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The Best Credit Cards for Students Who Want to Travel

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While I didn’t take my first international trip until after I graduated college (I went to Costa Rica when I was 23), being a college student doesn’t mean you have to skip out on travel. From studying abroad to gap years to spring break trips, there are a lot of ways to travel while in school.

However, students usually don’t have a lot of money which makes affording trips abroad challenging.

Fortunately, there are lots of ways to save for a trip on a budget. One of the best ways to do this is by getting a rewards credit card.

Since students don’t have a credit history and may not have an income yet, it will be hard to get approved for the travel credit cards with the most rewards .

The good news is that banks know this, and many have created cards specifically designed for students. These are easier to get approved for (banks don’t expect you to have a credit history as a student), so that you can start building credit and using those rewards to help you travel for cheap!

Here’s my list of the best credit cards for students:

Table of Contents

MY TOP PICK: Capital One SavorOne Student Cash Rewards Credit Card

Bank of america travel rewards student credit card, chime credit builder visa® credit card, tips for getting a credit card as a student, frequently asked questions about credit cards for students.

Here’s a look at the main benefits of the card:

• bonus_miles_full
• 3% cash back on dining, entertainment, popular streaming services, and grocery stores
• 5% cash back on hotels and rental cars booked through Capital One Travel
• 8% cash back on Capital One Entertainment purchases
• 10% cash back on purchases on Uber and Uber Eats
• Uber One monthly membership fee covered through November 14, 2024
• Travel accident insurance
• No foreign transaction fees
• No annual fee

  If you want a more straightforward card, Capital One also offers the card_name . It offers nearly all the same benefits, except instead of the different bonus categories, you’ll get an unlimited 1.5% cash back on all purchases. The Quicksilver also comes in a secured version if you can’t get approved for an unsecured card.

With this card, you’ll get:

• 25,000 Online Bonus Points after making $1,000 USD in purchases in the first 90 days
• Unlimited 1.5 points per $1 USD spent on all purchases

The downsides are that there’s no welcome bonus and you must open a Chime checking account to use the card (though as a student, you may be opening your first account anyway). Unlike most secured cards, there’s also no set credit limit, which you create yourself with the money you deposit into your Chime checking account (which you then use to pay off your balance).

• No interest charges
• No minimum security deposit required
• No credit check (so there’s no impact on your current score)
• The ability to set your own credit limit
• An easy-to-use app to manage your account and card

Getting your first card can be a bit intimidating as you may not know how credit cards work . But it doesn’t have to be.

Using credit cards responsibly starts with building healthy habits. As long as you pay off your entire balance each month, your regular purchases can work for you, earning rewards that can be used for future travel.

It’s a good idea to start building credit as soon as you can, not only to reap the benefits of rewards cards but also to establish a lengthy credit history that can help you in other aspects of life. At some point in the future, you may want to buy a house, lease a car, apply for a business loan, or do other activities that require a credit check. (Some apartments and even some jobs require it.) So the earlier you start building a credit history, the better.

Certain credit cards are specifically designed for students, with an easier approval process that requires no credit history and lower spending limits that are in line with the limited (or nonexistent) income of a student.

Requirements for student cards may include:

• Proof of enrollment
• If under 21, an income source (e.g., part-time job, scholarship, or grant)
• A minimum age of 18
• A Social Security number
• US citizenship or permanent residency

Note: Student cards are designed for people with no credit. If you’re rebuilding your credit, check out the best credit cards for those with bad credit .

How do I get a credit card as a student? Getting a credit card can be as simple as applying for cards geared towards students, like those listed above. Many even offer a pre-approval process, meaning you can see if you’ll be approved without having an impact on your score. You can also contact your local bank or credit union for information, as they may have a card for you as well.

Can I get a credit card if I’m a full-time student? Yes! The cards above (along with many others) are geared toward students, even if you’re studying full-time.

At what age can students get a credit card? Students can start applying for credit cards at the age of 18, though requirements can make it difficult to be approved (you’ll have to prove independent income). Your best option for building credit if you’re between the ages of 18 and 21 is to get either a secured credit card or a student credit card. You can also become an authorized user on someone else’s card.

After age 21, restrictions fall away, and it becomes easier to get a regular, unsecured credit card.

Can I get a credit card as a student with no income? If you’re under 21, you’ll have to prove independent income. However, depending on the card issuer, they may accept student loans, grants, or scholarships as proof of income. If you have someone who can co-sign for you, some credit card issuers may allow a co-signer’s income to count toward approval.

What happens to my student card when I graduate? Most student credit cards have a non-student version. In many cases, when you graduate, your account, along with its limits and history, will simply be converted to that option. In other cases, you’ll want to upgrade or open a new account. But even if you open other cards and don’t use that account as much, you’ll want to keep it open to maintain the length of your credit history.

Contrary to popular belief, you don’t need to wait until you graduate college to start building a credit history and earning rewards. Not only will a card help you earn cheap (or free) travel, but you’ll learn how credit cards work and establish healthy financial habits that will help you throughout your life!

Book Your Trip: Logistical Tips and Tricks

Book Your Flight Find a cheap flight by using Skyscanner . It’s my favorite search engine because it searches websites and airlines around the globe so you always know no stone is being left unturned.

Book Your Accommodation You can book your hostel with Hostelworld . If you want to stay somewhere other than a hostel, use Booking.com as it consistently returns the cheapest rates for guesthouses and hotels.

Don’t Forget Travel Insurance Travel insurance will protect you against illness, injury, theft, and cancellations. It’s comprehensive protection in case anything goes wrong. I never go on a trip without it as I’ve had to use it many times in the past. My favorite companies that offer the best service and value are:

• SafetyWing (best for everyone)
• Insure My Trip (for those 70 and over)
• Medjet (for additional evacuation coverage)

Want to Travel for Free? Travel credit cards allow you to earn points that can be redeemed for free flights and accommodation — all without any extra spending. Check out my guide to picking the right card and my current favorites to get started and see the latest best deals.

Need Help Finding Activities for Your Trip? Get Your Guide is a huge online marketplace where you can find cool walking tours, fun excursions, skip-the-line tickets, private guides, and more.

Ready to Book Your Trip? Check out my resource page for the best companies to use when you travel. I list all the ones I use when I travel. They are the best in class and you can’t go wrong using them on your trip.

Nomadic Matt has partnered with CardRatings for our coverage of credit card products. Some or all of the card offers on this page are from advertisers and compensation may impact how and where card products appear on the site. Nomadic Matt and CardRatings may receive a commission from card issuers.

Got a comment on this article? Join the conversation on Facebook , Instagram , or Twitter and share your thoughts!

Disclosure: Please note that some of the links above may be affiliate links, and at no additional cost to you, I earn a commission if you make a purchase. I recommend only products and companies I use and the income goes to keeping the site community supported and ad free.

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Credit Cards > Reviews

Bank of America® Travel Rewards credit card for Students review 2024: Flexible rewards and no annual fee for students with good credit

Holly Johnson

Robin Saks Frankel

“Verified by an expert” means that this article has been thoroughly reviewed and evaluated for accuracy.

Updated 1:03 p.m. UTC Feb. 7, 2024

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Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full advertiser disclosure policy .

It’s a tempting option for students who love to travel: a card that offers flat-rate rewards and no annual fee. But applicants need good credit  – so good that they may qualify for better travel cards with more perks.

Bank of America® Travel Rewards credit card for Students

Welcome Bonus

• 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening – that can be a $250 statement credit toward travel purchases.

Regular APR

Credit score.

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Editor’s Take

• Accessible for student applicants.
• Solid rewards of 1.5 points per $1 on purchases.
• No annual fee or foreign transaction fees.
• High APR outside of intro offer.
• Points have lower value if redeemed for cash back.
• Lack of bonus earning categories.

Card Details

• Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don’t expire as long as your account remains open.
• Use your card to book your trip how and where you want – you’re not limited to specific websites with blackout dates or restrictions.
• Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.
• 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% – 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
• When handled responsibly, a credit card can help you build your credit history, which could be helpful when looking for an apartment, a car loan, and even a job. Access your FICO® Score for free within Online Banking or your Mobile Banking app.
• Contactless Cards – The security of a chip card, with the convenience of a tap.
• This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Why trust our credit card experts

Our team of experts evaluates hundreds of credit cards and analyzes thousands of data points to help you find the best card for your situation. We use a data-driven methodology to determine each rating. Advertisers do not influence our editorial content. You can read more about our methodology below.

• 35+ cards analyzed.
• 6 data points considered.
• 5-step fact-checking process.

Bank of America® Travel Rewards credit card for Students basics

• Annual fee: $0.
• Welcome bonus: 25,000 points after spending $1,000 on purchases in the first 90 days of account opening.
• Rewards: 1.5 points per $1 on purchases.
• APR: 0% intro APR for 15 billing cycles on purchases and balance transfers made in the first 60 days, and then a 18.24% to 28.24% variable APR. A 3% intro balance transfer fee will apply for the first 60 days; then a 4% fee applies to future balance transfers.
• Other perks and benefits: Free FICO Score each month.
• Does the issuer offer a preapproval tool? No.
• Recommended credit score: Good to excellent.

About the Bank of America Travel Rewards credit card for Students 

Students who like to travel may be tempted by the Bank of America® Travel Rewards credit card for Students . It has no annual fee, no foreign transaction fees, and it earns 1.5 points per $1 on purchases, with no limits and no expiration dates on its rewards as long as your account remains open. There’s just one caveat: Applicants need good or excellent credit to get approved, which excludes students just starting to build a credit history.

For a travel rewards card it doesn’t offer much flexibility when it comes to point redemption. You can take your earnings as a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars or baggage fees, and also for restaurants — including takeout. Although there are no travel loyalty transfer partners like you’ll find on some of the best travel cards , you won’t have to worry about blackout dates or being limited to booking your travel through Bank of America.

Benefits include a welcome bonus of 25,000 points after spending $1,000 on purchases in the first 90 days of account opening. There’s also a 0% intro APR for 15 billing cycles on purchases and balance transfers made in the first 60 days, and then a 18.24% to 28.24% variable APR. A 3% intro balance transfer fee will apply for the first 60 days; then a 4% fee applies to future balance transfers.

Still, the card lacks some of the perks of other travel cards, like the ability to convert the points to cash back or travel protections, and students with good enough credit to qualify for this card may prefer another with more robust offerings. 

• Earn unlimited rewards on all purchases: Cardholders earn a flat 1.5 points per $1 on purchases with no bonus categories or caps to track.
• Avoid interest for more than one year: This card’s introductory APR can yield considerable savings if you decide to carry a balance or use this card to consolidate other debts.
• No annual fee: There’s no cost to own the card.
• No foreign transaction fees: You can use this card for purchases overseas without paying extra surcharges.
• Requires a good to excellent credit score: Many students, still building credit, won’t be able to qualify.
• No bonus categories to help you maximize rewards: This card doesn’t give you the chance to earn more rewards in specific categories like some other cards do.
• Flexible yet limited redemption options for rewards: You can redeem points for travel or dining statement credits, but that’s it.
• High APR after intro offer: This card’s high variable APR will make carrying debt costly over the long run.

Bank of America Travel Rewards credit card for Students Rewards

The card offers an easy-to-track 1.5 points per $1 on purchases. In addition, new cardholders can earn 25,000 points after spending $1,000 on purchases in the first 90 days of account opening. The points can be redeemed for statement credits on travel-related expenses.

Using government data and other publicly available information, we estimate that a student in the U.S. that would be in the market for this card has $12,544 in expenses they are likely to be able to charge to a credit card over the course of a year. Here’s what we estimate you could earn in rewards on that spending using the Bank of America Travel Rewards credit card for Students:

Our average cardholder would earn 18,813 rewards points that are worth $188 in statement credits toward travel or dining purchases, plus the first-year welcome bonus if the spending requirement is met.

Bank of America Travel Rewards credit card for Students APR

The Bank of America Travel Rewards credit card for Students automatically comes with a 0% intro APR for 15 billing cycles on purchases and balance transfers made in the first 60 days, and then a 18.24% to 28.24% variable APR. A 3% intro balance transfer fee will apply for the first 60 days; then a 4% fee applies to future balance transfers.

How the Bank of America Travel Rewards credit card for Students compares to other student credit cards 

Bank of america travel rewards credit card for students vs. bank of america® unlimited cash rewards credit card for students.

The Bank of America® Unlimited Cash Rewards credit card for Students comes with many of the same features since it’s offered through the same card issuer, yet it offers cash back instead of flexible travel points. There’s no annual fee and cardholders earn a flat 1.5% cash back on purchases as well as $200 cash rewards bonus after spending at least $1,000 on purchases in the first 90 days of account opening. 

This card comes with a 0% intro APR for 15 billing cycles for purchases and any balance transfers made in the first 60 days, then a standard APR of 18.24% to 28.24% variable applies. A 3% intro balance transfer fee will apply for the first 60 days; then a 4% fee applies to future balance transfers. Cash back can be redeemed for statement credits or a deposit or credit into an eligible Bank of America checking or savings account or an eligible Merrill account (including 529 accounts). Cash is the most flexible reward of them all since you can use it for travel or anything else you’d like, making the Bank of America Unlimited Cash Rewards credit card for Students a better option for most.

Bank of America Travel Rewards credit card for Students vs. Capital One Quicksilver Student Cash Rewards Credit Card * The information for the Capital One Quicksilver Student Cash Rewards Credit Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.

Similar to the Bank of America Travel Rewards credit card for Students, the Capital One Quicksilver Student Cash Rewards Credit Card * The information for the Capital One Quicksilver Student Cash Rewards Credit Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. doesn’t charge an annual fee, and cardholders earn 10% cash back on Uber & Uber Eats through 11/14/2024, 5% cash back on hotels and rental cars booked through Capital One Travel and 1.5% cash back on every other purchase. However, unlike the BofA card, the Quicksilver for Students is aimed at those building credit and even offers a preapproval tool before you formally apply. The card also offers some perks including the elevated rewards rate on travel booked through Capital One and 10% cash back on qualifying purchases made through the Uber and Uber Eats apps plus reimbursement for the cost of a monthly Uber One membership through Nov. 14, 2024.

A $50 cash bonus after spending $100 on purchases in the first three months of account opening, and there are no foreign transaction fees.

This card’s rewards also come with several flexible redemption options including cash back, statement credits on your account or gift cards.

Bank of America Travel Rewards credit card for Students vs. Discover it® Secured Credit Card

Maybe you don’t have any credit history at all or have some credit missteps in your history. In that case a secured credit card like the Discover it® Secured Credit Card may be the best bet. There’s no credit history or credit score requirement fand you can check to see if you’re preapproved before applying. The no-annual fee card earns 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter and 1% cash back on all other purchases. Discover will automatically match all the cash back earned at the end of the first cardmember year.

The card requires a minimum cash deposit of $200 as collateral, but Discover will review your account starting at seven months to see if you qualify to have your deposit returned to you and your account converted to an unsecured card. Discover will also report your balances and payments to the three main credit bureaus , helping you build credit over time.

Should you get the Bank of America Travel Rewards credit card for Students?

The card earns easy-to-understand rewards, there’s no annual fee and the intro APR offer can be enticing. However, the rewards can only be redeemed for statement credits related to travel or dining. And applicants need a good-to-excellent credit score to qualify for this card – at which point they may qualify for other cards as well, with more robust perks or features.

If you have good enough credit to qualify for this card, seek a more rewarding option. Our list of the best credit cards for students is a good place to start.

Bank of America Travel Rewards credit card for Students summary

Methodology

Our credit cards team has spent hours analyzing hundreds of credit cards. We took a deep dive into the details of each product and that analysis, combined with our years of experience covering credit cards, informed us as we developed these credit card rankings. Factors we considered when we developed our rankings included:

• Annual fees.
• Any other fees, like account opening fees, monthly maintenance fees or credit limit request fees.
• If the card earned any rewards and/or a welcome bonus
• If the card requires a security deposit.
• If the card requires a credit score to apply.

Frequently asked questions (FAQs)

While Bank of America does not list a specific minimum credit score requirement for this card, it’s aimed at those with good or better credit.

Points earned with this card are worth one cent each, so 20,000 points are worth $200 in travel or dining statement credits.

To apply for a Bank of America credit card online, applicants need to be at least 18-years-old, have a valid U.S. Social Security number (SSN) and have a physical address in the U.S. International students who don’t meet these requirements can still apply in person within a Bank of America branch but may require additional credentials like an ITIN.

The Bank of America Travel Rewards credit card for Students does not charge an annual fee.

*The information for the Capital One Quicksilver Student Cash Rewards Credit Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.

Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. Past performance is not indicative of future results.

Blueprint has an advertiser disclosure policy . The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone. Blueprint adheres to strict editorial integrity standards. The information is accurate as of the publish date, but always check the provider’s website for the most current information.

Holly D. Johnson is a personal finance expert and award-winning writer who covers a variety of insurance topics as well as general personal finance. In addition to her articles in Forbes, Holly is a featured author for CNN Underscored, Bankrate, Consumer Affairs and other notable publications. Johnson is also the founder of finance website Club Thrifty and the co-author of "Zero Down Your Debt: Reclaim Your Income and Build a Life You’ll Love."

Robin Saks Frankel is a credit cards lead editor at USA TODAY Blueprint. Previously, she was a credit cards and personal finance deputy editor for Forbes Advisor. She has also covered credit cards and related content for other national web publications including NerdWallet, Bankrate and HerMoney. She's been featured as a personal finance expert in outlets including CNBC, Business Insider, CBS Marketplace, NASDAQ's Trade Talks and has appeared on or contributed to The New York Times, Fox News, CBS Radio, ABC Radio, NPR, International Business Times and NBC, ABC and CBS TV affiliates nationwide. She holds an M.S. in Business and Economics Journalism from Boston University. Follow her on Twitter at @robinsaks.

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Student credit cards are meaningful tools in your early financial journey. A student card creates a solid starting point for people with limited credit histories as they begin building credit. Undergraduate, non-traditional and international students all can benefit from student cards geared toward their unique needs. Here are some of our top picks and tips to make the most of a student credit card.

