Are you a College student looking for a credit card? If so, you may be considering the Bank of America Student Credit Card along with its review to choose one for yourself according to your needs. This card offers a number of benefits for college students. Here is a Comprehensive Guide For a Bank Of America Credit Card along with requirements, approval odds, Limits, and Pre-approval for 2023.
Why Buy a Bank Of America Student Credit Card?
- No annual fee
- 0% introductory APR for 18 months on purchases and balance transfers
- Cash rewards on all purchases
- Travel rewards
- Purchase protection
- Extended warranty
In this guide, we will provide you with all the information you need to know about the Bank of America Student Credit Card, including the benefits, fees, and how to apply.
What Are The Benefits of a Bank Of America Student Credit Card?
The Bank of America Student Credit Card For also college student offers a number of benefits that can be helpful for students, including:
No Annual Fees:
There is no annual fee for the Bank of America Student Credit Card. This can save you money in the long run.
0% introductory APR for 18 months on purchases and balance transfers, This means that you will not have to pay interest on your purchases or balance transfers for the first 18 months. This can be a great way to save money on interest if you plan to make a large purchase or transfer a balance from another credit card. Check out Best Credit Card with 0% APR for students.
Cash rewards on all purchases:
You will earn cash rewards on all purchases made with your Bank of America Student Credit Card. The amount of cash rewards you earn will depend on the type of purchase. For example, you will earn 1.5% cash rewards on gas purchases and 3% cash rewards on travel purchases.
Travel rewards:
You can also earn travel rewards with your Bank of America Student Credit Card. You can redeem your travel rewards for flights, hotels, and other travel expenses.
Purchase protection:
Purchase protection is a benefit that covers your purchases against damage or theft for up to 120 days. This can help you if you purchase something that is damaged or stolen shortly after you buy it.
Extended warranty:
Extended warranty is a benefit that extends the manufacturer’s warranty on your purchases for up to an additional year. This can help you if your product breaks down within the extended warranty period.
More Benefits :
| Benefit | Details |
|---|---|
| No annual fee | Most Bank of America student credit cards have no annual fee, so you can start building your credit without having to pay a yearly fee. |
| Cash back rewards | Some Bank of America student credit cards offer cash back rewards on all purchases, while others offer rewards in specific categories, such as gas, groceries, or travel. You can redeem your rewards for cash, statement credits, or travel. |
| Intro APR offer | Some Bank of America student credit cards offer an introductory 0% APR on purchases for a limited time, typically 12 to 18 months. This can be a great way to save money on interest if you pay off your balance in full during the intro period. |
| Credit building tools | Bank of America offers a variety of credit building tools to help students learn about and manage their credit responsibly. These tools include access to your credit score and report, as well as educational resources on credit usage. |
| Other benefits | Some Bank of America student credit cards offer other benefits, such as travel insurance, purchase protection, and extended warranties. |
Bank Of America Credit Cards Requirements?
Here are some of the minimum Bank of America student credit card requirements for securing a Bank of America credit card:
Please note that these are just the general requirements for a Bank of America college credit card. Your specific application may be reviewed differently based on your individual credit history and other factors.
In addition to the above requirements, you will also need to provide the following information when you apply for a Bank of America student credit card:
- Your name, address, and date of birth
- Your Social Security number
- Your employer and income information
- Your bank account information
You may also need to provide additional information, such as a copy of your student ID or a letter from your school.
Once you have submitted your application, Bank of America will review it and let you know if you have been approved. If you are approved, you will receive your credit card in the mail within 7-10 business days.
Bank of America Student Credit Card Pre-Approval:
Pre-approval for a Bank of America student credit card means that you have been identified as a potential customer who is likely to be approved for a credit card. This is based on your credit history, income, and other factors.
There are a few ways to get pre-approved for a Bank of America student credit card:
Online:
You can check your pre-approval status online by logging into your Bank of America account or by visiting the Bank of America website.
Mobile app:
You can also check your pre-approval status on the Bank of America mobile app.
In-person:
You can visit a Bank of America branch and speak to a representative to see if you are pre-approved for a student credit card.
If you are pre-approved for a Bank of America student credit card, you will receive an offer that includes the following information:
- The credit card you are pre-approved for
- The interest rate you will be offered
- The credit limit you will be offered
You can then choose to accept or decline the offer. If you accept the offer, you will need to complete a formal application process.
