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 match of 100% cashback will also be discussed. 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 Discover It(r) Student Cashback
Discover it(r), Student cash Back credit card has a competitive cash-back rewards rate. The card comes with an introductory cash back match up to 15% on purchases. There are many bonus categories. Each quarter, bonus categories change and you have to sign up in order for rewards. Rewards cannot be earned retroactively. For first-time cardholders, you will get the introductory cash back match.
Discover it Student cash Back card, a card with rotating categories that gives higher cash back on purchases made in bonus areas, is available. These categories change every quarter. Students who meet the category requirements earn a $20 statement credit. These categories are subjected to a $1.500 quarterly cap. It is best to limit your spending. A $200 bonus each year is a good deal if you plan on keeping your card for more time than one.
Sallie Mae Accelerate
Sallie Mae's Accelerate student credit card is a great option for student debt repayment. This card gives 1.25% unlimited cash back on all purchases and has no cap on the amount of cash back you can earn. In addition, the card offers 25% cash back rewards and 1.25% unlimited cash back on all purchases for the first six month. The best thing about this card is that it's designed for students and allows them to make timely payments.
Sallie Mae Accelerate student cards offer a range of useful tools to help you manage your account. Accessing your account through your smartphone is easy. It's simple to pay your bills, review your statements, set up notifications, and other tasks. You can also pause your card right from the app. The credit card is also perfect for students because it offers a variety of perks.
Capital One's Journey Student Reward Program
Capital One's Rewards Credit Card for Students: This card is perfect if you are a student and plan on going 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. 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. If you plan on using this credit card only for purchases, you'll find that the rewards are not worth the high annual percentage rate. 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. You should be aware that other cards have lower annual percentages. Before you make a decision, it is important to consider all of your options.
Discover 100% Cashback Match
Discover's 100% cashback match is unlimited for student purchases the first year. The bonus can be redeemed as $20 in statement credit for the next five years. You can also earn $20 in statement credits each year if you have good grades. Plus, you'll earn 5% cash back in rotating categories and 1% cash back on all purchases. It's a great deal! You'll soon begin to see serious cash back in the 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. After that, you can't expect a cashback reward for purchases made after the match period has expired. This is great news for students with limited funds. Don't let this fool you into signing up to a card. It's worth trying the card before you make a purchase. In the first year of your life, furniture, appliances and lighting may be necessary.