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Best Credit Cards for Students in 2024

• Discover it® Student Cash Back : Best for rotating cash back bonus categories
• Bank of America® Unlimited Cash Rewards Credit Card for Students : Best for intro APR offer
• Bank of America® Travel Rewards Credit Card for Students : Best for travel
• Discover it® Student Chrome : Best for gas and dining
• Capital One SavorOne Student Cash Rewards Credit Card : Best overall student card
• Capital One Quicksilver Student Cash Rewards Credit Card : Best for flat-rate cash back
• Compare our top cards
• What is a student credit card?
• Expert advice for student credit cards
• How we rated the best student credit cards
• Frequently asked questions

Credit range

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

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Discover it® Student Cash Back

Our writers, editors and industry experts score credit cards based on a variety of factors including card features, bonus offers and independent research. Credit card issuers have no say or influence on how we rate cards.

Intro offer

• Intro Offer: Unlimited Cashback Match for all new cardmembers – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! So you could turn $50 cash back into $100. Or turn $100 cash back into $200. There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.

Rewards Rate

Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases - automatically.

Regular APR

• 5% Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate.
• 1% Plus, earn unlimited 1% cash back on all other purchases - automatically.

The Discover it® Student Cash Back makes it possible to skip the "starter card" phase even if you don't have a credit history. It features a full-fledged cash back program, earning a high rate of cash back on rotating bonus categories when you activate each quarter.   Read our full Discover it® Student Cash Back review .

• Discover’s Cashback Match™ program will match all of the cash back you earn with this card at the end of your first year.
• There are a fair amount of redemptions options with this card, including direct deposits, charity donations and gift cards.
• You’ll have to keep track of bonus categories and enrollment dates, which may be a hassle on a student schedule.
• The intro APR period on purchases is rather short at only a few months.
• Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically.
• Redeem your rewards for cash at any time.
• No credit score required to apply.
• Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
• No annual fee and build your credit with responsible use.
• 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 18.24% - 27.24% applies.
• Terms and conditions apply.

Bank of America® Unlimited Cash Rewards credit card for Students

• $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
• Earn unlimited 1.5% cash back on all purchases.
• 1.5% Earn unlimited 1.5% cash back on all purchases.

This card boasts a rare intro APR offer that’s the same length as its non-student counterpart. The Bank of America® Unlimited Cash Rewards credit card for Students also comes with a competitive flat rewards rate on all purchases, making it easy for students to earn on their spending. Read our full Bank of America Unlimited Cash Rewards Credit Card for Students review .

• The unlimited 1.5 percent cash back makes it easy for students to earn cash rewards on their everyday purchases.
• This card’s lengthy intro APR offer beats out many competing student cards’ offers.
• This card doesn’t have a lot of student-centric perks or credit-building features compared to other cards.
• It has limited redemption cash back redemption options.
• No annual fee.
• No limit to the amount of cash back you can earn and cash rewards don't expire as long as your account remains open.
• 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% - 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
• When handled responsibly, a credit card can help you build your credit history, which could be helpful when looking for an apartment, a car loan, and even a job. Access your FICO® Score for free within Online Banking or your Mobile Banking app.
• Contactless Cards - The security of a chip card, with the convenience of a tap.
• This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Bank of America® Travel Rewards credit card for Students

• 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases.
• Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire as long as your account remains open.
• 1.5X Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire as long as your account remains open.

The Bank of America Travel Rewards Card for Students not only has a decent rewards rate of 1.5X points on purchases, but it’s travel rewards redemption are some of the most flexible you’ll find on many cards. Students can redeem points for travel or to cover eligible travel purchases on their statement in the prior 12 months. Read our full Bank of America® Travel Rewards Credit Card for Students review .

• The unlimited 1.5X points is a competitive rate for a student travel card.
• This card also comes with a lengthy intro APR offer for purchases and balance transfers.
• Bank of America’s points aren’t worth much compared to other credit card rewards programs.
• Despite it being a travel card, it doesn’t have any noteworthy travel benefits aside from no foreign transaction fees.
• Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions.
• Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.

Discover it® Student Chrome

Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Earn unlimited 1% cash back on all other purchases.

• 2% Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically.
• 1% Earn unlimited 1% cash back on all other purchases.

This card is a great example of why it’s important to find the credit card that rewards you for purchases you most often make. The Discover it® Student Chrome offers bonus cash back automatically at gas stations and restaurants — two of the most common spending categories for college students.  Read our full Discover it® Student Chrome review .

• This card is fairly affordable to hold with no annual fee, foreign transaction fees or penalty APR.
• Benefit from Discover’s Cashback Match program with this card and Discover will automatically match all the cash back you've earned at the end of your first year.
• There are other student cards on the market with higher and more flexible rewards and categories.
• There is a quarterly cap on your highest earning categories.
• Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.

Capital One SavorOne Student Cash Rewards Credit Card

• Early Spend Bonus: Earn $50 when you spend $100 in the first three months

8% Cash Back on Capital One Entertainment purchases 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply) 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®) 1% Cash Back on all other purchases

• 8% 8% Cash Back on Capital One Entertainment purchases
• 5% 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply)
• 3% 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®)
• 1% 1% Cash Back on all other purchases

If you’re looking for a card to fund a solid night in or out, you may have to look no further than this card. It handsomely rewards popular dining and entertainment purchases, while also granting you the opportunity to earn a higher credit limit in as little as six months with positive credit activity. Read our full Capital One SavorOne Student Cash Rewards Credit Card review .

• With no foreign transaction fees, this card could be a solid study abroad tool.
• This card doesn’t charge a penalty APR if you miss a payment (though missed payments will still negatively affect your credit score).
• The regular APR is high with this card, even for a student option.
• Superstores like Target and Walmart do not count for the highest cash back rate.
• Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), with 1% on all other purchases
• Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024
• Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
• Enjoy no annual fee, foreign transaction fees, or hidden fees
• Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
• Earn up to $500 a year by referring friends and family when they're approved for a Capital One credit card
• Earn 8% cash back on entertainment purchases when you book through the Capital One Entertainment portal
• Build your credit with responsible card use
• Whether you're at a 4-year university, community college or other higher education institution, this card might be an option for you

Capital One Quicksilver Student Cash Rewards Credit Card

Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024 Earn unlimited 1.5% cash back on every purchase, every day

• 10% Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024
• 1.5% Earn unlimited 1.5% cash back on every purchase, every day

Students in the market for a card that offers flat-rate cash back rewards and few fees will find a pretty good match in this Capital One credit card. There are no foreign transaction fees and the competitive flat cash back rate, plus the bonus rate on hotels and rental cars booked through Capital One Travel, is one of the most generous rewards rates for a student credit card. Read our full Capital One Quicksilver Student Cash Rewards Credit Card review .

• Your redemption options for your earnings are flexible and there’s no minimum amount you need before you can redeem.
• The lack of a foreign transaction fee makes this card an ideal choice for students studying abroad.
• This card does not offer an intro APR on purchases or balance transfers, so you won’t get a break on interest when carrying a balance.
• The high end of this card’s ongoing APR is steep if your credit score is low.
• Earn unlimited 1.5% cash back on every purchase, every day
• Lock your card in the Capital One Mobile app if it's misplaced, lost or stolen

Compare Bankrate’s top student credit cards

A closer look at the best credit cards for students.

Best for rotating cash back bonus categories

• What we love
• Who it's for
• Alternatives

Learn more: Is the Discover it® Student Cash Back worth it?

Best for intro APR offer

It has an intro APR offer that competes with even the best non-student credit cards, offering cardholders a solution for financing a purchase or transferring a balance.

Students who want a break from interest for a little more than a year but don’t want to give up the opportunity to earn rewards.

If you want more rewards and can stomach a shorter APR offer, the Discover it® Student Cash Back balances a decent APR offer and a great cash back rate.

Read our full Bank of America Unlimited Cash Rewards Credit Card for Students review or jump back to offer details .

Best for travel

• Who it’s for

It lets cardholders redeem travel rewards for eligible travel purchases on statements within the past 12 months.

Students who want a low-cost, low-maintenance travel rewards card.

While the Capital One SavorOne Student Cash Rewards Credit Card earns cash back instead of points you can redeem for travel, its a solid student card that comes with some cardholder perks notably missing on the Bank of America card.

Best for gas and dining

Best overall student credit card

Learn more: Capital One SavorOne Student vs.Discover it® Student Cash Back

Best for flat-rate cash back

Learn more: Is the Capital One Quicksilver Student Cash Rewards credit card worth it?

Petal® 2 "Cash Back, No Fees" Visa® Credit Card

Best for credit-building incentives

The Petal 2 (issued by WebBank) is fairly accessible to students and people with a limited credit history, and it offers great incentives to help credit-builders practice responsible card habits. However, some cardholders have reported unexpected downgrades to other Petal cards with less desirable terms. While Petal claims it has no plans to downgrade future cardholders, there are no guarantees, so be sure to read the terms and conditions of your Petal card carefully. 

Learn more: Petal 2 “Cash Back, No Fees” Visa Credit Card benefits guide

Petal® 1 "No Annual Fee" Visa® Credit Card

Best for local cash back offers

The Petal 1 Visa (issued by WebBank) is an unsecured credit building card that skips the annual fee and other monthly service fees, which is a rare perk for an unsecured card geared toward credit builders. The Petal 1 “No Annual Fee” Visa shouldn’t be confused with the Petal 1 Rise, which does include some of these extra costs. Some Petal 2 cardholders previously reported unexpected downgrades to cards like the Petal 1 Rise, so it’s important to stay aware of your account terms.

Read our full  Petal 1 “No Annual Fee” Visa Credit Card review . 

Chase Freedom® Student credit card

Best student card for benefits

• what we love

What to know about student credit cards

Student credit cards are a type of credit card specifically for students with little to no credit history. Like traditional credit cards, student cards give you access to a line of credit you can use to make purchases. Often, people with little or no credit history still have feasible chances of approval for a student credit card. Most regular credit cards will recommend at least a good credit score best approval odds, which you may not have if you’re a student just getting started with credit. Also, student cards usually have reward structures that fit well into student spending behaviors, with popular bonus categories including streaming, dining, groceries and entertainment.

Why it’s important to build credit as a student

The earlier you start building credit, the longer your credit history will be. The length of your credit history is a significant factor in your credit score. Building a good credit score early could make it easier for you to: 

• Rent an apartment 
• Get a more rewarding credit card 
• Start a small business

Expert advice on student credit cards

Student credit cards give you a chance to get a head start on building credit, which could help you overcome some financial obstacles. Here are some tips to ensure you use your student card to its fullest potential. 

How to choose a student credit card

Make sure you qualify.

Issuers typically reserve student credit cards for college students with little or no credit history.

Know your credit score

Knowing your credit score can help you avoid applying for a credit card you have little chance of qualifying for or a card you’re overqualified for and isn’t worth your time.

Look for credit-building tools

The best student cards have built-in features that help you build a good credit score. Features like reporting to all three credit bureaus, offering credit line increases and providing free credit score reports are all helpful tools you should look for.

Prioritize features that matter to you

Most student cards have student-centric perks like purchase protection or the chance to earn cash back on your purchases.

Consider your interest in studying abroad

If you plan to study or travel abroad, you might need a card that doesn’t charge foreign transaction fees. You should also check if merchants will accept the card at your destination since only some card networks are widely accepted.

Be aware of all fees

Credit cards come with their own set of credit card fees . It may be impossible to avoid all of them, but picking the right card and using it responsibly can help you avoid many of these charges.

Explore cards with upgrade potential

Many student cards have a “graduated” version that you could upgrade to once you’re ready to move beyond student credit cards. If you upgrade with the same issuer , you could skip putting in a new application and a hit to your score.

Here’s how a Bankrate expert chose her student card

Bankrate editor Ashley Parks was reluctant to apply for her first credit card. But looking back, she’s grateful she got a student card and started building credit early — and she’s still reaping the benefits today. 

“I didn’t put a lot of thought into choosing my student card when I was younger because I was afraid of credit cards and lacked a lot of knowledge about these products at the time. As a result, I missed out on some perks, but I still see some benefits from building my credit early. Thanks to my long credit history and track record of responsible habits, it's been easier to apply and get approved for credit cards with higher credit limits and better reward rates. I also inadvertently picked a student card with a graduated version. I easily made the transition from the Discover it® Student Chrome to the Discover it® Chrome , which came with better reward rates and a much higher credit limit. I’m glad I faced my fears and got my student card. I’m still seeing the choice pay off seven years later.” — Ashley Parks, editor, Bankrate

Still deciding if a student credit card is right for you? Check out our Credit Card Spender Type Tool to get personalized credit card recommendations based on your credit score, spending habits and daily needs.

Tips on maximizing your student credit card

Using your student credit card to its full potential could set you up for a successful relationship with your credit. Pair responsible habits with some of the following tips and you’ll be off to a great start on your credit building journey. 

Keep credit utilization ratio low

Since students typically have less experience with credit cards, issuers tend to offer low starting credit limits on student cards. A low credit limit could make it easy to use a lot of your available credit and hurt your credit score. A budget will help you track how much you’re spending on your credit card so you can keep your credit utilization ratio — the second-largest influence on your credit score — below 30 percent.

Pay on time and in full whenever possible

Remember that you’re borrowing money on a credit card and you must pay that money back. Only spend what you can afford to pay back immediately, and always aim to pay your balance in full every month. Paying your bill on time and in full is the best way to avoid interest charges. If you have to carry a balance, try to make payments more than the minimum due to reduce added interest costs. Your payment history also has the greatest influence on your credit score, so  paying your credit card bill  on time as a student affects how your credit profile looks in the future.

Focus on building credit, not rewards

While many student cards earn rewards on your spending, earning rewards shouldn’t be your priority. Managing your credit responsibly over time is what ultimately leads to a more rewarding financial future. By focusing on responsible credit habits first, you can reap the benefits of the best rewards rates, interest rates and other perks as you go.

Don’t close your card immediately

The length of your credit history is another big contributor to your credit score.  Closing your card  could reduce your credit age and limit the benefits of building credit early. Even if you don’t use your old student card anymore, keeping the account open could be a helpful way to keep your score in a good place. You would also benefit from the extra available credit the card would provide, further boosting your score by helping your credit utilization ratio.

Bankrate Insight

Using something other than your credit card to pay for tuition is best, but some schools will allow you to do it. However, your institution may charge a convenience fee , and interest will stack up quickly if you wait to pay it off.

Our data: Do students want flat-rate or bonus-category rewards?

Students can have busy schedules that make strategizing and maximizing credit card rewards feel like another extracurricular. We analyzed our proprietary data to determine if Bankrate users who viewed student credit cards on our site in 2023 wanted flat-rate or rotating-category student credit cards. Are students more drawn to cards that earn boosted cash back rates in certain categories like the Discover it® Student Cash Back or do they want straightforward cash back like what the Capital One Quicksilver Student card offers?

We looked at the cards that the most users viewed on our site in 2023 and found that the top three most popular student cards — Chase Freedom® Student credit card, Bank of America Unlimited Cash Rewards credit card for Students and the Bank of America Travel Rewards credit card for Students — all have flat-rate rewards .

And the Capital One SavorOne Student Cash Rewards Credit Card, which users were 16.3 percent less likely to be interested in , has two bonus categories to take advantage of — but this may make it less appealing to busy students.

How we assess the best cards for students

When evaluating the best cards for students, we consider a mix of factors, including how cards score in our proprietary card rating system and whether cards offer features that make it easy to build credit history while minimizing costs.

We analyzed over 50 of the most popular cards designed for students and rated each based on its cost, APR, credit-building features and more to determine whether it belonged in this month’s roundup.

Here are some of the key factors that we considered: 

Relatively low cost and APR

A credit-building card’s cost has a large influence on its overall score and our decision to include it in our best cards list. This is because cards in this category tend to be much pricier than traditional credit cards designed for people with a good or better credit score. 

We compare a card’s total cost, including any annual fees, account activation fees, monthly fees and more against the total cost of other cards in the credit-building category and assign each card a score based on its affordability. We also factor rewards-earning potential into our assessment of a credit-building card’s total cost, subtracting expected earnings from the sum of its fees. 

To get a sense of a credit-building card’s rewards-earning potential, we estimate its average annual rewards rate and average annual earnings based on the most popular spending categories (as covered in the latest Bureau of Labor Statistics consumer spending report ). 

However, we use a slightly lower spending assumption ($300 per month or $3,600 per year) to estimate average earnings, assuming credit-builders will start out with a lower credit limit, will want to keep credit utilization low and will focus primarily on small purchases they can easily pay off.

While low-cost credit-building cards will always be at a major advantage in our scoring system and will likely earn a higher spot on our best cards list, no-annual-fee credit-building cards can be hard to come by, especially if you’re looking for an unsecured card. With this in mind, we may include unsecured cards with high fees in our list if they offer other benefits for credit-builders, like a high starting credit limit or useful perks.

A card’s APR is also a major factor in its credit-building score. Each card’s average APR is compared against the average APR of other cards in the category, and the cards with lower-than-average APRs receive a higher rating. 

Given the many costs students face — from textbooks to laptops — the presence of an introductory APR on purchases or balance transfers also plays a role in a student card’s score and its inclusion on our list. 

Though high APRs are hard to avoid when you’re just starting out or working on your score, credit-builders and students should strive for as low an APR as possible since they’re likely to either be new to managing cards or trying to establish better financial habits and avoid falling into debt.

Solid credit-building features

Along with a credit-building card’s cost, we consider how easy the card makes it to build credit. To assess this, we evaluate its credit limit potential and minimum deposit requirement.

Unsecured cards with a high starting credit limit and secured cards that let you put down a large deposit and get a matching high credit limit will score the highest according to our “Ease of building credit” rubric and are more likely to appear on our list. 

This is because a high credit limit can make it much easier to keep your credit utilization low, a primary credit-building factor that makes up 30 percent of your FICO credit score. 

Secured cards have a slight advantage in this category since the maximum credit limit on a secured card tends to be much higher than the typical starting credit limit on an unsecured card that’s available with a bad or fair credit score. However, unsecured credit-building cards have the upper hand in another key aspect of building credit: accessibility. 

Cards that carry no or a low deposit requirement can also receive a high score according to our “Ease of building credit” rubric since these cards offer a lower barrier to entry than secured cards that require you to put up hundreds of dollars in an upfront deposit. 

Indeed, some users may prefer to pay a non-refundable $50 annual fee while they work on their credit score than tie up hundreds in a refundable security deposit.

Relevant perks

We evaluate a student or credit-building card’s benefits based on how useful they are for someone looking to build a positive credit history or save money on everyday spending. 

We consider the inclusion of a rewards program, student-centric perks, access to your credit score or a credit monitoring service of prime importance, along with the ability to prequalify for the card with only a soft credit pull and a clear path to increase your credit limit or graduate to an unsecured or full-fledged rewards card.

