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 is also included. A student credit card is an excellent investment regardless of your financial status. The balance will be paid off in full and you can use it to pay for travel.
Bank of America's Discoverit (r) Student Cash Back
Discover it(r), Students Cash Back credit cards offer a competitive cashback rewards rate. This card offers an introductory cash back match of up to 5% on purchases and offers a wide variety of bonus categories. To earn rewards, you will need to sign up for the different bonus categories which rotate each quarter. Rewards cannot be earned retroactively. For first-time cardholders, the introductory cashback match is valid.
Discover it Student Cash back card is a rotating category card that offers higher cashback for purchases in bonus categories. These categories are subject to change each 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
If you are a student and looking for a credit card that will help you pay off your student loans, consider the Sallie Mae Accelerate student credit cards. This card provides unlimited cashback up to 1.25% on all purchases. There is no cap on the amount you can earn in cash back. For the first six months, you will receive a 25% bonus in cash back rewards. The card is ideal for students because it allows you make timely payments.
One benefit of the Sallie Mae Accelerate student credit cards is that they have a suite of convenient tools that can help you manage your account. Your account can be accessed from your smartphone. It makes it easy to pay bills, view your statements, set alerts, and much more. From the app, you can also pause or suspend your card. You will also find many other benefits that make this credit card the ideal student credit card.
Capital One's Adventure Student Rewards
Capital One's journey Student Rewards Credit card: This card is perfect for anyone who is going abroad for the summer. No foreign transaction fees! You'll never have to worry about 3% foreign transaction fees again! This is great news for students participating in exchange programs or traveling abroad. You can travel to Britain and spend money there without worrying about fees.
The negatives: Capital One Journey student rewards has a high annual percentage rate. This card isn't the best for balance transfers. If you are only planning to use this card to purchase, the annual percentage rate will be too high. You'll enjoy the benefits program and peace-of-mind it offers if you use it for travel. But be careful: there are other cards with lower annual percentage rates. Before you make a decision, it is important to consider all of your options.
Discover the 100% cashback match
Discover offers an unlimited 100% cashback match for student purchase the first year. You can use the bonus to redeem $20 in statement credits for each subsequent 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. This is an excellent deal that will allow you to quickly start receiving cash back.
Cashback Match is one feature that makes this card stand out. It will match any cashback you earn within the first 12 months. You will only have to make your first purchase within the cashback match period. After the match period expires, you won't be eligible for a cashback bonus. 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, you may need furniture, lighting, and appliances.