Benefits of Pre-Approval
There are a few benefits to being pre-approved for a Bank of America student credit card:
You are more likely to be approved:
If you are pre-approved for a student credit card, you are more likely to be approved for the card when you formally apply.
You can compare offers:
If you are pre-approved for multiple student credit cards, you can compare the offers and choose the card that is right for you.
You can get a head start on building your credit:
If you accept the pre-approval offer and use the credit card responsibly, you can start building your credit history right away.
Pre-Approval Does Not Guarantee Approval
It is important to note that being pre-approved for a Bank of America student credit card does not guarantee that you will be approved for the card when you formally apply. Bank of America will still review your application and make a decision based on your credit history, income, and other factors.
Fees For Bank of America Credit Card?
The Bank of America Student Credit Card has a few fees that you should be aware of, including:
Balance transfer fee:
There is a 3% fee for balance transfers made with the bank of America college credit card.
Late payment fee:
There is a late payment fee of up to $35 if you make a late payment on your credit card bill.
How to Apply For a Bank of America Student Credit Card?
To apply for the Bank of America Student Credit Card, you will need to meet the following requirements:
- Be a student enrolled in an accredited college or university
- Have a good credit history
You can apply for the Bank of America Student Credit Card online or by calling 1-800-432-1000.
Bank of America Student Credit Card Review:
Based on the reviews we analyzed on the web, Bank of America offers several credit cards for students, including the BankAmericard® Credit Card for Students, the Bank of America® Customized Cash Rewards credit card for Students, the Bank of America® Travel Rewards credit card for Students, and the Bank of America® Unlimited Cash Rewards credit card for Students.
The BankAmericard® Credit Card for Students is a good option if your focus is on financing a purchase or paying off high-interest debt without interest for a long period. It offers a 0% APR for 18 billing cycles on purchases and balance transfers posted within the first 60 days after account opening1. However, it’s not likely to be the best option out there for reward-earners.
The Bank of America® Customized Cash Rewards credit card for Students is a solid choice for students interested in earning cash back while building good credit habits and financial history. It earns 3% cash back in the category of choice and an automatic 2% at grocery stores and wholesale clubs. Bonus earning is limited to the first $2,500 in the 3% and 2% categories combined each quarter2. The card also offers a solid welcome bonus and introductory APR.
The Bank of America® Travel Rewards credit card for Students is an excellent option for college students. It offers a simple rewards structure, a $0 annual fee, and a good welcome bonus3. You’ll earn 1.5 points per $1 spent on purchases and 3 points per $1 spent on eligible travel booked through the Bank of America® Travel Center.
All of these cards have an annual fee of $0. You can learn more about each card’s features and benefits by visiting the Bank of America website.
bank of America student credit card limit:
Below is The list of Credit cards with their actual limits of 2023
| Card | Credit Limit | Annual Fee |
|---|---|---|
| BankAmericard® Credit Card for Students | $500 – $1,000 | $0 |
| Bank of America Cash Rewards Credit Card for Students | $500 – $1,000 | $0 |
| Bank of America Unlimited Cash Rewards Student Credit Card | $500 – $1,000 | $0 |
Please note that these are just the minimum and maximum credit limits. Your actual credit limit may be higher or lower, depending on your credit history, income, and other factors.
Here are some other things to keep in mind about student credit card credit limits:
- Credit card issuers typically start students with lower credit limits than they would give to adults with more established credit histories. This is because college students are more likely to have shorter credit histories and lower incomes, which makes them riskier borrowers.
- As you use your credit card responsibly and make your payments on time, your credit score will improve. This could lead to your credit limit being increased.
- You can also request a credit limit increase from your credit card issuer. However, it’s important to make sure that you can still afford to make your payments if your credit limit is increased.
Overall, the credit limit on your student credit card is just one factor to consider when choosing a card. Other factors to consider include the card’s rewards program, fees, and interest rate.
