![]() For example, you can begin building credit with a secured credit card that requires a cash deposit as collateral.Ĭards in this niche make it easy to get approved if you have no credit history, and they report to the three credit bureaus, thus helping you boost your score. If you’re not yet a student or you’re looking for a first credit card that works, either way there are plenty of options to consider. Alternatives to consider if you don’t qualify for a student credit card Similarly, the Chase Freedom® Student credit card* application states that the issuer will verify your enrollment status. For example, the credit card application for the Bank of America® Customized Cash Rewards Card for Students* requires you to list which school you attend and whether you are a part-time or full-time student. Most student credit cards actually require you to be a college student, and you’ll have to prove it. You’ll still build credit this way, but the barrier to entry is much lower than applying for your own card. If you’re under the age of 21 and you don’t have any income, your best option might be to become an authorized user on a parent’s credit card. Residual amounts of income from scholarships and other financial aid (not student loans) after paying tuition and other college expenses In the meantime, other cards state that applicants can be approved if they have fair credit or better, which typically means having a FICO score of 580 or higher.īeyond your credit score, other factors that are considered when you apply for a credit card include your income, your debt-to-income ratio and the length of your credit history. ![]() For example, marketing materials for the Discover It® Student Cash Back state that a credit score is not required to qualify for the card. citizen to get approved for a student card.įrom there, the rules are different for different cards. Generally speaking, you need to be at least 18 years old and a U.S. Who qualifies for a student credit card?įor starters: How old do you have to be to get a student credit card? Like any other type of credit card, the approval requirements for student credit cards vary by issuer. If you’re interested in getting a student credit card and you’re wondering what you need before you apply, read on. They’re typically easier to qualify for than traditional credit cards, and many even let applicants check their approval odds online without any impact to their credit scores.īut can you get a student credit card if you’re not a student? The answer to this question is far from simple, mostly because different card issuers have their own requirements for student cards. It’s easy to see why student credit cards appeal to lots of consumers who are just starting their credit journey. If you're not yet a student or you're just looking for a first credit card, you may want to consider a secured credit card to help build your credit history. citizen to qualify for a student credit card. You'll also need to be at least 18 years old and a U.S. Many student credit cards consider your credit score, income, debt-to-income ratio and credit history length. You'll typically need to list the school you attend and whether you're a part-time or full-time student. ![]() Most student credit cards require you to be a college student. ![]()
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