The time has come for you to embark on your college journey. If you’re a traditional student, that likely means you’re leaving home for the first time or at least assuming a new level of freedom and responsibility. That could mean you’re ready to explore your first credit card.
First, keep in mind that federal law requires credit card applicants be at least 18 years old and show proof of income in order to qualify for a credit card – even a student credit card. Don’t overthink “proof of income” too much. That simply means an issuer wants to see proof you can pay your bills and that could mean a few hundred dollars per month from an on-campus job or even a regular deposit from your parents.
Secondly, as a student just starting out, you may not have much of a credit history just yet; in fact, you may not have a score at all. That’s ok! Qualifying for student credit cards generally doesn’t require an extensive credit history.
Student credit cards offer plenty of perks and even rewards these days, including cash back, low or no fees and added security for your purchases at home or abroad. But the best “perk” of all is that they can help you build a strong foundation for your financial future when you use them responsibly.
Check out these options of credit cards for students with no credit.