Chip Lupo, Credit Card Writer
The Deserve® EDU Mastercard for Students is a good first-time credit card because it is available to people with limited credit and it offers rewards, giving 1% cash back. The card’s annual fee is $0. Responsible use also builds credit, as the Deserve EDU Card reports account info to the major credit bureaus monthly.
To get approved for the card, you will need to have a steady income and meet other basic requirements like being at least 18 years old and having an SSN. International students don’t need an SSN, but they must provide proof of a U.S. bank account balance, student visa, passport ID, and their legal school document (I-20, for example).
Why Deserve EDU Card Is a Good First-Time Credit Card
- Available to: People with limited credit
- Annual fee: $0 annual fee
- Rewards: 1% cash back
- APR: 22.99% Variable
- Reports to credit bureaus monthly: Yes
It’s worth noting that the Deserve EDU Card isn’t the only good first-time credit card out there. You can learn more about the best first-time credit cards on WalletHub.
Deserve® EDU Mastercard for Students
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