Cards that include these benefits are likely to score higher according to our credit-building card and student card scoring rubrics and are more likely to earn a place in our list.

Frequently asked questions about student credit cards

Is it easy to get a student credit card.

Student credit cards tend to have lighter credit application requirements than other unsecured credit cards, so people with little to no credit history tend to have better approval odds. Remember that you’ll often have to prove school enrollment to apply. If you’re having trouble getting a student credit card, a secured card or a credit card for bad credit could be more accessible options. 

When should you get a student credit card?

You should get a credit card when you believe you can maintain it responsibly. However, the Credit CARD Act of 2009 restricts credit card issuers from granting new accounts to people younger than 21. You could get a credit card earlier if you can demonstrate that you have a source of independent income or have a cosigner, but it depends on the issuer.

What is the best credit card for a college student trying to build credit?

The Capital One Quicksilver Student Cash Rewards credit card might be best for college students trying to build credit. Since you’ll earn rewards at a competitive flat rate, you won’t need to worry about keeping up with enrollment dates and rotating categories, which could be a tedious task on a student schedule. After six months of responsible credit use, Capital One will consider you for a credit line increase, adding even more incentive to demonstrate responsible credit habits.

Can international students apply for a credit card?

Yes, you can apply for a credit card as an international student , though you’ll still need to meet some requirements. Applying for a credit card as an international student can be an intimidating process, but some card issuers do allow students to apply with an Individual Taxpayer Identification Number (ITIN) instead of an Social Security number (SSN).

What should you do with a student card after you graduate?

You can still use your student credit card after you graduate . However, if you’ve used your credit responsibly over the years and have a decent credit score, you might consider applying for a more traditional credit card with better rewards rates on more spending categories. If you want to maintain your credit history, consider keeping your student card open or graduating to the more rewarding version of the card.

Do you need a job to get a student credit card?

No, you are not required to have a job to get a credit card, though most issuers will request some proof of income to pay your credit card bill.

What are some alternatives to student credit cards?

Whether you need help gaining access to credit or want to avoid dealing with the disadvantages of using a credit card , you have several alternative options that can help. Some of the most common alternatives to student credit cards are: 

• Secured credit cards 
• Credit-builder loans
• Alternative credit scoring models like UltraFICO and Experian Boost
• Becoming an authorized user

Article sources

We use primary sources to support our work. Bankrate’s authors, reporters and editors are subject-matter experts who thoroughly fact-check editorial content to ensure the information you’re reading is accurate, timely and relevant.

“ Taxpayer Identification numbers (TIN) ” Internal Revenue Service (IRS). Accessed on March 8, 2024.

“ Credit scoring alternatives for those without credit ” U.S. Government Accountability Office. Accessed on March 8, 2024.

* See the online application for details about terms and conditions for these offers. Every reasonable effort has been made to maintain accurate information. However all credit card information is presented without warranty. After you click on the offer you desire you will be directed to the credit card issuer's web site where you can review the terms and conditions for your selected offer.

Editorial Disclosure: Opinions expressed here are the author’s alone, and have not been reviewed or approved by any advertiser. The information, including card rates and fees, is accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information.

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The best credit cards for college students

Editor's Note

Building credit as a college student is an essential step to a life of financial responsibility, helping you form a solid relationship with the money (and plastic!) in your wallet. Opening up your own line of credit as a young adult can be daunting, but the short- and long-term benefits are undeniable.

In the not-so-distant future, having a line of credit attached to your name will be important when you want to apply for a car loan, a mortgage, or even getting approved for utilities at your first apartment.

From valuable cash-back credit cards perfect for a student with an existing (but limited) credit history to student credit cards designed specifically for first-timers with no credit at all, here you'll find the perfect mix of no-annual-fee credit cards designed specifically to fit your student needs.

Best credit cards for college students

• Chase Freedom Unlimited : Best for students with established credit.
• Capital One SavorOne Student Cash Rewards Credit Card : Best for most college students.
• Capital One Quicksilver Student Cash Rewards Credit Card : Best for studying abroad.
• Citi Double Cash® Card : Best for flat-rate cash-back (see rates and fees ).
• Discover it Student Cash Back : Best for students with good grades.

The information for the Discover it Student Cash Back has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Comparing the best credit cards for students

Chase freedom unlimited.

Sign-up bonus : Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year), worth up to $300 cash back.

Rewards rates: 5% cash back on travel purchased through Chase Ultimate Rewards; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service; and 1.5% on all other purchases.

Why we like it : Not only is the Chase Freedom Unlimited a great credit card for students, but it's also a valuable card for anyone looking to earn Ultimate Rewards points. The flat 1.5% cash-back rate on the card is straightforward, yet it can also provide even more value when you pair the Freedom Unlimited with a more premium Chase card in the future — such as the Chase Sapphire Preferred Card or Chase Sapphire Reserve . That's because you can combine your points into a single account , increasing their value for travel rewards through the Ultimate Rewards portal and enabling your earnings to be transferred to over a dozen travel partners, including United and Hyatt .

We've specifically chosen the Freedom Unlimited for students who may already have an existing line of credit thanks to their own personal card or by being authorized users on a parent's credit card . While the card may have tougher approval odds for a young adult compared to many others on this list, the Freedom Unlimited is a viable option for applicants with good to excellent credit scores, even with a limited credit history. This is a terrific starter card for students when you factor in the cash-back rewards that never expire, plus a bevy of potential future redemption options .

Annual fee: $0.

Read our full review of the Chase Freedom Unlimited.

Official application link: Chase Freedom Unlimited

Capital One SavorOne Student Cash Rewards Credit Card

Sign-up bonus: Earn $50 when you spend $100 in the first three months.

Rewards rates: Earn 3% cash back on dining, entertainment, popular streaming services, and grocery stores (excluding superstores like Walmart® and Target®) and 1% on everything else.

Why we like it: The Capital One SavorOne Student offers high potential if you're a college student with an active lifestyle. Offering a generous 3% on four popular spend categories, you'll earn tons of cash back in no time. The SavorOne Student offers no foreign transaction fees and will be the easiest for approval for students with no existing credit history. Plus, it's an excellent starter card for students who want to build a relationship with Capital One and keep a high-earning, no-annual-fee credit card in their wallet for years to come.

Read more about why we recommend the SavorOne Student .

Official application link: Capital One SavorOne Student Cash Rewards Credit Card

Capital One Quicksilver Student Cash Rewards Credit Card

Rewards rates: Earn an unlimited 1.5% cash back on all purchases.

Why we like it: The Capital One Quicksilver Student is a no-frills cash-back card with a simple rewards system. You can expect no annual fee, no foreign transaction fees and a solid 1.5% cash-back on every purchase. If you're the type of student who values simplicity and wants to ensure that you're earning rewards on all your purchases (rather than in certain spending categories), the Quicksilver Student may be the better choice for you.

It's an especially great card for studying abroad since you're avoiding foreign transaction fees and earning 1.5% cash-back on everything — whether it's a train ticket to a new country or souvenirs at a gift shop.

Read more about the Quicksilver Student .

Official application link: Capital One Quicksilver Student Cash Rewards Credit Card

Citi Double Cash® Card

Sign-up bonus : Earn $200 cash back after you spend $1,500 on purchases in the first six months of account opening.

Rewards rates : Earn 2% cash back on every purchase — 1% when you buy and 1% when you pay your bill. Plus, for a limited time, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/24.

Why we like it: If you're looking to earn a solid cash-back return on everyday purchases beyond your first year, you may want to consider the Citi Double Cash Card . As its name suggests, the card earns 2% cash back on all purchases — 1% when you make a purchase and another 1% when you pay your statement. While other mid-tier credit cards may have more valuable perks, 2% back on everything leads the pack in terms of flat-rate rewards for cash-back credit cards .

Like the Freedom Unlimited, opening the Double Cash card can ultimately unlock even more valuable rewards. You can open the Citi Premier® Card (see rates and fees ) down the line and effectively convert your Double Cash earnings into fully-transferable Citi ThankYou points — which TPG values at 1.8 cents apiece.

The downsides are that the Citi Double Cash Card carries a 3% foreign transaction fee, so you won't want to use it outside of the U.S. And as with the Freedom Unlimited, this card is harder to gain approval for than the student-centric cards on this list.

Read our full review of the Citi Double Cash.

Official application link: Citi Double Cash Card

Discover it Student Cash Back

Sign-up bonus: Cardholders get an unlimited dollar-for-dollar match of all the cash back you've earned at the end of your first year.

Rewards rates: Enroll each quarter to earn 5% cash back on your first $1,500 in purchases in rotating quarterly bonus categories (then 1%) and 1% cash back on all other purchases.

Why we like it: The Discover it Student Cash Back offers some of the highest returns for students — with 5% cash back on the first $1,500 in purchases from rotating categories each quarter . You'll have to activate this bonus each quarter, but you can frequently find useful merchants like gas stations, restaurants or Amazon.com. And instead of a sign-up bonus, cardholders will enjoy a cash-back match of all of the earnings from the end of your first year.

In addition, you'll earn a $20 statement credit each school year that you earn a 3.0 GPA or higher for up to the next five years — thus rewarding you not only for good credit habits but for good grades.

If you plan on studying abroad, keep in mind that Discover has a lower acceptance rate at merchants than Visa and Mastercard do.

Research methodology

When determining the best credit cards for college students, we looked at multiple factors most relevant to young adults. We analyzed factors such as ease of approval, student-focused rewards structures and cards without foreign transaction fees.

We also focused exclusively on credit cards with no annual fee. While many great rewards credit cards on the market have an outsized value that more than make up for an annual fee, it's always a good practice to start slow with a no-annual-fee card early on in your credit journey.

Related: Capital One's two new credit cards are the best for college students

How do student credit cards work?

For the most part, student credit cards work the same way that most credit cards work. You're provided with a credit limit representing the maximum amount of money you can borrow on that specific card for that month. You must then pay back the amount you borrowed by the due date when you receive your credit card statement to avoid incurring interest. For this reason, it's important to remember that credit cards are not free money.

While managing your own finances and having a credit card in your name are big steps toward being an independent adult, make sure to check your account frequently and keep track of your spending to help get your FICO score off on the right foot.

Related : TPG's 10 commandments for credit cards

Building credit as a student

Before building credit as a student, get familiar with the world of credit cards and rewards . Begin by checking your credit reports for free , and make sure to find a card that fits your score, needs and spending habits. Understand credit card lingo, including the following terms:

• Annual fee: Although student credit cards usually do not have an annual fee, many premium rewards credit cards require an annual payment for maintaining a card in your name.
• Credit limit: After getting approved for a credit card, you will receive a credit limit. This is the maximum amount of money that the issuer will extend to you on this specific credit line during that payment cycle. However, try to use as little of that limit as possible since the percentage of your limit you use — called credit utilization rate — plays a major role in your credit score.
• Rewards: Many credit cards offer rewards in the form of cash-back, points or airline miles. There are many redemption options that range from using your rewards for a statement credit on your account to elaborate travel redemptions through transfer partners. You can learn all about how to get started in the world of rewards with our beginner's guide to points and miles .
• Foreign transaction fees: Some credit cards incur fees when you use them outside the United States. These fees will generally cancel out any rewards you earn on the purchase, so be sure to swipe cards that waive foreign transaction fees when you travel abroad.

Check out our comprehensive list of important vocabulary terms in the credit and travel industries at the TPG glossary .

Tips for parents about student credit cards

Helping your teen get their first credit card can be a nerve-wracking but worthwhile process. Teaching your children how to utilize credit responsibly is a valuable skill for their financial lives — and your peace of mind.

If you still aren't comfortable with your student opening their own line of credit just yet, you can always add them to your personal account as an authorized user . This can usually be done directly through the credit card issuer, online or over the phone. Even though you'll be the sole debtor and responsible for paying the actual statement balance each month, there are significant benefits to adding your child to your account .

Most importantly, as long as the account is managed properly, your children will likely get boosts to their personal credit scores, and it'll add more depth to their credit histories. If your issuer reports this information to their respective credit bureaus , then adding your children to your account could give them FICO advantages when they're ready to apply for a personal card in their (respective) name.

Related: Will authorized user status help you build credit?

FAQs about student credit cards

Do i need a job to qualify for a student credit card.

While most credit card applications require you to input your annual income, you do not need a formal job title to be considered for most student credit cards. Many part-time jobs, internships and personal freelance work are acceptable as a form of income when applying for a student credit card. If you have no income, consider opening a secured credit card — which requires you to provide an up-front cash deposit before using the card — or have a parent or guardian add you as an authorized user to their account.

How old do I need to be to qualify for a student credit card?

As long as you are a student in a two- or four-year college and are 18 years or older, a U.S. citizen, and have some type of documentable income, then you are the ideal candidate for a student credit card. If you're under the age of 21 and can't prove that you are eligible for a credit card, then you may have the opportunity to get a co-signer (usually a parent or guardian) who can take responsibility for your payments should you fail to meet them that month.

However, keep in mind that this could affect both the credit score of the student and the score of the co-signer on the account, as even one missed payment can significantly impact your credit score.

What do I do if I get denied for a credit card?

Getting denied for a credit card can be disheartening, but it certainly shouldn't be the end of your credit journey. Issuers technically have 30 days to respond to a credit card application. Still, they'll often respond in a few weeks by mailing an official notice of your denial with a reason (or reasons) why you were not approved. The primary reason for students will likely be an insufficient credit history, especially if you apply for a credit card that's not specifically marketed with students in mind. However, there may be other common reasons that young people may be denied, such as a mismatch between the information on your application and the information the credit bureau has on file.

Related: How to maximize your chances of being approved for a credit card

If you're denied for a credit card, we recommend that you call the credit card issuer and see if you can speak to a representative about their decision. Banks have a reconsideration line where customers may challenge their decision on a credit card application.

Before calling, ensure your correct identification and income information are on hand to field any questions the representative might have. The worst that can happen is that the issuer's decision is not overturned. In that case, your credit score will likely fall by only a few points due to the hard inquiry on your credit , but these are temporary drops, and scores typically rebound quickly.

Bottom line

Students have many choices when it comes to picking a first credit card. While the best card for you will ultimately depend on what type of rewards you want, each card on our list provides substantial rewards at no annual cost. Many assist with promoting positive financial habits, and most are easier to get approved for than other rewards cards .

When starting your credit journey, remember that the length of your credit history (which includes the average age of your accounts) is one factor in your FICO score . So while you'll likely graduate to a more premium card in the next few years, you'll still want to keep that first card open for the foreseeable future.

If you have an existing credit history, the Chase Freedom Unlimited is the perfect card to start building a relationship with a premium issuer. And if you're a complete novice to the credit game, either the Capital One SavorOne Student or Capital One Quicksilver Student would be an excellent choice for students, as neither one imposes foreign transaction fees, and they both deliver a solid cash-back return on your purchases.

Official application link: Chase Freedom Unlimited Official application link: Capital One SavorOne Student Official application link: Capital One Quicksilver Student Official application link: Citi Double Cash

Additional reporting by Ryan Wilcox, Stella Shon and Christina Ly.

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Bank of America Travel Rewards for Students review: A no-annual-fee travel credit card that rewards everyday buys

Select reviews the bank of america travel rewards for students credit card..

The Deserve® EDU Mastercard for Students is no longer available for new applicants.

The offer mentioned below for the Bank of America® Travel Rewards for Students is no longer available.

The best travel credit cards typically offer rewards programs, credits and luxury perks that can help offset the cost of your next adventure. Most of these, however, require cardholders to pay an annual fee, and for students that can be a big unnecessary expense.

For students who plan on studying abroad, traveling during breaks or vacationing somewhere over the summer holiday, consider a travel credit cards with no annual fee . While they may not come with all the bells and whistles of the more luxe travel cards, they still offer cash back, points or miles that can make your future trips more affordable.

There's even a no-annual-fee travel credit card designed specifically for students: the Bank of America® Travel Rewards for Students. Anyone who's 18 or older and enrolled in school (college, vocational or trade school) can qualify.

Cardholders can earn bonus rewards on their everyday spending (not just on their travel expenses), plus a welcome bonus worth up to a $250 statement credit when redeemed toward travel purchases. That plane ticket home to mom and dad just got way less expensive.

Below,  Select  breaks down the rewards, benefits and fees of the Bank of America Travel Rewards for Students, so you can decide if the card is worthwhile.

Bank of America Travel Rewards for Students review

Additional benefits, bottom line, bank of america travel rewards for students rewards.

Cardholders of the Bank of America Travel Rewards for Students earn an unlimited 1.5X points per $1 spent on all their purchases. There is no limit on the points you can earn and points do not expire.

This credit card also offers students a strong welcome bonus of 25,000 bonus points after spending at least $1,000 in purchases in the first 90 days from account opening. This bonus can be redeemed for a $250 statement credit toward travel purchases. Use it to offset the cost of a flight home, rental car or hotel stay on summer break.

While a $1,000 spending requirement can seem like a big ask, if you use the card during back-to-school shopping season, or when you need to buy a big-ticket item, like a new laptop or textbooks, it can be easier to hit that limit.

Cardholders can redeem their rewards at any time and at any amount, including when shopping on Amazon.

Bank of America offers a handy  rewards calculator  so you can make sure you're maximizing how you redeem your rewards.

With the Bank of America Travel Rewards for Students card, users can take advantage of email or text alerts to stay on top of their balances and due dates. They can also opt in to access their FICO ®  Score , which is updated monthly for free within the Bank of America Mobile Banking app or in Online Banking .

FICO credit scores are used in over 90% of U.S. lending decisions, so it's important to know yours as you prepare for life post-college . The higher your credit score, the better approval odds you'll have for renting your first apartment and scoring the best credit cards as you grow older.

When credit cardholders check their credit score through Bank of America, they will also see the key factors that are impacting their score, plus will be able to track their recent scores month to month and compare them to national averages.

The Bank of America Travel Rewards for Students has no annual fee.

There is a 0% introductory APR for purchases for the first 15 billing cycles (after, it's 15.49% to 25.49% variable APR). A full year of no interest gives you more time to pay off new purchases before incurring interest charges. However, we recommend you pay off your credit card balance on time and in full each month to build good credit and avoid using too much of your credit limit.

The card's promotional 0% APR does not apply to balance transfers. The balance transfer fee is either $10 or 3%, whichever is greater.

Travelers going overseas can take advantage of  no foreign transaction fees , which is a huge plus for students studying abroad.

