Finding a student credit card with low interest is, without a doubt, the smartest initial step for any university student who wishes to build a solid financial life in the United States.
Many students do not know that a student credit card with low interest offers much more than just a reduced annual percentage rate. It functions as a hands-on financial education tool.
In this guide, we will explore the best student credit card with low interest options available. We will look at every detail that matters to your wallet. You will soon discover which issuers offer fee waivers, which cashback programs, among other advantages.
Main Student credit card with low interest Options
1. Discover it® Student Cash Back (Student credit card with low interest)
The Discover it® Student Cash Back is a good card for those who plan their spending in advance.
Initially, the most notable feature of this card is its dynamic rewards system.
As a rule, each quarter, the user has the opportunity to activate specific categories — which may include supermarkets, gas stations, or restaurants — to receive 5% cashback.
All other purchases, outside these bonus categories, guarantee a fixed return of 1%.
In terms of costs, the card offers considerable initial financial relief.
Be aware that the cardholder enjoys 0% introductory APR on purchases for the first six months. For balance transfers, the rate is 10.99% for the same period.
After the promotional phase ends, the regular APR is between 16.49% and 25.49%, varying according to the credit analysis.
An exclusive benefit is the Cashback Match at the end of the first year; Discover automatically doubles all accumulated cashback, with no spending cap.
2. Discover it® Student Chrome
For those seeking consistency without the need to track activation calendars, the Discover it® Student Chrome is the ideal alternative.
It simplifies the earnings structure by offering a fixed 2% cashback at gas stations and restaurants, limited to US$1,000 in purchases per quarter.
Other expenses earn 1%. This configuration perfectly suits the profile of the student who drives or eats out frequently.
The interest conditions are equally attractive, with 0% introductory APR on purchases for six months and 0% on balance transfers for an extended period of 18 months. After this period, the rate adjusts to the range of 17.49% to 26.49%.
3. Capital One Savor Student Cash Rewards (Student credit card with low interest)
The Capital One Savor Student Cash Rewards stands out for offering aggressive return percentages in categories that dominate the university bank statement.
First, the card grants unlimited 3% cashback at grocery stores, restaurants, entertainment, and popular streaming services.
Additionally, hotel and rental car reservations made through the Capital One Travel portal yield 5%. While purchases at Capital One Entertainment generate 8%. Other acquisitions guarantee 1% back.
Although it does not have an introductory APR period, operating with variable rates between 18.49% and 28.49%.
Furthermore, the card compensates with a US$50 welcome bonus after spending US$100 in the first three months.
Keep in mind that the associated app is highly rated, offering credit monitoring and real-time security alerts.
4. Capital One Quicksilver Student Cash Rewards
Simplicity is the engine of the Capital One Quicksilver Student Cash Rewards.
First and foremost, this card eliminates the complexity of categories, offering unlimited 1.5% cashback on all purchases.
Therefore, whether buying textbooks, electronics, or food, the return is guaranteed. Additionally, using the Capital One Travel portal to book lodging and vehicles guarantees 5% cashback.
Interest rates range from 18.49% to 28.49%, with no initial zero interest offer.
However, the US$50 signup bonus after spending US$100 in the first three months remains a valuable incentive.
The referral program is a differentiator, allowing you to accumulate up to US$500 annually in credits by recommending friends.
5. Chase Freedom Rise (Student credit card with low interest)
The Chase Freedom Rise is a strategic gateway to the ecosystem of one of the country’s largest banks.
Keep in mind that you will receive 1.5% cashback on all purchases. It competes directly with the Quicksilver.
Furthermore, an immediate financial incentive is the US$25 statement credit granted to users who enroll in automatic payments, fostering the discipline of paying bills on time.
As a rule, the interest rate is fixed at 25.49% variable, and the card does not offer a promotional APR period.
Finally, the card also offers 5% cashback on Lyft rides and benefits on partner services. Protections like trip cancellation insurance and extended warranty add value, protecting the student’s purchases and experiences.
6. Bank of America® Travel Rewards Credit Card for Students
If the goal is to accumulate miles for travel, the Bank of America® Travel Rewards Credit Card for Students is the superior choice.
The points system grants 1.5 points per dollar on any purchase.
Know that the great advantage is flexibility: points can be used to deduct expenses with airfare, hotels, and even meals, functioning as a statement credit, without restrictions on dates or airlines.
This card offers one of the longest introductory periods on the market. You will get 15 billing cycles with 0% APR for purchases and balance transfers. After this time, the rate varies between 17.74% and 27.74%.
There is a bonus of 25,000 points (equivalent to about US$250) for those who spend US$1,000 in the first 90 days. With no annual fee and no international fees, it is perfect for exchanges.
7. Discover it® Secured Credit Card
The Discover it® Secured Credit Card is the ultimate solution for those who have no credit history or need to repair it.
Operating with a refundable security deposit between US$200 and US$2,500, it offers the same benefits as a traditional card: 2% cashback at gas stations and restaurants (up to US$1,000 quarterly) and 1% on other purchases.
The interest rate for purchases is 26.49% variable, but there is an offer of 10.99% for six months on balance transfers.
Finally, its great asset is the periodic evaluation that Discover performs to check eligibility for migration to a card without a deposit, returning the initial amount to the user.
8. Deserve® EDU Mastercard for Students
The Deserve® EDU Mastercard stands out for inclusion.
First, it accepts international students without a Social Security Number (SSN), requiring only a passport and visa for analysis.
The card offers 1% cashback on everything and a singular benefit: the reimbursement of the Amazon Prime Student subscription for up to 12 months after spending US$500 in the first three cycles.
With limits that can reach US$5,000, this card offers a superior margin of maneuver compared to the average.
Comparative Table of Student Credit Cards with Low Interest
| Card | Regular APR (Variable) | Annual Fee |
| Discover it® Student Cash Back | 16.49% – 25.49% | US$ 0 |
| Discover it® Student Chrome | 17.49% – 26.49% | US$ 0 |
| Capital One Savor Student | 18.49% – 28.49% | US$ 0 |
| Capital One Quicksilver Student | 18.49% – 28.49% | US$ 0 |
| Chase Freedom Rise | 25.49% | US$ 0 |
| Bank of America® Travel Rewards | 17.74% – 27.74% | US$ 0 |
| Discover it® Secured | 26.49% | US$ 0 |
| Deserve® EDU Mastercard | 22.99% | US$ 0 |
| Petal 2 Visa | 13.74% – 27.74% | US$ 0 |
| Firstcard Secured | 0% (Deposit) | US$ 72 – US$ 144 |
Conclusion
Choosing the correct Student credit card with low interest is a decision that will resonate throughout your adult financial life.
The options detailed in this guide prove that the market is full of opportunities for those seeking accessible, transparent, and advantageous credit.
Whether through generous rewards, zero fees, or ease of approval for foreigners, there is a product tailored to your specific need.
As you reflect on this choice, understand that the credit card, when used well, ceases to be a source of debt to become a powerful ally.
Do not postpone the start of your credit-building journey. Analyze the tables, review the benefits, and select the option that best fits your student profile. Apply today via mobile or computer.
Do you have questions about how to get your card? Then, we recommend you see now how to apply for credit card online.