7 Best Travel Credit Cards For Students

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Introduction

Traveling as a student can be an enriching and transformative experience, but it often comes with budget constraints. However, with the right travel credit card, students can unlock a world of opportunities, earning rewards, and benefits that make their adventures more affordable and enjoyable. In this guide, we’ll explore seven of the best travel credit cards tailored to students, each offering unique perks and advantages for young wanderers. Whether you’re a budding explorer or a seasoned traveler, these cards can help you make the most of your journeys while building valuable credit along the way. Let’s dive into the best travel credit cards for students and discover the possibilities that await.

Finding the Best Travel Credit Cards for Students

As a student, getting a credit card can help build your credit score and provide more financial freedom. If you love to travel as well, consider a student travel credit card for benefits like no foreign transaction fees, travel insurance coverage, and even travel rewards. Just be sure to understand spending responsibilities before applying. 

The Capital One Journey Student Rewards card tops most lists for student cards, with no annual fee, a modest security deposit requirement, and lucrative 1% cash back on all purchases. The cash back can eventually be redeemed for statement credits towards travel expenses. Responsible use means a credit line increase over time and establishing positive payment history.  

Another student favorite card with travel perks is the Bank of America Travel Rewards card, which offers over 20 travel category bonuses to boost redemption value along with no foreign transaction fees. Approved students get checked bags free when flying American Airlines along with a Global Entry/TSA PreCheck application fee credit. There are no annual fees.

Discovering the right student travel card now allows you to maximize rewards towards future study abroad trips, Spring Break vacations, and more. As an early credit builder, using these starter cards wisely will set positive money management habits. Make sure to pay balances off each billing cycle while reaping card bonuses.  

Before applying for any card, know what you can afford for monthly payments based on part-time job income or stipends. Getting a small limit card as a student will still help achieve long-term goals like quality travel rewards cards down the road. Pick an option fitting your budget that can launch smart credit use.

What are the best travel credit cards for students?

Travel credit cards for students can be a great way for young adults to earn rewards and benefits while managing their finances responsibly. Here are some travel credit cards that are often suitable for students:

Discover it® Student Cash Back Card

With no annual fee and a cashback rewards program, the Discover it® Student Cash Back Card is an excellent choice for students. You can earn 5% cash back on rotating categories like restaurants, gas stations, and Amazon.com, up to a quarterly limit. Plus, Discover matches all the cash back you earn at the end of your first year, effectively doubling your rewards.

Chase Freedom® Student Credit Card

Designed exclusively for students, the Chase Freedom® Student Credit Card offers a simple rewards structure with 1% cash back on all purchases. Additionally, you’ll receive a $50 bonus after your first purchase and can earn a $20 Good Standing Reward each year for up to five years.

Bank of America® Travel Rewards Credit Card for Students

best travel credit card for students

For students who love to explore new destinations, this card offers unlimited 1.5 points for every dollar spent, and these points can be redeemed for travel expenses. It also has no foreign transaction fees, making it ideal for international travel.

Citi Rewards+℠ Student Card

This unique card from Citi rounds up the points you earn on every purchase to the nearest 10 points, making small purchases more rewarding. It also offers a 2,500-point bonus after spending $500 in the first three months. Plus, you’ll earn double points at supermarkets and gas stations.

Capital One® Journey® Student Rewards

The Capital One® Journey® Student Rewards card is ideal for those looking to build their credit history. It offers 1% cash back on all purchases, and if you pay your bill on time, you can earn a higher cash back rate of 1.25%. There are no foreign transaction fees, making it suitable for international adventures.

Deserve® Edu Mastercard for Students

The Deserve® Edu Mastercard for Students is a great choice for international students and those with limited credit history. It doesn’t require a Social Security number during the application process. You’ll earn 1% cash back on all purchases, and the card comes with cell phone protection and no foreign transaction fees.

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Wells Fargo Propel American Express® Card

Although not exclusively for students, the Wells Fargo Propel American Express® Card offers impressive rewards for travelers. You’ll earn 3 points per dollar on dining, travel, and select streaming services. Additionally, there are no annual fees, and your points can be redeemed for travel, gift cards, and more.

When considering a travel credit card for students, it’s essential to keep in mind the following factors:

– Annual Fee: Look for cards with no annual fee or low fees, as students often have limited budgets.

Rewards: Consider the type of rewards offered (cashback, points, or miles) and how they can be redeemed for travel expenses.

Credit Score: Check if you meet the card’s credit score requirements or if it’s designed for students with limited credit history.

Foreign Transaction Fees: If you plan to travel abroad, a card with no foreign transaction fees can save you money.

Introductory Offers: Some cards offer sign-up bonuses or introductory 0% APR periods, which can be beneficial for students.