The Bank of America Travel Rewards for Students card has a good welcome bonus and an easy way to earn rewards on your everyday spending that you can then redeem to help cover the cost of a well-deserved break or a flight home. Students look to study abroad will also benefit from no foreign transactions fees.

If you are looking for other perks from a student credit card beyond just travel, consider the Discover it® Student Cash Back , which has a good cash-back program, the Discover it® Student Chrome for rewards on gas station and restaurant purchases or the Citi Rewards+℠ Student Card for making small purchases and shopping at supermarkets. International students with no credit history should look at the Deserve® EDU Mastercard for Students (no longer available to new applicants), which doesn't require you to be a U.S. citizen to apply. ( The Citi Rewards+℠ Student Card is no longer available for new applications).

Not a student? Opt for the standard Bank of America® Travel Rewards credit card , which offers the same rewards as its student card: Earn an unlimited 1.5X points for every $1 spent on all purchases.

For rates and fees of the Discover it® Student Cash Back, click here .

For rates and fees of the Discover it® Student Chrome, click here .

Information about the Deserve® EDU Mastercard for Students , Bank of America® Travel Rewards credit card, Bank of America® Travel Rewards for Students, Citi Rewards+℠ Student Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication.

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Credit Cards for Students

Credit Cards for students can help build a successful financial future when handled responsibly.

Bank of America® credit cards for students are designed to help students build credit and assist in establishing good credit habits that can be used to create a foundation for a successful financial future. From travel and cash rewards to a lower interest rate, we have credit cards for students with a variety of features. Learn more with our comparison tool and apply online for a Bank of America® credit card for students today.

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Bank of America ® Customized Cash Rewards

$200 online cash rewards bonus offer and 3% cash back in the category of your choice.

No annual fee †

Show More Show Less Bank of America ® Customized Cash Rewards credit card

• 3% cash back in the category of your choice, automatic 2% cash back at grocery stores and wholesale clubs (on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter) and unlimited 1% cash back on all other purchases Calculate rewards
• Choose which category you want to earn 3% cash back in: gas and EV charging stations ; online shopping, including cable, internet, phone plans and streaming ; dining; travel; drug stores and pharmacies; or home improvement and furnishings. To change your choice category for future purchases, you must go to Online Banking, or use the Mobile Banking app. You can change it once each calendar month, or make no change and it stays the same .
• 0% † Intro APR for your first 15 billing cycles for purchases, and for any balance transfers made within the first 60 days of opening your account. After the intro APR offer ends, a Variable APR that's currently 18.24% to 28.24% will apply. 3% † Intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4% .
• Bank of America Preferred Rewards ® members earn 25%-75% more cash back on every purchase. That means the 3% choice category could earn 3.75% - 5.25% and the 2% at grocery stores and wholesale clubs could earn 2.50% - 3.50% , for the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, and the 1% for all other purchases could earn 1.25% - 1.75% . Not enrolled? Learn more about Preferred Rewards Cash Rewards .
• This online only offer may not be available if you leave this page, if you visit a Bank of America financial center or call the bank. You can take advantage of this offer when you apply now.

† Terms & Conditions  for Bank of America ® Customized Cash Rewards credit card

Bank of America ® Unlimited Cash Rewards

$200 online cash rewards bonus offer, show more show less bank of america ® unlimited cash rewards credit card.

• Earn unlimited 1.5% cash back on all purchases Calculate rewards
• No limit to the amount of cash back you can earn and cash rewards don’t expire as long as your account remains open
• 0% † Intro APR for your first 15 billing cycles for purchases, and for any balance transfers made within the first 60 days of opening your account. After that, a Variable APR that's currently 18.24% to 28.24% will apply. 3% † Intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4% .
• Bank of America Preferred Rewards ® members earn 25%-75% more cash back on every purchase. That means you could earn 1.87% - 2.62% cash back on every purchase. Learn More About Preferred Rewards .

† Terms & Conditions  for Bank of America ® Unlimited Cash Rewards credit card

BankAmericard ®

Save on interest, show more show less bankamericard ® credit card.

• 0% Intro APR † for 18 billing cycles for purchases, and for any balance transfers made in the first 60 days of opening your account. After the intro APR offer ends, a Variable APR that's currently 16.24% - 26.24% will apply. 3% † Intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4% .
• No Penalty APR. Paying late won't automatically raise your interest rate (APR). Other account pricing and terms apply † .
• Access your FICO ® Score for free within Online Banking or your Mobile Banking app.

† Terms & Conditions  for BankAmericard ® credit card

Bank of America ® Travel Rewards

25,000 online bonus points offer (a $250 value) and no annual fee †.

No annual fee †  and no foreign transaction fees †

Show More Show Less Bank of America ® Travel Rewards credit card

• Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere, every time and no expiration on points as long as your account remains open Calculate rewards
• Use your card to book your trip how and where you want with no blackout dates and pay yourself back with a statement credit towards travel and dining purchases
• Bank of America Preferred Rewards ® members earn 25%-75% more points on every purchase. That means you could earn 1.87 to 2.62 points for every $1 you spend, everywhere, every time. Not enrolled? Learn more about Preferred Rewards Travel Rewards

† Terms & Conditions  for Bank of America ® Travel Rewards credit card

Bank of America ® Premium Rewards ®

60,000 online bonus points offer — a $600 value.

Low $95 annual fee † and no foreign transaction fees †

Show More Show Less Bank of America ® Premium Rewards ® credit card

• Earn unlimited points , that don't expire as long as the account remains open – 2 points for every $1 spent on travel and dining purchases and 1.5 points per $1 on all other purchases . Calculate Rewards Premium Rewards
• Get up to $200 in combined Airline Incidental and TSA PreCheck ® /Global Entry Statement Credits. Plus, access to world class travel benefits: travel and purchase protections, luxury hotel collection and concierge service.
• Redeem for cash back as a deposit into Bank of America ® checking or savings accounts, for credit to eligible Merrill ® accounts including 529 accounts, as a statement credit to your credit card, or for gift cards and purchases at the Bank of America Travel Center
• Bank of America Preferred Rewards ® members earn 25%-75% more points on every purchase. That means you could earn 2.5 to 3.5 points on travel and dining purchases and 1.87 to 2.62 points on all other purchases, for every $1 you spend. Not enrolled? Learn more about Preferred Rewards Premium Rewards

† Terms & Conditions  for Bank of America ® Premium Rewards ® credit card

Bank of America ® Premium Rewards ® Elite

75,000 online bonus points offer — a $750 value.

$550 annual fee † and no foreign transaction fees †

Show More Show Less Bank of America ® Premium Rewards ® Elite credit card

• Earn unlimited 2 points for every $1 spent on travel and dining purchases , and unlimited 1.5 points for every $1 spent on all other purchases . No limit to the points you can earn and points don't expire as long as the account remains open. Calculate Rewards Premium Elite Rewards
• Bank of America Preferred Rewards ® members earn 25%-75% more points on every purchase. That means you could earn 2.5 to 3.5 points on travel and dining purchases and 1.87 to 2.62 points on all other purchases, for every $1 you spend.
• Get up to $550 in combined Airline Incidental, TSA PreCheck ® /Global Entry, and Lifestyle Statement Credits . Plus, a suite of luxury benefits to fit your lifestyle: full-service concierge, airport lounge and experience access, premier hotel amenities, travel and purchase protections.
• You choose how you want to be rewarded . Redeem points for travel, cash back, a statement credit, distinctive experiences or gift cards. Plus, save 20% on airfare when you pay with points through the Bank of America Travel Center.
• This online only offer may not be available if you leave this page, if you visit a Bank of America financial center or call the bank . You can take advantage of this offer when you apply now.

† Terms & Conditions  for Bank of America ® Premium Rewards ® Elite credit card

Bank of America ® Customized Cash Rewards for Students

3% cash back in the category of your choice, show more show less bank of america ® customized cash rewards credit card for students.

• 3% cash back in the category of your choice, automatic 2% cash back at grocery stores and wholesale clubs (on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter) and unlimited 1% cash back on all other purchases. Choose which category you want to earn 3% cash back in: gas and EV charging stations ; online shopping, including cable, internet, phone plans and streaming ; dining; travel; drug stores and pharmacies; or home improvement and furnishings To change your choice category for future purchases, you must go to Online Banking, or use the Mobile Banking app. You can change it once each calendar month, or make no change and it stays the same .
• Online $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening
• When handled responsibly, a credit card can help you build your credit history, which could be helpful when looking for an apartment, a car loan, and even a job. Access your FICO ® Score for free within Online Banking or your Mobile Banking app.

† Terms & Conditions  for Bank of America ® Customized Cash Rewards credit card for Students

Bank of America ® Unlimited Cash Rewards for Students

Start building your financial future while earning unlimited cash back, show more show less bank of america ® unlimited cash rewards credit card for students.

• Earn unlimited 1.5% cash back on all purchases with no limit to the amount of cash back you can earn and cash rewards don't expire as long as your account remains open

† Terms & Conditions  for Bank of America ® Unlimited Cash Rewards credit card for Students

BankAmericard ® for Students

Save on interest, a great choice when you’re just starting out, show more show less bankamericard ® credit card for students.

• Your card comes with our $0 Liability Guarantee and chip technology for additional security when used at chip-enabled terminals

† Terms & Conditions  for BankAmericard ® Credit Card for Students

Bank of America ® Travel Rewards for Students

Start building your financial future.

No annual fee † and no foreign transaction fees †

Show More Show Less Bank of America ® Travel Rewards Credit Card for Students

• Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere, every time and no expiration on points as long as your account remains open. Use your card to book your trip how and where you want with no blackout dates and pay yourself back with a statement credit towards travel and dining purchases.
• 25,000 online bonus points after making at least $1,000 in purchases in the first 90 days of your account opening

† Terms & Conditions  for Bank of America ® Travel Rewards Credit Card for Students

Bank of America ® Customized Cash Rewards Secured

Help build your credit while earning 3% cash back in the category of your choice, show more show less bank of america ® customized cash rewards secured credit card.

• 3% cash back in the category of your choice, automatic 2% cash back at grocery stores and wholesale clubs (on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter) and unlimited 1% cash back on all other purchases. Choose which category you want to earn 3% cash back in: gas and EV charging stations ; online shopping, including cable, internet, phone plans and streaming ; dining; travel; drug stores and pharmacies; or home improvement and furnishings. To change your choice category for future purchases, you must go to Online Banking, or use the Mobile Banking app. You can change it once each calendar month, or make no change and it stays the same.
• Open your account with a security deposit ($200-$5,000) . Upon credit approval your required deposit is used, in combination with your income and your ability to pay, to help establish your credit line. We'll periodically review your account and, based on your overall credit history (including your account and overall relationship with us, and other credit cards and loans), you may qualify to have your security deposit returned. Not all customers will qualify.
• Build up your credit history – use this card responsibly and over time it could help you improve your credit score.
• Your financial health. Our Priority. Bank of America – Outstanding Customer Satisfaction with Financial Health Support – Banking & Payments, 2 years in a row
• Secured card products are not eligible for a new account bonus offer, like a cash rewards bonus offer, and introductory APRs are not available.

† Terms & Conditions  for Bank of America ® Customized Cash Rewards secured credit card

Bank of America ® Unlimited Cash Rewards Secured

Help strengthen or build your credit and earn unlimited cash back, show more show less bank of america ® unlimited cash rewards secured credit card.

• Build up your credit history — use this card responsibly and over time it could help you improve your credit score

† Terms & Conditions  for Bank of America ® Unlimited Cash Rewards secured credit card

BankAmericard ® Secured

Help establish, strengthen - or even rebuild your credit with a card that's simple and convenient, show more show less bankamericard ® secured credit card.

• Open your account with a security deposit ($200-$5,000). Upon credit approval your required deposit is used, in combination with your income and your ability to pay, to help establish your credit line.
• We'll periodically review your account and, based on your overall credit history (including your account and overall relationship with us, and other credit cards and loans), you may qualify to have your security deposit returned. Not all customers will qualify.
• Secured card products are not eligible for a new account bonus offer, like a statement credit, and introductory APRs are not available.

† Terms & Conditions  for BankAmericard ® secured credit card

Bank of America ® Travel Rewards Secured

Help strengthen or build your credit and earn unlimited points, show more show less bank of america ® travel rewards visa ® secured credit card.

• Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere, every time and no expiration on points as long as your account remains open. Use your card to book your trip how and where you want with no black out dates and pay yourself back with a statement credit towards travel and dining purchases.
• Open your account with a security deposit ($200-$5,000). Upon credit approval your required deposit is used, in combination with your income and your ability to pay, to help establish your credit line. We'll periodically review your account and, based on your overall credit history (including your account and overall relationship with us, and other credit cards and loans), you may qualify to have your security deposit returned. Not all customers will qualify.
• Build up your credit history — use this card responsibly and over time it could help you improve your credit score.
• Secured card products are not eligible for a new account bonus offer, like a bonus points offer, and introductory APRs are not available.

† Terms & Conditions  for Bank of America ® Travel Rewards Visa ® secured credit card

Alaska Airlines Visa Signature ®

Limited time online offer: 70,000 bonus miles plus alaska's famous companion fare™, show more show less alaska airlines visa signature ® credit card.

• 70,000 Bonus Miles plus Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) after you make $3,000 or more in purchases within the first 90 days of your account opening. Plus, celebrate your account anniversary with Alaska's Famous Companion Fare™ every year that you spend at least $6,000 on purchases with your card.
• Free checked bag for any cardholder who purchases airfare with their card, and up to 6 additional guests traveling on the same reservation. Plus you'll enjoy priority boarding when you pay for your flight with your card , so you can get to your seat quicker.
• Earn unlimited 3 miles for every $1 spent on eligible Alaska Airlines purchases. Earn unlimited 2 miles for every $1 spent on eligible gas, EV charging station, cable, streaming services and local transit purchases including rideshare. Earn unlimited 1 mile per $1 spent on all other purchases. Plus, earn a 10% rewards bonus on all miles earned on card purchases if you have an eligible Bank of America ® account.
• Flexibility with no blackout dates on Alaska Airlines flights when booking with miles or a companion fare.
• This online only offer may not be available elsewhere if you leave this page. You can take advantage of this offer when you apply now.

† Terms & Conditions  for Alaska Airlines Visa Signature ® Credit Card

Susan G. Komen ® Customized Cash Rewards credit card

Help fight breast cancer and get a $200 online cash rewards bonus offer, show more show less susan g. komen ® customized cash rewards credit card.

• 3% cash back in the category of your choice, 2% cash back at grocery stores and wholesale clubs (on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter) and 1% cash back on all other purchases Calculate rewards Cash Rewards
• Bank of America Preferred Rewards ® members earn 25%-75% more cash back on every purchase. That means the 3% choice category could earn 3.75% - 5.25% and the 2% at grocery stores and wholesale clubs could earn 2.50% - 3.50% , for the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, and the 1% for all other purchases could earn 1.25% - 1.75% . Not enrolled? Learn more about Preferred Rewards

† Terms & Conditions  for Susan G. Komen ® Customized Cash Rewards credit card

Free Spirit ® Travel More World Elite Mastercard ®

Online offer: 50,000 bonus points + a $100 companion flight voucher.

$0 introductory annual fee for the first year. After that it's just $79 †

Show More Show Less Free Spirit ® Travel More World Elite Mastercard ®

• Earn 3 points per $1 spent on eligible Spirit purchases, 2 points per $1 spent on eligible dining and grocery store purchases and 1 point per $1 spent on all other purchases
• Earn 50,000 bonus points plus a $100 Companion Flight Voucher after making at least $1,000 in purchases within the first 90 days of account opening
• Receive a $100 Companion Flight Voucher each anniversary after making at least $5,000 in purchases within the prior anniversary year
• No limit to the points you can earn, no points expiration as long as your card account is open, and no redemption fees as a primary cardholder

† Terms & Conditions  for Free Spirit ® Travel More World Elite Mastercard ®

Allways Rewards Visa ®

Online offer: 25,000 bonus points.

Low $59 annual fee † and no foreign transaction fees †

Show More Show Less Allways Rewards Visa ® card

• Winner: Best Airline Credit Card , USA Today's 10Best Readers Choice Awards!
• Online Offer: Earn 25,000 Bonus Points – equal to $250 off a future Allegiant trip when you redeem points, after you make $1,000 or more in purchases within the first 90 days of account opening
• 3 points per $1 on Allegiant purchases, 2 points per $1 on qualifying dining purchases and 1 point per $1 on all other purchases
• No blackout dates, no destination restrictions and no minimum points redemption

† Terms & Conditions  for Allways Rewards Visa ® card

Air France KLM World Elite Mastercard ®

Online offer: 50,000 bonus miles after qualifying purchases.

Low $89 annual fee † and no foreign transaction fees †

Show More Show Less Air France KLM World Elite Mastercard ®

• Online Offer: 50,000 Bonus Miles after you make $2,000 or more in purchases within the first 90 days of your account opening
• 3 Miles per $1 spent directly on Air France, KLM Royal Dutch Airlines and SkyTeam member airlines purchases
• 1.5 Miles per $1 spent on all other purchases
• Get 60 XP upon approval to help advance to the next status for more generous perks

† Terms & Conditions  for Air France KLM World Elite Mastercard ®

Royal Caribbean Visa Signature ®

Online offer: 25,000 bonus points, show more show less royal caribbean visa signature ® credit card.

• Get 25,000 MyCruise ® bonus points after making at least $1,000 in purchases in the first 90 days of your account opening, worth $250 in onboard credit
• Earn 2 MyCruise points for every $1 spent on qualifying purchases with Royal Caribbean® and our sister brand, Celebrity Cruises®
• Earn 1 MyCruise point for every $1 spent on all other purchases
• Redeem your points for onboard credit, stateroom upgrades and cruise vacations on Royal Caribbean ® and our sister brand, Celebrity Cruises ®

† Terms & Conditions  for Royal Caribbean Visa Signature ® Credit Card

Norwegian Cruise Line ® World Mastercard ®

Online offer: 20,000 bonus points, show more show less norwegian cruise line ® world mastercard ®.

• Online Offer: 20,000 bonus points after you make $1,000 or more in purchases in the first 90 days of account opening. That's enough for a $200 onboard credit or $200 off your next Norwegian cruise .
• Earn 3 WorldPoints ® points per $1 spent on Norwegian purchases, 2 WorldPoints points per $1 spent on eligible air and hotel purchases and 1 WorldPoints point per $1 spent on all other purchases
• Redeem points for hundreds of rewards like cash, gift cards, hotels stays, car rentals or Norwegian redemptions
• Bank of America Preferred Rewards ® members earn a 25% - 75% points bonus on every purchase, applied to the base earn of 1 point per $1. Not enrolled? Learn more about Preferred Rewards Travel Rewards

† Terms & Conditions  for Norwegian Cruise Line ® World Mastercard ®

Celebrity Cruises Visa Signature ®

Show more show less celebrity cruises visa signature ® credit card.

