Student Credit Cards

Being a student is probably the most beautiful time of anyone’s life but when it comes to affording the student life we soon realize that it can be quite expensive. For the lucky ones who have good credit, there are some credit cards on the market which offer great rewards for the cardholder.

Discover® Student Card

Discover® Student CardApply Now
This card is ideal if you want to benefit from the cash rebates. According to the reward programs, the cardholder earns a 5% CashBack Bonus in popular categories such as travel, restaurant, movies and gas. You can also earn up to double bonus at participating Discover Card Partners. The possibility to earn rebates is unlimited. There’s an introductory 0% APR for purchases until the end of June 2009 and 14.99% variable thereafter. There isn’t any annual fee.

Discover® Student Card – Clear

Discover® Student Card – ClearApply Now
This card is a great choice is you are looking to benefit from the cash back rewards. According to the rewards program, you will earn a 5% CashBack Bonus when you use the card for purchases related to gas, restaurants, travel, movies and more. Using the card at discount stores brings a 0.25% CashBack Bonus and you can earn up to double bonus at participating Discover Card Partners. You can earn unlimited rewards. The APR for purchases is 0% until the end of June 2009 and 14.99% variable thereafter. The card doesn’t have any annual fee and the grace period is at least 25 days.

Discover® Student Card – Tropical Beach

Discover® Student Card - Tropical BeachApply Now
The Discover® Student Card – Tropical Beach is a great choice if you use the card at the participant merchants. According to the rewards program, the cardholder earns 5% CashBack Bonus when the card is used for travel, gas, movie and restaurants purchases. Also, 0.25% CashBack Bonus is earned when the card is used at discount stores. Up to double rewards can be earned at participating Discover Card Partners. If you like to shop online, then you can earn up to 20% CashBack Bonus when you use the card. The possibility to earn rewards is unlimited. The APR for purchases is 0% until the end of June 2009 and 14.99% variable thereafter. The card has no annual fee.

Discover® Student Card – Monogram Collection

Discover® Student Card - Monogram CollectionApply Now
Add a personal touch to your student credit card! Not only does this card offer cash back rewards but you can also add your initial(s) on the front of the card. The Discover® Student Card – Monogram Collection allows the cardholder to earn 5% CashBack Bonus when the card is used for travel, gas, movie and restaurant purchases. Also, smaller bonuses can be earned at warehouse clubs and discount stores. When you shop online, you can earn up to 20% CashBack Bonus. Double rewards bonus can be earned at participating Discover Card Partners. There isn’t any on the amount of the rebates earned and the card doesn’t expire as long as it’s active within a 36-month period. The APR forpurchases is 0% until the end of June 2009 and 14.99% variable thereafter. The card doesn’t have an annual fee.

Discover® Open Road(SM) Card for Students

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If you drive a lot, this card is the perfect choice for you. According to the rewards program, the cardholder earns 5% CashBack Bonus on the first $100 in gas and auto maintenance purchases each month (up to $1,200 each year). On all other purchases, you can earn up to 1% CashBack Bonus and if you use the card online the rewards vary between 5% and 20%. If you use the card for Grocery Purchases in November and December you will earn Double CashBack Bonus. The APR for purchases is 0% until the end of June 2009 and 14.99% variable thereafter. The card has no annual fee.

But there are also plenty of students who either have poor credit or have been rejected by credit card issuers for one reason or another. Although the choices of credit cards can be a bit more expensive for them, there are some good options for secured cards.

New Millennium Bank Secured Black Diamond Visa®/MasterCard®

New Millennium Bank Secured Black DiamondApply Now
If you have poor credit and so far had a hard time obtaining a standard card, then the New Millennium Bank Secured Black Diamond Visa®/MasterCard® is the perfect choice for you. There is no credit check but the credit cards have a credit limit between $300.00 and $5,000.00. The annual fee is $59.00 and the APR for purchases is 19.5%. There isn’t any grace period, so the interest will be applied immediately to any charges made with the card. The card comes with auto rental insurance and travel accident insurance.