3 best student-friendly credit cards of 2021
Selecting a credit card that offers benefits and does not put a hole in a student’s pocket is a big deal. They are also a great way to build a credit score while enjoying the benefits of the card. But with so many options available, choosing one can get confusing.
Bank of America® Travel Rewards for Students
If you are someone who is going to be traveling a lot during the college term, you might want to consider getting the Bank of America® Travel Rewards student card. The card promises a reward of 1.5 points for every dollar that is spent via the card. Additionally, the reward points can be redeemed for qualifying travel expenses, making flying or taking a train ride home not that big a deal. The card does not put an expiration date on the reward points and offers 25,000 welcome points to the ones who spend $1000 in the first 90 days.
Citi Rewards+SM Student Card
The Citi Rewards+SM Student Card has an amazing feature that rounds up the reward points after each purchase to the closest 10 points. Additionally, students also get 10% of their redeemed reward points for the first 100,000 points. The card comes with a welcome bonus of a $25 gift card. All you need to apply for this card is to be 18 years old or more and be enrolled in college. However, the Citi rewards card does have a 3% fee on international purchases. This might be a con for some. Otherwise, it is one of the best credit cards for students in 2021.
Deserve® EDU MasterCard for Students
One reason that the Deserve® EDU MasterCard for students is also one of the best credit cards for 2021 is that it requires no credit card history. The card is a perfect match for international students as it also does not require any social security number. The basic requirements include that the applicant should be above 18 years of age, and they need to be enrolled in college with an American bank account. Along with cashback on all purchases at 1%, users also stand to win free Amazon Prime access if they manage to spend $500 in the first three billing cycles.