What are the best credit cards for school fees?

The best type of credit card for students is a student credit card since these cards tend to have better terms than most other credit cards for limited credit. The best student credit cards offer $0 annual fees, rewards and sometimes even 0% intro rates on purchases or balance transfers. Student credit cards are also easy to get approved for with limited or no credit. ... read full answer

Banks and credit unions tend to offer students favorable credit card terms, even if their credit history and income are limited right now, because students have a higher earning potential once they graduate. So, if you are a student looking to build credit and save money, check out WalletHub’s editors’ picks for the best student credit cards.

Best Student Credit Cards

If you do get rejected for a student credit card, you can apply for a secured card. Secured credit cards are the easiest cards to get approved for since a security deposit is required to open the account, which lowers the risk for the lender.

Yes, you can get a normal credit card as a student. Students can get any general-consumer credit card as long as they are at least 18 years old, have enough income to afford minimum monthly payments, and meet any other requirements the card has for approval.

Most students have little-to-no credit history, however, which means they’re only likely to qualify for credit cards for people with no credit. Student credit cards also tend to be the most attractive offers among cards for people with no credit, so applying for a normal, non-student credit card might not be the best choice. ... read full answer

Why Students Can Get Normal Credit Cards

Students are not restricted to student credit cards.

Student credit cards are designed specifically for college students, which means people who are not in school are usually ineligible. On the other hand, there is no rule that bars students from applying for general-consumer credit cards.

General-consumer credit cards and student credit cards are regulated by the same legislation.

In a sense, student credit cards are “normal” credit cards because they are included in the CARD Act. This law ensures a series of protections for consumer credit card users, but it does not apply to business credit card accounts.

There are general-consumer credit cards available for people with limited credit.

Most college students have limited credit history, unless they have been building credit as an authorized user. That means they are most likely to qualify for secured credit cards or unsecured starter credit cards, both of which usually accept applicants with no credit history.

All that said, you shouldn’t rule out student credit cards. They generally offer better rewards, fees, and interest rates than general-consumer cards for beginners, and they offer the same protections. If you are in college, you should absolutely take advantage of student credit card offers.

You can find reviews for the best student credit cards available on WalletHub.