No foreign transaction fees is the most important deciding factor!
If you are a student (or parent of a student) getting ready to study abroad, the two student credit cards below are your best options because they offer the right combination of: ease of approval for students, wide acceptance outside of the United States, no foreign transaction fees (many other cards charge an extra 3%), and solid rewards.
card_name – The Capital One SavorOne Card has no annual fee, no foreign transaction fees, and is a Mastercard with generous rewards in the “everyday” categories where you are likely to spend the most!
REWARDS: Earn 3% cash back on dining, 3% on entertainment, 3% on popular streaming services, 3% at grocery stores (excluding superstores like Walmart® and Target®), and 1% on all other purchases.
EARLY SPEND BONUS: bonus_miles_full.
card_name – The Capital One Quicksilver for Students is really just a variation on the card above, with the only real difference being the rewards formula. It has no annual fee, is a Mastercard credit card, and has no foreign transaction fees.
REWARDS: Earn unlimited 1.5% cash back on every purchase. No need to consider any particular purchasing categories, because it is the same 1.5% on every purchase.
EARLY SPEND BONUS: bonus_miles_full.
Author: Adam Jusko