A student credit card is a great first step in establishing a good credit history. Building good credit might not seem like a priority when you're still in school, but you'll need it down the road if you want to finance a car, buy a house or qualify for the best credit card offers. Your credit can even affect your job prospects and your ability to rent an apartment.
Be aware that simply being a college student may not be enough to qualify you for a “student” card. You’ll generally need access to income, and if you have shaky credit or no credit history at all, you may find it hard to get approved. In that case, consider a secured credit card. These cards require you to put down a cash deposit as collateral. The deposit protects the issuer in case you fail to pay your bill, which reduces the risk of approving you for a card.
Some of our selections for the best college student credit cards can be applied for through NerdWallet, and some cannot. Below, you'll find application links for the credit cards from our partners that are available through NerdWallet, followed by the full list of our picks.
Discover it® Student Chrome: Best for Simplicity and value
Capital One SavorOne Student Cash Rewards Credit Card: Best for Bonus cash-back categories
Discover it® Student Cash Back: Best for Rotating bonus categories
Bank of America® Travel Rewards credit card for Students: Best for Travel rewards (for those with established credit)
Capital One Quicksilver Student Cash Rewards Credit Card: Best for Flat-rate cash back
Discover it® Secured Credit Card: Best for Secured card
|Annual fee||Rewards rate||Intro offer|
Whether you want to pay less interest or earn more rewards, the right card's out there. Just answer a few questions and we'll narrow the search for you.
Whether you want to pay less interest or earn more rewards, the right card's out there. Just answer a few questions and we'll narrow the search for you.
Before applying, confirm details on the issuer’s website.
Our pick for: Simplicity and value
Simplicity makes the Discover it® Student Chrome a standout for students searching for their first credit card. You'll earn bonus cash back at restaurants and gas stations with no activation required and no rotating categories to keep track of. Read our review.
Our pick for: Bonus cash-back categories that rotate
The Discover it® Student Cash Back gives students the same excellent rewards as the regular Discover it® Cash Back — notably, bonus cash back in rotating categories that you must activate. Activating and tracking categories might be too much of a hassle for some students brand new to credit cards, but if you're up for a little work, the rewards can be handsome. Read our review.
Our pick for: Bonus cash back categories that stay the same
Among cards aimed at students, the $0-annual-fee Capital One SavorOne Student Cash Rewards Credit Card is near the head of the class. It earns 8% cash back on Capital One Entertainment purchases and 3% back in a variety of popular spending categories for students — including dining, entertainment purchases, eligible streaming services and grocery store purchases — which is a better deal than you'd find on many cards requiring annual fees or sterling credit (see rates and fees). Read our review.
Our pick for: Flat-rate cash back
The Capital One Quicksilver Student Cash Rewards Credit Card gets high marks for cards in its class, thanks to its $0 annual fee and its no-fuss rewards rate: 1.5% cash back on all purchases (see rates and fees). That's as good a combo as you'd find on even a lot of non-student cards. Read our review.
Travel rewards (for those with established credit)
The Bank of America® Travel Rewards credit card for Students offers largely the same benefits and features as the regular version for non-students, making it an excellent option for those who love to travel. It requires good credit, however, which can be a significant barrier to those just starting out with credit. Read our review.
Our pick for: Secured card
Like other secured credit cards for people building or rebuilding credit, the Discover it® Secured Credit Card requires a cash security deposit. Unlike most others, it offers rewards. But what really makes it stand out from the competition is its upgrade possibilities. The issuer has a process in place for automatically reviewing accounts for possible transition to an unsecured card. Read our review.
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By Melissa Lambarena, NerdWallet
Building credit might not seem like an urgent priority when you're still in school, but the earlier you start the clock on your credit history, the better. Having good credit will be important down the road when you want to buy a home or get a car loan, but there are even more immediate benefits. For example, good credit can improve your chances of landing a job or renting an apartment.
