Best Student Cards
Editor's Picks - Student Cards:
 Discover® Student Card |
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| Details |
- Introductory Purchase APR - 0% through March 2010
- Standard Purchase APR - 14.99% variable
- Introductory Balance Transfer APR - n/a
- Standard Balance Transfer APR - n/a
- Cash Back - Up to 1% for regular purchases / 5% on rotating categories
- Cash Back Caps - None
- Cash Back Expiration - Cash back earned does not expire, but can be forfeited if you close the card, are inactive for 18 months or are late on your minimum payment in two consecutive billing periods.
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| Why we like this Student Card |
- Low APR - The 14.99% variable rate is very low compared to other student credit cards, plus there are no finance charges for purchases through March 2010.
- 5% Cash Back on Rotating Categories - Discover publishes the categories on which you will earn 5% cash back on their website. The 2009 calendar is currently available. This gives you a chance to time your purchases to maximize your cash back.
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| What to watch |
- Tiered Cash Back on Regular Purchases - Because of the tiered cash back structure, you only earn 0.25% on your first $3,000 of annual regular purchases. Also, you only earn 0.25% cash back on all warehouse store purchases.
- Cash Advance Fees - Starting in January 2010, Discover will charge a 5% fee ($10 minimum) on all cash advances. If you are planning to use your card frequently for cash advances, you may want to find a card with lower fees.
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| How to apply |
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| Citi® Dividend Platinum Select® Visa® Card for College Students |
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| Details |
- Introductory Purchase APR - 0% for 6 billing cycles
- Standard Purchase APR - 16.24% to 18.24% variable
- Introductory Balance Transfer APR - 0% for 6 billing cycles
- Standard Balance Transfer APR - 16.24% to 18.24% variable
- Cash Back - 2% at supermarkets, drugstores, gas stations, convenience stores, and utilities; 1% on all other purchases
- Cash Back Caps - $300 per year
- Cash Back Expiration - Cash back earned does not expire, but cannot be earned or redeemed if account is no longer open or current
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| Why we like this Student Card |
- 0% Introductory Rate on Purchases and Balance Transfers - For 6 months you will not incur any finance charges on purchases or transfers, an uncommon feature among student cards.
- Generous Cash Back Program - Cash back rewards can add up quickly with Citi's 2% cash back on everyday spend categories.
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| What to watch |
- Variable Rate APR - After the introductory rate expires, the APR could be as high as 18.99% depending on your credit history. If you will not be paying off your balance each month, finance charges could be high.
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| How to apply |
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See more of our best credit card selections in these additional categories:
