The Top Student Credit Cards for International Travel

Travel is one of the most enriching experiences anyone can have, especially if you are a student. It allows you to see the world through a different lens and broaden your horizons. However, traveling abroad can be expensive, particularly for students who are on a tight budget. Fortunately, many credit card companies offer student credit cards that come with exciting travel benefits that will make your journey abroad a lot more enjoyable. In this article, we will explore the best student credit cards for travel abroad, highlighting the rewards, fees, interest rates, and benefits they offer. Whether you are studying overseas or taking a gap year to explore the world, having the right credit card can smooth your way and make your journey more affordable.

10 Best Student Credit Cards for Travel Abroad

Traveling abroad is an exciting experience that is often a dream come true for students. However, it can be quite expensive. If you are planning to travel abroad, having a credit card that provides travel benefits can be helpful. There are several student credit cards that offer rewards, benefits, and perks for students who love to travel. In this article, we have highlighted the best student credit cards for travel abroad.

1. Discover it® Student Cash Back

Discover it® Student Cash Back is one of the best student credit cards that offers rewards for travel. It allows students to earn 5% cashback on rotating categories throughout the year. The cashback can be redeemed for various things, including travel, and the rewards do not expire. This card also does not charge foreign transaction fees, which is great for students who travel abroad.

2. Bank of America® Travel Rewards for Students

The Bank of America® Travel Rewards for Students’ credit card is designed specifically for students who love to travel. This credit card offers unlimited 1.5 points per dollar spent on all purchases, which can be redeemed for statement credits against travel purchases. This card also does not charge annual or foreign transaction fees.

3. Capital One® Secured Mastercard®

Capital One® Secured Mastercard® is an excellent credit card option for students with no credit history or poor credit scores. It is a secured credit card that requires a security deposit, which can be as low as $49. This card does not charge foreign transaction fees and offers travel accident insurance, which covers accidental death or dismemberment when traveling.

4. Citi Rewards+℠ Student Card

The Citi Rewards+℠ Student Card is a great option for students who travel frequently. This card earns 2X ThankYou® Points at supermarkets and gas stations for the first $6,000 per year and then 1X points thereafter. It also rounds up to the nearest 10 points on every purchase making rewards easier to earn. The rewards can be redeemed for travel, gift cards, and merchandise.

5. Discover it® Student chrome

The Discover it® Student chrome is another excellent student credit card that offers rewards for travel. It allows students to earn 2% cashback on gas and restaurant purchases up to $1,000 in combined purchases each quarter, and unlimited 1% cashback on all other purchases. This card also does not charge foreign transaction fees.

6. Journey Student Rewards from Capital One®

The Journey Student Rewards from Capital One® credit card is designed for students who want to build credit while enjoying travel benefits. It offers 1% cash back on all purchases and an additional 0.25% cashback for on-time payments, making the total cash back to 1.25% per purchase. This card also does not charge foreign transaction fees, and the rewards do not expire.

7. Bank of America® Cash Rewards for Students

The Bank of America® Cash Rewards for Students credit card is an excellent option for students who want to earn rewards when traveling. It allows students to earn 3% cashback in the category of their choice, such as gas, online shopping, travel, dining, drugstores, or home improvement/furnishings. The card also offers 2% cashback on grocery store and wholesale club purchases and 1% cashback on all other purchases. This card also does not charge an annual or foreign transaction fees.

8. Capital One® QuicksilverOne® Cash Rewards Credit Card

The Capital One® QuicksilverOne® Cash Rewards Credit Card is another great option for students. It offers unlimited 1.5% cashback on all purchases, and the rewards do not expire. The card also provides travel accident insurance, which covers accidental death or dismemberment when traveling. However, this card comes with a $39 annual fee.

9. Wells Fargo Cash Back College℠ Card

The Wells Fargo Cash Back College℠ Card is a great option for students who want to earn cashback when traveling. It allows students to earn unlimited 3% cashback on popular spending categories such as gas, grocery, and drugstore purchases, and 1% cashback on all other purchases. This card also offers cell phone protection insurance for up to $600 when a monthly bill is paid with the card. However, this card has a foreign transaction fee of 3% of the transaction amount.

10. Deserve® Edu Mastercard for Students

The Deserve® Edu Mastercard for Students is an excellent credit card option for students who are new to credit and want to build credit history. This card offers unlimited 1% cashback on all purchases, and the rewards do not expire. The card also has no foreign transaction fees, and it offers one free year of Amazon Prime membership for students with a $500 monthly spend.

In conclusion, having a student credit card that provides travel benefits can help make your study abroad experience unforgettable. With any of the credit cards discussed above, you will earn rewards, miles, and cashback while enjoying other perks, such as no foreign transaction fees, travel accident insurance, and more. Be mindful of each card’s terms and conditions to select the one that suits your needs and lifestyle best.

What to Look for When Choosing a Student Credit Card for Travel Abroad

When choosing a student credit card for travel abroad, there are several factors to consider. Here are some things to look for:

1. No foreign transaction fees
Foreign transaction fees can add up quickly, especially if you plan on using your card frequently while abroad. Look for a card with no foreign transaction fees to save you money.

2. Rewards or cash back
Some cards offer rewards or cash back for using the card for travel-related purchases. This can help offset the cost of your trip and make the most of your spending.

3. Low APR
APR is the annual percentage rate charged for borrowing money on your credit card. Choose a card with a low APR to save money on interest charges.

4. Fraud protection
Traveling abroad can increase the risk of credit card fraud. Look for a card that offers fraud protection and monitoring to keep your card and your identity safe.

