There are quite a bit of expenses that come with being a college student, between the books and school supplies, gas, food and utilities, there is always something that needs to be purchased.
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Credit cards can come in handy with these purchases because they are a quick and secure way to make your payments. If your credit card or credit card data is ever stolen, the account can be suspended while an investigation is underway. The same is true for your check and savings accounts; however, if money is drained from those accounts, you can be left with no funds until the matter is resolved. This can create major issues if you need to get supplies for the beginning of the term or it’s your week to buy groceries.
Another benefit of credit cards is that many offer college students the ability to earn cash back. When these cards are used responsibly (remember, all those purchases you make have to be paid off eventually, and the longer it takes to pay them off, the more you are paying in interest!), they can serve as a great reward for students who are looking to save up a little for something fun like a weekend trip or a concert.
Here are top picks when it comes to student credit cards that offer great deals to their cardholders. Each of these cards are annual fee free and offer students cash back opportunities.
Discover® it for Students
This is a top pick from Discover. This card also offers cash back opportunities. What sweetens the deal with this pick is the 0% Intro APR on new purchases; the introductory period last for the first 6 months. Once the introductory period ends, your regular variable interest rate will be as low as 12.99% to 21.99%.
Citi Dividend Platinum Select
This Visa card will help you earn extra cash back in rotating categories that change each quarter (free enrollment required). If you time this correctly, you can maximize the earning potential. All other purchases earn the cardholder a full 1% cash back (you may earn up to a total of $300 per calendar year).