• Earn 2 MyCruise ® points for every $1 spent on qualifying purchases with Celebrity Cruises ® and our sister brand, Royal Caribbean ®
• Redeem your points for onboard credit, stateroom upgrades and cruise vacations on Celebrity Cruises ® , and our sister brand, Royal Caribbean ®

† Terms & Conditions  for Celebrity Cruises Visa Signature ® Credit Card

Preferred Rewards makes your credit card even better

When you enroll in the Preferred Rewards program, you can get a 25% — 75% rewards bonus on all eligible Bank of America ® credit cards.

Plus, as a Preferred Rewards member, you enjoy real benefits and rewards on your everyday Bank of America ® banking and Merrill investment accounts. And as your qualifying balances grow, so do your benefits.

Learn more about Preferred Rewards

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Best travel credit cards of April 2024

Fortune Recommends™ has partnered with CardRatings for our coverage of credit card products. Fortune Recommends™ and CardRatings may receive a commission from card issuers.  

Travel credit cards make it possible for you to earn free and discounted travel with your everyday spending. What's more, some of the best travel credit cards also offer valuable perks that elevate your trip experience.

At the same time, each card has its own set of rewards rates, intro bonuses, annual fees and other terms, so take your time picking one that aligns well with your travel and spending habits.

The best travel credit cards of April 2024

• Best premium card: Capital One Venture X Rewards Credit Card

Best flat-rate rewards card: Capital One Venture Rewards Credit Card

• Best mid-range card: Chase Sapphire Preferred ® Card
• Best for lounge access: The Platinum Card® from American Express
• Best for airline loyalists: United Explorer Card
• Best for hotel loyalists: IHG One Rewards Premier Credit Card
• Best $0 annual fee travel card: Bilt Mastercard

Best 0% intro APR card: Capital One VentureOne Rewards Credit Card

• Best for earnings: U.S. Bank Altitude® Connect Visa Signature® Card

Best for fair credit: Credit One Wander

• Best for credit building: Capital One Quicksilver Secured Cash Rewards Credit Card

Best premium card: Capital One Venture X Card

The Venture X packs a lot of travel rewards into a card that costs hundreds of dollars less than its competitors.

Why we like it: The Capital One Venture X Rewards Credit Card offers rich rewards and travel perks, and unlike many other premium travel credit cards, the Venture X doesn't make you jump through many hoops to earn back the cost of its steep annual fee. In addition to a Capital One Travel credit and bonus miles each year, you'll also get complimentary access to a number of airport lounge networks with more than 1,300 locations around the world. 

The card also offers ultimate flexibility when it comes to redeeming your rewards for travel. You can book with miles through Capital One Travel, or if you want more options, you can use your card to pay for travel-related expenses and request a statement credit. If you're feeling ambitious, you can even transfer your rewards to various frequent flyer and hotel rewards programs and potentially get more value from your miles.

The Venture Card puts the power into your hands by earning miles that you can either use against your travel purchases or transfer to travel partners.

Travel rewards can get complicated, which is why the Capital One Venture Rewards Credit Card feels like a breath of fresh air. The card offers a high, flat rewards rate on your everyday spending, so you don't need to keep track of different bonus rewards categories. It also offers extra miles on select travel booked through the Capital One Travel platform.

You can redeem your miles by booking travel through Capital One Travel or by using your card to pay for travel on your own and requesting a statement credit. Alternatively, you can transfer your miles to airline and hotel rewards program partners for more dynamic redemptions. The card also comes with complimentary Hertz Five Star status, which lets you skip the rental counter and get access to a wider selection of vehicles. When you use it to pay the application fee for Global Entry or TSA PreCheck, Capital One will reimburse you.

Best mid-level card: Chase Sapphire Preferred ® Card

The Chase Sapphire Preferred offers both robust earnings on travel and a useful suite of travel protections. Plus, Chase's dozen-plus transfer partners offer flexibility in travel redemptions.

Why we like it: If you're looking for a way to maximize your travel rewards without paying a steep annual fee, look no further than the Chase Sapphire Preferred ® Card . The card offers an impressive welcome bonus and several opportunities to earn bonus points on your everyday spending. Annual perks include a $50 credit toward hotel stays booked through Chase Ultimate Rewards, a 10% points bonus on your spending throughout the year and benefits with partners like Lyft, DoorDash, Instacart, and Peloton.

The card offers flexible redemption options, including cash back, but you'll get 25% more value if you use your points to book travel through Chase. Alternatively, you can transfer your rewards to one of the card issuer's airline or hotel rewards program partners and potentially squeeze more value out of your points. 

Best for lounge access: The Platinum Card® from American Express 

Why we like this card.

The Platinum Card® from American Express charges an annual fee that some will find hard to stomach. But if you're a frequent flyer, it may well become your favorite travel companion. The card offers access to more airport lounge networks than any other credit card. At larger airports, you may even have your pick among several lounge options. 

The card also comes packed with more than $1,500 in annual travel and lifestyle credits, elite status with select hotel and car rental rewards programs and many other perks that touch just about every aspect of your travel experience. That said, many of the credits are doled out in increments and are for specific vendors, making them harder to redeem.

Pro tip: Credits only have value if you use them in your daily life. If a credit or benefit is causing you to make purchases you don't usually make, you might want to reconsider whether it is worth it for you.

Best for airline loyalists: United SM Explorer Card

The United Explorer card makes sense if you are one of the over 140 million passengers that flew United last year.

Why we like it: If you like the idea of enjoying rewards and perks with an airline rather than general travel rewards and benefits, you can't go wrong with the United Explorer Card . The card offers a sizable welcome bonus and a few different bonus rewards categories, and with a strong domestic and international presence, you'll have plenty of options when it comes to redeeming your miles for award flights.

You'll get some standard airline card benefits, such as a free checked bag for you and a companion, priority boarding, and a discount on select inflight purchases. But you'll also get some perks that most mid-tier airline cards don't offer, including expanded access to Saver award tickets, premier upgrade eligibility on award tickets, two one-time passes to the United Club lounge each year, and an application fee credit toward Global Entry or TSA PreCheck.

Best for hotel loyalists: IHG One Rewards Premier Card

The IHG One Rewards Card offers a free night upon card renewal along with a slew of other benefits, making it well worth the modest annual fee

Why we like it: If you want to focus your efforts on earning free hotel stays, the IHG One Rewards Premier Credit Card offers an impressive array of benefits. The card makes it easy to earn points quickly, though it also requires a lot of points to get free stays with IHG. 

Where it really shines, though, is in its perks, which offer value that far outweighs the card's modest annual fee. You'll get a free night reward each year worth up to 40,000 points, plus a $100 statement credit and 10,000 bonus points if you spend $20,000 in a calendar year. When you stay at IHG hotels, you'll enjoy Platinum Elite status, which includes perks like the fourth night free on award bookings, reward night discounts, complimentary upgrades, and a welcome amenity. You'll also get an application fee credit toward Global Entry, TSA PreCheck, or NEXUS.

Best $0 annual fee card: Bilt Mastercard

The Bilt Mastercard not only has no annual fee, it has a robust set of travel transfer partners. Even better, it lets you earn rewards for paying rent.

Why we like it: While it technically isn't billed as a travel credit card, the Bilt Mastercard®—the only credit card that offers rewards on rent payments—offers travel benefits that are hard to ignore. Most importantly, the card allows you to transfer your points to several airline and hotel loyalty programs, a rare feature for a travel card with no annual fee. You'll also pay no foreign transaction fees and get a few trip protections, including trip cancellation and interruption reimbursement, trip delay protection and auto rental collision damage waiver.

If your vacation plans stretch farther than your budget, the VentureOne has an extended 0% APR period on purchases so you can enjoy the sun without getting burned with interest.

Most travel credit cards don't offer introductory 0% APR promotions, but if that feature is a top priority and you don't want a cash-back card, the Capital One VentureOne Rewards Credit Card may be worth a look. 

The card offers an introductory 0% APR promotion on both purchases and balance transfers, giving you plenty of time to pay off a large chunk or all of a significant purchase or high-interest debt from another card. 

The card's rewards rate isn't very exciting, but it does offer flexible travel redemption options, including access to transfer partners.

Best for earning on travel: U.S. Bank Altitude Connect

If cash back is your preference, the U.S. Bank Altitude Connect has a robust rewards rate on travel purchases plus a selection of perks unusual for a sub-$100 annual fee card.

Interestingly enough, many travel credit cards don't offer great rewards on travel spending unless you're booking through the card issuer's travel portal. If you want a card that offers best-in-class rewards on all of your travel spending, the U.S. Bank Altitude® Connect Visa Signature® Card is your best bet. 

The card also offers great rewards on other everyday spending categories, along with four free visits to Priority Pass lounges each year, an application fee credit toward Global Entry or TSA PreCheck, and an annual bonus when you use your card to pay for an eligible streaming service.

The Credit One Wander card flies under the radar but is worth a look for its strong earnings on travel, dining and gas in addition to its more lenient credit score requirements.

Why we like it: You typically need good or excellent credit to qualify for one of the best travel credit cards, but if you're not quite there yet, the Credit One Bank Wander® Card should be on your radar. The card offers great rewards on select travel purchases and other everyday spending. 

Points can be redeemed in a variety of ways, but to get a consistent redemption rate, statement credits are your best option.

Best for credit building: Capital One Quicksilver Secured Card

You aren't out of options if you need to build your credit score before getting a standard travel card. The Capital One Quicksilver Secured Card is a rewarding option while you get on track.

Why we like it : If you're looking to build or rebuild, you'll be hard-pressed to get approved for a true travel credit card. However, the Capital One Quicksilver Secured Cash Rewards Credit Card can be a solid alternative until you have the chance to establish a good credit score.

The card doesn't charge foreign transaction fees, making it a good choice for international travel, and you'll earn a solid rewards rate on every purchase you make. While you need to make a security deposit equal to your desired credit limit when you get started, you don't have to wait to close your account to get your money back. With responsible use, you can start earning unsecured credit line increases after six months, and you can also qualify for an upgrade to an unsecured Quicksilver card down the road, at which point you'll get a deposit refund.

Our methodology

The Fortune Recommends TM team analyzed more than 50 travel credit cards across various issuers to come up with the top picks.

Here are the key elements we ranked each card by:

• Annual fee: Some card issuers require cardholders to pay an annual fee for cards with rewards and extra features or benefits. For most of our rankings, we rated cards with lower or zero-dollar annual fees higher.  
• Rewards: Travel cards typically provide rewards in the form of points or miles. For some rankings, we rated cards with better rewards rates higher on our list. 
• Insurance and protections: When you use your card to make purchases, you may be eligible for different types of protections on those purchases. Some cards offer insurance on travel-related expenses, like trip cancellation insurance, baggage delay insurance, trip delay reimbursement, and more. Some cards also provide non-travel-related reimbursements like cell phone protection. For some rankings, we rated cards higher based on the number of protections they offered.
• Welcome bonus: When you sign up for a new credit card, you may be eligible for a one-time welcome bonus in the form of points or miles. You’ll need to spend a certain amount within a few months of card opening to earn the bonus. We ranked cards with higher bonuses and lower spending requirements higher on our list. 
• Perks: Travel credit cards may offer a variety of perks—like statement credits for TSA PreCheck, airport lounge access, a free checked bag, and more. We rated cards with more perks higher for some of our rankings. 
• Foreign transaction fees: Some cards charge a flat rate on purchases when you use your card abroad. We rated cards with no foreign transaction fees higher.  

How do travel credit cards work?

Unlike cash-back rewards, which tend to work the same regardless of the card issuer, travel rewards can get complicated quickly. Ultimately, your redemption options and the value of your points and miles will vary depending on the rewards program.

Flexible travel rewards

Flexible travel rewards credit cards offer points or miles through the card issuer's proprietary rewards program. Some examples include Chase Ultimate Rewards, American Express Membership Rewards, Citi ThankYou Rewards, and Capital One Miles. 

With flexible travel rewards, you'll typically get several redemption options, and your rewards are worth a set amount — usually between 0.5 cents and 1.5 cents apiece — depending on how you redeem them. Travel redemptions typically get more value, but that can vary by program.

Many of these programs also allow you to transfer your points to airline and hotel loyalty programs, giving you access to more dynamic redemptions. If you're savvy enough, you could get more value with a transfer partner than if you were to redeem through the card issuer's rewards program.

Airline rewards

Airline miles , or points in some cases, are designed primarily to help you earn award flights with your favorite airline, such as United, Delta , or Southwest. But unlike general points or miles, airline rewards typically don't have a set value. 

In some cases, the number of points or miles required for a flight may be linked to the cash value of the ticket, but they may be unrelated. As a result, the value of your rewards will vary based on your flight dates, itinerary, cabin choice, and other factors. 

In some cases, you may be able to redeem your airline rewards in other ways, but you typically won't get as much value that way.

Hotel rewards

Hotel points allow you to book free hotel stays with a single hotel chain, such as IHG, Hilton, or Marriott. Like airline rewards, hotel points have dynamic value, so your redemption rate will vary based on your destination, the property, your stay dates, and other variables.

Hotel loyalty programs may also allow you to redeem your rewards in other ways, but it's generally best to stick to free nights.

Should you pick a travel credit card?

If you frequently travel or you're looking for opportunities to travel more in the future, a travel credit card can make it easier to earn free or discounted flights, hotel stays, rental cars, and more. 

What's more, some of the top travel credit cards also offer perks that can save you more money or give you a better overall experience at the airport, in flight, or throughout your trip. 

That said, most travel credit cards don't offer as much redemption flexibility as cash-back credit cards. If you're not sure you want to go all in on travel rewards, a cash-back credit card may be a better choice. 

Also, most of the top travel credit cards charge an annual fee. While many of them make it easy to offset that cost with rewards and perks, the fee is still an out-of-pocket cost. If you're on a tight budget or you're generally fee-averse, think carefully about whether you can afford that yearly cost and make sure you can get enough value from a card to make its annual fee worthwhile.

How to choose the best travel credit card

With so many different options available, there's no single travel credit card that's best suited for all travelers. To determine which one is best for you, you'll want to think about your travel habits, spending profile, and general preferences.

Travel habits

Consumers who travel frequently may benefit more from a premium travel card that offers a broad range of perks, while more casual travelers may be better off with a mid-tier or no-annual-fee travel card. 

If you're loyal to a specific airline or hotel chain, it could make sense to get an airline or hotel credit card, but if you don't want to be tied down to a single brand, a general travel card might be the right move.

You'll also want to think about how you travel and which travel card benefits would give you the best experience. For example, if your home airport has one or more airport lounges, it can make sense to get a card that offers lounge access. 

Spending profile

Most travel credit cards offer tiered rewards, meaning you'll earn bonus rewards on certain spending categories. If you spend a lot in certain areas of your budget, try to find a card that will reward you more for those purchases. 

However, if you don't spend a lot in any single category or you don't want to earn a low rewards rate on most of your spending, consider a card that offers a high, flat rewards rate on everything.

General preferences

Consider other features you're looking for in a travel credit card. Options may include transfer partners, straightforward benefits, redemption options, 0% APR promotions, and more. 

As you research and compare travel credit cards, familiarize yourself with all of their benefits to determine which one feels like the best fit based on your needs and preferences.

Frequently asked questions

Which card is better for international travel.

Generally speaking, you'll want a credit card that doesn't charge a foreign transaction fee. With cards that do charge this fee, you'll typically pay an extra 3% on all of your purchases made abroad.

Additionally, Visa and Mastercard credit cards tend to be better for international travel because they're more widely accepted than American Express and Discover credit cards. If you have an Amex or Discover card, consider bringing a Visa or Mastercard as a backup.

Is Visa or Mastercard better for travel?

Mastercard boasts acceptance in more than 210 countries, while Visa says it operates in more than 200 countries. So, if you're traveling to a country that's off the beaten path, so to speak, Mastercard may be a better choice. But for most major international destinations, you're likely fine with either Visa or Mastercard.

What is the best credit card to accumulate travel miles?

Miles have historically been associated with airline frequent flyer programs, but some card issuers, including Capital One and Discover, use the miles nomenclature for their rewards currency. 

With that said, the best miles credit card for you depends on your travel habits and preferences. If you want to earn miles with a particular airline, check out that airline's co-branded credit cards to see which one offers the best fit. If you want more general rewards, consider a card that offers miles or points with more flexible redemption options.

Please note that card details are accurate as of the publish date, but are subject to change at any time at the discretion of the issuer. Please contact the card issuer to verify rates, fees, and benefits before applying.

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.

This story was originally featured on Fortune.com

Best no annual fee travel credit cards of April 2024

Fortune Recommends™ has partnered with CardRatings for our coverage of credit card products. Fortune Recommends™ and CardRatings may receive a commission from card issuers.  

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.  

Travel rewards cards are a lot like gyms. The best ones may come with tons of added benefits (saunas, yoga class, etc.) but they also cost a lot, usually with a big financial commitment upfront. 

As a result, whether you’re considering a Chase Sapphire Preferred ® Card (with its $95 annual fee) or a CrossFit membership, you probably have the same question on your mind: will I really use it enough to justify paying for it? 

While there aren’t any free gyms we know of, there thankfully are plenty of no-annual-fee travel rewards cards that require essentially zero commitment. And just like an ab roller or a Richard Simmons DVD, you can simply use them a few times, forget about them, and put them in a drawer until beach season. Or, you can stick with it and make them part of your daily routine—whatever works for you.

You’re also far more likely to see “instant results” with these cards, too. From 100,000-point welcome bonuses to rewards for paying rent, free travel insurance to 3X on gas, these cards offer way more than you’d expect for a fee of $0 per year. 

The best no-annual-fee travel cards for April 2024

Best overall: bilt mastercard, best for hotel rewards: ihg one rewards traveler credit card, best for airline rewards: united gateway℠ card, best for travel earnings: wells fargo autograph℠ card, best for flat-rate earnings: capital one ventureone rewards credit card.

The Bilt Mastercard allows you to earn points from paying rent and transfer them 1:1 to well over a dozen different travel partners including United MileagePlus and Marriott Bonvoy. Toss in some surprisingly robust travel insurance and you have our unconventional—yet logical—choice for the best overall no-annual-fee travel card of 2024.

