Looking for the best student card offers? This article will discuss the Bank of America's Discover It(r) Student Cash back, Capital One's journey Student Rewards and Sallie Mae’s Accelerate. Discover's 100% cashback match is also included. A student credit card is an excellent investment regardless of your financial status. While you pay off the balance, you can save money and then use the money to travel.
Bank of America's Discover it(r) Student Cash Back
Discover it(r), Student cash Back credit card has a competitive cash-back rewards rate. This card provides an introductory cashback match up to 5% for purchases and offers a wide range of bonus categories. Bonus categories rotate quarterly, and you must sign up for them in order to earn rewards. You cannot earn rewards retroactively. The introductory cash back match is good for a first-time cardholder.
The Discover it Student Cash Back card is a rotating-category card that awards higher cash back for purchases in bonus categories. These categories change each quarter. Students who fulfill the criteria receive a $20 certificate credit. These categories have a $1.500 quarterly limit so it's advisable to stay within the limits. If you're planning to keep your card for longer than a year, a yearly bonus of $200 would be a good value.
Sallie Mae Accelerate
Sallie Mae Accelerate student cards can be a good choice for students who are looking for credit cards that will pay off student loans. This card provides unlimited cashback up to 1.25% on all purchases. There is no cap on the amount you can earn in cash back. It also offers a 25% bonus on cash back rewards for the first six months of use. The card is ideal for students because it allows you make timely payments.
Sallie Mae has a number of helpful tools that can be used to help you manage your account. Access your account via your smartphone. This makes it simple to pay your bills and check your statements. You can also set up alerts and create alerts. You can even pause your card from within the app. This credit card also has a number of other perks to make it the perfect student credit card.
Capital One's Journey Student Rewards
Capital One's Journey Student Reward Credit Card: This card is great for students who are planning to travel abroad this summer. No foreign transaction fees! Foreign transaction fees are eliminated! Students who travel abroad or participate in exchange programs will appreciate this huge benefit. It is possible to travel to the United Kingdom without paying any fees.
The downsides: The Capital One Journey Student Rewards annual percentage rate is extremely high and it is not the best card for balance transfers. The rewards for this credit card are not worth the high annual rate if you use it only to make purchases. The rewards program and the security it provides will be worth it if you are planning to use it for traveling. However, there are also cards with lower annual percent rates. You should consider all your options before making a decision.
Discover the 100% cashback match
Discover offers an unlimited 100% cashback match for student purchase the first year. The bonus can be redeemed as $20 in statement credit for the next five years. A $20 bonus statement credit can be earned each year for good grades. You'll also get 5% cashback in rotating categories, and 1% cashback on all purchases. This is a great deal and you will soon see some serious cash in your account.
Cashback Match is one the most appealing features of this card. This will match any cash back earned for the first year. Cashback matches are only available for the first year. This means that you will not need to make any purchases after that period. You can't get a cashback reward if you make purchases after the match period ends. This is great news for students on a budget. However, don't let this deceive you into signing for a card. It's worth trying the card before you make a purchase. You may need to purchase furniture, appliances, lighting, and other expensive items in your first year of living.