Your credit history, detailed in your credit report and summarized by credit scores, shows how well you've handled borrowed money — and using a credit card responsibly is one of the quickest and easiest ways to build credit. Among the situations in which good credit comes in handy:
Borrowing money. Whether you’re applying for a credit card, car loan, personal loan, mortgage or other loan, good credit can be the difference between approval and rejection. Further, good credit can qualify you for lower interest rates, which saves you money.
Renting an apartment. When you submit an application to rent an apartment, the landlord may look at your credit score to gauge how likely you are to pay your rent on time.
Setting up utilities. Utility companies commonly check customers' credit history. If you have bad credit or no credit history, your power company or water utility might require you to pay a deposit or get a letter of guarantee from someone who agrees to pay your bill if you can't.
Getting hired: Depending on your profession, you might need good credit to pass an employment screening. Some employers check credit, especially for jobs that require handling other people's money.
Starting a business: Some creditors look at your personal credit score when you’re trying to establish business credit. If you dream of starting a business or want to keep the door open to this possibility, a good credit score can keep interest rates affordable.
NerdWallet gives you free access to your credit score. Checking doesn't affect your score.
Simply being a college student isn't enough by itself to qualify for a student card. Here's what you need to know.
Student status might (or might not) matter. Check the card's terms and conditions on the issuer's website for application eligibility.
Federal law limits who can get credit cards under age 21. Issuers are prohibited from providing cards to people under 21 unless they have proof of independent income or a co-signer — someone who agrees to be responsible for the debt if the primary cardholder doesn't pay the bill. This can be a roadblock since most major credit card issuers don’t allow co-signers.
Those 21 or over are also required to provide proof of income. However, they can list any income to which they have “reasonable expectation of access.”
Bad credit is usually a dealbreaker. Student credit cards are designed for people with little or no credit history. If you have bad credit because of missed payments or other missteps, you probably won’t qualify for a student card on your own. In that case, look to a card specifically designed for people with bad credit.
If you're under 21 and can't qualify on your own: Have a parent add you as an authorized user on one of their cards. Authorized user status can help you build a credit history. You'll get a card with your name on it that you can use for purchases, but your parent is legally responsible for the debt.
If you're over 21 and still have trouble qualifying: Even with a full-time income, it can be hard to qualify for a traditional credit card if you lack a credit history.
Some startup companies have begun offering credit cards for people with no credit or limited credit. These issuers use alternative methods to evaluate applications — looking at income, employment status and assets rather than credit history, for example.
If you can’t clear any of these hurdles and you want to start building credit: Some rent-reporting services will report your rent payments to credit bureaus for a fee. It can be more affordable than coming up with a deposit for a secured credit card. Being able to prove a good payment history might even help you qualify for a credit card in the future.
If you've already established credit and have independent income: Consider bypassing student cards entirely. You might qualify for a credit card that offers better rewards, a generous sign-up bonus or lower interest. If you don't yet meet the criteria for such cards, you can look forward to these options once you establish good credit.
Student credit cards generally don't offer the same rewards and perks as “regular” credit cards. That's OK — the main purpose of student cards is to build credit with the goal of qualifying for better cards down the line. A good student credit card will save you money and report to all three credit bureaus (more on that below); rewards on top of that are just a bonus.
Here are some factors to consider as you shop around.
The student credit card you choose should report to all three credit bureaus: TransUnion, Experian and Equifax. These companies gather the information used to calculate credit scores. That's why you want your good payment history recorded by all of them. All of our recommended student cards report to all three bureaus.
It’s ideal to avoid an annual fee when you're on a student budget. In addition to keeping costs low, a no-annual-fee card makes it easier to keep an account open once you build enough credit to move on to better credit cards. Without an annual fee, you can keep your original credit card open to keep the length of your credit history and benefit your credit score.
Cards designed for people new to credit tend to have higher interest rates, so it's best to pay your bill in full each month, which allows you to avoid paying interest entirely. However, some student cards give you an introductory 0% interest period, which can be helpful if you have a big purchase you'll need a few months to pay off.