Bilt Mastercard®

See Rates and Fees

Special feature

Rewards rates.

• 1x Earn 1X points on rent up to 100K/year
• 1x Earn 3X points on dining
• 2x Earn 2X points on travel
• 1x Earn 1X points on other purchases
• Use the card 5 times each statement period to earn points
• Uniquely earns points on rent
• Rent Day bonus every first of the month offers double points (excluding rent)
• Robust travel transfer partners
• Cash redemption rate is poor
• No traditional welcome bonus
• Travel perks: Trip Cancellation and Interruption Protection, Trip Delay Reimbursement, Auto Rental Collision Damage Waiver
• See this page for details
• Foreign Transaction Fee: None

Why we like this card: As mentioned, the Bilt Mastercard’s most compelling feature is that it allows you to pay rent with a credit card—even if your landlord doesn’t take plastic—and avoid the transaction fee paying rent by credit card would typically incur. Then, as long as you complete five transactions each month, you’ll trigger 1X rewards on your rent payments. 

Note that rewards on rent are capped at 100,000 points per year.

In terms of earning potential, if you pay the median ~$2,000 rent in the U.S., you could earn approximately 24,000 points per year which can be used to book travel in Bilt’s portal at a value of 1.25 cents per point or transferred to any of Bilt’s airline or hotel partners at a 1:1 ratio. In other words, you could likely earn a domestic flight with United or a weekend stay at Hyatt, all for simply paying rent on time.

The Bilt card also provides trip cancellation and interruption protection, trip delay reimbursement, and primary rental car insurance (terms apply)—perks you wouldn’t typically find on a no-annual-fee credit card.

If you’re looking for a hotel rewards card that offers the most free nights for no annual fee, wait until you read about the IHG One Rewards Traveler Credit Card. With a six-figure welcome bonus, up to 17X on stays and other compelling rewards, it’s currently the gold standard for no-fee hotel rewards.

IHG One Rewards Traveler Credit Card

Intro bonus.

• 17x Earn up to 17X points when you stay at IHG Hotels & Resorts 
• 3x Earn 3X points on dining, utilities, internet, cable, and phone services, select streaming services, and at gas stations
• 2x Earn 2X points on all other purchases
• Generous welcome bonus not typically seen in a $0 annual fee card
• Travel protections that are unusual for a no-annual-fee card
• Fourth night free on award bookings
• Limited redemption options outside of IHG
• IHG points are worth less than some other rewards currencies
• Silver status granted with the card has limited benefit
• Additional perks: Trip cancelation/interruption insurance, auto rental collision damage waiver, purchase protection, ability to spend to Gold status
• Foreign transaction fee:None

Why we like this card: We like calling the IHG One Rewards Traveler card the “Liam Hemsworth” of travel rewards cards because it lives in the shadow of its big brother—the IHG One Rewards Premier Credit Card —but still delivers plenty of quality and substance in its own right (with no annual fee, to boot). 

For starters, you can get a welcome bonus of 80,000 bonus points after spending $2,000 on purchases within the first 3 months of account opening, potentially worth around $500 to $700 in IHG redemption. 

Plus, enjoy up to 17X points when you stay at IHG Hotels & Resorts, instant Silver Elite status and a handy bonus where you redeem points for three consecutive nights and get the fourth night in your stay free. So, if you book a three-night stay using your welcome bonus, you’ll essentially be getting a complimentary four-night stay at a nice IHG property for no annual fee. The IHG One Rewards program could be very rewarding for the right traveler.

Check out our full review of the IHG One Rewards Traveler .

As a no-annual-fee airline card, the United Gateway℠ Card currently edges out its rival the Delta SkyMiles® Blue American Express Card by offering a more generous welcome bonus and travel insurance that the Delta card does not provide. If you fly occasionally and would like to earn miles, but aren’t willing to make the commitment of $95 or more for a mid-tier airline card with more perks, the Gateway is a strong choice. 

United Gateway℠ Card

• 2x 2 miles per $1 spent on United® purchases, including tickets, Economy Plus, in-flight food, beverages and Wi-Fi, baggage service charges and other United purchases.
• 2x 2 miles per $1 spent on local transit and commuting, including rideshare services, taxicabs, train tickets, tolls, and mass transit.
• 1x 1 mile per $1 spent on all other purchases
• No annual fee or foreign transaction fee
• Reward bonus categories outside of United Airlines
• Robust travel protections for a no-annual-fee card
• No baggage or expanded award availability benefits like with other United cards
• Subject to Chase 5/24 rule.
• United perks: 25% back as a statement credit on purchases of food, beverages and Wi-Fi on board United-operated flights and on Club premium drinks when you pay with your Gateway Card
• Other perks: Auto Rental Collision Damage Waiver, Trip Cancellation/Interruption insurance, Purchase Protection, Extended Warranty
• Foreign transaction fee: None

Why we like this card: The United Gateway card offers 2 miles per $1 spent on United® purchases, at gas stations and on local transit and commuting plus 1 mile per $1 spent on all other purchases. Considering a United Mile is worth roughly around 1.2 cents these days, effectively earning 2.4 cents back on everyday purchases is a solid value proposition. 

You’ll also get a welcome bonus of 20,000 bonus miles after you spend $1,000 on purchases in the first 3 months your account is open. And, you can save with a discount of 25% back on United in-flight and Club Premium drink purchases. 

New cardholders will enjoy a 0% Intro APR on Purchases for 12 months, after 21.99%–28.99% variable applies.

If the United Gateway card has a small lead on the Delta Skymiles Blue Amex at this point, it soars ahead (pun intended) when you look at the included travel and shopping protections. Both cards offer secondary rental car insurance, but only the Gateway includes trip cancellation and interruption insurance, purchase protection and extended warranty protection. 

So, if you’re seeking a no-annual-fee card you can use to rack up miles—and you either tend to fly United most of the time or you’re at minimum not devoted to a competing airline—the United Gateway is the card to beat.

Check out our full review of the United Gateway Card for more info.

To view rates and fees of the Delta SkyMiles® Blue American Express Card, see this page  

With a generous welcome bonus in exchange for an attainable spend amount, 3X on travel, and a fancy name, you’d think the Wells Fargo Autograph℠ Card would command an annual fee of at least $95. But it doesn’t, making it a superb candidate for general travel use.

Wells Fargo Autograph℠ Card

Intro bonus.

• 3X 3X points on restaurants, travel, gas stations, transit, popular streaming services and phone plans
• 1X 1X points on other purchases
• No annual fee
• 20,000 bonus points when you spend $1,000 in purchases in the first 3 months (that's a $200 cash redemption value)
• Points transfer to partners
• Car rental insurance is secondary
• No travel insurance
• Transfer partners are limited
• Additional perks: Cell Phone Protection: Provides up to $600 in cell phone protection when you pay your monthly cell bill with your Wells Fargo Autograph card. Coverage is subject to a $25 deductible and limited to two claims every 12-month period.
• Foreign transaction fee: N/A

Why we like this card: The Wells Fargo Autograph offers unlimited 3X points on restaurants, travel, gas stations, transit, popular streaming services and phone plans and even your landline bill too if you have one, plus 1X points on other purchases—all without charging an annual fee. And, to make traveling a little cheaper/less stressful, you’ll also get $600 worth of cell phone protection (minus a $25 deductible) as long as you pay your phone bill with this card and secondary rental car insurance. 

Cardholders can transfer points at a 1:1 ratio to Wells Fargo’s first wave of transfer partners including Air France‑KLM Flying Blue, Avianca Lifemiles, British Airways Executive Club, AerClub, and Iberia Plus and 1:2 to Choice Privileges. 

But even if you aren’t a member of those loyalty programs, earning 3X on dining, travel, gas, and more is hard to pass up. You can redeem points at a value of 1 cent each to offset past purchases on your account, meaning you can wield the Autograph either as a no-annual-fee travel card or as a cash-back card effectively earning unlimited 3% back in a wide swath of useful categories. 

Check out our full review of the Wells Fargo Autograph .

Sometimes, you just want a card that offers a little more than 1X on every purchase—without having to worry about what this quarter’s rotating rewards are, or whether a specific merchant qualifies as “groceries” for the purposes of your card’s rewards. If you value simplicity and the lack of an annual fee in your travel card, you’ll probably be a fan of the Capital One VentureOne Rewards Credit Card and its straightforward rewards program.

Capital One VentureOne Rewards Credit Card

Reward Rates

• 5x Earn 5x miles on hotels and rental cars booked through Capital One Travel
• 1.25x Earn 1.25x miles on every other purchase
• Flexible travel rewards
• No foreign transaction fee
• Maximizing Capital One Miles requires a learning curve
• Cash redemption value is limited
• The VentureOne offers travel accident insurance, rental car coverage, extended warranty protection, exclusive access to events through Capital One Dining and Capital One Entertainment

Why we like this card: The Capital One VentureOne Rewards offers 1.25X miles per dollar spent on everyday purchases and 5x miles on hotels and rental cars booked through Capital One Travel. That’s pretty much all that you have to remember. You can also get a nice welcome bonus of 20,000 miles after spending $500 on purchases within 3 months from account opening, which is a solid payout for a very attainable spending target. 

Capital One Miles can be transferred to well over a dozen airline and hotel partners, most at a 1:1 rate. Partners include Air Canada’s Aeroplan, British Airways Executive Club, Choice Privileges, Virgin Red, and Wyndham Rewards, among others. Other ways to book travel include redeeming miles through Capital One’s portal or making the purchase directly, paying with your card like normal, then using miles for a statement credit to cover the transaction. 

The Venture One also offers a 0% intro APR on purchases for 15 months (after that, the variable APR will be 19.99%–29.99%). There’s an intro balance transfer fee of 3% of the amount of each transferred balance that posts to your account during the first 15 months that your account is open , then 4% per transfer for any promotional APR offered after. 

Come to think of it, provided you have the excellent credit needed to apply, the VentureOne could make a great travel companion for a grad student given its simplicity, lengthy intro APR period and low spending threshold required to trigger the welcome bonus.

Check out our full review of the Capital One VentureOne Rewards .

Frequently asked questions

Which card is best for international transactions without extra charges.

Zero foreign transaction fees is actually a common benefit among travel rewards cards, including many with no annual fee. For example, neither the Bilt Mastercard nor the United Gateway card charges a foreign currency conversion fee. 

What is the best travel credit card for a young person? 

If you’re still paying rent, the Bilt Mastercard is an excellent choice since it can generate points from rent payments which can then be transferred 1:1 to well over a dozen airline and hotel partners. If you’d prefer a card with a welcome bonus, which the Bilt card lacks, the IHG One Rewards Traveler card currently offers a massive welcome bonus for a no-annual-fee card—potentially worth hundreds of dollars toward a future IHG hotel stay. 

Is a travel card with an annual fee worth it?

Using a travel rewards card with an annual fee can be worth it as long as you’re extracting enough points and benefits to justify paying the fee each year. If you travel infrequently or just want one less fee to worry about, consider one of the no-annual-fee cards on our list above. But, the best perks and protections are typically available on cards with annual fees.

For example, the Capital One Venture X card offers a $300 annual travel credit for bookings made through Capital One Travel. If you use that every year, you’ve gone a long way toward offsetting the $395 annual fee. You also get 10,000 bonus miles, worth at least $100 toward travel, every year starting on your account anniversary.

Methodology

To bring you our top picks for the best travel rewards cards with no annual fee, the Fortune Recommends surveyed more than a dozen cards currently available from today’s top issuers. From there, we ranked each one based on the following core categories and weights:

• Welcome bonus (10%): Some cards—even those with no annual fee—offer welcome bonuses that you can earn once you make enough purchases within a certain time frame, such as spending $1,000 within three months of account opening.
• Travel earnings (25%): These are the point rewards you’d earn by making travel-related purchases (e.g. 3X on hotels, 2X on airfare).
• Car rental insurance (15%): Many, but not all travel-centric rewards cards include an auto rental collision damage waiver, which allows you to decline a portion of the rental company’s insurance and save potentially up to $30 per day. We gave extra consideration to if a card offers primary rental car insurance versus secondary, because primary kicks in immediately in a covered scenario—whereas secondary only applies after your own, personal insurance. 
• Travel insurance benefits (15%): Some travel rewards cards automatically apply trip cancellation/interruption insurance, lost/delayed luggage reimbursement and even travel accident insurance on travel bookings made using the card.
• Gas earning (5%): Since road trips remain a common form of travel, whether or not a card offers points rewards at the pump factored into our rankings.
• Dining earning (10%): If a no-annual-fee travel rewards card offered 2X or more on restaurant purchases it favored well in this category.

The remaining 20% was based on the card’s main focus: hotel, airline or general travel rewards. 

• For general travel—points transferrable to partners (20%): Points are literally worth more if you can transfer them to certain partners, so a card’s ability to transfer rewards to airline and hotel partners factored into our rankings.
• For hotel rewards—free award night with booking (20%): Some hotel rewards cards offer a BOGO-like perk where if you redeem a certain number of nights with points you get an extra tacked on for free.
• For airline rewards—ability to spend towards status (20%): Most airline rewards cards allow you to earn miles, but not all of them count those miles towards your next loyalty status. If a card treated them as “qualifying miles,” it fared better in this category.

Lastly, just keep in mind that virtually every aspect of a travel rewards card—from the rewards to the welcome bonus and fee structure—is subject to change, which could impact how many miles or points you earn. 

Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefits guide for more details. Underwritten by Amex Assurance Company.  

Please note that card details are accurate as of the publish date, but are subject to change at any time at the discretion of the issuer. Please contact the card issuer to verify rates, fees, and benefits before applying.  

EDITORIAL DISCLOSURE : The advice, opinions, or rankings contained in this article are solely those of the Fortune Recommends ™ editorial team. This content has not been reviewed or endorsed by any of our affiliate partners or other third parties.

Guide to travel rewards credit cards

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Should You Use a Credit Card Travel Portal?

Unlock the details of credit card travel portals and learn how to maximize your benefits.

Using a Credit Card Travel Portal

Getty Images

Using a credit card portal to book travel could help you save money and help you earn more points or redeem travel credits.

Key Takeaways

• Credit card travel portals search across multiple travel options, giving you the power to compare prices.
• You can use your credit card or rewards to book travel with your credit card issuer's travel portal.
• Some cards may offer travel credits and benefits when you book using the associated travel portal. 

You have many options for booking travel, whether you want to book directly with airlines and hotels, use an online travel agency or book with your credit card's travel portal. Using a credit card travel portal may allow you to take advantage of cardholder benefits and credits and give you additional choices for your booking.

Understand how to use credit card travel portals to save money on your next trip and maybe get some elevated perks along the way – but also recognize when it doesn't make sense.

What Are Credit Card Travel Portals?

Similar to online travel agencies, such as Expedia or Booking.com, credit card travel portals are online travel booking platforms. Cardholders can use credit card travel portals to browse and book travel options, including flights, hotels, rental cars and experiences using your credit card or rewards.

Credit card travel portals include:

• American Express Travel.
• Capital One Travel.
• Chase Travel.
• Citi Travel.

Some credit cards offer cardholder savings or perks when you book travel using the issuer's credit card portal, such as travel credits or cardholder privileges, including free breakfast or late checkout.

How Credit Card Travel Portals Stack Up

When you use a credit card travel portal, the amount and method of payment may be the deciding factors in how you book. Using a credit card travel portal to book travel can save you money, but not always.

We compared a midweek economy flight from Los Angeles to New York and a weeklong stay at a three-star hotel in Manhattan. In some cases, credit card travel portals were competitive, but Expedia had the lowest overall price for flight and hotel costs on this test trip.

Still, this is just one example, and travel prices can fluctuate depending on how you book. It's always a good idea to compare all of your options.

Benefits of Credit Card Travel Portals

Booking your travel with a credit card travel portal can help you earn more points or redeem travel credits. Some examples:

• Cardholders of the Capital One Venture X Rewards Credit Card get a $300 annual travel credit for bookings through the Capital One Travel site. When booking on the Capital One Travel site, cardholders earn unlimited 10 miles per dollar on hotels and rental cars and 5 miles per dollar on flights. ( See Rates and Fees )
• With The Platinum Card ® from American Express , cardholders get a $200 annual hotel credit for prepaid Fine Hotels + Resorts or The Hotel Collection bookings with American Express Travel and earn five points per dollar on flights and prepaid hotels booked with American Express Travel. ( See Rates and Fees )
• Chase Sapphire Preferred ® Card holders get a $50 annual Chase Travel hotel credit and earn five points per dollar on Chase Travel purchases.

"Using the travel credits is huge," says JT Genter, editor in chief of rewards and travel tracking tool AwardWallet. "Card issuers are leaning more towards those only being accessible through the portal."

Credit card travel portal bookings may help your points go further, too. "Because I have a Chase Sapphire Preferred Card, when I use the (Chase) portal to book travel, my points get an extra 25% bump," says Chip Chinery, personal finance blogger at Chip's Money Tips. For example, you'd only pay 100,000 points for a flight or hotel that would require 125,000 Chase Ultimate Rewards points to book without the points boost.

Helpful features can add up to savings on credit card travel portals. For example, Capital One Travel offers a price match guarantee. Genter used the Capital One Travel price match feature on a flight from Cairo to Marrakech, Morocco. Although he booked with Capital One Travel, an online travel agency had a better price. He was able to price match with Capital One Travel to get a travel credit.

Genter points out that cardholders of The Platinum Card from American Express can take advantage of the International Airline Program for potential savings on international flights in first, business or premium economy.

You may also get benefits for booking with credit card travel portals, particularly when booking hotels. For example:

• Cardholders of The Platinum Card from American Express get elite benefits at participating hotels, including early check-in, room upgrades, breakfast for two, a $100 experience credit, complimentary Wi-Fi and guaranteed 4 p.m. check-out.
• If you have a Chase Sapphire Reserve ® , you can book The Edit properties through Chase Travel and receive benefits, including daily breakfast for two, a $100 on-property credit, room upgrades, early check-in and late check-out and complimentary Wi-Fi.

Drawbacks of Credit Card Travel Portals

Travel credits and on-property perks are compelling reasons to use a credit card travel portal. However, it pays to compare pricing among your card's portal, direct booking or an online travel agency, because the lowest-priced option depends on the trip you're taking. Also, you may forfeit some benefits, as credit card travel portals are third-party bookings.

