For a student, it can be difficult to get a credit card that saves money on gas. The best credit cards require a minimum annual income. The average college student does not have the time for classes and a job. Those who do work after class still do not earn enough to qualify for most rewards credit cards. A student usually only qualifies for basic credit card. For a student who drives there are some student gas credit cards available.
The Citi Upromise Card is the number one rewards card for college savings as rated by CNN/Money. This credit card can earn you cash back on every purchase. There are tens of thousands of stores that you can save at. As a Upromise member, you can open a Upromise College Fund savings plan through Upromise Investments by saving as little as $50 a month (that’s less than $2 a day). Friends of families can automatically contribute to the college savings when they use their credit card.
The Citi Upromise Card earns 2% cash back at Exxon and Mobil gas stations, plus 1% on all other purchases. When you use this credit 소액결제현금화 card at select stores, you also earn additional cash back. Best of all, there is no limit to how much you can save. Excellent credit is required.
Another great rewards credit card is the Citi Driver’s Edge Card for College Students. This student credit card earns 3% cash back at supermarkets, drug stores and gas stations. On other purchases, you earn 1% rebates. You can also earn Drive Rebates based on how many miles you drive. For driving 10,000 miles, you can earn $100 in rebates. Here are some other features:
o0% APR for 6 months on purchases, cash advances, and balance transferso Earn rebates towards any car, new or used
oBuild your credit historyoFree online account management
o$0 liability on unauthorized purchases
oNo annual fee
There is an annual limit for the rebates you can earn. Each year you can earn up to $1000 in rebates. It is easy to qualify for the Citi Driver’s Edge for College Students. They do not ask for a minimum annual income or a co-signer.
The Discover Student Clear Card offers up to 5% cash back on select purchases such as gas stations, restaurants, book stores, theaters, clothing stores and more. Plus get 1% cash back on other purchases. There is no limit to how much cash you can earn each year. Turn your rebates into gift certificates at select stores and double your cash back. They do ask for your employment information. So you may get declined if you are not currently employeed.
o0% Intro APR on Purchases for 6 Months
oN o Annual Fee oEasiest Online Account Management Options
oFull 5% Cashback Bonus® on Get More Program purchases throughout the year oUp to 1% Cashback Bonus® on all your other purchases
oDOUBLE your Cashback Bonus® (turn $20 into $40) when you redeem for gift cards or certificates from many of our 60 brand name partners
A drawback of the Discover Student Clear Card is that throughout the year you can only earn 5% cash back on certain category purchases. Four times a year these categories change. So you might only get 5% cash back at gas stations for part of each year. If your shopping habits vary, this could work to your advantage.
If you have excellent credit, the Citi Upromise Card would be the best choice as it offers the most savings. If you have a job but do not have sufficient credit for the Upromise Card, the Discover Student Clear Card can earn you high cash back rates. It is at the cost of a rotating rewards program. For students without a job, the Citi Driver’s Edge for College Students might be right for you. It is easy to qualify for and still earns rebates everywhere you shop. Any of these credit cards would be a great way for a student to save money.