What are the Key Factors for Selecting a Credit Card?
Credit cards come with a lot of conditions, so you must be cautious while choosing a credit card. You can take into consideration the following points before choosing the credit card as a student:
-
Annual Fees- Make sure that the credit card company doesn’t charge a yearly fee. Various credit card providers offer their credit card at no annual fees.
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Bonus and Rewards- Credit cards offer you a multitude of benefits regarding points and cash backs. While choosing the credit card, you must do a comparative analysis of the various rewards points offered by these credit companies.
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Foreign Transaction Fees- As a student if you are planning to travel abroad or study abroad then find out a credit card which offers no foreign transaction fees.
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Upgrade opportunities- Also check whether the credit company allows you to upgrade from student credit card to regular card.
Best Student Credit Cards for 2019
Here is the tabular representation of 5 best student credit cards along with its key features:
|
Name of the card |
Ideal For |
Foreign Transaction Fees |
Regular APR |
Annual Fee |
|
Discover |
|
No Foreign Transaction Fees |
14.99% - 23.99% |
Zero Annual Fees |
|
Deserve Edu Mastercard for Students |
|
No Foreign transaction fees |
20.74% |
No Annual Fees |
|
Journey® Student Rewards from Capital One® |
|
No Foreign Transaction Fees |
26.96% |
No Annual Fees |
|
Citi Bank Thank You Card |
|
No Foreign Transaction Fees |
16.24 and 26.24 |
No Annual Fees |
|
State Farm® Student Visa® Credit Card |
|
No foreign transaction fees |
17.24% - 25.24% |
No Annual Fees |
With the help of this table, you can shortlist the credit card and apply for the same. But remember it comes with repayment clause so us your credit card judiciously. For any query, contact us at +1 (925) 317-8255
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