Finances

Student credit cards for no credit: top 4 options

Find out the difference between a regular and a student credit card for no credit. See the benefits of student cards to pick one. Keep reading!

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Get a student credit card even if you have no credit and improve your finances

Charming young man with beard and long hair showing yellow credit card over eyes.
Know why you should get a student card to start building your credit. Keep reading! Source: Adobe Stock

If you’re in college, you know that it can be tough to manage your money. But there are some student credit cards for no credit that might give you a hand on that.

Between tuition, books, and living expenses, it’s easy to fall behind. However, with a student credit card, you can build up your score and start improving your financial situation.

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So, if you are a student looking forward to knowing what card to choose, even if you have no credit, read on for tips!

What is the difference between a student card and a regular card?

The main difference between a student card and a regular card is that student cards are easier to get approved.

Also, they usually offer more discounts on goods and services. For example, many stores offer a 10% discount on student cards.

So do entertainment businesses such as theaters, cinemas, and concerts.

Student cards typically have lower interest rates than regular credit cards, which can be an excellent way to build your credit.

Still, they have more rewards programs, and you might earn points for every dollar you spend.

They usually have lower annual fees and might come with added benefits such as extended warranties and free insurance.

Is it possible to get a credit card as a student with no credit?

Many students think getting a credit card without a credit history is impossible.

However, student credit cards for no credit are common- most don’t require a credit history or even a co-signer.

You can qualify for a student credit card even with no income.

The best student credit cards for no credit have low-interest rates and generous rewards programs.

However, with so many credit cards on the market, finding one that fits your needs can be challenging.

Luckily, we have gathered this list of 4 student-friendly cards. Check them out below!

4 best student credit cards for no credit: build your credit history!

In the list we’ve prepared, you’ll find four student credit cards for no credit, others with rewards such as cashback and discounts, and much more.

Their apps are available for Androids and iPhones, so you can check balances, see expenses history and make payments online. Great, right?

These cards report to three bureaus of credit. So they will help you build your score and become a more appealing customer in the future.

Let’s have a look at what each of them has to offer.

1. Discover® it Student Cash Back

Discover it card
Learn why this student card is good for you. Read on! Source: Discover it

Let’s start with Discover® it Student Cash Back. It is a credit card with no credit score requirements, no annual fee ($0), and 5% cashback.

It’s great for students because it’s low maintenance and helps you save money with cash back on purchases, restaurants, gas stations, and other stores.

You might still get cash back in other selected categories. Have a look at this card’s main features:

  • Credit Score: none
  • Annual Fee: $0
  • Regular APR: 0% intro APR for purchases in the first six months; then 14.49% to 23.49% variable APR based on your creditworthiness. Also, 26,49% for a cash advance
  • Welcome bonus: none
  • Rewards: up to 5% cash back

Multiple personalized credit card offers

Applying won't hurt your credit score

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2. Capital One Quicksilver Student Cash Rewards Credit Card

Quick Silver card
See how Quicksilver can help you create a credit history. Keep reading! Source: Capital one

Capital One Quicksilver Student Cash Rewards Credit Card takes applicants with fair credit scores and has no annual fee.

You’ll earn 1.5% unlimited cash back on purchases with this card. That extends to travel, with 5% for accommodations and car rentals.

As a new applicant, you might get a $100 extra cash bonus if you spend $100 within three months of the account.

However, this offer is limited, so you’d better see the terms on their website.

You can redeem your cash back for any amount if you set up automatic cash back.

Check out the overview for this student credit card:

  • Credit Score: fair
  • Annual Fee: $0
  • Regular APR: 16.49% – 26.49% variable APR for purchases
  • Welcome bonus: $100 if you spend at least $100 within three months
  • Rewards: 1.5% unlimited cash back for purchases
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How to apply for Capital One Cash Rewards

Learn today how to apply for the Capital One Quicksilver Cash Rewards card and enjoy cash back without worrying about annual or foreign transaction fees.

3. Bank of America® Travel Rewards credit card

If you are studying abroad, this might be the card for you. Bank of America® Travel Rewards credit card charges no foreign fee transaction and no annual fee.

The 0% introductory APR is perfect for students because it allows you to save money in the first year and use credit more responsibly.

In addition to that, it comes with a sign-up bonus. You can earn about 25.000 online bonus points if you make up to $1000 purchases with this card in the first 90 days of your account.

So, if you’re a student abroad, you’ll probably have to cope with high expenses.

Then this card might be handy because of the $0 annual fee, plus its signing bonus, which relies on your payments.

Still, it allows you to collect points and exchange them for rewards. You can earn 1.5 points for each dollar you spend on purchases.

And if you stay in the country, it still serves as a good credit card for students with no credit.

Let’s have a look at its main features:

  • Credit Score: none
  • Annual Fee: $0
  • Regular APR: 0% intro APR for purchases in the first 15 months; 16.24%-26.24% variable standard APR 
  • Welcome bonus: up to 25.000 points in the first 90 days of the account
  • Rewards: depends on points

4. Deserve® EDU Mastercard for Students

Last, let’s have a look at Deserve® EDU Mastercard for Students. This card offers many benefits, including cashback and no foreign transaction fee.

Deserve® EDU Mastercard for Students differs from the others because it comes with Amazon Prime Student for a year.

So, make sure you check the terms if you get interested. Also, it offers up to 1% cash back on everyday purchases.

On the other hand, remember to pay your bills on time to avoid their late payment fee.

Staying up to date will also help you increase your score. See the main features of the Deserve® EDU Mastercard for Students:

  • Credit Score: fair
  • Annual Fee: $0
  • Regular APR: 20.24% variable APR for purchases
  • Welcome bonus: none
  • Rewards: up to 1% cash back

Now you’ve got four student credit card options that can help you build your credit history.

As final guidance, remember that everyone’s situation is different, so choose the card that best suits your reality.

However, there are plenty of good student options for a low or zero annual fee and excellent reward conditions.

If you like these tips, check out our article about the Deserve® EDU Mastercard for Students. Keep reading!

Deserve® EDU Mastercard for Students review

How to apply for Deserve® EDU Mastercard

The Deserve® EDU Mastercard for Students comes with a range of benefits that can help you manage your finances and build your credit history. Keep reading!

About the author  /  Suzana Brito

I'm a Language Studies graduate and have always been interested in writing and sharing knowledge. By creating content about finances and related products, I believe in contributing to people achieving financial freedom and their goals in life.

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