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Student Credit Card - Check Features & How to Apply Online

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May 12, 2023


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Are you a student seeking a simple and accessible approach to raise your credit score while simultaneously taking advantage of a credit card? Consider using a student credit card! It may be the ideal instrument to assist you in building a solid financial foundation for your future because it has features designed especially with students' requirements and lifestyles in mind. The best thing is that you can quickly and conveniently apply online and receive approval.

Let's explore a student credit card's qualities and how to apply for student credit card.

What Is a Student Credit Card?

A student credit card is a type of credit card created especially for college students just beginning to build their credit. Student credit cards, as opposed to conventional credit cards, offer features tailored to students' unique requirements. They consider the lifestyle, such as reduced credit limits and rewards for expenditures like groceries or textbooks.

What Are the Main Features of a Student Credit Card?

Let's explore some aspects that make student credit cards an excellent choice for students like you now that you know what they are. A few notable features include the following.

Lower Credit Limits

Lower credit limits help you control spending and establish good credit history by keeping your credit utilization ratio low, preventing you from accruing debts you cannot repay.

Rewards Programs

Many student credit cards offer rewards programs that pay you cash back, points, or miles for your purchases. These rewards can accumulate over time and save you money on stationery, groceries, and travel expenses.

No Annual Fees

Most student credit cards do not have annual fees, which is crucial for financially struggling students who cannot afford to pay extra fees.

Credit Education Tools

Some student credit cards offer credit education resources, including access to your credit score, credit monitoring services, and other credit management tools to help you learn how credit works and manage credit responsibly.

Student-Specific Benefits

Student credit cards often provide additional benefits tailored to students, such as access to special events, discounts on popular student brands, and resources for building a secure financial future.

What Are the Steps to Apply for Student Credit Card Online?

You may have questions about how to apply for a student credit card. Don’t worry; follow these steps to apply for a student credit card:

  • Step 1: Research Your Options - Look at different student credit card options that fit your financial needs and preferences.
  • Step 2: Gather Your Documents - Make sure you have all the necessary paperwork, such as proof of income, identity, and school enrollment, before applying.
  • Step 3: Fill Out the Application - Complete the application online or over the phone by providing personal and income information.
  • Step 4: Submit Your Application - Review the application for accuracy and completeness before submitting it for consideration by the credit card company.
  • Step 5: Activate Your Card - Once approved, activate your card online or over the phone. You are then free to start building credit and earning rewards.


While you're still in school, a student credit card can be a terrific way to establish credit and receive incentives. A student credit card can help you lay a solid financial foundation for your future because it has features designed especially for the needs and lifestyles of students.

Moreover, if you are looking for a student credit card, you can consider Fi 5% card. They have partnered with Federal Bank to provide a 5% card. It provides lounge access, a low forex fee, and several other benefits.

Frequently Asked Questions

1. How much income do you need for a student credit card?

A student credit card often has lower income restrictions than a standard credit card. Even if you get financial help or have part-time work, you may be suitable for a student credit card.

2. Can I get a student credit card without a job?

Yes, you can still apply for a student credit card if you don't have a job. While many credit card companies demand proof of income, some may consider other aspects when evaluating your application. Those may include your financial aid or parental allowance.


Fi Money is not a bank; it offers banking services through licensed partners and investment services through epiFi Wealth Pvt. Ltd. and its partners. This post is for information only and is not professional financial advice.
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