Student Credit Cards

Once a young adult applies for college, he/she will inevitably get a barrage of credit card applications in the mail. Credit card companies realize that college students are entering the real world, ready to build credit and ready to buy things for themselves for the first time.

Unfortunately, many students' eyes are larger than their savings, which is probably another thing credit card companies are counting on. So, students should take full advantage of the perks a student credit card has to offer (such as deals on textbooks), but be very cautious about building excessive debt.


Credit Panda's Recommended Credit Card

Credit Panda recommends Fidelity Investments® 529 College Rewards® American Express® as our favorite Student credit card.

  • Fidelity 529 Dollars Earned Will be Transferred to Your Fidelity Managed 529 Plan Account Automatically
  • Earn 1.5% on Net Retail Purchases Charged to the Card
  • With American Express Selects(SM), Enjoy Special Online Offers for Your Family from Merchants Around the World
  • 0% Introductory Annual Percentage Rate (APR) on Balance Transfers and Cash Advance Checks for Your First 12 Billing Cycles
  • Card Issued by FIA Card Services, N.A.
  • Apply now at the the card issuer's website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 12 Billing Cycles

16.99% Fixed

$0

None

Capital One® No Hassle Cash(SM) Rewards for Students

  • 25% Annual Bonus on the Cash You Earn During the Year
  • If You Have a Limited Credit History or Past Credit Problems, This Cash Rewards Card is for You
  • No Limit on Cash Back and Rewards Won't Expire for the Life of Your Account
  • 1% Cash Back on Purchases You Make from Day One
  • 0% APR on Purchases Until June 2008. After that, Variable APR, Currently 16.40%
  • Apply now at the the card issuer's website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% on Purchases until June 2008

16.40% Variable

$0

Very Good

Citi® Platinum Select® Card for College Students

  • $0 Liability on Unauthorized Purchases
  • 0% APR for 6 Months on Purchases, Cash Advances and Balance Transfers
  • FREE Online Account Management
  • No Annual Fee
  • No Minimum Income or Cosigner Required
  • Apply now at the Citibank website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 6 Months

11.99% Variable

$0

Very Good

Citi® Dividend Platinum Select® Card for College Students

  • Earn 5% Cash Back on Purchases at Supermarkets, Gas Stations, Convenience Stores, and Utilities Including Cable for 6 Months and 2% thereafter
  • 0% APR for 6 Months on Purchases, Cash Advances and Balance Transfers as Long as You Do Not Default under Any Card Agreement
  • No Minimum Income or Cosigner Required
  • Earn 1% Cash Back on All Other Purchases
  • Build Your Credit History
  • Apply now at the Citibank website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 6 Months

13.99% Variable

$0

Very Good

Citi® Driver's Edge® Card for College Students

  • Earn Rebates Towards Any Car, New or Used
  • 0% APR for 6 Months on Purchases, Cash Advances and Balance Transfers
  • Free Online Account Management
  • Build Your Credit History
  • $0 Liability on Unauthorized Purchases
  • Apply now at the Citibank website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 6 Months

15.99% Variable

$0

None

Citi® mtvU™ Platinum Select® Visa® Card for College Students

  • 0% APR for 6 Months on Purchases, Cash Advances and Balance Transfers
  • No Annual Fee
  • Earn 1 ThankYou Point For Every Dollar You Spend on All Other Purchases
  • Earn 5 ThankYou Points® for Every Dollar You Spend at Restaurants, Bookstores, Record Stores, Movie Theaters and Video Rental Stores
  • Earn 25 ThankYou Points for Paying on Time
  • Apply now at the Citibank website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 6 Months

13.99% Variable

$0

Very Good