When selecting a student credit card like the Bank of America student credit card, it is better to get a card with a lower APR. It offers up to 3% cash back on eligible purchases, a $200 signup bonus after you spend $1,000 in your first 90 days, a 0% intro APR period on purchases and balance transfers and it has no annual fee. When in college, it’s a good idea to get a head start on building a positive credit history. The Bank of America Student Credit Card has a solid cash-back earning potential, especially when making purchases like gas and groceries. The popular bank offers a variety of cards featuring low … Students need to be responsible when using credit cards because their credit history will determine what benefits they get to establish. There are a variety of student credit cards, designed for different purposes. The Bank of America® Travel Rewards for Students is a $0 annual fee student card that can help you build credit and earn rewards on every purchase. Your first credit card can bring independence, convenience and opportunity all rolled into one. The Bank of America Cash Rewards Credit Card for Students offers a number of benefits to help students manage their budgets, such as no annual fee and up to 3% cash back. Here are 10 benefits of having a student credit card from Bank of America: 1. Got this card during my freshman year. The Bank of America® Cash Rewards for Students is essentially the same card as the Bank of America® Cash Rewards Credit Card, except it’s made for students. Credit cards can be much more convenient than other payment methods under a wide range of circumstances. - Toby Sembower, 1/5/2021. A college student credit card, which is a first credit card for many, will typically have more forgiving underwriting standards than a card designed for those with good credit. After nine months with the card, I got a capital one card with cash back and … This means you get to earn the same cashback rate, the same signup bonus and use a long 0% intro APR period. The Bank of America Travel Rewards Credit Card for Students offers flexible travel rewards with students in mind. Additionally, the Bank of America Cash Rewards Credit Card for Students offers secure chip card and digital wallet technologies, online and mobile banking account alerts and optional overdraft protection. The Bank of America Cash Rewards for Students offers a tiered earning structure that makes it unique among student credit cards. 2021's Best Bank of America® Credit Cards Below are our staff ratings of 2021's top Bank of America® credit card offers. You can choose from the following categories: Gas Most students have little or no credit history, and your student card may well be the first form of credit you have had. The Bank of America Travel Rewards Credit Card is a travel card designed for those who love to hit the skies or the open road. Bank of America Cash Rewards Credit Card for Students One-Time Offer As mentioned, this card does offer a one-time offer. Bank of America offers easy-to-use cards all with solid benefits. Earning Rewards Let’s take a look at two popular rewards credit cards of different types: the Chase Freedom Flex℠ ()and the Bank of America® Cash Rewards Credit Card ().. The only problem was that there was no rewards. The Bank of America® Cash Rewards for Students is the student version of the Bank of America® Cash Rewards credit card. Unlike other credit card websites, we recommend any credit card—even those that we don't get paid for - as long as it means that you have the best resources to make that financial decision. After six months of using the card and paying on time, I got a $500 credit line increase. Get tips from Better Money Habits on managing credit or tackling tough credit decisions and learn how it affects your financial identity. Convenience. For comparison, the Bank of America Travel Rewards for Students offers 25,000 bonus points—worth $250 in travel statement credits—after you spend $1,000 in the first 90 days. Especially if this is your first credit card and you may not have a steady income, it is better to have a lower APR when learning how the system works. Understanding credit scores and use of credit cards is essential to achieving financial goals. Check out the Bank of America® Cash Rewards credit card for simple cash back, or the Bank of America® Travel Rewards credit card if you’re a frequent traveler. You can earn a sign-up bonus that’s unparalleled for a student card, and you can redeem rewards points … The Bank of America® Travel Rewards credit card for students is a great option for anyone studying abroad or planning a summer vacation or spring break trip. The credit card offers 1.5 miles for each dollar spent without limits and without restrictions when redeeming rewards. Apply for the Bank of America ® Cash Rewards Visa Signature ® credit card for AMSA that rewards customers with cash back on all of their purchases, all while helping to support AMSA initiatives. When handled responsibly, your first credit card can help you build credit and improve your ability to borrow money in the future. Our favorite student cards include: Discover it® Student Cash Back , if you’re looking for cash back rewards in multiple categories; Bank of America Cash Rewards™ Credit Card for Students , if you’ll be traveling within the U.S. The card has a $0 annual fee and no foreign transaction fees. Credit card issuers have different reasons why they might deny a student a credit card. The Bank of America Student Visa Platinum Plus Credit Card also provides security, with a free package of security features that include zero liability for unauthorized purchases when Bank of America is notified promptly, as well as travel and emergency assistance, and automatic auto rental insurance. Further, if you are already a Bank of America customer or plan to be one in the future, you get a bonus of, at least, 10% just for using your card. Some credit card issuers pay us when you apply for a card through Birch, but we're lucky to work with select banks that share our mission—and it's how we're able to keep Birch 100% free. The Bank of America Student Credit Card is one of the several credit cards which offer potential solid cash backs that can help the students purchase things like groceries and gas for each quarter. Bank of America Student Credit Card Reviews. The BankAmericard MasterCard for Student is a basic credit card from Bank of America that will help a new college student build a credit history. For those looking to make a large purchase (like a new laptop or school supplies), this card becomes with a 0% intro APR for 15 months. Student credit cards are a bit different than other first credit cards, because credit card issuers tend to give better offers to students than non-students in similar financial situations. Bank of America® Cash Rewards credit card Bank of America® Travel Rewards credit card; Cash back: 3% on category of your choice, plus 2% at grocery stores or wholesale clubs, plus unlimited 1% on all other purchases: Unlimited 1.5 points for every $1 spent on all purchases: Intro offer: $200 cash back after spending $1,000 in the first 90 days. The Freedom Flex card offers 5% cash back for different types of purchases, some of which change throughout the year. The Bank of America Student Credit Card actually provides different choices that also depend on a lot of factors that include the amount of money to be spent and the interest of paying off the balance from one month to another. With this card, you can earn travel rewards while building good credit and access your FICO score each month for free. If you’re looking to earn cash back, the Bank of America® Cash Rewards credit card for students could be a good choice. Bank of America® Cash Rewards Credit Card for Students 2021 Review, Application & Rates " The Bank of America® Cash Rewards Credit Card for Students is a solid rewards card that lets students choose their top-earning cash back category each quarter." Only problem was that there was no Rewards does offer a One-Time offer are seven steps. Flex card offers 5 % Cash back Rewards my application is approved, when can I using. Other payment methods under a wide range of circumstances all rolled into one this... 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