Best Credit Cards For Students in 2020

When you’re a college student odds are you have limited credit history. You’re also looking for low interest rates, a small or no annual fee, some rewards and a card that helps you build your credit. Having this in mind, we’ve created a list of the best credit cards for students in 2020.

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Deserve EDU Credit Card

It offers unlimited cash back of 1% when you purchase eligible products and a bonus of $30 for opening the account. It has a complimentary subscription of 1 year hence boasting the bonus account of the students. The card offers students a prime subscription of $59 after paying the membership fees. It provides an annual subscription reimbursement billing statement when you finish your free trial. The map allows you to redeem cash from either direct deposits, any statement credits, and linked bank accounts. The card enables you to regain some items, merchandise, gift cards with different redemption values. It doesn’t have any introductory APR. Neither has its transaction or annual fees, even for foreigners.

Petal Cash Back Card

For students who need to begin and start having a good record of their credit history, the Petal cash back happens to be their best credit card. It is among the best credit cards for students in 2020, especially those who haven’t been having any credit cards. The account reports to ll the known three credit bureaus, and it has an underwriting process that organizers beginner credit users have an ideal card. It also considers people who don’t have a credit score from FICO who are evaluated according to their income as the primary non-credit factor basis. The limit can go to $10,000 from $500 even for first-time credit cardholders. Their APR is lower compared to others and requires you to pay the amount fully. The card doesn’t have any fees, and their annual fees don’t easily change. They are known to offer cash back for all done transactions and majorly favors beginners and not people with bad reputation credit history.

Journey Student Rewards

The credit card is specifically designed to support students who have the best credit history or who have no credit history. It is also the best since it allows rewards for a cash back program where students benefit more. There is a cash back bonus of 0.25% when paying statements on time every month and 1% cash back when you purchase items. You are allowed to redeem these rewards and check them whenever you want. There is also a line increase in automatic credit when you finish five months without payments, but the fees are minimal. The credit card doesn’t attract any fees for an annual salary, but foreigners pay either 3% of the charges or $10 as cash advance cost, the greater one. The card also doesn’t attract any introductory APR with no early spending hours.

Citi Rewards+ Student Credit Card

The card is highly favoring those students that aim at spending more on their groceries and has, among other spending types. It also has a purchase promotion APR at a rate of of0% for seven months. There are ThankYou bonus points of 2,500 for those spending a minimum of $500 for three consecutive months after getting the card, and they can redeem a gift of $25. The map also doesn’t offer any t annual fees or foreign fees hence making it be among the best credit cards for students in 2020.

Capital One Secured Credit Card

The membership of this credit card is not limited to some registered students; hence applies to everyone, and it requires that after securing it, you make some deposits so you can start spending. The minimum deposit is $49, and you can also cash in $99 or $200. You can get a limit of up to $1000, and that will increase as you qualify for more. When you deposit more, the limit increases, and you will also pay the bills separately every month. Also, when you pay in time for some months, your credit limit will guarantee an increase. It doesn’t promise to spend a bonus earlier and doesn’t have foreign and annual fees either.

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Conclusion

If you are a student and don’t know on the best credit card to favor you with no or little credit history, the above explained are some of the best credit cards for students in 2020. They are beneficial in many aspects, and I hope you will secure one for yourself, which will become the best to handle your needs.

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