Top 10 Student Cashback Credit Cards
Student cashback credit cards are specialized financial tools designed for students, offering rewards in the form of cashback on everyday purchases. These cards help students manage their finances while earning money back on expenses such as groceries, dining, and school supplies.
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The primary advantage of student cashback credit cards is their ability to reward cardholders for their spending, which can be particularly beneficial for those on tight budgets. These cards often come with no annual fees and lower credit limits, making them accessible for students with limited or no credit history. Additionally, they may offer introductory bonuses or higher cashback rates for specific categories, such as textbooks or public transportation. The cashback earned can be redeemed as statement credits, gift cards, or even direct deposits, providing flexibility in how rewards are used. Moreover, responsibly using a student cashback credit card can help build a strong credit history, which is crucial for future financial endeavors like renting an apartment or applying for loans.
Discover it® Student Cash BackView AllDiscover it® Student Cash Back - Student credit card with cashback and no annual fee.
Chase Freedom® Student credit cardView AllChase Freedom® Student credit card - No annual fee, rewards on purchases, credit-building benefits.
Bank of America® Cash Rewards Credit Card for StudentsView AllBank of America® Cash Rewards Credit Card for Students - Student card with cashback on purchases, no annual fee.
Capital One SavorOne Student Cash Rewards Credit CardView AllCapital One SavorOne Student Cash Rewards Credit Card - No annual fee, cashback on dining and entertainment.
Citi Rewards+℠ Student CardView AllCiti Rewards+℠ Student Card - Student credit card with points rounding and no annual fee.
Wells Fargo Cash Back College℠ CardView AllWells Fargo Cash Back College℠ Card - Student credit card with cash back rewards.
Deserve® EDU Mastercard for StudentsView AllDeserve® EDU Mastercard for Students - Student credit card with no fees, cash back rewards.
Journey® Student Rewards from Capital One®View AllJourney® Student Rewards from Capital One® - Student credit card with cashback rewards and credit-building tools.
Petal® 2 "Cash Back, No Fees" Visa® Credit Card;Capital One Quicksilver Student Cash Rewards Credit Card.View AllPetal® 2 "Cash Back, No Fees" Visa® Credit Card;Capital One Quicksilver Student Cash Rewards Credit Card. - Petal® 2: No fees, cash back rewards. Quicksilver Student: Student cash back rewards.
Top 10 Student Cashback Credit Cards
1.
Discover it® Student Cash Back
The Discover it® Student Cash Back is a credit card designed for students, offering 5% cash back on rotating quarterly categories and 1% on all other purchases. Benefits include no annual fee, an introductory 0% APR on purchases for six months, and a dollar-for-dollar match of all cash back earned in the first year. Additionally, it provides tools for building credit, such as free FICO® score access, and rewards for good grades, making it an ideal choice for students looking to establish credit.
Pros
Cashback rewards- No annual fee
- Good grades reward
- Introductory APR
- Freeze it® feature.
Cons
Limited 5% categories- Foreign transaction fee
- Requires fair credit
- Limited acceptance abroad
- Potential high APR after intro period.
2.
Chase Freedom® Student credit card
The Chase Freedom® Student credit card is designed to help students build credit while earning rewards. It offers 1% cash back on all purchases, with no annual fee. Cardholders can earn a $50 bonus after making their first purchase within the first three months. The card also includes features like free access to your credit score, no penalty APR, and automatic credit line reviews for potential increases. Ideal for students starting their credit journey responsibly.
Pros
- No annual fee
- Rewards on purchases
- Good for building credit
- Simple cashback program
- Introductory APR offer.
Cons
- Limited rewards categories
- Low credit limit
- High APR after intro period
- Foreign transaction fees
- Requires good financial habits.
3.
Bank of America® Cash Rewards Credit Card for Students
The Bank of America® Cash Rewards Credit Card for Students is designed to help students build credit while earning rewards on everyday purchases. It offers 3% cash back in a category of your choice, 2% at grocery stores and wholesale clubs (up to $2,500 in combined quarterly purchases), and 1% on all other purchases. With no annual fee, this card provides a practical way for students to manage expenses and gain financial literacy while enjoying cash-back benefits.
Pros
- 3% cash back in a chosen category.
No annual fee.
Intro APR on purchases.
$200 online cash rewards bonus.
2% cash back at grocery stores.
