Features to look for
Some student credit cards do not charge any interest rate for first few months but after then they increase annual percentage rate (APR). The student credit cards with 11.15 to 21.99 are considered as excellent credit cards for students. Consider that credit card that gives you cash back on every purchase. Mostly it is 1% or in some case up to 5%. Some credits cards give you bonus in the form of points or discount on specific store. Consider that credit card that can redeem your bonus in form of cash and directly deposit to your bank account. Also consider some other important features such as warranty protection, travel assistance, travel and rental insurance, and protection from fraud liability. Find out whether your credit card considers extra charges on the abroad purchase. Good credit card does not charge more than 3%. Some credit card charge a late fee payment up to $35. Try to consider card that charge as less as possible for late fee payment.
Best Student Credit Card
One of the most favorite credit cards of the students is Discover IT for student card. Discover IT for student card has all the above explained features. It has no annual fee and offers cash back rewards on each purchase. It offers 5% cash back bonus in categories such as gas, department stores, restaurants etc. it give you 0% interest for first 9 months and provides protection from fraud liability.
http://www.ccpreview.com/category/discover-cards/