If you’re hoping to earn points or cash back for your spending, look for a card that offers a rewards rate of at least 1%. Some student credit cards are more generous, but 1% is a decent rate for a starter card. You’ll get more value if you choose a card whose rewards align with your spending. Some cards also offer a sign-up bonus. These incentives can potentially defray the cost of your college expenses, but only if you’re not overspending to earn them. If you do choose a student credit card with rewards, use it only for those purchases you already make within your budget.
Foreign transaction fees are surcharges on purchases made outside the country, usually 1% to 3% of the total amount of a transaction. That can represent a serious hit to a student budget if you're spending a full semester in a study abroad program. If you plan to travel outside the U.S., look for a student credit card that doesn't charge foreign transaction fees. Some issuers, including Discover and Capital One, don't charge these fees on any of their cards.
Another consideration when studying abroad is how easily you can use your credit card. Visa and Mastercard are widely accepted worldwide, but American Express and especially Discover are less so.
If you're having a hard time qualifying for a student credit card, consider a secured card. These cards require a security deposit, which is usually equal to your credit limit. Minimum deposit requirements tend to be $200 to $300, but some can be as high as $500. Pulling together the deposit can be an obstacle on a student income, so you may have to save up for it, or ask someone to help out. You get your deposit back when you close your account in good standing or upgrade to a “regular” credit card with the same issuer. See our best secured credit cards.
Once you've been approved for a credit card, you’re ready to get to work building credit. Here’s how to use your card to your advantage:
Buy only what you can afford. It can be tempting to charge a night out with friends, for example, when you don't have the cash on hand to cover it. But if such spending becomes a habit, it will be costly.
Pay on time and in full every month to avoid interest. Use your card as a tool for building good credit, not for spending money you don't have. Use it for small purchases you can afford to pay back on time and in full every month to keep your card’s grace period in effect. You’ll maintain control of your budget and save money on interest.
If you can’t pay your full balance, pay more than the minimum. In circumstances when it’s not possible to pay your full balance, at least pay more than the minimum amount due. You’ll make more progress toward eliminating your debt.
Use only a portion of your available credit. Your card might have a credit limit of, say, $1,000, but it's not wise to use the full $1,000. Keep your balance under 30% of your limit to maintain a good credit utilization ratio and protect your score. As a student, you probably won’t get a high credit limit anyway, so use your card primarily for smaller purchases.
Be strategic with your sign-up bonus and rewards. If your student credit card offers a sign-up bonus, planning your application around upcoming expenses can help you meet the bonus requirements without additional spending. Choosing a credit card with rewards that match your spending will also prove more fruitful for your wallet.
Keep your account open if possible. If your credit card doesn’t charge an annual fee, keep it open to maintain the length of your credit history and your credit score. Closing a credit card can end up hurting the score you’ve worked hard to build.
Once you boost your credit score into the good-to-excellent range, you're more likely to be approved for regular, non-student credit cards with richer rewards and enhanced features. After you graduate and begin working (or move on to graduate school), consider your options with your student credit card:
Keep using it. In most cases, you can hold onto your student card even after you graduate. If there's no annual fee on the card, there's no harm in keeping the account open and continuing to use it. However, a different card might provide better rewards or a lower interest rate.
Upgrade it. Ask your issuer whether you can switch your account to a different card through a so-called product change. Doing so allows you to move to a card that better suits your needs while keeping the account open. That's beneficial to your credit score because it helps preserve the length of your credit history.
Replace it. If you're paying an annual fee on a student card you don't plan to continue using, and the issuer won't upgrade you, you're probably better off applying for a better card and (once approved) closing the student card account.
Keep it — but in a drawer. If you can't (or choose not to) upgrade the card but you aren't paying an annual fee, it's smart to keep the account open even after you apply for other cards. Your credit score will benefit. Use a simple "autopay and everyday" strategy to keep your account active with one purchase — or several — throughout the year.
» MORE: 5 credit card tips for students
Last updated on December 6, 2023
NerdWallet's Credit Cards team selects the best credit cards for college students based on overall value, as evidenced by star ratings, as well as their suitability for specific kinds of students. Factors in our evaluation include annual fees, rewards programs (both earning rates and redemption options), promotional and ongoing APRs, bonus offers for new cardholders, incentives for responsible behavior, free credit scores and other credit education, 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. Learn how NerdWallet rates credit cards.