Here is a comparison of the top credit card providers with Bank of America Credit Card!
| Provider | Interest Rate | Reviews | Maximum Daily Amount |
|---|---|---|---|
| Bank of America | 16.49% APR | 4.5/5 stars | $2,000 |
| Chase Freedom Unlimited | 0% intro APR for 15 months on purchases and balance transfers, then 16.49%-25.24% Variable APR | 4.8/5 stars | $10,000 |
| Capital One SavorOne Cash Rewards | 0% intro APR for 15 months on purchases and balance transfers, then 16.49%-26.49% Variable APR | 4.5/5 stars | $3,000 |
| Discover it® Cash Back | 0% intro APR for 15 months on purchases and balance transfers, then 14.99%-24.99% Variable APR | 4.5/5 stars | $2,500 |
| Citi® Double Cash Card | 0% intro APR for 18 months on purchases and balance transfers, then 15.49%-25.49% Variable APR | 4.5/5 stars | $3,000 |
As you can see, the Bank of America Student Credit Card has a higher interest rate than some of the other cards on this list. However, it also has a lower maximum daily amount. Ultimately, the best credit card for you will depend on your individual needs and circumstances.
Here are some additional factors to consider when choosing a credit card:
Annual fee:
Some credit cards have an annual fee, while others do not. If you are on a tight budget, you may want to choose a card without an annual fee.
Rewards:
Many credit cards offer rewards, such as cashback, travel points, or merchandise. If you are interested in earning rewards, you will need to choose a card that offers the rewards that you are most interested in.
Interest rate:
The interest rate on a credit card is the amount of interest that you will pay on your balance if you do not pay it off in full each month. If you have a tendency to carry a balance, you will want to choose a card with a low-interest rate.
Credit limit:
The credit limit is the maximum amount of money that you can borrow on your credit card. If you are a new credit card user, you may have a lower credit limit. As you build your credit history, your credit limit may increase.
It is important to compare different credit cards before you choose one. You can use a credit card comparison tool to compare different cards side-by-side.
The Best Credit Cards for Students in 2023
Choosing the right credit card can be a daunting task, especially for students. There are so many different factors to consider, such as interest rates, rewards, and fees. To help you make the best decision, we have compiled a list of the best credit cards for students in 2023.
Bank of America Travel Rewards Credit Card for Students
The Bank of America Travel Rewards Credit Card for Students is a great option for students who want to earn travel rewards. The card offers unlimited 1.5 points for every $1 you spend on all purchases. There are no blackout dates or restrictions, and points do not expire. You can use your points to book flights, hotels, vacation packages, cruises, rental cars, or baggage fees. The card also has a 0% introductory APR for 18 billing cycles on purchases and balance transfers. Read Full Review for Bank of America Credit Card For Students.
Chase Freedom Unlimited
The Chase Freedom Unlimited is another great option for students who want to earn rewards. The card offers 1.5% cash back on all purchases, and there is no annual fee. You can redeem your cash back for statement credits, travel, or merchandise. The card also has a 0% introductory APR for 15 months on purchases and balance transfers.
Capital One SavorOne Cash Rewards
The Capital One SavorOne Cash Rewards is an excellent option for students who want to earn cash back on dining and entertainment. The card offers 3% cash back on dining, 2% cash back on entertainment, and 1% cash back on all other purchases. There is no annual fee. You can redeem your cash back for statement credits, travel, or merchandise.
Discover it® Cash Back
The Discover it® Cash Back is an excellent option for students who want to earn cash back with a rotating bonus category. The card offers 5% cash back on rotating bonus categories and 1% cash back on all other purchases. There is no annual fee. You can redeem your cash back for statement credits, travel, or merchandise.
Citi® Double Cash Card
The Citi® Double Cash Card is an excellent option for students who want to earn cash back on every purchase. The card offers 2% cash back on all purchases: 1% when you buy and 1% when you pay your bill. There is no annual fee. You can redeem your cash back for statement credits, travel, or merchandise.
Which credit card is right for you?
The best credit card for you will depend on your individual needs and circumstances. Consider your spending habits, your budget, and your credit history when choosing a card. It is also important to compare different credit cards before you choose one. You can use a credit card comparison tool to compare different cards side-by-side.
Tips for using a credit card responsibly
Once you have chosen a credit card, it is important to use it responsibly. Here are a few tips:
- Pay your bill in full each month to avoid interest charges.
- Do not max out your credit card.
- Only use your credit card for purchases that you can afford to repay.
- Build your credit history by making on-time payments and keeping your credit utilization low.
