Should College Students Have Credit Cards?
As a college student, you need to understand the pros and cons of having a credit card. A credit card is a financial tool that can help build your future
by Bank of America
on Bank of America's secure website
The Bank of America Cash Rewards for Students has an average interest rate, no annual fee, and an average redemption value compared to similar cards. It's great for Students and All Rewards.
BankAmericard Cash RewardsView program details
|How it earns|
3% cash back
2% cash back
up to $2,500 in combined spend per quarter, then 1% cash back
1% cash back
|Annual Fee||There is no annual fee for this card|
|APR||13.24% - 23.24% variable|
|Intro APR||0% for 12 months|
|Foreign Transaction Fee||3%|
Our mission is simple—we want to empower you to make the best credit card decisions. We've spent thousands of hours researching credit cards, reading the terms and conditions and building our app so that everything is 100% personalized for you. We'll never make a recommendation that we don't think would be of value to you.
Some credit card issuers pay us when you apply for a card through Birch, but we're lucky to work with select banks that share our mission—and it's how we're able to keep Birch 100% free. Unlike other credit card websites, we recommend any credit card—even those that we don't get paid for - as long as it means that you have the best resources to make that financial decision.
At the end of the day we want to be your trusted ally in the credit card world. With your support, we get closer to achieving this vision every single day.