5. Chip and PIN technology
Many countries outside of the United States use chip and PIN technology for credit card transactions. Look for a card with this technology to ensure compatibility and guarantee your transactions go through smoothly.

6. Emergency assistance
In the event of a lost or stolen card, it’s helpful to have emergency assistance available to you. Look for a card that offers 24/7 customer service and support.

7. Credit limit
Consider your spending habits and budget when choosing a card with an appropriate credit limit.

8. Student eligibility requirements
Some student credit cards have eligibility requirements, such as student status or age. Make sure you meet these requirements before applying.

9. Annual fees
Some cards may have an annual fee. Consider whether the rewards or benefits outweigh the cost of the fee.

10. Network acceptance
Make sure the card is accepted widely outside of the United States by checking the accepted network logos on the card, such as Visa or Mastercard. This will ensure you have access to your funds while abroad.

Factors to Consider When Choosing a Student Credit Card for Travel Abroad

When choosing a student credit card for travel abroad, there are several important factors to consider. Here are five key considerations to keep in mind:

Factor Description
Rewards Programs Check the rewards programs being offered by the credit card provider. Some cards offer reward points for purchases made abroad, which can be redeemed later for airline miles, hotel stays, or cashback.
Foreign Transaction Fees Many student credit cards charge foreign transaction fees that can add up quickly. Look for cards with zero or low foreign transaction fees since every dollar spent on fees counts against your travel budget.
APR The Annual Percentage Rate (APR) is the rate at which the credit card issuer charges interest on your outstanding balance. Some cards offer a 0% introductory APR, while others may have higher rates. Make sure to compare the APR among different cards to find the best deal.
EMV Chip Technology EMV chip technology is a security feature that makes it harder for fraudsters to clone or steal your credit card information. While the US is gradually adopting EMV chip technology, it is already widespread in Europe and other parts of the world. Look for cards that have this feature to ensure safe travels.
Additional Perks Some student credit cards offer additional benefits like travel insurance, rental car insurance, and roadside assistance. These perks can come in handy when you’re traveling abroad, so be sure to check what extra features are offered by the card.

By keeping these factors in mind, you can choose a credit card that fits your needs, saves you money, and makes your travels more enjoyable.

Here are some relevant links based on the given list:

1. Learn about the benefits and rewards you can get from using a student credit card when traveling abroad with Credit Karma’s guide to the best student credit cards for travel abroad.
2. Find out which student credit cards offer the best perks for students who frequently travel overseas in Nerdwallet’s review of the best student credit cards for traveling abroad.
3. The Points Guy provides a list of recommended student credit cards that offer bonus rewards for international travel in their article on the best student credit cards for travel.

Pros and Cons of the Best Student Credit Cards for Travel Abroad

When looking for the best student credit cards for travel abroad, it’s important to consider the potential benefits and drawbacks before deciding which one to choose. Here are some of the key pros and cons to keep in mind:

Pro: Rewards and Benefits

One of the most appealing aspects of student travel credit cards is the rewards and benefits they offer. Many cards come with generous sign-up bonuses, as well as ongoing rewards for purchases made both at home and abroad. These rewards may include cash back, frequent flyer miles, hotel points, or other perks like discounts on travel-related purchases.

Con: High Fees

Unfortunately, many student travel credit cards come with high fees that can eat into any potential rewards or savings. These may include annual fees, foreign transaction fees, balance transfer fees, and more. It’s important to carefully read the terms and conditions of any card before deciding to apply.

Pro: Travel Insurance and Other Protections

Another key benefit of many student travel credit cards is the travel insurance and other protections they offer. These may include coverage for lost or stolen luggage, trip cancellation or interruption, emergency medical expenses, and more.

Con: Limited Acceptance

One potential drawback of using a student travel credit card is that it may not be accepted everywhere you go. Some countries or merchants may not accept certain types of cards, which could limit your ability to make purchases or access funds.

Pro: Building Credit

If you’re a student just starting to build credit, a student travel credit card can be a great way to establish a solid credit history. As long as you use the card responsibly and make timely payments, you can quickly improve your credit score and build a strong financial foundation.

Con: Temptation to Overspend

One potential risk of using any credit card is the temptation to overspend and accumulate debt. This is especially true when traveling, when it’s easy to get carried away with purchases and activities that may not be within your budget.

Pro: Budgeting Tools

Many student travel credit cards come with helpful budgeting tools and resources that can help you keep track of your spending and stay within your budget. These may include mobile apps, online account management tools, and more.

Con: Interest Rates

Another potential downside of using a credit card is the high interest rates that may apply if you carry a balance from one month to the next. This can quickly add up to significant debt if you’re not careful about managing your spending and payments.

Pro: Convenience and Security

Using a student travel credit card can also be more convenient and secure than carrying cash or using a debit card. With a credit card, you have added fraud protection and can dispute any unauthorized charges.

Con: Impact on Credit Score

Finally, it’s important to remember that using a credit card, especially if you carry a balance or make late payments, can negatively impact your credit score. This can affect your ability to get approved for future loans or credit cards, so it’s important to be mindful of your credit card use and make payments on time.

By considering these pros and cons, you can make an informed decision about which student travel credit card is right for you. Be sure to compare the rewards, fees, and other features of different cards before making your choice.

Happy travels!

I hope this guide has helped you find the perfect credit card for your travels abroad. Remember to always use your card responsibly and keep track of your expenses. If you have any questions or suggestions, please leave them in the comments below. Thanks for reading and don’t forget to check back for more helpful articles!

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