Here is a comparison of the Bank of America Travel Rewards credit card with other available Travel credit cards.
| Feature | Bank of America Travel Rewards | Chase Sapphire Preferred® Card | Capital One Venture Rewards® |
|---|---|---|---|
| Annual fee | $0 | $95 | $95 |
| Welcome bonus | 25,000 points after you make at least $1,000 in purchases in the first 90 days | 60,000 points after you spend $4,000 on purchases in the first 3 months from account opening | 60,000 miles after you spend $4,000 on purchases in the first 3 months |
| Rewards | 2 points per dollar on travel and dining purchases, and 1.5 points per dollar on all other purchases | 2 points per dollar on travel and dining purchases, and 1 point per dollar on all other purchases | 2 miles per dollar on all purchases |
| Redemption options | Can be redeemed for travel through the Bank of America Travel Center, or for statement credits against travel purchases | Can be redeemed for travel through Chase Ultimate Rewards®, or for cash back, gift cards, or merchandise | Can be redeemed for travel through Capital One Travel, or for cash back, gift cards, or merchandise |
| Other benefits | No foreign transaction fees, 25%-75% more points on every purchase with Preferred Rewards, up to $200 in combined Airline Incidental and TSA PreCheck®/Global Entry Statement Credits | No foreign transaction fees, travel credits, and purchase protection | No foreign transaction fees, travel credits, and purchase protection |
| My opinion | The Bank of America Travel Rewards credit card is a good option for travelers who want a no-annual-fee card with simple rewards. The Chase Sapphire Preferred® Card is a good option for travelers who want a card with more travel benefits and a higher welcome bonus. The Capital One Venture Rewards® is a good option for travelers who want a card with a high rewards rate and no foreign transaction fees. |
Ultimately, the best travel credit card for you will depend on your individual needs and spending habits. If you are looking for a no-annual-fee card with simple rewards, the Bank of America Travel Rewards credit card is a good option.
If you are looking for a card with more travel benefits and a higher welcome bonus, the Chase Sapphire Preferred® Card is a good option. And if you are looking for a card with a high rewards rate and no foreign transaction fees, the Capital One Venture Rewards® is a good option.
Comparison of the Bank of America Cash Rewards Credit Card for Students with other popular student credit cards:
| Feature | Bank of America Cash Rewards Credit Card for Students | Discover it® Student Cash Back | Capital One® SavorOne Student Cash Rewards Credit Card |
|---|---|---|---|
| Annual fee | $0 | $0 | $0 |
| Welcome bonus | $200 after you make $1,000 in purchases in the first 90 days | $20 after you make your first purchase | $300 after you spend $3,000 on purchases in the first 3 months |
| Cash back rewards | 3% cash back in your choice of gas, online shopping, dining, travel, drug stores, or home improvement/furnishings; 2% cash back at grocery stores and wholesale clubs (on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter); 1% cash back on all other purchases | 5% cash back on rotating categories that change every quarter; 1% cash back on all other purchases | 3% cash back on dining, entertainment, and streaming; 2% cash back at grocery stores; 1% cash back on all other purchases |
| Introductory APR | 0% intro APR for 18 billing cycles for purchases and balance transfers, after that a variable APR of 17.74% – 27.74% applies | 0% intro APR for 15 months on purchases and balance transfers, after that a variable APR of 19.49% – 26.49% applies | 0% intro APR for 15 months on purchases and balance transfers, after that a variable APR of 16.49% – 26.49% applies |
| Late payment fee | $35 | $25 | $39 |
| Foreign transaction fee | 3% | 3% | 3% |
Best for:
- Bank of America Cash Rewards Credit Card for Students: Students who want to earn cash back on their purchases and who have a good credit history.
- Discover it® Student Cash Back: Students who want to earn cash back on their purchases and who are willing to rotate their spending categories.
- Capital One® SavorOne Student Cash Rewards Credit Card: Students who spend a lot of money on dining and entertainment.
Ultimately, the best student credit card for you will depend on your spending habits and your credit history. If you have good credit, you may be able to qualify for a card with a higher rewards rate and a lower APR. If you have limited credit history, you may want to start with a card that has a lower annual fee and a longer introductory APR period.
Bank of America student credit card approval odds:
SO You as a college student want to know what the odds of getting your boa cards approved but I would like to inform you that It Depends on various factors so let’s analyze the one by one, After analyzing that might give a high chances of your student credit cards approval:
The approval odds for Bank of America student credit cards for college students vary depending on a number of factors, including:
Your credit history:
If you have a good credit history, with a FICO score of 690 or higher, you’re more likely to be approved for a student credit card from Bank of America.