In general, college student cards can be easier to qualify for than regular cards because they are specifically designed for people just starting out with credit. If you don’t have much of a credit history — if you’re a so-called “thin file” consumer — you’ll have trouble getting approved for many credit cards. The approval process for a student card, on the other hand, might de-emphasize credit history in favor of other criteria that suggest you’re a good credit risk, including your income and the fact that you’re in college studying toward a career.
Often, college student cards offer features of special interest to people new to credit. These include incentives for responsible behavior, like a reward for always paying on time. They may also come with a free credit score and tools to help you learn to manage credit responsibly.
Note, however, that while student cards might be more forgiving of an applicant with no credit history, they’re not for people with bad credit. If your credit score has taken a serious hit from mistakes you’ve made or from simple bad fortune, look to a card designed for “rebuilding” credit, such as a secured card, rather than a card for “establishing” credit, like a student card.
It’s harder than it used to be to get a credit card as a student, especially for those who don’t have significant income they can report on their application.
There was a time when college students had very little trouble getting credit cards. Looking to build relationships with a desirable demographic — college-educated consumers with high earning potential — issuers flooded campuses with applications and would even offer incentives like a free pizza or T-shirt for opening an account. Students could get approved for a wallet full of cards even without income. Millions of students got started building credit this way, but many also ended up getting into trouble, running up debts they couldn’t repay.
This kind of marketing ended with the Credit Card Act of 2009, a federal law that prohibited issuers from giving cards to people under 21 unless those people had independent income or a co-signer to guarantee their debt.
In general, you need to be at least 18 to get a credit card account in your own name. (People younger than that can be an authorized user on someone else’s account.) However, there are special rules that apply to credit card applicants under age 21.
If you’re under 21 years old, you must be able to show on your application that you have independent income (such as from a job, allowance or scholarships and grants), or you must have someone else agree to co-sign your application. (A co-signer is someone who agrees to pay your bill if you don’t.) This is a requirement in federal law, designed to prevent issuers from giving credit cards to young people who have no means of paying for their charges.
If you’re 21 or over, you still have to show that you have income, but you can include all income to which you have “reasonable expectation of access.” That includes your own income but also income from a spouse, partner or other member of your household.
Having a job may improve your chances for being approved for a student credit card, but what’s most important is having income. If you’re under 21, you’ll need to show that you have independent income (such as from a job, allowance or scholarships and grants), or you’ll need to get a co-signer for your application. If you’re 21 or older, you can include any income that you have access to. Learn more about which income you can include on a credit card application.
Alternatives to getting a student credit card include:
Becoming an authorized user. An authorized user is essentially piggybacking on someone else's credit card account (usually a parent's). You get a card with your name on it, but the primary cardholder is legally responsible for paying the bill. Authorized-user status can help you build credit if the issuer reports activity on the account in your name as well as in the name of the primary cardholder.
Finding a co-signer. A co-signer on a credit card is someone who agrees to pay the debt on the card if the primary cardholder does not. Most major credit card issuers no longer allow co-signers, but smaller banks and credit unions often do. Having a co-signer can make it possible to qualify for a card you couldn't get on your own.
Applying for a secured card. Secured cards are designed for people with bad credit or no credit. You put down a cash security deposit, and you get a card with a credit limit that's usually equal to your deposit. The card works like any other credit card — you charge purchases and then pay them off — but if you fail to pay your bill, the issuer can take your deposit to satisfy the debt. When you close or upgrade the account, you can get your deposit back. See NerdWallet's best secured cards.
Using a prepaid debit card. If your primary concern is the convenience of paying with a card rather than cash or checks, a prepaid debit card can be a suitable alternative. With prepaid debit, you "load" money onto the card, and your purchases are paid for out of that money. However, because a prepaid debit card does not involve borrowing money, it won't build your credit like a credit card would. See NerdWallet's best prepaid debit cards.