With a third-party booking, you'll have less flexibility in customer service and cancellation than you would if you booked directly. For example, if you're dealing with a delayed flight and need service from the airline, you may be directed to the travel portal customer service. You may have limited options for cancellation and how you get your money or rewards back.

Another major point to consider with third-party bookings: You generally won't be able to earn points or miles with the airline or hotel, though you can earn points with your card. Additionally, you may not be able to use elite benefits for any status you hold. For example, if you have Hilton Honors status that entitles you to a daily food and beverage credit, you're not likely to get it when you book a stay with your credit card travel portal.

When to Use a Credit Card Travel Portal

Booking travel with a credit card travel portal can make sense in some scenarios. For instance:

• You want to compare your travel options across multiple airlines or hotels in the portal.
• You have a travel credit available that can only be redeemed through the issuer's travel portal.
• You have rewards you want to redeem on the portal, and booking this way offers a good redemption value.
• You want to take advantage of benefits, such as elite hotel perks that you can get when using a credit card travel portal.
• Your booking options on the portal are priced lower compared with other options.
• Booking on the portal earns elevated rewards, and the prices and benefits are comparable to those of other booking options.

"It makes sense if you want to take advantage of the credits but also to earn bonus points," says Genter. "And sometimes, they have promotions such as hyper-targeted offers."

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Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credit card issuers or travel companies. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired.

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16 Best Student Credit Cards in Canada for April 2024

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

Finding a student credit card with the right combination of features for your lifestyle can be daunting, especially if it’s your first time choosing a card. But spending a few minutes with the information below — consider it a mini cram session — should have you ready to compare the best student credit cards and confident that you can make a decision about which one is right for your needs.

• Best student credit cards
• Methodology
• Summary of the best student credit cards

Beginner’s guide to student credit cards in Canada

TD® Aeroplan® Visa Infinite* Card

Intro offer details: Earn up to $1,200 in value†, including up to 50,000 Aeroplan points† (enough for a round trip to New York City†), and additional travel benefits. Account must be approved by June 3, 2024. †Terms and conditions apply.

Best student credit cards in Canada

Best overall student card

Bmo cashback® mastercard®* for students.

• Welcome offer: Get 5% cash back in your first 3 months.*
• Then get 3% cash back on grocery purchases, 1% cash back on recurring bill payments and 0.5% unlimited cash back on all other purchases!*
• Now earn the highest cash back on groceries in Canada without paying an annual fee!†
• Get cash back every time you spend, plus start building a healthy credit history.
• Want to get your cash back ASAP? Now you can redeem your cash back anytime through direct deposit, as a credit on your statement or into your BMO InvestorLine account.*
• No Annual fee.*
• Extended Warranty.*
• Purchase Protection.*
• Receive a discount on car rentals.*
• *Terms and conditions apply.
• †Statement based on a comparison of the non-promotional grocery rewards earn rate on Canadian cash back credit cards as of January 4, 2023.
• BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.

If this card doesn’t seem like a good fit for your wallet, take a look at NerdWallet’s selection of the  best credit cards  to help find the right option for you.

Best for: Points on restaurants

American express cobalt® card.

• In your first year as a new Cobalt Cardmember, you can earn 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 in net purchases on your Card. This could add up to 15,000 points in a year. That’s up to $150 towards a weekend getaway or concert tickets.
• Earn 5x the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend cap applies.
• Earn 3x the points on eligible streaming subscriptions in Canada.
• Earn 2X the points on eligible ride shares, transit & gas in Canada.
• Earn 1 additional point on eligible hotel and car rental bookings via American Express Travel Online.
• Earn 1X point for every $1 in Card purchases everywhere else.
• Enjoy access to hotel bookings, and up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel.
• Transfer points 1:1 to several frequent flyer and other loyalty programs.
• Cobalt Cardmembers receive regular Perks such as bonus reward offers and access to great events.
• Access Front Of The Line® Presale & Reserved Tickets to some of your favourite concerts and theatre performances and special offers and events curated for Cardmembers with American Express® Experiences.
• *Effective August 15, 2023, Cobalt Cardmembers will earn 5x the points on all eligible eats & drinks charged to their Card up to $2,500 monthly, for the same total of $30,000 annually already in place today. Cardmembers will also continue to earn 3x on streaming subscriptions, 2x on eligible transit, gas & travel purchases and 1x on everything else. T&Cs apply. While the annual earn does not change, the new monthly construct intends to curb gaming activity. The change should have little to no impact on the majority of Cardmembers who utilize the Card and Membership Rewards program as it was intended.
• American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, NerdWallet may receive compensation from American Express, which can be in the form of monetary payment.

Best for: Bad or no credit

Neo secured credit.

• Build credit history with on-time payments.
• Set your credit limit and get started with as little as $50.
• Guaranteed approval with no credit score needed to apply.
• Earn 1% cashback on all gas and grocery purchases.
• 0.5% guaranteed monthly minimum cashback.
• No monthly or annual fees.
• Upgrade to Premium and earn exclusive benefits and boosted rewards, like 3% cashback on all gas and grocery and free credit monitoring.
• Personalized Insights AI generates tailored information and recommendations designed specifically for you.

Best for: Customizable spending categories

Tangerine money-back credit card.

• 2% on two categories of your choice: grocery, furniture, restaurants, hotel-motel, gas, recurring bill payments, drug store, home improvement, entertainment, or public transportation and parking.
• Get a third cash-back category by choosing to have your rewards deposited into a Tangerine Savings Account.
• 0.50% on everything else.
• Redeem cash back monthly as a statement credit or deposited into a Tangerine Savings Account.
• No annual fee.
• Transfer balances within your first 30 days and pay only 1.95% interest on the transferred balance for the first six months (19.95% after that). 1% balance transfer fee applies to the amount transferred.
• Get free cards for any authorized users on your account.
• It only includes purchase assurance and extended protection insurance. For more insurance, consider the Tangerine World Mastercard which requires a minimum personal income of $60,000. If you meet this requirement, you will automatically be considered for the World card if you apply for the Money-Back card.
• Preferred rates: 19.95% for purchases and cash advances.
• To be eligible, a $12,000 (individual) annual income is required. Also, you must have a Canadian credit file and be a Canadian resident of the age of majority in the province or territory where you live.

Best for: Flat-rate reward points

American express® green card.

• Get the Card that lets you live in the moment while getting ready for the future.
• The American Express® Green Card lets you go for it with every swipe or tap of your Card.
• As a new American Express® Green Cardmember, you can earn a Welcome Bonus of 10,000 Membership Rewards® points when you charge $1,000 in purchases to your Card in the first 3 months of Cardmembership. That’s $100 towards groceries or concert tickets.
• Earn 1x the points on Card purchases.
• Charge an eligible purchase to your Card and redeem your Membership Rewards points for a statement credit (All eligible purchases: 1,000 points = $10 statement credit).
• With American Express Experiences and Front Of The Line®, American Express Cardmembers get access to amazing events in Canada.
• American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply.

Best for: Points on Expedia bookings

Td rewards visa* card.

• Earn 15,152 TD Rewards Points† (a value of $50 on Amazon.ca†) by keeping your Account open, active and in good standing for the first 90 days†, plus no Annual Fee. Account must be approved by June 3, 2024.
• No Annual Fee.
• Earn 4 TD Rewards Points for every $1 you spend when you book travel through Expedia® For TD†.
• Earn 3 TD Rewards Points for every $1 you spend on Groceries and Restaurants†.
• Earn 2 TD Rewards Points for every $1 you spend on regularly recurring bill payments set up on your Account†.
• Earn 1 TD Rewards Points for every $1 you spend on other Purchases made using your Card†.
• Your Points are worth more when you redeem through Expedia For TD: Search over a million flights, hotels, packages and more! When you’re ready to book, you can redeem† your TD Rewards Points towards your travel purchase right away.
• Or Book Any Way†: You can also choose to book your trip through any other travel agency or website. This gives you the flexibility to use your TD Rewards Points towards all kinds of travel expenses – including excursions and taxes – within 90 days of your purchase.
• No travel blackouts†, no seat restrictions† and no expiry† for your TD Rewards Points as long as your account is open and in good standing.
• Shop online through TDRewards.com Redeem your TD Rewards Points for great deals on a wide selection of merchandise and gift card.
• Redeem your TD Rewards Points towards making purchases at Amazon.ca with Amazon Shop with Points. Conditions apply.
• Pay With Rewards: Redeem TD Rewards Points to help pay down your credit card balance.
• Cardholders must be Canadian residents of the age of majority in their province/territory of residence.
• †Terms and conditions apply.
• This offer is not available for residents of Quebec.
• The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on any TD product, please click the Apply Now button.

Best for: Intro cash-back rate

Scotia momentum® no-fee visa* card (for students).

• 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).
• 0% introductory interest rate on balance transfers for the first 6 months.
• Earn 1% on gas, groceries, drug stores, and recurring payments. Earn 0.5% on everything else.
• $500 minimum credit limit.
• Free supplementary cards.
• Get 25% off at Avis and Budget car rentals.
• Optional insurance coverage available, such as life, critical illness and hospitalization coverage.

Best for: Low annual fee

Rbc ion+ visa credit card.

• Get 3,500 Welcome Points on approval and earn 3,500 bonus points when you spend $500 in your first 3 months.*
• Earn 3X Avion points for every $1 spent¹ on:
• Grocery, Dining & Food Delivery – Satisfy your taste buds by earning points on groceries, dining out, food delivery.ⁱ
• Rides, Gas & EV Charging – Enjoy earning points on gas, rideshare, daily public transit, electric vehicle charging.ⁱⁱ
• Streaming, Digital Gaming & Subscriptions– Stay entertained while earning points on streaming, gaming, eligible digital subscriptions, eligible digital downloads, and in-game purchases.ⁱⁱⁱ
• Earn 1 Avion point for every $1 spent on all other qualifying purchases.¹
• Annual Fee $48² ($4 charged monthly).
• Pay With Points – Redeem your Avion points to pay bills, your credit card balance or even send money to friends with Interac e-Transfer⁴. Minimum redemption is only $10, so you can use your points where you need them most.
• Save at Petro-Canada – Save 3¢/L on fuel and earn 20% more points when you pay with a linked RBC card.⁶
• Earn more Be Well points at Rexall – Earn 50 Be Well points for every $1 spent on eligible purchases at Rexall when you pay with your linked RBC card and scan your Be Well card.⁷
• Save Big on Delivery with DoorDash – Get a 3-month complimentary DashPass subscription – a value of almost $308. Enjoy unlimited deliveries with $0 delivery fees on qualifying orders of $15 or more when you pay with your eligible RBC credit card⁹. See how to save with DoorDash.
• Enjoy a Monthly Fee Rebate – Get a $4 rebate¹⁰ each month ($48/year) on the monthly fee of your credit card when you have an RBC Signature No Limit Banking or RBC Advantage Banking for students account.
• Mobile Device Insurance⁵ Included – Get 2 years of coverage up to $1,000 in the event your mobile device such as your cell phone is lost, stolen, accidentally damaged or experiences mechanical failure when you purchase your mobile device with this credit card.
• Purchase Security and Extended Warranty Insurance⁵ – Automatically protects eligible card purchases against loss, theft or damage within 90 days of purchase, and doubles the manufacturer’s original Canadian warranty by up to one additional year, to a maximum of five years.
• Corresponding legal references and product terms are available on the RBC website, which will be available and agreed upon in the customer onboarding process.

Best for: AIR MILES points

Bmo air miles®† mastercard®* for students.

• Welcome offer: Get 800 AIR MILES Bonus Miles!* That’s enough for $80 towards purchases with AIR MILES Cash.*
• Get 3x the Miles for every $25 spent at participating AIR MILES Partners and 2x the Miles for every $25 spent at any eligible grocery store.*
• Get 1 Mile for every $25 spent everywhere else.*
• Use your BMO AIR MILES Mastercard and AIR MILES Collector Card at an AIR MILES Partner to earn Reward Miles from both.*
• Get AIR MILES back every time you spend, plus start building a healthy credit history.
• No annual fee.*

Honourable mention for: Cash back on everyday spending

Simplycash® card from american express.

• In your first 10 months as a new SimplyCash® Card from American Express Cardmember, you can earn a $10 statement credit for each monthly billing period in which you spend $300 in purchases on your Card. This could add up to $100 in statement credits in the first 10 months.
• Earn accelerated earn rates on eligible gas and grocery purchases.
• Earn 2% cash back on eligible gas purchases in Canada, 2% cash back on eligible grocery purchases in Canada (up to $300 cash back annually), and 1.25% cash back on all other eligible purchases.
• Access events and special offers curated for Cardmembers with American Express® Experiences.
• Insurance coverage and 24/7 Customer Service.

Best for: Aeroplan points

Cibc aeroplan® visa card for students.

• 1x Aeroplan points per dollar on gas, electric vehicle charging, groceries and Air Canada travel purchases, up to $40,000 annual spend.
• 1x Aeroplan points per $1.50 spent on all other purchases, including gas, electric vehicle charging, groceries and Air Canada travel purchases that exceed the $40,000 threshold.
• Earn points twice at over 150 Aeroplan partners and 170+ online retailers through the Aeroplan eStore.
• Aeroplan Points never expire and can be redeemed for a variety of travel, merchandise, gift card, and other rewards offered by Aeroplan’s participating partners and suppliers.
• $0 annual fee.
• Get three free months of Uber Pass for discounts on rides, meals and more. Offer ends September 8, 2022.
• Earn 1 Aeroplan point for every $6 spent on CIBC Global Money Transfer, with no transaction fees or interest as long as you pay your balance on time. Offer ends June 30, 2022.
• Maximize your points by adding up to three additional cards and giving them to your spouse or other family members. Points can be shared with other Aeroplan members in your household.
• Earn points by using your CIBC Aeroplan Visa to automatically make recurring bill payments.
• Receive preferred pricing when paying for flights with your Aeroplan points.
• Save up to 25% on car rentals at participating Budget and Avis locations worldwide when paying with your card.
• Save up to 10 cents per litre at participating Chevron, Ultramar and Pioneer gas stations if you link your card with Journie Rewards.
• Use the CIBC Pace It feature to make installment payments on large purchases.
• Four types of insurance are provided: auto rental collision and loss damage insurance, purchase security, extended protection insurance, and $100,000 in common carrier accident insurance.
• Preferred rates: 20.99% for purchases, 22.99% for cash advances.
• To be eligible, you must have full-time status in a college or university.

Best for: Points on entertainment

Scotiabank® scene+™ visa* card for students.

• Earn up to 7,500 bonus Scene+ points within your first 3 months¹
• No annual fee in the first year, including on supplementary cards¹
• Earn 2x Scene+ points¹ on every $1 you spend at Sobeys, Safeway, IGA, Foodland, participating Co-ops, Freshco and more
• Earn 2x Scene+ points¹ for every $1 you spend on Home Hardware, Home Building Center, Home Furniture locations in Canada and online at homehardware.ca
• Earn 2x Scene+ points¹ for every $1 you spend at Cineplex theatres or online at cineplex.com
• Plus earn 1 Scene+ point for every $1 spent on all other eligible everyday purchases
• Rates, fees and other information are effective as of Mar 1, 2024. Subject to change.
• To be eligible, you must be a resident of Canada and the age of majority in the province or territory where you live. Credit history is not required and international students can apply.

Best for: Aventura points

Cibc aventura® visa card for students.

• 1 Aventura point for every $1 spent at gas stations, electric vehicle charging, grocery stores and drugstores, up to $6,000 annual spend.
• 1 Aventura point for every $1 spent on travel purchased through the CIBC Rewards Centre.
• 1 Aventura point for every $2 spent on everything else.
• Redeem Aventura points to cover full airfare including taxes and fees, to pay down your balance, or for travel rewards from the CIBC Rewards Centre, such as hotel stays, vacation packages, cruises, merchandise, gift cards and one-of-a-kind activities. Aventura points do not expire as long as your account is in good standing.
• Save up to 10 cents per litre on gas at Chevron, Ultramar and Pioneer gas stations by linking your card with Journie Rewards.
• Enter the Student Life Network Full Ride Contest by December 31, 2022 for a chance to win $35,000 for tuition.
• Qualify for a free SPC membership and get exclusive access to SPC+ for discounts and over 450 deals, special experiences and more.

Best for: Prepaid card

Wealthsimple card.

• General fees and features: Wealthsimple does not charge any fees to use the Wealthsimple Card.
• Currency conversion fee: Mastercard will determine the applicable exchange rate from the range of rates available in wholesale currency markets for the applicable processing date, which may vary from the rate Mastercard itself receives.
• ATM withdrawals: Wealthsimple does not charge any fees for withdrawing cash, but you may see a standard ATM withdrawal fee (usually about $3.00) when you make a withdrawal at an ATM. ATM Withdrawal limits are $500 per transaction and $1,000 per day.
• Reload methods: Add funds to your card by making a deposit via a linked bank account, a wire transfer, your Visa or Mastercard debit card, or an institutional transfer to move an account from another institution.
• Rewards: Earn 1% cash back on eligible purchases. Cash back rewards can go directly into your Spend account, be added to the cash balance of a stock trading or crypto trading account, or be used to auto-purchase the cryptocurrency of your choice in your crypto trading account. Use the card anywhere Mastercard is accepted — in-store, in apps, or online. Pay bills, use direct deposit, and e-Transfer.
• The Wealthsimple Card is available as part of the everyday spending account, which comes with both a digital and physical card that you can manage right from the Wealthsimple app.
• Use the app to manage your rewards and spending preferences, or lock your card if something happens to it. Your balances are all updated in real-time, too — even if you’re using the physical card
• Add your Wealthsimple Card to Apple, Samsung or Google Pay digital wallet.
• Use the Wealthsimple Cash app to send and receive payments to anyone else who uses the Cash app without paying fees. You can also send money to people who don’t have the Cash app yet. They will receive a prompt to download the app and claim the money you sent them.
• Your money is protected for up to $100,000 through CDIC.
• To be eligible, you must be a Canadian resident with a Social Insurance Number of the age of majority in the province or territory where you live.

Best for: Cash back rewards

Simplycash® preferred card from american express.

• In your first 10 months as a new SimplyCash® Preferred Card from American Express Cardmember, you can earn a $40 statement credit for each monthly billing period in which you spend $750 in purchases on your Card. This could add up to $400 in statement credits in the first 10 months.
• Earn 4% cash back on eligible gas station purchases in Canada, 4% cash back on eligible grocery store purchases in Canada (up to $1,200 cash back annually) and 2% cash back on all other purchases.
• Extensive insurance coverage and 24/7 Customer Service.

