Credit Cards For Students With No Credit History
If you are a parent looking for credit cards for students with no credit history, read this article. We will discuss what the best college student credit cards are and which ones to apply for with an online application.
Why Are Student Credit Cards A Good Option?
Like it or not, your credit history is something you need to establish. Even at a young age we should teach everyone how to manage money. It is one of the most important things that will effect a graduates life when completing their college degree.
Learning how to utilize a credit card the proper way is the first goal to building good credit. A student credit card that is used properly can build your credit score and establish the credit history you need to succeed.
What Are The Best Student Credit Cards If I Have No Credit History?
Below we will list a few of the best student credit cards.
First off I would like to explain why you will want an unsecured credit card vs a secured card. An unsecured credit card requires no deposit. The most important aspect though is that a secured credit card normally will not report to the credit bureaus.
The reason why you want the credit card to report to the 3 major credit bureaus is to build your credit history and score. We list unsecured credit cards with the best issuers.
Recommended Credit Cards For Students With No Credit History
1. Discover it® Chrome Student Card
One really nice feature of this student credit card is that you will earn Cash Back Rewards at gas stations and restaurants. As a student this is usually what you spend your money on so it is nice to get cash back on the money you spend. There is also no annual fee with this credit card. Another cool feature is that your able to track recent FICO® Credit Scores for free on your monthly statements.
To apply with an online application, just visit www.discover.com/credit-cards/student/
2. Capital One Journey Student Credit Card
The Journey student card gives you unlimited access to your credit score. It also has tools to help you monitor your credit profile with CreditWise. The best part that this feature is free. If traveling or studying abroad, there are no foreign transaction fees on purchases. This card also has no annual fees.
3. CITI THANKYOU® Preferred Card For College Students
The ThankYou Preferred card for students has a 0% intro offer as well as a bonus. Read the details as this offer can change. It also has the chip technology for security and you can build rewards.
All of these are credit cards for students with no credit history and will help you establish and track your credit scores.