Best Credit Cards For Students With No Income 2024

Credit Cards Personal finance management is a crucial skill on the road to adulthood. Unfortunately, many educational institutions fall short in imparting essential lessons on money management and basic budgeting. While the allure of obtaining a credit card is undeniable, it can turn into a financial trap if handled irresponsibly. Learning to navigate the credit card landscape wisely should commence early in life, ideally during one’s student years, taking measured steps towards establishing a healthy credit score. However, for students without an established credit profile, acquiring a credit card can be a daunting task.

Best Credit Cards For Students With No Income 2024

Best Credit Cards For Students Choosing the Right Financial Companion

To ease this journey, we present a guide to the 12 best credit cards for students, each offering valuable lessons in prudent money management.

Credit Card Annual Fee Best Feature Apply Now
SBI Student Plus Advantage Card Nil Low interest rate: 2.25% per month Doorstep delivery of railway tickets Convert purchases into monthly EMIs Earn cashpoints for every ₹100 spent Apply
Kotak Silk Inspire Card Nil 5% cashback on retail shopping Bonus reward points on hitting spending milestones Waived annual maintenance fee under specific conditions Apply Now
HDFC Bank ForexPlus Card Nil Ideal for students seeking foreign academic opportunities Shielded from currency fluctuations Functions like a credit card for international transactions Apply Now
HDFC Multicurrency Platinum Forexplus Chip Card Nil Tailored for students in 20 foreign countries Online wallet transfers and advanced net banking features Fraud cover, special deals, and accident cover Apply Now
Bank of Baroda Financial Prime Card Nil Four reward points for every ₹100 spent No annual fees Minimum fixed deposit of ₹15,000 Apply Now
ICICI Bank Student Forex Prepaid Card Rs. 199 Ideal for fees and daily expenses abroad Preferential foreign exchange rates Complimentary travel insurance Apply Now
Axis Bank Insta Easy Credit Card Nil Secured against a minimum fixed deposit of ₹20,000 Welcome bonus and rewards for spending Access to exclusive dining delights program Apply Now
Kotak Aqua Gold Credit Card Nil Fixed deposit-based with waiver on railway ticket surcharges Bonus rewards for spending over ₹1,50,000 Ideal for train travelers Apply Now
Standard Chartered Student Card Nil Tailored benefits for students Exclusive discounts on educational tools and books Low annual fee and flexible credit limits Apply Now
American Express Green Card for Students Nil Elevate your student lifestyle Access to exclusive events and travel benefits Unique points system for diverse opportunities Apply Now
Citi Rewards+ Student Card Nil Unique roundup feature for bonus points No annual fees and flexible rewards structure Simplify payments through CRED Apply Now
Discover it Student Cash Back Card Nil Learn about credit while earning cash back Rotating bonus categories for varied rewards Cashback match at the end of the first year Apply Now


1. SBI Student Plus Advantage Card: A Gateway to Financial Savvy

The SBI Student Plus Advantage Card stands out as one of the most popular choices for student credit cards. Boasting a remarkably low interest rate of 2.25% per month, this card simplifies students’ travel plans by providing doorstep delivery of railway tickets linked to the credit card. Additionally, every purchase can be converted into monthly EMIs, offering flexibility. Accumulate cashpoints with every ₹100 spent, redeemable for gifts, and enjoy a 2.5% surcharge on fuel spends. Managing your SBI credit card payments is seamless through CRED.

2. Kotak Silk Inspire Card: Shop Smart, Earn Rewards

Designed for the shopping enthusiast student, the Kotak Silk Inspire Card is an ideal choice. Eligible in various locations across India, this card offers a flat 5% cashback on retail shopping exceeding ₹7,500 in a billing cycle. Spend ₹1,25,000 every six months to receive a bonus of 1,000 reward points. The annual maintenance fee of ₹599 is waived off under specific conditions. Manage your Kotak credit card payments effortlessly through CRED.

3. HDFC Bank ForexPlus Card: Navigating Global Opportunities

With the world shrinking into a global village, students exploring foreign academic opportunities can rely on the HDFC Bank ForexPlus Card. Although not a traditional credit card, it functions similarly, allowing seamless transactions in multiple currencies. Shielding students from exchange rate fluctuations, this card is an excellent financial companion for global pursuits. Conveniently manage your HDFC credit card payments via CRED.

4. HDFC Multicurrency Platinum Forexplus Chip Card:

Empowering International Students

Tailored for students studying in 20 foreign countries, the HDFC Multicurrency Platinum Forexplus Chip Card goes beyond basic features. Offering secure online wallet transfers and advanced net banking features, this card ensures control over spending. With a low limit, fraud cover, special deals, and an accident cover of ₹5 lakh, it provides confidence for students navigating unfamiliar lands.

5. Bank of Baroda Financial Prime Card:

Rewarding Financial Prudence

The BOB Financial Prime Card stands out by offering four reward points for every ₹100 spent, surpassing other credit cards tied to fixed deposits. With no annual fees and a minimum fixed deposit of ₹15,000, it’s an attractive choice. Simplify your BOB credit card payments through CRED.

6. ICICI Bank Student Forex Prepaid Card:

Globally Accepted Financial Companion

Ideal for students pursuing higher studies abroad, the ICICI Bank Student Forex Prepaid Card facilitates secure transactions. Enjoy preferential foreign exchange rates, membership to the International Student Identity Card, and complimentary travel insurance. Effortlessly manage your ICICI credit card payments through CRED.

7. Axis Bank Insta Easy Credit Card:

Journeying with Financial Rewards

Secured against a minimum fixed deposit of ₹20,000, the Axis Bank Insta Easy Credit Card offers a welcome bonus and lucrative rewards on spending. Tailored for frequent travelers, it provides access to exclusive dining delights. Maximize your rewards by making Axis Bank credit card payments through CRED.