Your income:
Bank of America will want to see that you have enough income to afford the monthly payments on your credit card.
Your student status:
Bank of America does not require proof of student status, but it may be helpful to have a student ID and an active college email address.
Your employment status:
If you have a part-time job or other source of income, this will also help your chances of approval.
Your debt-to-income ratio: Bank of America will want to see that you have a manageable debt-to-income ratio. This means that your monthly debt payments should not exceed a certain percentage of your income.
In general, students with good credit history and income are more likely to be approved for a Bank of America student credit card. However, even students with limited credit history or no credit history may be approved if they have other factors in their favor, such as a steady income or a cosigner.
Here is a list of the Bank of America student credit cards and their estimated approval odds for college students:
| Card | Estimated Approval Odds |
|---|---|
| BankAmericard® Credit Card for Students | Good |
| Bank of America Cash Rewards Credit Card for Students | Good |
| Bank of America Unlimited Cash Rewards Student Credit Card | Good |
| Bank of America® Travel Rewards Credit Card for Students | Fair |
The Bank of America® Travel Rewards Credit Card for Students has the lowest estimated approval odds because it offers a higher rewards rate than the other cards. This means that Bank of America is more likely to approve students with good credit history for this card.
If you’re not sure if you’ll be approved for a Bank of America student credit card, you can use their pre-qualification tool to get an estimate of your chances. This tool will not affect your credit score.
Here are some tips to improve your chances of approval for a Bank of America student credit card:
- Get a copy of your credit report and review it for any errors.
- Pay down any debt you have and keep your credit utilization low.
- Get a part-time job or other source of income.
- Ask a parent or guardian to cosign for your application.
Does Bank of America have Student Accounts?
Bank of America offers a variety of student accounts that can help you manage your money and reach your financial goals. With no monthly maintenance fees for students under 25, Bank of America makes it easy to get started with banking.
Here are some of the benefits of opening a student account with Bank of America:
No monthly maintenance fees:
Bank of America waives the monthly maintenance fee for student accounts under 25. This means you can save money on your banking fees, so you can put more money towards your education and other expenses.
Free ATM withdrawals:
Bank of America ATMs are located all over the country, so you can easily access your money when you need it. And, with the Bank of America Mobile Banking app, you can even withdraw cash from an ATM without a card.
Low overdraft fees:
Bank of America offers low overdraft fees, so you can avoid paying high fees if you overdraw your account.
Rewards:
Bank of America offers a variety of rewards programs for students, including cash back, travel rewards, and discounts on merchandise.
If you’re a student, opening a Bank of America student account is a great way to start building your financial future. With no monthly maintenance fees, free ATM withdrawals, and low overdraft fees, Bank of America makes it easy to manage your money and reach your financial goals.
Extra Info For Students who are opening a Bank of America Student Account:
Make sure you meet the eligibility requirements: To qualify for a student account, you must be under 25 years old and enrolled in a full-time degree program at an accredited college or university.
Choose the right account for your needs:
Bank of America offers a variety of student accounts, so you can choose the one that best meets your needs. If you don’t need a lot of features, you may want to consider a basic checking account. If you need more features, such as overdraft protection or a rewards program, you may want to consider a premium checking account.
Set up direct deposit:
Direct deposit is a great way to get your paycheck or other income directly deposited into your bank account. This can help you avoid overdraft fees and make it easier to track your spending.
Use the Bank of America Mobile Banking app:
The Bank of America Mobile Banking app is a great way to manage your money on the go. You can use the app to check your balance, transfer money, pay bills, and more.
Here are some additional factors to consider when choosing a student credit card:
Rewards:
Consider the types of rewards you want to earn, such as cashback, travel points, or merchandise.
Interest rate:
The interest rate is the cost of borrowing money, so you’ll want to choose a card with a low interest rate if you plan to carry a balance.
Annual fee:
Some student credit cards have an annual fee, so you’ll want to choose a card without an annual fee if you can.
Introductory APR:
Some student credit cards offer an introductory APR period, which means you won’t pay interest on purchases or balance transfers for a certain period of time. This can be a great way to save money on interest if you plan to make a large purchase or transfer a balance.
Once you’ve considered these factors, you can start comparing student credit cards to find the best one for you. Be sure to read the terms and conditions carefully before you apply for any card.
Credit score For Bank of America student credit card?
here is a brief overview of the credit score requirements for Bank of America student credit cards:
Bank of America Cash Rewards Credit Card for Students:
Good to excellent credit, with a FICO credit score of at least 690.
