Have you ever used a credit card? If not, you have got someone around you with one. It’s many people’s misconception that only rich people get this. They do but are not the only ones. Since everyone can ask for a loan, banks or financial institutes allow many credit cards.
Even students are in the queue. I was amazed to know that for the first time. Want to share the cash outflow pressure with a new chip card? It would be wise sometimes.
So, let’s know about how renowned credit cards may support your monthly tolls along with abundant benefits during your student life.
10 Best International Credit Cards for students
Check out the credit cards and their services, get an idea, and pick the suitable one for you.
Deserve EDU Mastercard for Students
If your worry is about not having a social security number, you’ve got Deserve EDU Mastercard! The card is an award winner by Fast Company, Money, and NerdWallet. What one may enjoy with this card is a big list. Let’s put a glance now:
- Each purchase gives 1% cashback.
- Cell phone protection, highest $600.
- No deposit, no annual fee.
- Travel worry-free with zero international transaction fees.
- Not required Social Security Number
- Multiple and advanced operations like automatic payment by using the app
- Mastercard Platinum Benefits
Capital One Journey Student Credit Card
Students get the chance to apply for this credit card with ITIN (Individual Taxpayer Identification Numbers) instead of SSN. Like the EDU Mastercard, this cardholder also receives 1% back in the purchase and no annual fee, nil foreign transaction free.
.25% adds in cashback if the credit card payment is clear on time. From streaming services, $60 credit comes for the approved applicants in 1st 18 months timeline. 5% increment adds up on that further each month. Capital One reviews the account in 6 months intervals.
Bank of America Travel Rewards Credit Card for Students
It’s the best-voted bank for college students in America and quite suitable for a US citizen to carry in aboard. The service gives $250 on spending a thousand dollars within the first 3 months. Enjoy this reward on travel purchases during your research period.
Also, the APR appears to be beneficial, and it’s better for the people who are creditworthy to the service provider. There are 1.5 points for every $1 expenditure that comes back as a good credit with no expiration.
American Express Blue Cash Everyday
If you are a student from any of these countries- India, Mexico, UK, Australia, or Canada, this is the one to look for.
Get a better APR (0% for the 1st 15 months) and a 3% cashback offer. There’s no annual fee. One thing that would seem confusing to you is the foreign transaction fee of 2.7%.
On the other hand, user experiences say you’ll enjoy the most spending on gas and groceries. A $200 statement credit after a purchase bill of $2000 within the initial 6 months also rings the bell.
Credit One Platinum Visa for Rebuilding Credit
The credit service comes without the condition to deposit security and 1% cashback for selected purchases, including groceries, gas, and phone services. The annual fee is $8.25 on average, $75 for the initial year.
Have your credit line reviewed with this credit service. Though the card offers poor credit, paying back on time gives the chance to increase the credit limit. And it enhances the spending power.
Chase Freedom
The credit card charges no annual fee and a free and convenient credit score. Earn 1% cashback and good rewards. Except that, with no expiration of bonuses, there’s the potential increase in credit limit after moderate use.
The user gets a $50 bonus on the first purchase within 3 months after the account opening.
Barclay Credit Card
Barclays offers you different options for getting a credit card if you’re a student in the USA. It comes with the benefits of a 0% annual fee like any standard credit card service.
The services add no foreign transaction fees, and the credit score charge is also free. It’s an easy and beneficial deal.
Patel 2 Visa Credit Card
The credit card is another one that doesn’t need the SSN. Enjoy 1.5% cashback on paying bills on time and 2 to 10% cash backs for shopping from selected merchants. And, 1% cashback is always there.
The credit limit may seem lower, while the user also needs an ITIN for applying. Still, one can enjoy the range of $500-10,000 by spending wisely.
Citi Rewards+SM Student Credit Card
The cardholders receive points for spending in gas stations and supermarkets at a higher rate. 1st $500 in 3 months gets you 2500 bonus points—the rate increases in an attractive way.
There’s no annual fee. And the intro APR is also 0% on purchases for the initial 7 months.
The foreign transaction fee is higher than other credit services. One good thing about this card is- the user can enjoy their move at the restaurants and other events.
Bank of America Cash Rewards Credit Cards
Choose the category you want 3% cashback from by this card, along with 2% cashback in grocery stores. For the rest, it’s 1%. And, yes, you can change the category each month.
There’s no annual fee. The card service may get you $200 cash if you spend $1000 within the 1st 90 days of the activation. The balance transfer fee is 3% which may seem insignificant as there are so many benefits to be entertained.
Final Words
Often it happens that we have multiple options around us, but we’re unaware of them. Unfortunately, we carry out those events with toiling and miserable treads. Having a credit card or not having it is the same. After all, who would like to discover such sarcasm in their life?
It’s also possible that a charming serve turns into a Trojan horse. And guess what, you invited it. Remember, credit is always a liability that brings risk for you that always stands behind the lending hand.
So, think twice if you feel your studentship needs a credit card. Once before you apply for one, and each time you pay or set to transfer your cash through it.
FAQ
Check out the below queries in case you still have any doubts to solve:
Can international students apply for a credit card?
Yes, if you're an international student, you can apply for a credit card and get one following some terms & conditions.
Which Credit Card is the Best internationally?
The best credit card would be the one providing facilities like tremendous cash back or savings on purchases, zero transaction fees, etc. There are many such credit card services for students. You can have a short tour of experts' opinions and choose the right one.
Are Credit One and Capital One the same?
Both are the same in terms of coming up with the services. But, Capital One offers more benefits than Credit One.
Can a Student Get a Credit Card in the USA?
Yes. A student in the USA can get a credit card. But, for that, the individual must have a Social Security number (SSN). One can also use the Individual Taxpayer Identification Numbers (ITIN) if they don’t have a social security number.
Is Visa or Mastercard Better for International Travel?
Both credit cards are acceptable overseas. In terms of the exchange rate, Mastercard is preferable comparatively. It entertains a greater exchange rate.
