Best Student Credit Cards in 2011 – (Top 3)
After credit card reform hit the market following the 2008 bank collapse, credit cards geared towards consumers with little or no credit history were forced to change their terms, conditions and marketing tactics. In recent years college and even high school students have been able to apply for and use a number of credit cards with varying terms. And if you happened to be able to obtain a parent signature on the application, you’re chances for approval and number of card offers on the table increased drastically.
In today’s landscape, however, things are a bit different. While it is still debatable as to whether credit cards for college students with no job(s) and/or income are valuable financial tools, the wide spread availability of these offers has been tapered back.
If you are a college student and are looking for a credit card, then we’ve compiled the best offers available so far in 2011.
Top 3 Student Credit Cards in 2011:
(The cards below can help you establish a credit foundation. Be sure to make payments in full and set up alerts of due dates. See more credit card offers here.)
1) Citi Forward® Card for College Students – This is our favorite offer because of the incentive structure Citi has imposed – you’ll earn an APR reduction of up to 2% when you stay under your credit limit and make payments on time for 3 months in a row. You’ll also receive 100 Citi ThankYou Points each billing period that you pay on time and stay under your credit line. PLUS earn 1,000 points after you sign up for paperless statements within the first 3 months of account opening. No cosigner required with this card.
2) Citi® Dividend Platinum Select® Card for College Students – This is our favorite student card for rewards. Earn 5% cash back on purchases at grocery stores, drugstores, gas stations, convenience stores AND on utilities (this includes cable) for 6 months – and 1% thereafter. Earn at least 2% cash back in popular rotating categories (shopping, entertainment, travel, etc). Plus, earn 1% cash back on all other purchases. No cosigner required with this card.
3) Citi® mtvU™ Platinum Select® Visa® Card for College Students – This is a great card for great students. Earn up to 2000 ThankYou Points twice a year for having a good GPA. On top of that you’ll earn 5 ThankYou Points® for every dollar you spend at restaurants, bookstores, record stores, movie theaters and video rental stores, plus you’ll earn 1 ThankYou Point for every dollar you spend on all other purchases.
Not satisfied with the list of offers above? Check out our complete list of Student Credit Cards from our database!
