As a college student or recent graduate, you know that finding affordable credit card options can be difficult. That’s where credit card alternatives come in! In this article, we’ll discuss five of the best credit card alternatives for college students and recent graduates.
College students should use debit cards
Debit cards are a great option for college students because they don’t require a bank account and can be used anywhere that accepts Visa or Mastercard. Plus, many banks offer promotional rates for cardholders who sign up for online banking.
Here are some of the best debit card options for college students:
1. Chase Slate®: This card is perfect for students who want a low-cost option that offers all the features of a regular credit card, like automatic bill payment and fraud protection. The Slate® also comes with a $0 annual fee.
2. Citi Double Cash Card: This card is perfect for students who want to make quick and easy cash transactions, like buying food in the cafeteria or renting movies from the library. The Double Cash Card has no annual fee and offers fast access to your cash.
3. American Express Blue Cash Preferred® Card: The Blue Cash Preferred® Card is perfect for students who want to maximize their rewards opportunities. With bonuses like 3% back at restaurants and 1% back on all other purchases, this card is great for sticking to budgeting goals while still enjoying perks like free airport lounge access and 24/7 customer service.
College graduates should use prepaid cards
When you graduate from college, you may be wondering what kind of credit card to use. There are a few things to consider when choosing a card, such as your budget and your lifestyle. Here are some credit card alternatives for college graduates:
Prepaid cards: Prepaid cards are a great option if you want to keep your spending under control. With prepaid cards, you can put money away in a savings account and use the funds as needed. You don’t need to worry about interest rates or late fees, either. Some prepaid cards offer rewards programs that can be really beneficial.
Credit unions: Credit unions are great options for people who want low-interest loans. They usually have better rates than banks and they’re not afraid to give you a loan that’s too large for a regular bank to offer. Plus, credit unions are often more community-minded than banks, giving back to their local communities in many ways.
Student loan refinancing: If you have student loans, refinancing them can lower your payments and save you money in the long run. You’ll need to compare rates and find a lender that’s right for you, but refinancing can definitely be worth it if you have high-
Credit card Alternatives for College Students
If you’re looking for a credit card that offers great rewards and perks, there are a few options to consider. With so many different cards to choose from, it can be hard to decide which one is right for you. Here are four of the best credit card alternatives for college students and graduates.
1. American Express® Premier Rewards Gold Card – This card offers great rewards and a high annual percentage rate (APR). The rewards include cash back, travel credits, and other exclusive benefits.
2. Chase Freedom® – This card offers excellent rewards, including 5% back on all purchases and 1% back on all spending categories. It also has an APR of 0% on Purchases and 12 months 0% on Balance Transfers.
3. Citi® Double Cash Card – This card lets you earn 2% cash back on all your purchases and 1% cash back on all your spending categories, which includes bills such as rent, groceries, and gas. The card also has an APR of 0%.
4. Wells Fargo Cash Wise Visa Signature® Card – This card offers great rewards for everyday spending, including 2% cash back on all your purchases and
Credit card Alternatives for Graduates
There are a number of credit card alternatives for college students and graduates. Many of these cards offer bonus points and other benefits that can be valuable to people who are looking to improve their finances. Before you choose a new credit card, it is important to compare the different options and find the one that is best suited for your needs.
One option is the Discover it Miles card. This card offers 2% cash back on all purchases, plus a rotating collection of bonus rewards, such as free hotel stays and airfare. The annual fee is waived the first year, but there are other charges, such as foreign transaction fees, that can add up.
Another good option is the Chase Freedom card. This card offers 5% cash back on all purchases, which can be increased to 10% with qualifying activity. The annual fee is also waived the first year, but there are other charges, such as foreign transaction fees, that can add up.
If you are looking for a card with no annual fee, the Citi Double Cash card may be a good option. This card offers 1% cash back on all purchases and 0% APR on Purchases and Balance Transfers for the first 12 months
Conclusion
If you’re a college student or recent graduate, you know that finding a credit card that meets your needs can be difficult. Luckily, there are plenty of options out there to choose from, and each one offers its own set of benefits and drawbacks. Although it may take some time to find the right card for you, by doing your research and comparing different cards side by side, you should be able to find the perfect fit for your lifestyle. So what are you waiting for? Start browsing through the different credit cards available on the market today!