Best credit cards for Students, a particular type of credit card designed specifically for college students, cater to the diverse financial needs of young scholars who have reached the minimum age of 18. In India, students have access to some of the finest credit cards, each offering a range of benefits, including interest-free repayments, exciting reward points, various cashback and discount offers, and low-interest rates for up to 5 years.
The application process for a student credit card doesn’t require extensive income verification or lengthy documentation; instead, it can be quickly filled out by providing essential documents like Aadhar and PAN cards. Here, we present some popular and widely used best credit cards for students in India, along with their key benefits.
Best Credit Cards for Students Overview
|Best Credit Cards for Students in India
|Credit Card For
SBI Student Plus Advantage Credit Card
- Spend on SBI’s credit card and earn cash reward points.
- Enjoy the benefit of up to 80% cash withdrawal limit provided by the bank.
- Use earned reward points to pay for monthly EMI.
- Avail a 2.5% fuel surcharge waiver at Indian petrol pumps for students.
- Earn rewards points up to 10x on international transactions.
- More than 24 million Indian and international users have benefited from the SBI Student Plus Credit Card.
- Annual maintenance charges are waived if you spend more than Rs. 35,000 per year.
ICICI Bank Student Travel Card
- A secure and convenient credit card for students.
- Present attractive deals and discounts at over 130 countries and 120,000 merchant locations.
- Offers exciting deals through ICICI Bank’s partnerships.
- Provides easy cash withdrawal from over 1.5 million MasterCard ATMs.
- Comes with comprehensive travel insurance and 24/7 customer support.
Bihar Student Credit Card Scheme
- Available for students in Bihar who aspire to pursue college and polytechnic education.
- Girls, differently-abled, and transgender students can avail of the loan at a reduced interest rate of just 1%.
- The loan can be used for paying college fees, purchasing books, laptops, and other educational materials.
- The utilized amount can be repaid after completing the student’s course and getting a job.
HDFC ForexPlus Card
- No need to be a regular HDFC Bank customer.
- No need to worry about dealing with fluctuating market rates.
- Provides funds in multiple currencies.
- Comes with chip-based security and free insurance coverage.
Offers exciting benefits on purchases of books, food, and accommodation.
This credit card can be used in more than 130 different countries.
Kotak Silk Inspire Credit Card
- Earn up to 5% rewards points on retail spending up to Rs. 7,500.
- Annual maintenance charges can be waived on annual spending of Rs. 1,25,000.
- Each reward point equals 1 JPMile and 0.45 rupees, meaning 1000 reward points are equal to 450 rupees.
- Kotak Mahindra’s credit card also provides a fuel surcharge waiver of up to Rs. 3,500 annually.
In India, there are various credit cards available for students, all of which offer multiple benefits to fulfill their financial needs. Today, we have discussed some of the best credit cards for students in India that offer low-interest rates and provide users with maximum advantages.
By using these credit cards wisely, students can quickly meet their monthly financial requirements and take advantage of numerous benefits without incurring additional expenses.