Being a student, it is very difficult to manage finances, mainly when this is your first time doing it. However, with the right financial tools, you can make the most of your money and save for your future. One such tool is a student credit card. In this article, we will discuss the top student credit cards that can help you maximize your savings.
5 Top Student Credit Cards in India
Axis Bank Neo Credit Card
The Axis Bank Neo Credit Card is a lifetime free credit card with excellent option for students who love to shop. With this card, you will get 1 EDGE Reward point for every Rs. 200 spent. 10% discount on booking movies through BookMyShow and 40% discount food delivery while ordering with Zomato.
Additionally, you can earn 10% off on a minimum spend of Rs. 750 on Blinkit once a month, and 10% off on minimum shopping of Rs. 500 on Myntra. You can redeem your points for vouchers, cashback, and other exciting rewards.
Shoppers Stop HDFC Bank Credit Card
The Shoppers Stop HDFC Bank Credit Card is another great option for students who love to shop. With this card, cardholders will get a complimentary Shoppers Stop Membership, on spending Rs. 150 on retail transactions, cardholders can get First Citizen Points.
You can also get 6 First Citizen Points on partnered brands at shoppers stop for every Rs. 150 spent. Also, 2 First Citizen Points for every Rs. 150 spent elsewhere.
Amazon Pay ICICI Bank Credit Card
The Amazon Pay ICICI Bank Credit Card is perfect for students who love to shop online. Through this card, you can earn 5% cashback on Amazon.in purchases if you are a Prime member and 3% cashback if you are not.
Additionally, you can earn 2% cashback on spends at Amazon Pay partner merchants and 1% cashback on other spends.
ixigo AU Credit Card
The ixigo AU Credit Card is an excellent option for students who love to travel. With this card, you can earn up to 10% cashback on bus and flight bookings made through the ixigo app or website.
Additionally, you can earn 5% cashback on hotel bookings. You can redeem your cashback for flight tickets, hotel bookings, and other travel-related expenses. Also, you will get 8 domestic and 1 international airport lounge access per year as a travel benefit.
Bank of Baroda (BoB) Prime Credit Card
The Bank of Baroda (BoB) Prime Credit Card is a great lifetime free credit card for students who want to build their credit history. With this card, you can get 4 RPs on every retail purchases of Rs. 100.
Additionally, cardholders will get insurance coverage againt personal accident and 1% benefit of fuel surcharge waiver on all fuel purchases between Rs. 400 and Rs. 5,000 at all petrol pumps.
How to Maximize Your Savings with Top Student Credit Cards
Now that you know the top student credit cards, here are some tips on how to maximize your savings with them:
- Pay your credit card bills timely to avoid late due payment fees and interest charges.
- Use your credit card only for essential purchases and avoid unnecessary expenses.
- Keep track of your spending and set a budget to avoid overspending.
- Redeem your rewards points for vouchers, cashback, and other exciting rewards to get the most out of your credit card.
- Finally, compare different credit cards and choose one that fits your needs and lifestyle.
Also Read: Drive Savings Further with BPCL SBI Credit Card Advantages
Conclusion
A student credit card with benefits including travel, shopping, and retail purchases helps you to manage your finances and build your credit history. With a good card and responsible usage, you can increase your savings and focus on your financial goals. So, go ahead and choose the best student credit card for yourself today!