Bank of America® Unlimited Cash Rewards Credit Card for Students:
Good to excellent credit, with a FICO credit score of at least 690.
BankAmericard® Secured Credit Card for Students:
Fair credit, with a FICO credit score of at least 620.
Please note that these are just general guidelines, and your actual credit score may vary depending on your individual circumstances. If you’re not sure what your credit score is, you can get a free copy of your credit report from AnnualCreditReport.com once a year.
If you have good to excellent credit, you may be able to qualify for a Bank of America student credit card with no annual fee and a variety of rewards. If you have fair credit, you may want to consider a secured credit card, which requires a security deposit but can help you build your credit history.
No matter what type of credit card you choose, be sure to use it responsibly by paying your bill in full each month and avoiding late payments. This will help you build a good credit history and qualify for better interest rates and rewards in the future.
Tips for using a student credit card responsibly:
- Only charge what you can afford to pay off in full each month.
- Set up automatic payments so you never miss a bill.
- Pay attention to your credit card statement and dispute any errors promptly.
- Keep your credit utilization low by only using a small portion of your credit limit each month.
List Of Bank of America Credit Cards 0 interest 18 months.
Here are some Bank of America credit cards that offer 0% interest for 18 months:
- Bank of America® Travel Rewards credit card
- Bank of America® Customized Cash Rewards credit card
- Bank of America® Unlimited Cash Rewards credit card
These cards all have different rewards programs, so be sure to compare them before you choose one.
Here is a table that summarizes the key features of each card:
| Card | Intro APR | Annual fee | Rewards |
|---|---|---|---|
| Bank of America® Travel Rewards credit card | 0% for 18 months on purchases and balance transfers | $95 | Earn 2x points on travel and dining, and 1 point per dollar on all other purchases. Points can be redeemed for travel, cash back, or gift cards. |
| Bank of America® Customized Cash Rewards credit card | 0% for 18 months on purchases and balance transfers | $0 | Earn 3% cash back in your choice category each month, plus 2% cash back at grocery stores and wholesale clubs and 1% cash back on all other purchases. |
| Bank of America® Unlimited Cash Rewards credit card | 0% for 18 months on purchases and balance transfers | $0 | Earn 2% cash back on all purchases. |
Please note that these are just a few of the many Bank of America credit cards that offer 0% interest for 18 months. Be sure to compare all of your options before you choose a card.
Steps To Apply For a Bank of America Credit Card
Here are the steps on how to apply for a Bank of America student credit card:
- Go to the Bank of America website and click on “Apply for a Credit Card.”
- Select the “Student Credit Cards” tab.
- Select the card you want to apply for.
- Enter your personal information, including your name, address, and Social Security number.
- Enter your income and employment information.
- Answer a few questions about your credit history.
- Review the terms and conditions of the card and click “Submit.”
Once you submit your application, Bank of America will review it and let you know if you’ve been approved. If you’re approved, you’ll receive your credit card in the mail within a few weeks.
Here are some additional tips for applying for a Bank of America student credit card:
Make sure you have a good credit score.
The higher your credit score, the more likely you are to be approved for a credit card.
Be prepared to provide proof of income.
Bank of America will want to see proof that you have a steady income.
Be honest about your credit history.
If you have any negative marks on your credit report, be honest about them.
Apply online.
Applying online is the easiest and quickest way to apply for a credit card.
What is a Student Credit Card without an SSN?
A student credit card without SSN is a credit card that can be obtained by students who do not have a Social Security Number (SSN). This can be helpful for international students who are not eligible for an SSN, or for students who have recently moved to the United States and do not yet have an established credit history.
There are a few different student credit cards that do not require an SSN. Some of the most popular options include:
Deserve EDU Mastercard:
This card offers a 0% APR introductory period for 15 months, and it also earns 2% cash back on gas and dining purchases.
Bank of America Cash Rewards for Students:
This card offers a 3% cash-back rewards rate on gas and dining purchases, and it also has no annual fee.
Capital One Journey Student Credit Card:
This card offers a 1% cash-back rewards rate on all purchases, and it also has no annual fee.
When applying for a student credit card without an SSN, you will need to provide the following information:
- Your name, address, and date of birth
- Your school information
- Your income information
- Your ITIN (if you have one)
The credit card issuer will use this information to assess your creditworthiness and determine whether to approve your application.