Best for: Balance transfers

Rbc® cash back mastercard‡.

• Unlimited cash back on your spending.*
• 2% cash back on groceries.*
• Up to 1% cash back on all other qualifying purchases and pre-authorized payments.
• Link your RBC card with a Petro-Points membership and instantly save on fuel at Petro-Canada stations and earn 20% more Petro-Points.
• Get $0 delivery fees for 3 months from DoorDash¹⁴ – Add your eligible RBC credit card to your DoorDash account to:
• Get a 3-month complimentary DashPass subscription¹⁵ – a value of almost $30.
• Enjoy unlimited deliveries with $0 delivery fees on orders of $15 or more when you pay with your eligible RBC credit card.

Methodology to choose the best student credit cards

NerdWallet Canada selects the best credit cards for university students based on overall value and their suitability for specific kinds of students. Factors in our evaluation methodology include annual fees, rewards programs (both earning rates and redemption options), promotional and ongoing APRs, bonus offers for new cardholders, incentives for responsible behaviour, free credit scores and other credit education, and availability to applicants with thin or no credit history, and other noteworthy features such as a path to upgrade to a different product later on. Only credit cards specifically marketed to university students are considered for this list.

Summary of the best student credit cards in Canada

The best student cards from canada’s big banks.

Consider these top choices if you prefer to bank with one of Canada’s big banks .

How do student credit cards work?

Student credit cards aren’t much different from regular credit cards . You charge purchases to your card and you don’t have to pay for them until your statement due date. Generally speaking, student credit cards are easier to qualify for than premium credit cards. They’ll also help you build your credit score.

Although some financial institutions have official student-branded credit cards, most offer general entry-level cards that are suitable for students. In other words, even if a card isn’t called a student credit card, you may still have a chance at approval.

However, if you have negative marks in your credit history or no credit history at all, make sure to check the eligibility requirements. If a credit history is required, consider a secured credit card or a prepaid card instead.

Student credit cards vs. regular credit cards

The main difference between student credit cards and all other credit cards can be found in the qualification requirements.

• With a regular credit card, a good credit score and verifiable income is a must, so students might be out of luck.
• With a student credit card, income and credit score requirements are much more relaxed, or in some cases, non-existent.

And despite the name, very few student credit cards are limited to those who are enrolled in post-secondary education — the name simply acknowledges that the eligibility criteria, terms and conditions, and benefits are aimed at consumers of a certain financial profile.

Types of student credit cards

Cash-back student credit cards.

A particularly attractive option for students who might want a “discount” on their credit card bill every now and then, cash-back credit cards reward your spending with points that can be redeemed for cash. These cash rewards are most often provided in the form of a statement credit, but in some cases, can also be transferred to a savings account .

Low-interest student credit cards

Most credit cards in Canada carry a purchase interest rate around 20%, and student credit cards are no exception. Credit card interest rates on balance transfers or cash advances may be even higher. However, certain credit cards offer low interest rates as a way to attract cardholders who may not be as experienced with revolving credit products.

No-fee student credit cards

Many Canadian credit cards charge an annual fee that must be paid regardless of how much you spend or how often you use the card — it’s just the cost of being a cardholder. Students who are working with a tight budget will be pleased to learn that there are exceptions to this rule, however.

No-fee credit cards waive the annual fee, allowing students to reap all the benefits of having a credit card — including bonuses and rewards — without an extra charge piled on top.

Student travel credit cards

Among the best options for students are travel credit cards , which allow cardholders to earn travel rewards — points or miles that can be redeemed for discounted fares, merchandise, gift cards, and other perks.

Student reward credit cards

Armed with a rewards credit card , students in Canada can earn valuable points by using their card to pay for everyday expenses, like gas, groceries and even furniture. Some student rewards credit cards even come with perks like purchase assurance or extended protection insurance on eligible purchases.

How to compare student credit cards

Before applying for one of Canada’s best student credit cards, you should compare everything available. Here’s what to keep an eye out for.

• Eligibility requirements. Consider any requirements imposed, such as income, age, credit score or student status.
• Annual fee. Many credit credits don’t have an annual fee, which is great for students on a fixed income. That said, credit cards with a yearly fee often come with better benefits.
• Rewards. Cash back, travel, movie, grocery and store rewards are just some of the perks you can earn with your credit card.
• Welcome bonus. Many credit cards come with introductory offers, so consider what type of bonuses work best for you. Are you hoping to use credit card rewards to travel? If so, consider a card offering a lump sum of reward points to new cardholders. Alternatively, consider a cash-back card with an accelerated rewards rate if you’d like to boost your earn rate in a specific spending category. Just make sure you can hit the spending requirements associated with the offer.
• Additional benefits. Extra benefits, such as extended warranty, travel insurance , price protection and more, may come in handy.
• Where you bank. You can apply for a credit card at any financial institution, but it can be easier to be approved if you go with an issuer you already bank with.

How to get a student credit card

Once you’ve compared your options and weighed the pros and cons, obtaining a student credit card is similar to relatively straightforward. There are generally three steps you’ll have to take:

• Check eligibility requirements. Make sure you meet whatever eligibility criteria have been laid out by the card provider.
• Submit your application. Provide the personal and financial information required by the credit card company you’d like to apply to. This can usually be done online or in person.
• Activate. Once you’ve received your student credit card, you’ll need to activate it. You can generally do this online or by calling your credit card provider.

Student credit card eligibility requirements

Like other cards, student credit cards come with certain eligibility requirements you’ll be expected to meet.

Many student credit cards are limited to those aged 18-24. You must also be the age of majority in the province where you live. The age of majority is 18 in Alberta, Manitoba, Ontario, Prince Edward Island, Quebec and Saskatchewan. It’s 19 everywhere else in Canada.

Credit score

Because student credit cards are designed for users who may not have a credit history, some do not have a minimum credit score requirement. If you’re applying for a card that does take your credit score into consideration, know that it may require a credit score of 660 or higher.

Some cards come with specific income requirements, like the Tangerine Money-Back Credit Card which requires proof of $12,000 annual income. Those that don’t will still require proof that you have money coming in — via student loans, grants, scholarships, or family allowances — to ensure you’ll be able to pay off your balance every month.

Residency/student status

To be eligible for a student credit card in Canada, you’ll have to be a Canadian resident and/or provide evidence that you are enrolled in a post-secondary education program. There are certain exceptions to the residency rules for international students.

Can international students get a credit card in Canada?

Yes, international students can get credit cards in Canada. And with school being so expensive for international students, getting access to a little credit can go a long way. But getting a student credit card as an international student requires you to do a little extra work.

You’ll have to apply for a Social Insurance Number first, and you’ll only receive one if your study permit allows you to work while in the country studying. You may also have to provide government-issued identification, like a passport or a Canadian-issued driver’s license, as well as some form of proof that you’re actually enrolled at a post-secondary institution.

How to apply for a student credit card

• Fill out an application. You can do this online or in person at your financial institution of choice. The application will ask for some basic information, such as your name, date of birth, address, social insurance number, employer and income.
• Your information is checked.  The credit card issuer will  check your credit history  and verify the information you provided.
• A decision is made . If you apply online,  instant approval  (or disapproval) is possible, but there’s also a chance the credit card issuer will ask you to contact them to provide additional information.
• Your card is mailed out and will typically arrive within 14 business days.
• Activate your card.  Once your card arrives, you’ll need to activate it by logging into your account or calling the number on your card. Once activated, you can use your card to make purchases.

Rejected? Why your student credit card application was denied

Even though credit card companies love to welcome new users, there’s no guarantee that your application for a student credit card will be approved. If you find yourself being denied by a credit card provider , it could be because:

• You’re too young or too old to meet the age criteria.
• You don’t reside in Canada.
• You are unable to prove that you earn or receive some form of income.
• The income you do earn is too low.
• As an international student, you haven’t been given permission to work in Canada, which prevents you from obtaining a Social Insurance Number.
• Your previous credit history has left you with a low credit score.
• You failed to provide evidence of your enrollment status.

Is a student credit card a good idea?

Even if you already have a joint credit card with your parents, getting a student credit card may still be worth it. A credit card can be a vital part of managing your expense and, when used correctly, it’ll help you build your credit score.

Pros: When a student credit card may be worth it

To build credit as a student.

As you use your student credit card, you’ll build a strong credit history and that will impact your credit score. Your credit score is a number between 300 – 900. The higher your credit score, the more creditworthy you are to creditors. If you ever want to get a loan in the future, lenders will often look at your credit score first.

Your credit score doesn’t become excellent overnight. The credit bureaus want to see an established history of responsible credit use , which is why a credit card under your own name can help. Then, your credit history will grow as you make purchases and pay off your bills. Over time, you can expect your credit score to increase.

to Earn rewards

Another benefit of having a student credit card is earning valuable rewards that can make life a little less expensive.

Not all student credit cards offer rewards, but those that do allow you to collect points or miles that can be put toward purchases, including flights and hotels, or redeemed in the form of cash-back rewards that help whittle down your credit card balance.

To track spending

If you’re living on your own for the first time, money management skills may not be something you’ve mastered yet. That’s okay. You have a lot on your plate.

While not a perfect substitute for a thorough and thoughtful budget, some student credit cards offer budget tracking services that keep a tally of your spending and notify you if you’re at risk of exceeding your monthly spending limits.

to gain financial flexibility

Dealing with an unexpected expense when you don’t have much cash can be extremely stressful

A student credit card can help fill in those gaps by giving you the financial flexibility to pay for necessities, like groceries and clothing, or sudden costs, such as car repairs or a flight home to tend to a family emergency, even if you don’t have all of the cash in your bank account .

Even though student credit cards provide flexibility, it’s important to use them responsibly. Interest rates don’t get any lower just because your card’s being used for essentials and emergencies.

Cons: When a student credit card might not be worth it

If it has higher-than-usual interest rates.

All credit cards come with specific interest rates, usually around 19.99%, charged on top of your balance assuming you don’t pay it off within the allotted grace period, usually about a month. It’s not hard to see how this can cause your debt to expand quickly if you don’t stay on top of payments.

Some cards offer much lower interest rates, which can be helpful if you’re not confident that you’ll be able to pay in full each month.

if the spending limit is too low for your needs

Student credit cards often come with lower spending limits than other credit cards. A low spending limit can prevent you from racking up a big credit card bill you can’t pay, but it can also leave you in the lurch if a major purchase becomes necessary and you’re already up against your maximum spending amount.

if you’ll end up in Credit card debt

A maxed-out credit card can take years to pay off if you’re only making minimum payments, and can damage your credit score in the process. Thinking more long-term, if a situation arises where you need to take out a loan, lenders aren’t likely to give you the best interest rates or friendliest terms if you have a lot of credit card debt in comparison to your income.

Alternatives: When to consider other options

If you’re not ready for your first credit card or think you may not qualify for a student credit card, there are other solutions available.

Secured credit cards

A secured credit card works like a regular credit card, but you must provide a security deposit that typically acts as your credit limit. That security deposit typically acts as your credit limit.

For example, if you deposited $500 onto your secured credit card, you’d have a $500 spending limit. You can’t use that deposit to pay your credit card bill, but you’d get it back if you ever closed your account in good standing.

The best secured credit cards allow you to build credit history. Once you have a good credit score, you can try applying for a student credit card.

Which makes sense for you?   Secured vs. Unsecured Credit Cards: How to Choose

Prepaid cards

A prepaid card is also worth considering as they provide the flexibility of cashless payment, but because you’re not borrowing money, there’s no interest or credit card debt to worry about.

Some prepaid cards, like the Wealthsimple Card even earn interest. Some also claim to report to the credit bureaus so that you might be able to qualify for a student credit card in the future.

How to make the most of your first student credit card

Once you have your student credit card in hand, there are many things you can do with it. Use the following tips to ensure you’re making the most of your card.

• Always pay your bills in full and on time, so you don’t incur any interest charges.
• Use your card whenever you can to earn rewards and build a credit history.
• Read your credit card statement and pay attention to your purchases, so you know where your money is going. Some credit cards suitable for students even have an app that analyzes your spending for you.
• Take advantage of any perks that come with your card (like free extended warranty or rental car discounts), as they could save you some money.
• Make sure you select a PIN that’s not easy to guess. The last thing you want is to be a victim of credit card fraud.

Understand minimum payment requirements

When you receive your monthly statement for your student credit card, you’ll see that there’s a minimum payment requirement. Your account will be in good standing as long as you pay that amount. If you pay less than the entire balance, know that you’ll pay even more in interest on the remainder, which will increase your debt.

It’s also worth mentioning that you can pay your bill whenever you want. Most people will wait for their bill to arrive and then pay it off all at once. Others will pay off their charges as they accumulate to help prevent overspending.

Watch out for missed payment policies

Besides accumulating debt and being charged interest, not much will happen if you miss a single payment. If you miss two or more payments in a row, your financial institution could increase your interest rate or consider your account delinquent. That would instantly have a negative effect on your credit score.

If missing one payment was an honest mistake, make your payment as soon as you can. It’s also worth calling your financial institution to ask if they can waive the interest charges. To avoid missing a payment again, set up account reminders or auto payments.

Can I pay tuition with my student credit card in Canada?

Not all colleges and universities in Canada will accept credit cards as a form of payment for tuition. Even if your school does accept credit cards, you may not be able to use your student credit card to cover the cost. Why? Because student credit cards tend to come with much lower spending limits than traditional credit cards.

Post-secondary institutions may also charge significant fees in exchange for the convenience of paying with a credit card, sometimes as much as 3% of the total transaction. If you needed to pay $5,000 in tuition, the fee would add an extra $150 to your bill. Before attempting to pay tuition with a student credit card, make sure you’re clear on what credit card fees you’ll be charged, and investigate alternative forms of payment, such as direct deposit or a cheque.

What to do with a student credit card after graduation

Many people hang onto their student credit card until they secure a full-time job. Once you have stable employment lined up, you could apply for a credit card with a higher minimum income requirement. Doing so could mean getting better perks, such as increased earn rates, travel insurance, no foreign transaction fees and more.

With that new card in hand, you could cancel your student credit card since you won’t need it anymore. However, there are other steps you should consider before cancelling your card.

• Update your information with your credit card provider. If your income has increased, or housing has changed, or you have new contact information, share these changes with your provider. They may ask your permission to approve an increase to your credit limit .
• Request a product change or credit card upgrade. You may be able to ask your provider to switch to a higher-tier credit card if you meet new eligibility requirements. If you have a secured credit card, you may be automatically approved for an upgrade to an unsecured card. If you have a student-branded credit card, your provider might switch you to the non-student version.

Overall, hanging onto the card is a good idea since having a credit account open for a long time is good for your credit score. It can also serve as a backup credit card in case your new credit card is not accepted by a merchant for some reason.

Frequently asked questions about student credit cards

Yes. Even if you have a low credit score, or have not yet had the chance to build a robust credit history in Canada, it may be possible for you to get approved for a student credit card. You will still need to meet the issuer’s minimum eligibility requirements, which may include proof of some type of income and the existence of a Canadian credit profile.

Some student credit cards don’t require that you have an annual income to be approved. Obviously, you would need some kind of income to pay your bills. However, already having a bank account with the financial institution where you’re applying for a credit card can improve your chances of getting approved because as they’ll be able to see your assets.

About the Authors

Georgia Rose is a lead writer on the international team at NerdWallet. Her work has been featured in The Washington Post, The New York Times, The Independent and The Associated…

Shannon Terrell is a lead writer and spokesperson for NerdWallet, where she writes about credit cards and personal finance. Previously, she was a writer, editor and video host for financial…

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The State of Loyalty for Travel and Lifestyle Credit Cards in 2024

iSeatz + Skift

April 11th, 2024 at 10:10 AM EDT

Credit card loyalty programs play a unique role in shaping consumer behavior and travel spending. A new report from iSeatz explores how banks are structuring their rewards to encourage flexibility, enable choice, and unlock value for today’s consumers.

This sponsored content was created in collaboration with a Skift partner.

Credit card loyalty programs have become one of the most popular ways to access travel rewards and perks. According to Skift Research, roughly a third of U.S. Gen Z and millennial travelers book airline and hotel reservations through credit card platforms, while only a quarter use online travel agencies (OTAs).

Credit card platforms unlock significant value for consumers due to their appealing rewards and direct link to payment methods — but competition among credit card companies is fierce, with new cards and rewards frameworks launched every month, all vying for share of mind and wallet.

In a new report, “State of Loyalty: 2024 Credit Card Rewards,” iSeatz examines the availability of credit card rewards and their supporting programs in North America, leveraging publicly available information to communicate the state of the loyalty ecosystem.

The report explores how providing consumers with choice creates a sense of abundance and provides more opportunities to match their desires and aspirations. While adopting a one-size-fits-all approach may be economical, delivering bespoke products, services, and offers creates lasting value. 

“The market for travel options for card programs is getting more competitive, making it critical for banks to understand the competitive landscape,” said Dave Parsons, chief customer officer at iSeatz. “By understanding the latest trends in reward offerings, banks can differentiate their loyalty programs, driving their cards top-of-wallet.”

Focused solely on reward point redemption, the report aims to establish a benchmark for assessing redemption opportunities and engagement strategies within today’s credit card rewards landscape. It reviews North American banks and financial entities that offer travel and lifestyle rewards through their credit cards, excluding those offering solely cashback rewards. 

The report’s goal is to assist financial institutions in grasping the competitive dynamics of the current loyalty environment and crafting a rewards strategy that stands out, fostering engagement, loyalty, customer satisfaction, and retention.

“One of the key findings in the report is the continued expansion of lifestyle rewards,” Parsons said. “By offering complementary rewards like dining and activities, in addition to core travel, banks create additional opportunities for engagement and satisfaction, driving customer loyalty and lifetime value.”

In this report, you’ll also find:

• A comparison chart of travel and lifestyle rewards offerings from major credit cards
• How experiential travel rewards continue to resonate with cardholders
• How credit cards companies are expanding their portfolios to meet cardholder demand for value  
• Why portfolio expansion around sustainability-related rewards is lagging behind 
• An update on consumer sentiment around personalization and artificial intelligence (AI) 
• Key challenges and opportunities within the competitive landscape

This content was created collaboratively by iSeatz and Skift’s branded content studio, SkiftX . 

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Tags: credit cards , iseatz , loyalty programs , SkiftX Creative Studio , SkiftX Showcase: Technology , travel rewards , travel technology