Credit-building Tools: Look for cards that offer tools to help students build their credit responsibly.

Always read the terms and conditions of the card and ensure that it aligns with your financial goals and spending habits. Additionally, make sure to use your credit card responsibly and pay your bills on time to build a positive credit history.

Why should students consider getting a travel credit card?

Travel credit cards for students can offer various benefits, including rewards, cash back, and the opportunity to build credit. They often come with features tailored to student needs, making them a valuable financial tool.

What is the importance of building credit as a student?

Building credit as a student is crucial for future financial endeavors, such as renting an apartment or applying for a car loan. A good credit history can also lead to better interest rates and increased approval chances for credit cards and loans.

How do travel credit cards for students differ from regular travel credit cards?

Student travel credit cards typically have lower credit limits and may offer features like rewards for responsible credit card use. They may also have fewer fees and more forgiving terms to accommodate students who are new to credit.

What should students look for in a travel credit card?

Students should consider factors such as annual fees, APR (Annual Percentage Rate), rewards structure, and any additional perks or bonuses. It’s important to find a card that aligns with their spending habits and financial goals.

 Are there any specific eligibility criteria for student credit cards?

Eligibility criteria can vary between credit card issuers, but student credit cards generally require applicants to be enrolled in a college or university. Some cards may also have age or income requirements.

How can students maximize the benefits of their travel credit cards?

To maximize benefits, students should use their credit cards responsibly by paying the full balance each month to avoid interest charges. Additionally, taking advantage of rewards programs, bonuses, and any student-centric features can enhance the overall value of the card.

Do travel credit cards for students cover international transactions?

Many travel credit cards for students do offer international transaction capabilities. It’s important to check for foreign transaction fees and ensure that the card is widely accepted in the countries the student plans to visit.

Can students use their travel credit card for purposes other than travel?

Yes, most student travel credit cards can be used for various expenses beyond travel. They often earn rewards or cash back on all purchases, making them versatile for everyday spending.

How can students avoid accumulating debt with their travel credit card?

To avoid accumulating debt, students should use their credit card responsibly, make timely payments, and avoid carrying a balance. Setting a budget and using the card for planned expenses can help control spending.

 What should students do if they lose their travel credit card while traveling?

In the event of a lost or stolen credit card, students should contact their credit card issuer immediately to report the loss. Most issuers provide 24/7 customer service and can assist in replacing the card or addressing any unauthorized transactions.

What are the benefits of a student travel credit card?

In the event of a lost or stolen credit card, students should contact their credit card issuer immediately to report the loss. Most issuers provide 24/7 customer service and can assist in replacing the card or addressing any unauthorized transactions.

What are the benefits of a student travel credit card?

Student travel credit cards offer benefits like no foreign transaction fees, travel insurance protections, checked baggage perks, and even travel rewards points or cash back that can be redeemed towards flights, hotels, and more.

Are there student credit cards with no annual fees? 

Yes, nearly all student credit cards do not charge annual fees. Both the Capital One Journey Student Rewards and Bank of America Travel Rewards cards for students come with no annual fees.

What issuers offer the best student cards?

Some of the best issuers for student travel credit cards include Capital One, Bank of America, Discover, Wells Fargo, and even some airline co-branded cards like American Airlines. Compare cards across issuers before applying.

Should I get more than one travel credit card as a student?

No, one student travel credit card should be sufficient to start establishing credit. Too many new accounts can lower your credit scores if not managed carefully. Focus on responsibly using your first card.

What credit score do I need for a student travel card?

Student travel cards often have lower credit barriers, not requiring extensive history. However, scores in the fair range (600s) up may increase eligibility for student card approval compared to no scores.

Do I need income to qualify and make payments? 

Most issuers want to see proven income on student card applications, whether from part-time work, grants, stipends or parents. Have a plan to pay monthly balances in full based on income streams or available funds.

These FAQs cover some of the common queries students may have about travel credit cards, helping them make informed decisions about their financial choices.

Conclusion

Traveling as a student is not only about discovering new places and cultures but also about managing your finances wisely. The seven travel credit cards mentioned in this guide offer a spectrum of benefits, ensuring that your journeys are not just memorable but also cost-effective. Whether you’re earning cash back, accumulating travel points, or building your credit history, these cards cater to your specific needs and preferences.

Remember to choose the card that aligns best with your spending habits, travel aspirations, and financial goals. Always read the fine print, understand the terms and conditions, and use your credit responsibly. By doing so, you can make the most of your student years, exploring the world while building a strong financial foundation for the future.

So, as you embark on your next adventure, consider one of these travel credit cards as your trusty companion, helping you unlock exciting opportunities, create lasting memories, and embark on a journey of financial responsibility. Safe travels and enjoy the ride!

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