Looking for the best student credit 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 will be explained. No matter your financial situation, a student card is a wise investment. You can save money, pay off the balance and travel with the money.
Bank of America's Discoverit(r) Student Money Back
The Discover it(r) Student Cash Back credit card offers a competitive cash back rewards rate. The card offers an introductory cashback match of up to 5 percent on purchases, and a variety of bonus categories. You must sign up to receive rewards in the bonus categories that rotate every quarter. You cannot earn rewards retroactively. For first-time cardholders, the introductory cashback match is valid.
Discover it student cash back card offers higher cashback on purchases in bonus category. These categories change each quarter. Students who meet the category requirements earn a $20 statement credit. These categories have a $1.500 quarterly limit so it's advisable to stay within the limits. A $200 bonus per year would be an excellent value if your card is to be kept for more than one calendar year.
Sallie Mae Accelerate
Sallie Mae student credit cards will help students pay off student loan debts. This card allows you to earn unlimited cash back and 1.25% cash back on all purchases. You will also receive a 25% bonus for your first six months of card 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. You can access your account from your phone, making it easy to pay your bills, check your statements, set up alerts, and more. From the app, you can also pause or suspend your card. This credit card also has a number of other perks to make it the perfect student credit card.
Capital One's journey student rewards
The Benefits of Capital One's Journey Student Rewards Credit Card: If you're in college and are going abroad for the summer, you'll love this card! No foreign transaction fees! You'll never have to worry about 3% foreign transaction fees again! Students studying abroad or participating on exchange programs have this great advantage. You can travel to the United Kingdom, spend money and not worry about 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. If you intend to use the card for travel, however, you will love the rewards program as well as the peace of mind it provides. Be aware that there are cards with lower annual percentages. You should weigh all your options before you make a final decision.
Discover 100% Cashback Match
Discover's 100% cashback match to student purchases is unlimited for the first one 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. Additionally, you will receive 5% cash back in rotating category and 1% cashback for all purchases. That's quite a good deal, and you'll soon start seeing some serious cash back in your account.
The Cashback Match is one of the most attractive features of the card. It will match any cash you earn in the first year. The cashback match period is the first year, so you'll only need to make your first purchases within that timeframe. You won't receive a cashback reward after the match has ended. This is great news for students with limited funds. But don't let this lure you into signing up for a card. Before you buy a lot of expensive items, it's worth trying out the service. In your first year, you may need furniture, lighting, and appliances.