1.Capital One Savor Student Cash Rewards Credit Card
Capital One
- 3%Cash back on dining, entertainment, popular streaming services, and grocery stores
- 1%Cash back on all other purchases
Earn a one-time $50 cash bonus once you spend $100 on purchases within the first 3 months from account opening.
Earn unlimited 3% cash back on dining, entertainment, popular streaming services, and grocery stores (excluding superstores like Walmart and Target), plus 1% on all other purchases.
18.49%-28.49% Variable APR
The Capital One Savor Student Cash Rewards Credit Card stands out as the top choice because it offers a generous 3% cash back on dining and entertainment, making it ideal for students who frequently spend in these categories. With no annual fee and a low spending requirement for the welcome bonus, it provides exceptional value for students looking to maximize their rewards.
Pros:
- No annual fee
- High rewards on dining and entertainment
Cons:
- Variable APR can be high
- Some exclusions apply
- 1.5%Cash back on every purchase
- 1%Cash back on all other purchases
Earn a one-time $50 cash bonus once you spend $100 on purchases within the first 3 months from account opening.
Earn unlimited 1.5% cash back on every purchase, every day.
18.49%-28.49% Variable APR
What sets the Capital One Quicksilver Student Cash Rewards Credit Card apart is its straightforward cash back structure, offering a flat 1.5% on all purchases without the need to track rotating categories. This makes it an excellent choice for students who prefer simplicity and consistency in their rewards.
Pros:
- No annual fee
- Flat cash back rate on all purchases
Cons:
- Lower rewards rate compared to other cards
- Limited bonus categories
3.Bank of America Travel Rewards credit card for Students
Bank of America
- 1.5%Points on all purchases
Earn 25,000 online bonus points after making at least $1,000 in purchases in the first 90 days.
Earn 1.5 points per $1 spent on all purchases.
17.49%-27.49% Variable APR
The Bank of America Travel Rewards credit card for Students shines for its travel rewards, offering 1.5 points per dollar spent on all purchases and a substantial welcome bonus. This card is perfect for students who want to earn rewards while building credit without incurring annual fees.
Pros:
- No annual fee
- Flexible rewards for travel
Cons:
- Higher spending requirement for bonus
- Limited to travel rewards
4.Discover it Student Cash Back
Discover
- 5%Cash back on rotating categories
- 1%Cash back on all other purchases
Discover will automatically match all the cash back you earn at the end of your first year.
Earn 5% cash back on rotating categories each quarter, up to $1,500 in combined purchases, and 1% on all other purchases.
16.49%-25.49% Variable APR
The Discover it Student Cash Back card stands out for its unique Cashback Match feature, which doubles all cash back earned in the first year, making it an exceptional choice for students looking to maximize their rewards. With 5% cash back on rotating categories, it offers flexibility and high earning potential.
Pros:
- No annual fee
- Cashback Match doubles rewards in the first year
Cons:
- Requires activation for bonus categories
- Limited to $1,500 in combined purchases per quarter
5.Bank of America Unlimited Cash Rewards credit card for Students
Bank of America
- 2%Cash back on all purchases for the first year
- 1.5%Cash back on all purchases thereafter
Earn a $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days.
Earn unlimited 2% cash back on all purchases for the first year, then 1.5% thereafter.
17.49%-27.49% Variable APR
The Bank of America Unlimited Cash Rewards credit card for Students is a strong contender for those seeking a straightforward cash back experience, offering an impressive 2% cash back on all purchases for the first year. This card is particularly appealing for students who want to earn rewards without the hassle of managing categories.
Pros:
- No annual fee
- High cash back rate for the first year
Cons:
- Lower rate after the first year
- Requires a minimum spend for bonus
Final Words
As you navigate the world of credit cards this February, remember that choosing the right one can significantly impact your financial health as a college student. Take time to compare your options, assess the rewards and fees, and make an informed decision that aligns with your lifestyle and budget.
Frequently Asked Questions
Earn a one-time $50 cash bonus once you spend $100 on purchases within the first 3 months from account opening.
Earn unlimited 3% cash back on dining, entertainment, popular streaming services, and grocery stores (excluding superstores like Walmart and Target), plus 1% on all other purchases.
The Capital One Quicksilver Student Cash Rewards Credit Card has an annual fee of $0.
You can earn unlimited 1.5% cash back on every purchase, every day with the Capital One Quicksilver Student Cash Rewards Credit Card.
To qualify for the Bank of America Travel Rewards credit card for Students, you typically need to be a student and meet the card issuer's credit requirements. It's advisable to check directly with Bank of America for specific eligibility criteria.
Earn 25,000 online bonus points after making at least $1,000 in purchases in the first 90 days.
Student credit cards often come with no annual fees, cash back rewards, and opportunities to build credit history. They can help students manage expenses and learn responsible credit use.
Consider factors like rewards structure, annual fees, and your spending habits. Look for cards that offer rewards aligned with your purchases, such as dining or groceries, to maximize benefits.
