Which Credit Card is Best for Students?

Credit Card
1

I am a student and I need a credit card. Which credit card is best for me?

2

A student credit card is a great financial tool for students to manage their expenses and build creditworthiness. In fact, student credit schemes have been running in Bihar and West Bengal to allow students to apply for loans at concessional rates. Now coming to your question which credit card is best for students?

I think the best credit cards for students would be the ones with minimum fees and maximum benefits. You can go for a secured credit card, for example, FD Backed credit card or anything out of IDFC FIRST WoW Credit Card and Kotak Mahindra 811 #DreamDifferent Credit Card. If not these, take advantage of the student credit cards offered by the state government.

There are multiple benefits of a student credit card including,

  • No income proof required
  • Low or zero annual charges
  • Building credit history early-on

If none of this works, you can get an add-on card on any of your parents’ or siblings’ credit cards. That should work out too.