Best Student Credit Cards

Best student credit cards 2022

Credit Cards

Student credit cards are an excellent way for college students to build a credit history. Young adults who use their credit cards wisely can save some money with a variety of rewards programs. Points and cash back rewards are two of the most popular programs offered for college student credit cards.

Table of Contents

Discover® Student Cash Back

student credit cards

5% cash back at places you love to shop

Students earn 5% cash back on everyday purchases during the school year (and all year long) at different places each quarter, such as

Grocery stores


Gas stations

When you pay using PayPal

up to the quarterly maximum when you activate.

And all your other purchases still earn 1% cash back automatically, with no limit.

Intro Purchase APRRegular APRBalance TransferAnnual FeeRewards
0% for 9 months*15.24% – 24.24% Variable*N/A$05%Cashback

Discover® Chrome for Students

student credit cards

2% cash back at gas stations and restaurants

Earn 2% cash back at

gas stations

restaurants (including cafes and fast food)

on up to $1,000 in combined purchases each quarter.

Plus, earn unlimited 1% cash back on all other purchases like books, groceries, and college staples with the student Discover card designed for your lifestyle, on campus and off.

Intro Purchase APRRegular APRBalance TransferAnnual FeeRewards
0% for 6months*15.24% – 24.24% Variable*N/A$02%Cashback

Best student credit cards summary

Many student credit cards have no annual fee, offer points or cash bonuses, and 0% APR on balances and in some cases on balance transfers. It’s very important for students to spend as much money as they can pay off every month in order to establish a good credit history and not get into debt. If young people have no experience in managing their expenses then spending interest-free money (even if it is only for a limited period) or chasing more rewards can lead them to serious financial problems.

Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are the author’s alone, not those of American Express, and have not been reviewed, approved, or otherwise endorsed by American Express. Excellent Credit Cards may be compensated through American Express Affiliate Program.

Please note that Excellent Credit Cards has financial relationships with some of the merchants mentioned here. Excellent Credit Cards may be compensated if consumers choose to utilize the links located throughout the content on this site and generate sales for the said merchant. We are not compensated for positive reviews.
The article was updated on 22/9/2022. The article was believed to be accurate during that time. Some information may have changed since that date. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies credit card applications.