5 Best Credit Cards for Students in India
Introduction
Getting a credit card as a student might seem like a good idea.
After all, it’s a great way to start building your credit history. But with several options, knowing which card is right for you can be challenging.
Check out this list of the 5 best credit cards for students in India to make the best choice for your financial future!
Eligibility Criteria
Document Required
SBI Student Plus Advantage Credit Card
| Description | Fees & Charges |
|---|---|
| Joining Fee | NIL |
| Annual Fee | NIL |
| Renewal Fee | Rs 500 if the total spending is below Rs 35,000 in the previous calendar year |
| Card Replacement Fee | Rs 100 |
| Foreign Currency Markup Charges | 3.5% |
| Rewards Redemption Fee | Rs 99 |
Student Plus Advantage credit card from SBI is among the best credit cards for students in India. This card is exclusively designed for students studying in India.
It is available only to students who have taken an education loan from the State Bank of India or hold an FD (Fixed Deposit) at any SBI branch.
It offers various features that make it an excellent choice for students. For example, the interest rate on this card is very low. In addition, this card offers cash back on the purchase. This means you can get money back on your purchases, which can help you save money.
There is also no annual fee.
Overall, the SBI Student Plus Advantage card is an excellent choice for students in India.
If you are interested in this card and want to know more about it –
| Product | Do you find it interesting? | |
|---|---|---|
| SBI Student Plus Advantage Credit CardFor Indian Students availing of Education Loans from SBI
| Let’s Explore !! |
HDFC Multicurrency Platinum ForexPlus Chip Card
| Description | Fees & Charges |
|---|---|
| Joining Fee | Rs 500 + GST |
| Reload Fee | Rs 75 + GST |
| Re-issuance of Card Fee | Rs 100 + GST |
| Foreign Currency Markup Charges | 2% |
Multicurrency Platinum ForexPlus Chip Card from HDFC Bank is one of the best credit cards for students in India. It displays a wide range of features and benefits specially designed for students.
This card’s critical features include zero cross-currency charges, complimentary airport lounge access, and a fuel surcharge waiver. These features can help students save a lot of money while travelling abroad.
Important Info
- HDFC Multicurrency Platinum ForexPlus Chip Card also comes with various security features that make it safe and secure. These features include EMV chip technology, two-factor authentication, and fraud protection.
- This makes it one of the safest credit cards for students to use in India.
The card also offers a wide range of rewards and cashback offers that can be used to get discounts on shopping, travel, and other expenses.
Overall, HDFC Multicurrency Platinum ForexPlus Chip Card is among the best credit cards for students in India. It offers many features and benefits that can help students save money and stay safe while travelling abroad.
If you are interested in this card and want to know more about it –
| Product | Do you find it interesting? | |
|---|---|---|
| HDFC Multicurrency Platinum ForexPlus Chip CardFor Indian Students studying Abroad
| Let’s Explore !! |
Axis Bank Insta Easy Credit Card
| Description | Fees & Charges |
|---|---|
| Joining Fee | NIL |
| Renewal Fee | NIL |
| Add-On Card Charges | NIL |
| Card Replacement Charges | NIL |
| Finance Charges | 2.5% |
Insta Easy Credit Card from Axis Bank is the best credit card for the customer who wants a credit card against an FD in the bank. Also, this is an excellent choice for students in India.
The most attractive feature of the Insta Easy Credit Card is that it has no annual fee or renewal fee.
Using this card, you can earn eDGE reward points and enjoy various dining privileges. The next time you think of getting a credit card, Axis Bank can be your best choice.
If you are interested in this card and want to know more about it –
| Product | Do you find it interesting? | |
|---|---|---|
| Axis Bank Insta Easy Credit CardOne of the best offerings from Axis Bank
| Let’s Explore !! |
ICICI Bank Student Travel Card
| Description | Fees & Charges |
|---|---|
| Joining Fee | Rs 499 + GST |
| Annual Fee | Rs 199 + GST ( from 2nd year onwards ) |
| Reload Fee | Rs 100 + GST |
| Foreign Currency Markup Charges | 3.5% |
The ICICI Bank Student Travel card is one of the best credit cards for students in India. The card offers many benefits, including discounts on travel and shopping.