If you are approved for a student credit card without an SSN, it is important to use it responsibly. This means paying your bill on time in full each month, and not carrying a balance from month to month. By using your credit card responsibly, you can start to build your credit history and improve your chances of being approved for other types of credit in the future.
some additional tips for using a student credit card without an SSN:
Set a budget and stick to it.
When you first start using a credit card, it can be easy to overspend. To avoid this, set a budget and stick to it. Only use your credit card for purchases that you can afford to pay off in full each month.
Pay your bill on time in full.
This is the most important thing you can do to build your credit history. Make sure to pay your bill on time in full each month, even if it is the minimum payment.
Keep your credit utilization low.
Credit utilization is the percentage of your available credit that you are currently using. It is a major factor in your credit score. To keep your credit utilization low, only charge what you can afford to pay off in full each month.
Don’t apply for too many credit cards at once.
Applying for too many credit cards in a short period of time can hurt your credit score. If you are planning to apply for a new credit card, make sure to space out your applications.
Questions Related To Bank of America Credit Card
What are the credit score requirements for a Chase student credit card?
The credit score requirements for a Chase student credit card vary depending on the specific card. In general, you’ll need a good to excellent credit score to qualify for a Chase student credit card.
What are the benefits of a Chase student credit card?
Chase student credit cards offer a variety of benefits, including cash-back rewards, travel rewards, and sign-up bonuses.
What are the drawbacks of a Chase student credit card?
Chase student credit cards can have high interest rates and annual fees. It’s important to compare different cards before you apply to find one that’s right for you.
What are the credit score requirements for a Bank of America credit card?
The credit score requirements for a Bank of America credit card vary depending on the specific card. In general, you’ll need a good to excellent credit score to qualify for a Bank of America credit card.
What are the benefits of a Bank of America credit card?
Bank of America credit cards offer a variety of benefits, including cash-back rewards, travel rewards, and sign-up bonuses.
What are the drawbacks of a Bank of America credit card?
Bank of America credit cards can have high-interest rates and annual fees. It’s important to compare different cards before you apply to find one that’s right for you.
What are the benefits of a Bank of America student debit card?
Bank of America student debit cards offer a variety of benefits, including no annual fee, no foreign transaction fees, and access to Bank of America ATMs.
What are the drawbacks of a Bank of America student debit card?
Bank of America student debit cards don’t offer rewards or cash back.
What are the credit score requirements for a Capital One student credit card?
The credit score requirements for a Capital One student credit card vary depending on the specific card. In general, you’ll need a fair to good credit score to qualify for a Capital One student credit card.
What are the benefits of a Capital One student credit card?
Capital One student credit cards offer a variety of benefits, including cash-back rewards, travel rewards, and sign-up bonuses.
What are the drawbacks of a Capital One student credit card?
Capital One student credit cards can have high-interest rates and annual fees. It’s important to compare different cards before you apply to find one that’s right for you.
What are the credit score requirements for a student travel credit card?
The credit score requirements for a student travel credit card vary depending on the specific card. In general, you’ll need a good to excellent credit score to qualify for a student travel credit card.
What are the benefits of a student travel credit card?
Student travel credit cards offer a variety of benefits, including travel rewards, sign-up bonuses, and travel insurance.
What are the drawbacks of a student travel credit card?
Student travel credit cards can have high-interest rates and annual fees. It’s important to compare different cards before you apply to find one that’s right for you.
What is the minimum payment for the Bank of America Cash Rewards Credit Card for Students?
The minimum payment for the Bank of America Cash Rewards Credit Card for Students is 2% of your balance or $25, whichever is greater.
What is the grace period for the Bank of America Cash Rewards Credit Card for Students?
The grace period for the Bank of America Cash Rewards Credit Card for Students is 21 days. This means that you have 21 days from the date of your statement to make a payment without incurring interest charges.
What is the late payment fee for the Bank of America Cash Rewards Credit Card for Students?
The late payment fee for the Bank of America Cash Rewards Credit Card for Students is $35.
Conclusion:
The Bank of America Student Credit Card is a good option for students who are looking for a credit card with no annual fee and 0% introductory APR on purchases and balance transfers. The card also offers cash rewards on all purchases and travel rewards. If you are a student who is looking for a credit card, the Bank of America Student Credit Card is a good option to consider.