Introduction
Student credit cards might be a terrific choice for you if you want to manage your money while also raising your credit score properly. These cards provide a range of advantages, including rewards, savings, and bonuses that may help you save money and build a solid financial base. The best five student credit cards in India will be discussed in this section, each having special features and advantages.
IDFC FIRST WoW Credit Card
Joining Fee: Nil
Annual Fee: Nil
Minimum Income: Not Specified
Cashback and Rewards: Earn up to 20% discount at 1500+ restaurants, 15% discount at 3000+ Health and Wellness outlets.
Interest-Free Period: Up to 50 days
Key Features: The IDFC FIRST WoW Credit Card is tailored for students and young professionals. It offers attractive cashback rewards on everyday expenses, making it a valuable financial tool for those looking to save money while building their credit history.
Amazon Pay ICICI Bank Credit Card
Joining Fee: Nil
Annual Fee: Nil
Minimum Income: Rs. 25,000 per month.
Cashback and Rewards: Earn 5% cashback on Amazon.in for Prime members, 3% for non-Prime members, and 2% on select partner merchants.
Interest-Free Period: Up to 45 days
Key Features: This card is perfect for students who frequently shop on Amazon. The cashback rewards are highly competitive, and the card comes with no annual fee for Amazon Prime members.
Shoppers Stop HDFC Bank Credit Card
Joining Fee: Nil
Annual Fee: Nil
Minimum Income: Rs. 20,000 per month.
Cashback and Rewards: Enjoy Shoppers Stop vouchers, reward points, and discounts on fashion and lifestyle purchases.
Interest-Free Period: Up to 50 days
Key Features: If you’re a fashion enthusiast, this card offers exclusive benefits for shopping at Shoppers Stop outlets and online. Regular use allows you to cover the annual fee through discounts and vouchers easily.
ICICI Bank Platinum Chip Credit Card
Joining Fee: Nil
Annual Fee: Nil
Minimum Income: Not Specified
Cashback and Rewards: Earn Reward points on every purchase and enjoy discounts on dining and fuel.
Interest-Free Period: Up to 48 days
Key Features: The ICICI Bank Platinum Chip Credit Card is an excellent entry-level card that offers rewards on your daily expenses. It’s also secure with an embedded microchip for added protection.
Bank of Baroda Prime Credit Card
Joining Fee: Nil
Annual Fee: Nil
Minimum Income: Not Specified.
Cashback and Rewards: Get 4 reward points for every Rs. 100 spent, along with dining and fuel discounts.
Interest-Free Period: Up to 52 days
Key Features: This card is designed for students and young professionals seeking rewards and discounts on their spending. The higher income requirement reflects its premium offerings.
Also Read: Securing Your Credit Card While Traveling Abroad
Conclusion
Choosing the best credit card as a student can help you secure your finances efficiently and even save money through cashback rewards and discounts. The IDFC FIRST WoW Credit Card, Amazon Pay ICICI Bank Credit Card, Shoppers Stop HDFC Bank Credit Card, ICICI Bank Platinum Chip Credit Card, and Bank of Baroda Prime Credit Card all offer unique benefits catered to different preferences and spending habits.