College isn’t cheap. Moreover, college living expenses, student fees and books can really drain a student’s wallet fast. So, it’s time like that when a student credit card comes in handy. With a student credit card, college students can save a ton of money with short-term financing on a credit card rather than wasting away that student loan money. Many student credit cards offer low interest financing so that they owe less on their purchases. Some student credit cards even offer some excellent incentives to use the card and pay it back so you can keep using it. Best of all, you don’t need an outrageously high credit score to get them. If you are a student, now is the time to apply for a low interest student credit card. Don’t allow your finances to drain dry thanks to student loans or a high interest credit card. The top student credit cards include Journey from Capital One, Discover It Chrome and the Citi ThankYou Preferred Card. If you are interested in applying for a low interest student credit card, read on to learn more.

Top Low Interest Student Credit Cards

  • Capital One Journey Student Rewards Card
  • Discover IT Chrome
  • Citi ThankYou Preferred Card

Capital One Journey Student Rewards Card

The Journey Student Rewards card from Capital One is a terrific card for students with poor or average credit scores. APR’s go for as low as 20.9% and come with no annual fees. After the first five times of monthly payments, you’ll get a higher credit line. Other benefits include $0 fraud liability, financial tools, 24-hour travel assistance, rental insurance and account alerts. When you use the rewards card, you’ll get up to 1% back on all your purchases, but paying on time can get you up to 1.25%. While it is a little higher in interest compared to other cards, it’s the best option with relatively low interest for students who would not qualify for a card with an even lower interest.


  • Good choice for students with poor to average credit
  • APR as low as 20.9% and no annual fees - great for cards offered to students with low credit scores
  • Higher credit line may be available after five monthly payments

Discover It Chrome

The Discover It Chrome is easily one of the best student credit cards out there. It features no penalty for paying late unlike most student credit cards and charges no annual fees. For the first six months, you’ll get 0% APR, after which you’ll get the normal APR of 10.99%. At the end of the first year, students will get a dollar by dollar match on all cash back earned during the first year. Students can earn up to 2% cash back on gas and dining purchases, and 1% for everything else. Students with an average credit score will qualify and will receive a free FICO score every month to keep track of it.


  • No penalty for paying late and no annual fees
  • 0% APR for the first six months
  • Dollar-to-dollar match on all cash-back earned during the first year

Citi ThankYou Preferred Card

Last but not least, the Citi ThankYou Preferred Card offers interest as low as 15.49%. But with the introductory period, you can get 0% interest for seven months and no annual fees, ever. The Citi ThankYou Preferred Card grants you one point in rewards for every dollar you spend. When you spend $500 in the first few months, you’ll get an instant 2,500 in bonus points. When used for restaurant and dining you can earn up to two points, saving you money on your personal student fuel. Cards feature EMV chip technology for secure use and come with theft purchase protection. Students need a “good” credit score to qualify. Check out the Citi bank website to apply online or learn more.


  • Interest as low as 15.9%, with 0% interest for the first seven months
  • No annual fees, ever
  • One point in rewards for every dollar spent, plus 2,500 bonus points after you spend the first $500


When shopping for the best low-interest student credit card, be sure to compare current rates and promotions, so you can be sure to get the best credit card for your need. Keep in mind that applying for credit can affect your credit score, so research the best credit cards before you apply, and only apply for cards that meet your financial needs and goals.