The ICICI Bank Student Travel card has many features that make it an ideal choice for students.
Privileges
- The card offers a 50% discount on air tickets booked through the ICICI Bank website.
- It also provides a 20% discount on hotel bookings made through the website.
- In addition, the card gives students a 10% discount on movie tickets and 5% off on food and drinks at restaurants.
Another great feature of the ICICI Bank Student Travel card is that it comes with no annual fee. This is an affordable option for students looking to get their first credit card.
Overall, the ICICI Bank Student Travel card is an excellent choice for students in India. It offers many benefits and features that make it an ideal choice for students.
If you are interested in this card and want to know more about it –
| Product | Do you find it interesting? | |
|---|---|---|
| ICICI Bank Student Travel CardFor Indian Students studying Abroad
| Let’s Explore !! |
HDFC Bank ISIC Student ForexPlus Card
| Description | Fees & Charges ( USD Card ) | Fees & Charges ( EURO Card ) | Fees & Charges ( GBP Card ) |
|---|---|---|---|
| Joining Fee | Rs 300 | Rs 300 | Rs 300 |
| Reload Fee | Rs 75 | Rs 75 | Rs 75 |
| Reissue Fee | Rs 100 | Rs 100 | Rs 100 |
| ATM Cash Withdrawal | USD 2.00 | EURO 0.50 | GBP 0.50 |
HDFC Bank ISIC Student ForexPlus Card is an excellent option for students looking for a reliable and convenient way to manage their finances while studying abroad.
The HDFC Bank ISIC Student ForexPlus Card is a prepaid travel card that allows students to load multiple foreign currencies onto one card.
This can be helpful when travelling to various countries or purchasing numerous currencies.
If you are a student thinking of studying abroad, the HDFC Bank ISIC Student ForexPlus Card is a great option.
With its low foreign currency markup fee and wide range of features and benefits, the card can help you save money while studying abroad.
If you are interested in this card and want to know more about it –
| Product | Do you find it interesting? | |
|---|---|---|
| HDFC Bank ISIC Student ForexPlus CardFor Indian Students studying Abroad
| Let’s Explore !! |
How to use credit cards wisely
For a few reasons, using a credit card wisely is vital for students in India:
- It can help build their credit score. A good credit score is critical for students because it will help them get loans for school or a car later in life.
- Using a credit card wisely can help students save money. They can avoid paying interest on their purchases by paying off their monthly balance.
- Using a credit card wisely can help students learn to budget and manage their finances.
By tracking their spending and sticking to a budget, they can learn how to better manage their money.
Conclusion
If you’re a student in India, you know how important it is to have a sound credit card. After all, a good credit card can help you build your credit score, which will come in handy when you graduate and start looking for a job.
With that in mind, we’ve compiled a list of the 5 best credit cards for students in India.
From cash-back rewards to low-interest rates, these cards have everything you need to start your financial journey. So, review our recommendations and see which is right for you.
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FAQs
What is the best credit card for students in India?
There is no perfect answer to this question. The best credit card for students in India depends on the individual’s financial situation and needs. However, some good options for student credit cards in India include the SBI Student Plus Advantage Credit Card and the HDFC Bank Millennia Credit Card.
How can I get a student credit card in India?
To get a student credit card in India, you must meet the eligibility criteria set by the bank or financial institution. Some of the standard eligibility criteria include being an Indian citizen, being 18 years of age or older, and having a regular source of income. You will also need to provide proof of enrolment at an educational institution.
What are the benefits of using a student credit card in India?
Student credit cards can be beneficial for several reasons. They can help students build a good credit history, which can be helpful when they apply for loans in the future. Student credit cards also offer special discounts and rewards programs to save students money on everyday expenses.
