Navigating the world of credit cards as a student can feel overwhelming, especially in 2024, when financial literacy and responsible spending are more critical than ever. With rising tuition costs, inflation, and the gig economy reshaping how students earn money, having the right credit card can make a significant difference. Whether you're building credit for the first time, earning rewards on everyday purchases, or managing unexpected expenses, we’ve curated a list of the best credit cards tailored for students this year.

Why Students Need a Credit Card in 2024

Building Credit Early

A strong credit score opens doors—whether you're applying for an apartment, financing a car, or even landing certain jobs. Starting early gives you a head start, and student credit cards are designed with this in mind.

Financial Flexibility

From textbooks to late-night pizza runs, unexpected expenses pop up all the time. A credit card can serve as a safety net when used responsibly.

Rewards and Perks

Many student cards now offer cash back, travel points, or discounts on popular student expenses like streaming services or ride-sharing apps.

Top Credit Cards for Students in 2024

1. Discover it® Student Cash Back

Best for: Cash back with no annual fee
Highlights:
- 5% cash back on rotating quarterly categories (up to $1,500 in purchases per quarter)
- 1% cash back on all other purchases
- Grade Reward Bonus: $20 statement credit each school year for maintaining a 3.0+ GPA (up to 5 years)
- No annual fee and no late fee on your first late payment

Why it stands out: Discover matches all the cash back you’ve earned at the end of your first year, effectively doubling your rewards.

2. Capital One SavorOne Student Cash Rewards

Best for: Foodies and entertainment lovers
Highlights:
- 3% cash back on dining, entertainment, and popular streaming services
- 1% on all other purchases
- No annual fee and no foreign transaction fees

Why it stands out: If you spend a lot on takeout or concerts, this card maximizes rewards where students typically spend the most.

3. Bank of America® Travel Rewards for Students

Best for: Students who love to travel
Highlights:
- 1.5x points on all purchases
- No annual fee and no foreign transaction fees
- Points can be redeemed for flights, hotels, or cash back

Why it stands out: Flexible redemption options make this a great starter travel card, especially for study-abroad students.

4. Chase Freedom® Student

Best for: Building credit with a major issuer
Highlights:
- $50 bonus after first purchase
- 1% cash back on all purchases
- Credit limit increases after 5 on-time payments

Why it stands out: Chase is a trusted name, and this card helps students establish a relationship with a top bank.

5. Deserve® EDU Mastercard

Best for: International students
Highlights:
- No Social Security Number required (accepts ITIN)
- 1% cash back on all purchases
- Free Amazon Prime Student for one year

Why it stands out: One of the few cards accessible to international students without a U.S. credit history.

How to Choose the Right Student Credit Card

Consider Your Spending Habits

• If you eat out often, prioritize dining rewards.
• If you travel, look for no foreign transaction fees.
• If you want simplicity, a flat-rate cash-back card may be best.

Watch Out for Fees

Avoid cards with annual fees unless the perks outweigh the cost. Also, check for penalty APRs and late fees.

Check for Credit-Building Features

Some cards report to all three credit bureaus and offer credit limit increases with responsible use—key for building a strong score.

Responsible Credit Card Use for Students

Pay Your Balance in Full

Carrying a balance leads to interest charges, which can quickly negate any rewards earned.

Set Up Autopay

Avoid missed payments by automating at least the minimum payment.

Monitor Your Credit Score

Many card issuers provide free FICO scores, so take advantage of this to track your progress.

Final Thoughts

The right student credit card in 2024 isn’t just about flashy rewards—it’s about setting yourself up for financial success. Whether you’re looking to build credit, earn cash back, or manage expenses, there’s a card tailored to your needs. Just remember: the best card is the one you use responsibly.