International students in the United States often face unique financial challenges, including limited credit history and unfamiliarity with the American banking system. Choosing the right credit card can be a daunting task, but it’s essential for building credit, managing expenses, and enjoying various benefits. In this comprehensive guide, we’ll explore the top 10 credit cards tailored to the needs of international students in the USA, empowering them to make informed decisions about their financial futures.
1. Discover it® Student Cash Back
The Discover it® Student Cash Back card is ideal for international students looking to earn cash back rewards on their purchases. With no annual fee and a generous cash back program, this card offers 5% cash back in rotating categories and 1% cash back on all other purchases. Plus, Discover matches all the cash back you’ve earned at the end of your first year, making it an attractive option for students seeking rewards and financial flexibility.
2. Capital One® Secured Mastercard®
For international students with limited or no credit history, the Capital One® Secured Mastercard® is a valuable tool for building credit. This secured credit card requires a refundable security deposit but offers a credit line increase after just five months of on-time payments. With no annual fee and access to Capital One’s CreditWise tool for credit monitoring, this card helps international students establish and improve their credit scores responsibly.
3. Citi® Secured Mastercard®
The Citi® Secured Mastercard® is another excellent option for international students looking to build credit. With a minimum security deposit requirement and no annual fee, this secured credit card offers flexibility and convenience. Cardholders have access to Citi® Identity Theft Solutions for added security and can graduate to an unsecured card with responsible credit behavior.
4. Deserve® EDU Mastercard for Students
Designed specifically for students, including international students, the Deserve® EDU Mastercard for Students offers various benefits and rewards. With no credit history required and no annual fee, this card provides cash back on all purchases, along with complimentary cell phone insurance and Amazon Prime Student membership reimbursement. Additionally, Deserve® offers international students access to credit-building opportunities and financial education resources.
5. Bank of America® Travel Rewards Credit Card for Students
For international students who travel frequently or plan to study abroad, the Bank of America® Travel Rewards Credit Card for Students is an excellent choice. With no annual fee and no foreign transaction fees, this card offers unlimited points on every purchase, redeemable for statement credits toward travel expenses. Plus, cardholders can earn a sign-up bonus and enjoy additional travel benefits such as travel accident insurance and roadside assistance.
6. Journey® Student Rewards from Capital One®
The Journey® Student Rewards from Capital One® is tailored to students, including international students, seeking to build credit and earn rewards. With no annual fee and unlimited 1% cash back on all purchases, this card encourages responsible credit behavior and offers the opportunity to earn a higher cash back rate with on-time payments. Additionally, cardholders have access to Capital One’s CreditWise tool for credit monitoring and education.
7. Wells Fargo Cash Back College℠ Card
The Wells Fargo Cash Back College℠ Card is designed for students, including international students, looking to earn cash back rewards on their everyday purchases. With no annual fee and cash rewards on dining, gas, and grocery purchases, this card offers flexibility and convenience. Plus, cardholders can build credit responsibly with responsible use and timely payments.
8. HSBC Cash Rewards Mastercard® Student Account
The HSBC Cash Rewards Mastercard® Student Account is an excellent option for international students seeking cash back rewards and building credit. With no annual fee and unlimited 1.5% cash back on all purchases, this card offers simplicity and value. Additionally, cardholders have access to HSBC’s credit education resources and tools for managing their finances effectively.
9. Petal® 2 “Cash Back, No Fees” Visa® Credit Card
The Petal® 2 “Cash Back, No Fees” Visa® Credit Card is an innovative option for international students without a credit history. With no annual fee, no foreign transaction fees, and a cash back rewards program, this card provides financial flexibility and transparency. Petal® uses alternative data to evaluate applicants’ creditworthiness, making it accessible to international students with limited or no credit history.
10. State Farm® Student Visa® Credit Card
The State Farm® Student Visa® Credit Card is designed for students, including international students, seeking a simple and straightforward credit card option. With no annual fee and competitive interest rates, this card offers convenience and peace of mind. Plus, cardholders can earn rewards points on their purchases, redeemable for statement credits, gift cards, or merchandise.
Navigating the world of credit cards as an international student in the USA can be overwhelming, but with the right information and guidance, it’s possible to make informed decisions that support your financial goals. Whether you’re looking to build credit, earn rewards, or enjoy travel benefits, there’s a credit card option tailored to your needs.
By understanding the features, benefits, and responsibilities associated with each card, international students can empower themselves to manage their finances effectively and achieve financial success during their time in the United States.