How To Spend Smartly As Student? Top 3 Student Credit Cards to Kickstart Your Financial Journey

Best Credit Cards: Whether it is about accessing easily available credit or to fulfil an emergency requirement, or to tackle a financial crisis, credit cards can be of great help. Many financial institutions also offer credit cards specially focused on the requirements of young college students. These credit cards come with features like interest-free period, low maintenance costs, etc.

While easy money access due to credit cards may lead to overspending and the risk of falling into a debt trap, a well-thought-out and carefully guided approach towards credit cards can help youngsters in managing their financial needs easily. Here are the top credit cards for students, according to PaisaBazaar.com.

Top Credit Cards For Students

Most of the credit cards mentioned below require a minimum age eligibility criterion, which means that the applicants must be at more 18 years of age. Hence, people should make themselves fully aware before applying for these credit cards.

SBI Student Plus Advantage Credit Card

As the name indicates, the credit card is specially designed for college goers and youngsters. People can apply for this credit card only if they are an education loan customer of the State Bank of India or they hold a fixed deposit at any SBI branch.

SBI Student Plus credit card owners can earn 1 reward point for every Rs. 100 spent using teir card. These points can be used to clear credit card bill, offering a practical way to manage expenses. They can enjoy a 2.5% waiver on fuel surcharges at petrol stations across India. If you spend over Rs. 35,000 in the previous quarter, you will not have to pay the annual fee, providing an incentive for regular usage. Receive 10 times the reward points when shopping at departmental stores or purchasing groceries, enhancing your savings on essential items.

ICICI Bank Student Forex Prepaid Credit Card

ICICI Bank Student Forex Credit Card comes handy and useful for students who are planning to study abroad. It comes with a joining fee of Rs 499 and an annual fee of Rs 199. It also offers an International Student Identity Card membership worth Rs 590. And 40% discount on excess baggage and 20% discount on DHL courier service. The card users will get Croma shopping voucher and counterfeit card/lost card liability coverage of up to Rs 5 lakh.

ICICI Coral Contactless Credit Card

The ICICI Coral Contactless credit card owners can earn two PAYBACK points for every Rs 100 spet on general purchases, and 1 PAYBACK point for the same amount spent on utilities and insurance. This rewards system allows cardholders to accumulate points quickly, enhancing their overall benefits. Enjoy a 25% discount, capped at Rs. 100, when purchasing at least two movie tickets per transaction on BookMyShow and Inox. This offer is available twice a month, making it easier to enjoy entertainment without breaking the bank.

Cardholders can benefit from a 1% fuel surcharge waiver at Hindustan Petroleum Corporation Limited pumps. This perk helps reduce the cost of fuel expenses, providing additional savings for frequent drivers.

Receive one complimentary domestic lounge access each quarter. Additionally, gain access to select airport lounges in India once per quarter by spending a minimum of Rs. 5,000 in that calendar quarter.