Capital One SavorOne Student Cash Rewards Credit Card
The best credit card for students with no credit is the Capital One SavorOne Student Cash Rewards Credit Card (see Rates & Fees) because it has a $0 annual fee and some of the best perks available to people with limited or no credit. For starters, new applicants who make $100 in purchases within 3 months of opening an account get an initial bonus of $50. The ongoing rewards are very good, too, with cardholders earning 1 – 8% cash back on purchases.
Discover it® Student Chrome
The best credit card for students with no credit from Discover is Discover it® Student Chrome because it has a $0 annual fee, a 0% foreign transaction fee, and great rewards. Cardholders earn 1 – 2% cash back on purchases, and Discover matches all the rewards you earn the first year your account is open.
Capital One Quicksilver Student Cash Rewards Credit Card
The best Mastercard for student with no credit is the Capital One Quicksilver Student Cash Rewards Credit Card (see Rates & Fees) because it has a $0 annual fee and rewards cardholders with 1.5 – 5% cash back. Students who spend at least $100 within 3 months of opening an account also get an initial bonus of $50. This card is available to students with limited or no credit history, too.
Discover it® Secured Credit Card
The Discover it® Secured Credit Card is a great card for building credit because it offers a $0 annual fee and very good rewards. Cardholders receive 1 – 2% cash back, and they get a bonus equal to what they earn the first year, after their first account anniversary.
Plus, since it’s a secured credit card, Discover it Secured Credit Card makes it hard for students to spend more than they can afford to repay. The card’s spending limit is equal to the amount of the refundable security deposit cardholders are required to place when opening an account. The deposit must be at least $200.
Credit Cards for College Students at a Glance
Credit cards for students with no credit usually have $0 annual fees and report account information to 1-3 major credit bureaus each month. So they’re great for building credit inexpensively. No-credit student credit cards also charge interest at a 19.67% annual rate, on average – below the market-wide average of 22.9%, according to WalletHub’s latest Credit Card Landscape Report. And many of the best student credit cards have 0% introductory APRs, great rewards or both.
Credit cards for college students with no credit tend to be much better than other credit cards for people with no credit because students have a profitable combination of youth and high earning potential on their side. Most students also have limited or no credit. So as long as your credit isn’t “bad,” and you have an active college or university email address, you should be able to get most credit cards branded for student use. That’s why our editors’ picks for the year’s best student credit cards for no credit are quite similar to the best student cards overall.
Credit Cards for Students with No Credit Comparison
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