Credit cards have become an essential part of our lives because of the convenience they offer.
There are various types of credit cards that cater to different needs. Nowadays, credit cards for college students that are meant to address their various financial requirements and other needs are gaining popularity.
Here are five credit cards offered by Indian banks that college students can take.
State Bank of India's Student Plus Advantage Credit Card
The card offers a range of features and benefits for students. Cardholders can get 1 Reward Point for every Rs. 100 spent, 2.5% value back, 10X Reward Points on departmental/grocery store spends, 2.5% fuel surcharge waiver, annual fee waiver, EMI facility, etc.
One can make secure payments online payments as well as at all outlets accepting MasterCard. Customers can enjoy preferential forex rates, travel insurance, and free International Student Identity Card (ISIC) membership through which they can avail exclusive offers/discounts.
#3: The ReviewAdda Money Student Credit Card
The ReviewAdda Money Student Credit Card is another card meant for students. It comes with a credit limit of Rs. 1,000-25,000 and has no monthly fee. Students above 18 years of age are eligible. The approval process is quick and hassle-free and requires minimal documentation.
The minimum Fixed Deposit amount required is Rs. 20,000. There is no joining fee, annual charges, or supplementary card fee.
Cardholders can earn PAYBACK Points for transactions and enjoy 15% savings on dining, discounts on BookMyShow movie tickets, 1% fuel surcharge waiver, offers on dining/wellness/hotels, etc.
The Insta Easy Credit Card offered by Axis Bank
Axis Bank's Insta Easy Credit Card is also a good option for students. It is issued to majors against an FD of Rs. 20,000-25,00,000 at any Axis Bank branch.
It is a zero-fee card with a credit limit of up to 80% of FD's principal value. Customers can enjoy 15% discount at partner restaurants, 1% fuel-surcharge waiver, convert-to-EMI facility, eDGE Loyalty Reward points, etc.