Student Credit Cards

Many young people apply for their first credit card when they become a student. It's an opportunity for card issuers to attract a potential long term customer therefore they have designed credit cards to cater especially for students' needs. Read more...>

• Barclaycard Initial

• n/a

• n/a

• 29.9%
  APR
  

• Rewards

• Best suited as a first credit card
• Manageable credit limits £250-£1,000
• Not recommended if you have missed multiple payments, or have defaulted or CCJs in the past

Representative Example: 29.90% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 29.90% p.a. (variable)

• Capital One Classic

• n/a

• n/a

• 34.9%
  APR
  

• No Rewards

• 60 second application response - credit limit up to £1,500
• Most popular credit building credit card
• Best for applicants who want to build or rebuild their credit rating

Representative Example: 34.9% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 34.94% p.a. (variable)

Student Credit Cards Package

With no income or standing credit history behind them students will be issued their student credit card as part of a package that includes a student bank account.

Because there is less choice open to students, the interest rates on offer for student credit cards do vary. However, in general, they are higher than even the most competitive rates available on other cards.

The extra benefits associated with student credit cards usually take the form of incentives and "freebies". These are generally based around student requirements such as discounts on meals, books or other items. Often students are likely to travel out of term time therefore some issuers offer travel insurance or other travel related incentives.