Cons
- Foreign transaction fees.
High regular APR.
Limited bonus categories.
Minimum redemption amounts.
Rewards capped at $2
- 500 per quarter.
4.
Capital One SavorOne Student Cash Rewards Credit Card
The Capital One SavorOne Student Cash Rewards Credit Card is designed for students seeking to build credit while earning rewards. It offers 3% cash back on dining, entertainment, popular streaming services, and at grocery stores, plus 1% on all other purchases. With no annual fee and no foreign transaction fees, it's a cost-effective choice for students. Additionally, responsible use can help build credit history, making it a practical option for young adults starting their financial journey.
Pros
- No annual fee
-
3% cash back on dining
-
3% cash back on entertainment
-
3% cash back at grocery stores
-
1% cash back on all other purchases.
Cons
- High APR for unpaid balances
-
Foreign transaction fees
-
Limited international acceptance
-
Requires good credit
-
Low initial credit limit.
5.
Citi Rewards+℠ Student Card
The Citi Rewards+℠ Student Card is a credit card designed for students, offering 2X ThankYou® Points at supermarkets and gas stations for the first $6,000 per year, and 1X points on all other purchases. Unique to this card, every purchase is rounded up to the nearest 10 points. It also features a 0% introductory APR on purchases for the first 7 months, making it a great option for students looking to build credit and earn rewards.
Pros
- No annual fee
- Easy rewards earning
- Round-up rewards feature
- Intro APR on purchases
- Flexible redemption options.
Cons
-
Foreign transaction fee
- Limited travel rewards
- High APR after intro period
- Requires good credit
- Limited benefits compared to other cards.
6.
Wells Fargo Cash Back College℠ Card
The Wells Fargo Cash Back College℠ Card is a student credit card designed to help college students build credit while earning rewards. It offers 3% cash back on gas, grocery, and drugstore purchases for the first six months, and 1% cash back on all other purchases. With no annual fee, it includes benefits like cell phone protection and access to online financial education tools, making it a practical choice for students managing their finances.
Pros
- No annual fee
- 3% cash back on select categories for first 6 months
- 1% cash back on all purchases
- cell phone protection
- free access to credit score.
Cons
- High APR
- limited introductory rewards period
- no sign-up bonus
- foreign transaction fees
- limited rewards flexibility.
7.
Deserve® EDU Mastercard for Students
The Deserve® EDU Mastercard for Students is a credit card designed specifically for college students, offering 1% cash back on all purchases. It requires no credit history or security deposit, making it ideal for those new to credit. Benefits include Amazon Prime Student subscription reimbursement (up to $59) and no foreign transaction fees. The card helps students build credit responsibly while enjoying various perks tailored to their needs.
Pros
- No annual fee
- 1% cashback
- no SSN for international students
- cell phone protection
- Amazon Prime Student offer.
Cons
-
High APR
- limited credit limit
- no intro APR
- no rewards categories
- no travel perks.
8.
Journey® Student Rewards from Capital One®
Journey® Student Rewards from Capital One® is a credit card designed specifically for students looking to build their credit history while earning rewards. Cardholders earn 1% cash back on all purchases, with the opportunity to boost it to 1.25% each month they pay on time. The card has no annual fee, offers flexible payment options, and provides access to credit monitoring tools to help students manage and improve their credit responsibly.
Pros
- 1% cash back
- no annual fee
- rewards for on-time payments
- accessible to students
- no foreign transaction fees.
Cons
- High APR
- limited rewards categories
- no intro APR
- limited travel benefits
- requires fair credit.
9.
Petal® 2 "Cash Back, No Fees" Visa® Credit Card;Capital One Quicksilver Student Cash Rewards Credit Card.
The **Petal® 2 "Cash Back, No Fees" Visa® Credit Card** is designed for individuals seeking a straightforward rewards card with no fees. It offers 1% cash back on purchases, increasing up to 1.5% after 12 on-time payments, and up to 10% cash back at select merchants.
The **Capital One Quicksilver Student Cash Rewards Credit Card** is tailored for students, providing unlimited 1.5% cash back on all purchases. It features no annual fee and helps build credit while earning rewards on everyday spending.
Pros
- **Petal® 2 "Cash Back
- No Fees" Visa® Credit Card:**
Cons
- High APR
- No 0% intro APR
- Limited rewards categories
- Requires good credit
- No travel benefits