Are you a college student on the hunt for the best credit card to suit your needs? Look no further! We've searched the depths of Reddit to find the most highly-recommended and suitable credit cards for college students. In this article, we'll go through the top contenders, discuss their features, and help you choose the best one that suits your financial situation. Get ready to level up your personal finance journey!
Best Credit Cards For College Students Reddit Table of Contents
Discover it® Student Cash Back
Discover it® Student Cash Back
Rewards and Benefits:
- 5% cash back on different everyday purchases each quarter (up to the quarterly maximum)
- Unlimited 1% cash back on all other purchases
- Matching cash back for the first year – doubles your rewards!
- Good Grades Reward - $20 statement credit each school year for a 3.0 or higher GPA
Why Reddit Loves It:
This card is a favorite among students on Reddit due to its impressive rewards program and lack of an annual fee. Users appreciate the rotating category rewards and the unmatched cash back match at the end of your first year, making it perfect for the budget-conscious college student.
Deserve® EDU Mastercard for Students
Rewards and Benefits:
- 1% unlimited cashback on all purchases
- No annual fee or international transaction fees
- Cell phone protection up to $600
- Complimentary Amazon Prime Student membership for one year (up to $59 value)
Why Reddit Loves It:
This card is particularly popular among international students on Reddit as it doesn't require a social security number or credit history. The additional benefit of no international transaction fees is also attractive for students studying abroad or making foreign purchases online.
Capital One QuicksilverOne
Rewards and Benefits:
- 1.5% unlimited cashback on every purchase
- Access to a higher credit line after 6 months of on-time payments
- Customizable payment due date
- No foreign transaction fees
Why Reddit Loves It:
Redditors recommend this card for students with limited to fair credit. The 1.5% cashback on every purchase and no foreign transaction fees make it a solid option for those looking for simplicity in their rewards program.
Chase Freedom® Student
Rewards and Benefits:
- 1% unlimited cashback on all purchases
- No annual fee
- $50 bonus after the first purchase made within the first 3 months
- Credit limit increase after 5 on-time monthly payments within 10 months
Why Reddit Loves It:
Chase Freedom® Student is considered an excellent starter card for college students looking to build credit. The $50 sign-up bonus and credit limit increase incentive make it an appealing choice for Redditors.
Best Credit Cards For College Students Reddit Example:
Meet Jane, a college junior who's struggling to manage her finances and wants to build her credit. After reading this article on Flik Eco, she decides to apply for the Discover it® Student Cash Back card, as it offers appealing rewards and incentives for maintaining good grades. Over the next year, she diligently uses her card for everyday purchases, taking advantage of the rotating 5% cash back categories and diligently paying off her balance each month. At the end of the year, Discover matches the cash back she earned, and she also receives a $20 statement credit for maintaining a 3.0 GPA. Jane's responsible card usage not only helps her earn rewards but also boosts her credit score.
There you have it - the best credit cards for college students, as recommended by the Reddit community! Remember, responsible card usage and timely payments are key to building credit and reaping the rewards of these cards. So go ahead, explore these options further, and choose the one that best suits your needs! Don't forget to share this article with your fellow college students to help them make a well-informed decision in their personal finance journey. And as always, stay tuned to Flik Eco for more in-depth guides and expert advice on personal finance and investing.
