8 Best Student Credit Cards Instant Approval

The Bank of America® Unlimited Cash Rewards credit card is a good option for students who have great credit and want to earn rewards. The card has no annual fee and you earn 1.5% cash back on all purchases. You also earn $200 as a welcome bonus when you spend $1,000 in the first 90 days and students who have a Bank of America savings or checking account may qualify for extra rewards.

The card offers an introductory APR of 0% for 18 months on purchases and transfers. There is a 3% fee if you transfer a balance from another card.

Applying for the card ‌only takes a few minutes and you can get a decision within 30 seconds. The online pre-approval process only requires a soft credit check.

Discover it is a popular credit card lender among students due to its cashback rewards and bonuses. It does not have an annual fee or a minimum credit score requirement which makes it ideal for college students. They claim to process student credit cards as quickly as they can which can be right away through a complete online application. To further speed up the process, they recommend that you apply with your school’s email ID.

The Student Cash Back card reports to the three major credit bureaus and can help you build credit from scratch with responsible use. For the first 6 months, students pay 0% APR on purchases and transfers after which the regular APR applies. It also offers various cash back rewards to students including a 5% cash back quarterly on specific categories and an unlimited 1% on all other purchases.

However, the card charges a late fee and a returned payment fee of up to $41 and it has limited acceptability abroad compared to other payment networks like Mastercard and Visa.

Capital One Quicksilver Student Card is a great instant approval card for students without a good credit score. They claim to approve online applications within 60 seconds if the applicant provides a complete application and meets all their eligibility requirements. However, if they require additional information then the process can take a few days or sometimes more. The actual card will then be received in the mail within the next 10 business days.

This student card offers unlimited cash back of 1.5% on every purchase, every day. Moreover, with this card, you can access 10% cash back on Uber and Uber Eats, and unlimited 5% on hotels and rental cars booked through their travel app. They also offer a $50 cash bonus on spending $100 within the first 3 months of account opening.

Capital One Quicksilver Student Card charges no annual or foreign transaction fee. You can redeem the rewards earned in multiple ways including cash, directly on purchases, and as gift cards. You can also apply for pre-approval for the card to see if you are eligible without hurting your credit score. This card is also available to students new to the U.S., or those who are authorized users on someone else’s credit card.

SavorOne Rewards is another card by Capital One that is exclusively designed for students with limited credit history. It is a great card for those looking for high cash back rewards and instant approval. With this card, you can get a decision within 1 minute of submitting a complete online application.

Capital One SavorOne Rewards for students offers an unlimited cash back of 3% on limited categories like dining, entertainment, grocery stores, and online streaming services, and 1% on all other purchases. Moreover, you can earn 10% in cash back on Uber and Uber Eats, 8% on Entertainment purchases, and 5% on hotels and rental cars booked through the Capital One Travel app. This is also a welcome cash bonus of $50 when you spend $100 in the first quarter, and there is no annual fee or foreign transaction fee associated with the card.

It also offers Travel Accident Insurance, 24-hour Travel Assistance, Complimentary Concierge Service, and other travel-related benefits for its holders. Moreover, you can also redeem your rewards with PayPal.

Bank of America® Customized Cash is a great card to use for students as it offers attractive daily cash back rewards and also a $200 cash rewards welcome bonus upon making at least $1,000 worth of purchases in the first quarter. They offer instant approval and allow instant use too, to those who are existing customers of the Bank and add a new card through their app. For students applying for the first time, they can get an instant decision on their application after submitting a completed application. In case of missing or unverifiable information, the processing times can be extended. The card, however, may take up to a week to arrive in the mail.

They do have a Digital Wallet Technology also and if you need to start using your card soon after approval, then you can add the details to their Digital Wallet mobile app and start using the card without having to wait for it to arrive in the mail.

Moreover, Bank of America® Customized Cash Credit Card comes with 0 annual fees and they charge no APR on purchases for the first 15 billing cycles. The cash back rewards they offer include 3% on a category of your choice, 2% at grocery stores, and an unlimited 1% on all other purchases. These points do not expire for the life of the account and can be redeemed in multiple ways.

Bank of America® Travel Rewards for Students is designed specifically for students with good credit to benefit them through various travel-specific rewards. Existing customers can get instant approval and use if they add this card through the Bank’s app. For first-time applicants, completed applications can get instant decisions; however if there is incomplete information or if it is unverifiable, the processing times may be prolonged.

Students can earn unlimited 1.5 points for every $1 they spend on all purchases everywhere. These points never expire for the life of the account and can used to book trips online, pay for flights, hotels, vacation packages, cruises, rental cars, baggage fees, and dining or take out. Moreover, students can earn 25,000 online bonus points upon spending at least $1,000 in the first quarter of opening their account. This online bonus can be redeemed for a statement credit of $250 that you can use on travel and dining purchases.

Bank of America® Travel Rewards for Students charges no annual fees, no foreign transaction fees, and offers a 0% APR introductory offer for the first 15 billing cycles.

OpenSky Secured Visa is the best credit for people without a checking account. It does not require a credit check and has a few basic eligibility requirements for approval. Upon meeting the requirements, students and other individuals can get approved within a day of applying. OpenSky has an easy online application and they have a high average approval rate of 88%.

The card requires a security deposit of a minimum of $200 and a maximum of $3000. Your credit limit is equal to the security deposit you make and you can pay up your bills via money orders or Western Union also. OpenSky Secured Visa Credit Card can help individuals build their credit as it reports to the three major credit bureaus.

However, there are no rewards associated with this card and it also charges an annual and a foreign transaction fee. The APR rates may be higher than other cards too. This makes the OpenSky Secured Visa an expensive choice for some students.

Discover it® Secured is for anyone who meets the minimum age and residency requirements, and pays the required security deposit. This card is great for students as it does not have a minimum credit score requirement and most students do not have a credit score built up when they apply for a credit card for the first time. You can use this card to build up credit as it reports to the three major credit bureaus.

Moreover, you can get approved for Discover it® Secured within minutes by applying through their website – provided that you submit a complete application, meet the eligibility requirement, and your information is verifiable. The minimum security deposit you need to apply for approval is of $200. The security deposit made is refundable upon closing the account with no debt. After 7 months of responsible use, you are automatically considered for an upgrade to an unsecured credit card.

Discover it® Secured Credit card does not charge any annual fees and it is one of the few secured cards that come with cash back rewards. They offer 2% cash back at gas stations and restaurants on spending a maximum of $1000 each quarter. There is a lower intro APR offer of 10.99% for the first 6 months. Moreover, the cardholder is entitled to an unlimited dollar-for-dollar match against the total cash back rewards earned within the first year.