The Best Student Credit Cards for July 2019

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They Pass With Flying Colors: Five Of The Best Credit Cards For College Students, July 2019

Believe it or not, there’ll come a time when you need to think about more than scheduling college classes no earlier than 10 a.m., pulling an all-nighter before an exam, and actually getting a paper in on time. Building good credit might not be on your mind while you’re still in school, but you’ll want it — and need it — in the future when you’re looking to buy a house, finance a car, or qualify for the best credit card offers. These student credit cards offer everything from great cash-back rewards to incentives for responsible use, and more.

Best Pick For: No Credit History and International Students

Deserve® Edu Mastercard® for Students

A great option for students who can’t qualify for a credit card because they lack a U.S. credit history, a Social Security number, or both. Cardholders can expect:

• Unlimited 1% cash back on all purchases

• Statement credit for a 12-month Amazon Prime Student subscription (up to $59)

• $30 statement credit every time you refer a friend who qualifies for the card

• $0 annual fee

Best Pick For: Cash-back rewards

Discover it® Student Cash Back

In addition to rewards, you get a free FICO score (there’s no FICO history requirement for this card), forgiveness for your first late payment, and low fees. Cardholders can expect:

• 5% cash back (on up to $1,500 in spending per quarter) in categories that change every three months

• 1% cash back on non-category spending

• New cardholders get their cash back matched at the end of their first 12 billing periods

• Students who maintain a 3.0 GPA are eligible for an annual $20 statement credit

• $0 annual fee and no foreign transaction fees

• Late payments will never increase your interest rate

Best Pick For: Incentives for Responsible Use

Journey® Student Rewards from Capital One®

The Journey® card offers simple, flat-rate rewards as well as a bonus for making on-time payments. Cardholders can expect:

• 1% cash back on all purchases

• An extra 0.25% cash back as a bonus when your bill is paid on time

• Possible access to a higher credit line if you make your first five payments on time

• $0 annual fee and no foreign transaction fees

Best Pick For: Limited Credit

State Farm® Student Visa® Credit Card

For those with limited credit, this card offers a chance to build credit while also earning rewards. Cardholders can expect:

• State Farm Loyalty Rewards points (1 point for every $2 spent on most purchases)

• Three points per $1 spent on insurance premium payments (on up to $4,000 spent annually)

• Student discounts from Visa

• $0 annual fee

Best Pick For: Secured Card

Capital One® Secured Mastercard®

If you’re now looking to build credit, the Capital One® Secured Mastercard® is an excellent starter card. Cardholders can expect:

• The need to put down a deposit as this is a secured credit card

• The possibility of getting a $200 line of credit with only a $49, $99, or $200 deposit

• An increased credit limit, without requiring an additional deposit, if your first five monthly payments are made on time

• $0 annual fee

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Sandra Murphy

Sandra Murphy

Holds a master's degree in professional writing and has more than 15 years of experience writing for national and international entities.

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