8. Kotak Aqua Gold Credit Card:

The Railway Surcharge Saver

As the only fixed deposit-based credit card offering a waiver on railway ticket surcharges, the Kotak Aqua Gold Credit Card is perfect for train travelers. Eligibility requires a minimum fixed deposit of ₹25,000. Spending over ₹1,50,000 annually grants additional bonuses, including four free PVR tickets. Note that there are no rewards for everyday spends with this card.

Best Credit Cards For Students With No Income 2024

Mastering Financial Independence:

Choosing the Right Credit Card

9. Standard Chartered Student Card:

A Tailored Experience

For students seeking a customized credit card experience, the Standard Chartered Student Card is a standout option. This card offers tailored benefits for students, including exclusive discounts on educational tools, books, and even online courses. The low annual fee and flexible credit limits make it an attractive choice for those looking to kickstart their credit journey responsibly. Simplify your Standard Chartered credit card payments through CRED.

10. American Express Green Card for Students:

Elevate Your Lifestyle

Elevate your student lifestyle with the American Express Green Card tailored for students. Beyond traditional rewards, this card offers access to exclusive events, travel benefits, and a unique points system that opens doors to a world of possibilities. While the eligibility criteria might be higher, the long-term benefits make it a wise investment for students with ambitious goals. Manage your American Express credit card payments conveniently through CRED.

Navigating the Credit Landscape

As you embark on the journey of choosing the best credit card for your student life, remember to consider factors beyond the flashy rewards. Understand the interest rates, annual fees, and credit limits associated with each card. Responsible credit card usage involves making timely payments and staying within your credit limit to build a positive credit history.

Best Credit Cards For Students With No Income 2024

Top 6 Student Credit Cards in India

Credit Card Annual Fee Best Feature Apply Now
IDFC FIRST WOW Credit Card Nil 100% of FD value as credit limit and cash withdrawal limit; 4X reward points Apply Now
Kotak 811 #DreamDifferent Credit Card Nil Credit limit up to 90% of your fixed deposit amount Apply Now
ICICI Coral Contactless Credit Card Rs. 500 2 reward points for every Rs. 100 spent Apply Now
Paisabazaar Step UP Credit Card Nil 100% credit limit of fixed deposit amount Apply Now
SBI Student Plus Advantage Credit Card Rs. 500 Use reward points to pay credit card outstanding bill; 1 reward point for every Rs. 100 Apply Now
ICICI Bank Student Forex Prepaid Card* Rs. 199 40% discount on excess baggage and 20% discount on DHL courier service Apply Now


Acquiring a credit card during your student years is not just a financial decision but a valuable lesson in money management. The choices presented here cater to different needs, from the frequent traveler to the avid shopper, ensuring there’s a perfect fit for every student. As you take the plunge into the world of credit, let these cards be your companions in building a solid financial foundation. Choose wisely, spend responsibly, and pave the way for a financially secure future.


Q. Navigating Credit Card Eligibility for Students?

Embarking on the journey of credit cards as a student can be both thrilling and perplexing. Let’s delve into some commonly asked questions to empower you with insights, ensuring your financial path as a student is paved with confidence.

Q. Can Students with Limited Income Qualify for Credit Cards?

Ans. Absolutely! A plethora of credit cards is meticulously crafted for students, acknowledging and accommodating their distinctive financial situations. These specialized cards offer terms and conditions tailored to students, making them accessible even for those with minimal or no income.

Q. Unveiling the Importance of Building Credit in Student Life?

Ans. The significance of establishing credit during your student years cannot be overstated. It forms the bedrock for future financial ventures, such as renting an apartment or applying for loans post-graduation. Cultivating a robust credit history opens doors, ensuring favorable terms and a smoother financial journey.

Q. Safeguarding Against Credit Card Fraud: A Student’s Shield?

Ans. In an era where digital threats abound, safeguarding against credit card fraud becomes imperative for students. Proactive measures, such as vigilant statement monitoring, securing personal information, and prompt reporting of any suspicious activity, act as a shield. Fortifying your financial defenses ensures a secure credit journey throughout your student years.

Q. Exploring Alternatives: Beyond the Conventional Credit Cards?

Ans. Are there alternatives to traditional credit cards tailored for students? Undoubtedly. Prepaid cards and secured credit options present viable alternatives, offering flexibility without the looming risk of accumulating debt. These options empower students to manage their finances responsibly while still enjoying the benefits associated with having a card.

Q. Seamless Transition to Post-Graduation Financial Planning?

Ans. As graduation looms on the horizon, a seamless transition into post-graduation financial planning becomes paramount for students. This involves a nuanced understanding of the implications of your credit history and exploring tailored financial planning options aligning with your new circumstances.

Q. Crafting a Roadmap to Financial Triumph?

Ans. the pathway to financial triumph as a student involves making informed decisions about credit and comprehending the enduring impact on your financial landscape. By exploring specialized credit card options, grasping the pivotal role of building credit, fortifying against fraud, and considering alternative avenues, you set the stage for a secure and prosperous financial future. As you step into the realm beyond academia, carry this knowledge forward, crafting a post-graduation financial plan that resonates with your aspirations. Remember, each financial choice made today contributes to the bedrock of your future financial independence.

So hello, people! Daniel, founder of I am glad to everyone who is able to understand his mind I am from India, and I am a business consultant. I have been interested in finance since childhood, so I thought of making this website to tell everyone about finance. like stock market, crypto trading, and investment; and insurance; personal loans; business loans; gold loans; credit cards; EMI cards; bank accounts; trading accounts; and Sarkari News all reserved everything published. 

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