Looking for the best student credit card offers? This article will compare Bank of America’s Discover It(r), Capital One’s Student Rewards, Sallie Me's Accelerate and Bank of America’s Student Cash Back. Discover's 100% cashback match can also be found. No matter your financial situation, a student card is a wise investment. You'll be able to save money while you pay off the balance in the end and use the money toward travel.
Bank of America's Discover it(r) Student Cash Back
The Discover it(r), Student Cash Back credit card offers a competitive rate for cash back rewards. The card offers an introductory cashback match of up to 5 percent on purchases, and a variety of bonus categories. You must sign up to receive rewards in the bonus categories that rotate every quarter. You can't earn rewards retroactively. For first-time cardholders only, the introductory cashback match will be applicable.
Discover it Student Cashback card is a rotating-category credit card that rewards higher cashback when you purchase in bonus categories. These categories change every quarter. Students who meet the requirements of each category earn a $20 statement credit. These categories are subjected to a $1.500 quarterly cap. It is best to limit your spending. A $200 bonus each year is a good deal if you plan on keeping your card for more time than one.
Sallie Mae Accelerate
Sallie Mae's Accelerate student credit card is a great option for student debt repayment. The card gives you 1.25% unlimited cashback on all purchases. You don't have to limit the amount of cashback you can earn. You will also receive a 25% bonus for your first six months of card use. The best thing about the card? It is specifically designed for students, and you can make your payments on time.
Sallie Mae's Accelerate student credit card offers a variety of tools that will help you manage and pay your bills. Accessing your account through your smartphone is easy. It's simple to pay your bills, review your statements, set up notifications, and other tasks. You can also pause your card right from the app. The credit card is also perfect for students because it offers a variety of perks.
Capital One's Journey Student Reward Program
The Benefits of Capital One's Journey Student Rewards Credit Card: If you're in college and are going abroad for the summer, you'll love this card! No foreign transaction fees! No more worrying about foreign transaction fees of 3%! This is an excellent benefit for students traveling abroad or taking part in exchange programs. It is possible to travel to the United Kingdom without paying any fees.
Negatives: Capital One's Student Rewards has a very high annual percentage. Also, it's not the best choice for balance transfers. If you intend to use the credit card only for purchases you will find the rewards not worth the high annual percent rate. The rewards program and the security it provides will be worth it if you are planning to use it for traveling. However, there are also cards with lower annual percent rates. Before making a purchase, consider all options.
Discover our 100% cashback match
Discover offers an unlimited 100% cashback match for student purchase the first year. The $20 bonus can be used for statement credits in the following five years. You can also earn $20 in statement credits each year if you have good grades. Additionally, you will receive 5% cash back in rotating category and 1% cashback for all purchases. It's a great deal! You'll soon begin to see serious cash back in the account.
Cashback Match is one the most appealing features of this card. This will match any cash back earned for the first year. You will only have to make your first purchase within the cashback match period. After that, you can't expect a cashback reward for purchases made after the match period has expired. This is great news, especially for students on a limited budget. This should not be a reason to sign up for a credit card. Before you buy a lot of expensive items, it's worth trying out the service. In your first year of living, you might need to purchase furniture and appliances as well as lighting.