One of the best Mastercard student credit cards is the Deserve® EDU Mastercard for Students because it offers 1% cash back on all purchases and has a $0 annual fee. This card is considered one of the best for international students studying in the U.S. as it doesn’t require a Social Security number to get it. Plus, the Deserve EDU card charges $0 foreign fees.
Keep in mind that the best credit cards for students offer generous rewards, 0% intro rates and low fees, while they have lenient approval requirements. You can check out our editors’ latest picks for the best student credit cards to weigh your options.
The easiest credit cards for students to get are student credit cards for applicants with limited or no credit history and secured credit cards, which are available to people with no credit or even bad credit. Since college students tend to have higher incomes in the long term, issuers are willing to extend them better offers than most people without established credit could get. Think of it as an investment in a student’s future financial needs, which could prove quite profitable for a bank that gets in on the ground floor.… read full answer
In general, student credit cards allow young people to begin building credit before entering the real world. If you use your card responsibly and pay your bills on time, you should be able to get a better deal once you graduate. And that’s true whether you’re starting with a student credit card or a secured card.
Yes. You have to be a student to get a student credit card most of the time. Most student credit cards require applicants to provide the name of their school, their expected graduation date, or some other proof of enrollment.
The terms and conditions for some student credit cards also state that the card is specifically for currently-enrolled students. It’s illegal to lie on a credit card application, so applicants are legally compelled to be honest about their college enrollment status.… read full answer
Even if a student credit card application doesn’t ask you about your enrollment status, student cards are meant for students. If you don’t qualify as a currently-enrolled student, there are plenty of alternatives for people just starting to build their credit. You can get a secured credit card or a starter credit card, for example, without needing to be a student.
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