Best Student Credit Cards for 2015

​Student cards are primarily geared towards those with little to no credit history, making it very important to find the right card. Some cards targeting those with limited credit have pitfalls and hidden fine print. We are constantly sorting through hundreds of these offers, and hand select the best student credit cards, which are then reviewed below.

Student credit cards can be a great way for college students to start building a credit history. These cards are fairly easy to get approved for, and offer some great travel and rewards benefits.

The student cards we try to include on this page have good rewards programs, low fees for credit cards targeted at those with limited credit, and no traps or hidden fees. Regardless, it’s always important to read the fine print before applying!

Great Rewards: Discover it® for Students

The Discover it for Students is our top pick for student credit cards because it has an excellent rewards program (one that matches the regular Discover it program!) and a fairly low APR (for a student card). All with no annual fee.

Discover it® for Students Overview

Analysis of all you need to know about Discover it for Students rewards credit card

CreditShout Rating

Excellent

Rewards Program*:

  • Choose either Rotating Rewards (5% cash back on rotating categories), or Chrome (2% back on restaurants and gas)
  • 1% Cash Back on all other Purchases (including purchases over quarterly maximums)

Intro Financing Offers*:

  • 0% APR on New Purchases for 6 months*
  • 10.99% APR Financing for 6 Months on Balance Transfers* 

* Then the variable APR applies, which is currently 12.99% - 21.99%.

Annual Fee: $0​

Credit Required: Fair

Discover makes this process a bit more difficult by adding some choice to it. You see, Discover it for Students comes in FOUR varieties, with slightly different rewards programs and introductory financing offers.

Not only is Discover it for Students available with the rotating cash back categories, there also is a Chrome version that offers a bonus rewards just for restaurants and gas. Both versions offer the same introductory financing offer on new purchases and transfers. Just remember that there is a transfer fee of 3%.

Rotating Rewards or Chrome Rewards

Discover it® for Students
  • 5% cash back in categories that change each quarter, up to the quarterly maximum (usually $1,500), when you sign up.
  • Plus, 1% cash back on all other purchases.
  • 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 12.99% - 21.99%
  • 10.99% APR on Balance Transfer for 6 months, then the standard variable purchase APR of 12.99% - 21.99%

Discover it® Chrome for Students
  • 2% cash back on up to $1,000 in combined purchases at restaurants and gas stations every quarter—no sign-ups needed
  • Plus, 1% cash back on all other purchases.
  • 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 12.99% - 21.99%
  • 10.99% APR on Balance Transfer for 6 months, then the standard variable purchase APR of 12.99% - 21.99%

The "Cashback Calendar" of rotating categories for the remainder of 2015 are:

  • April – June 2015: Restaurants and Movies – 5% on up to $1,500
  • July – September 2015: Home Improvement Stores, Department Stores and Amazon - 5% on up to $1,500
  • October – December 2015: Holiday Shopping and More – with exciting details coming in August 2015

The lack of fees is really what sets this card apart, however. There are no over-the-limit fees, and you will not be charged a fee the first time you pay late (although we highly recommend that you ALWAYS pay on time, with any credit card). Also, your APR will not be increased for paying late. On top of all of that, this card also has no annual fee, which is a big plus.

You can also choose to receive text and email alerts from Discover. This makes it easy to remember when a payment is due or when it is time to sign up for a new rotating rewards category. Never missing a payment will help you to build a good credit history. And maxing out your cash back rewards will just make you happy.

Overall this is a fantastic card for students. The rewards program and features are identical to the standard Discover it card which is only available to people with Excellent Credit – making this our top choice for student credit cards.

Last Update: June 24, 2015

About the author

Kevin

Kevin founded CreditShout in 2008 to help people manage their credit and finances. He wants to make it easy for anyone, regardless of their level of financial knowledge to understand credit cards and what may seem like the complex world of personal finance. | Author Google+