Student Credit Cards

Student Credit cards are a great help to individuals at the college level. These credit cards do not have any income requirement and eligibility limit. Any student who is above the age of 18 years can apply for a student credit card. The features available in student credit cards make these cards a necessity for students in recent times. It comes benefits like rewards or purchases.

To help you get started, we took a closer look at the student card market and shortlisted some of the best starter cards available.

Top Student Credit Cards of India

1. SBI Student plus Advantage Credit Card

As the name suggests, the SBI Student Plus Advantage Card is specially designed to cater to the needs of students. It rewards the cardholders with exciting discounts and points every time they make a purchase be it groceries or luxury items. The rewards also accumulate on using the card to refill your vehicle at fuel stations.

Annual Fee- Nil

Renewal Fee- ₹500, from second year onwards. If you make spends of ₹35,000 a year, this fee will be waived off

Features of SBI Student Credit Cards of India

  • It offers a limit of up to 80% of cash withdrawal
  • The card also comes with a low-interest rate of just 2.25% per month.
  • Individuals can also pay their electricity and utility bills using this credit card.
  • Enjoy worldwide acceptance. You can use the SBI Advantage Card in over 24 million outlets across the world, including 3,25,000 outlets in India.
  • Enjoy Flexipay – Convert any transaction above ₹2,500 into monthly installments (EMIs) and pay off easily
  • Enjoy freedom from paying a 2.5% fuel surcharge across all petrol pumps in India

2. ICICI Bank Student Travel Credit Card

ICICI Bank Student Travel Card is a blessing in disguise for you if you are going abroad for further studies. You can swipe this card for making payment of your application and university fees either online or through a physical swipe. The card is very convenient to use and to manage living expenses.

Joining fee – Rs 499+ Taxes

Features of ICICI Bank Student Travel Credit Card

  • Highly rewarding
  • Attractive merchant discounts & offers in India and 130 countries and 1,20,000 merchant locations
  • Alliance offers from ICICI Bank
  • Enjoy preferential Forex Rates
  • Allows online account management features such as Monthly e-statement
  • Membership of International Student Identity Card (ISIC)
  • The destination offers from your membership
  • Easy replacement with Primary Card
  • Comprehensive Travel Insurance
  • It is accepted at all outlets that take a MasterCard

3. HDFC Bank ISIC Student ForexPlus Credit Card

The HDFC Student Forex Card is a must to have in a student’s wallet. All a student has to do is loading the card with the currency of their choice- from USD, GBP, or Euro and you can easily pay online or offline at your ease. You can also use your card to withdraw easy cash from ATMs. You enjoy all benefits of online credit cards.

Designed especially for students who are studying abroad.

Issuance Fee- Rs 300


  • ISIC Student Forex Plus Card from HDFC Bank serves a dual purpose of Credit Card and full-time student Identity Card for you.
  • Students who are studying abroad get a global student ID which makes them eligible for special discounts & offers on purchasing Books, Food, Shopping, Accommodation, Leisure activities, and travel across 130 countries from over 41000 outlets.
  • You also get free insurance against credit card theft/ loss, air accidents, and baggage & passport loss.

4. Axis Bank Insta Easy Credit Card

The Axis Bank Insta Easy Card has the highest rupee value back of all student cards. Specifically, you'll earn a 1.2% value on domestic spending. It is a secured student credit card designed exclusively to meet the financial and lifestyle requirements of students.

Annual Fee- NIL

Features of Axis Bank Insta Easy Credit Card

  • Minimum Fixed Deposit: Rs. 25,000
  • Reward Earn Rate: 6 points per Rs. 200 spent on domestic transactions (except fuel); 12 points per Rs. 200 spent on international transactions
  • Point Value: 1 Axis edge Reward Point = Rs. 0.40 Yatra Travel Vouchers
  • Axis Bank’s Dining Delights program
  • Fuel Surcharge Waiver: Transactions Rs. 400 – 4,000; max Rs. 400 waived per month

5. Kotak Silk Inspire Credit Card

Kotak Mahindra's Silk Inspire Card is great for students who love to shop for apparel. One can get an 5% cashback on retail purchases of Rs.7,500 each month (max Rs. 500 back per cycle). It is a secured student credit card that requires a minimum fixed deposit of Rs 50,000.

Joining Fee- Rs 599

Annual Fee- Rs 599

Benefits of Kotak Silk Inspire Credit Card

  • Cardholders also get attractive offers for swiping the card on dining, travel, shopping, or entertainment.
  • Kotak Silk Inspire Credit Card members can earn up to 5x reward points on every Rs.100 spent on apparel using the card. Minimum retail shopping spends is restricted to Rs.7500 per billing cycle.
  • You can get add-on cards associated with a primary card and avail of the benefits your loved ones are getting at a nominal fee. You can set the spending limit on your add-on card and can track the spending separately.

For students who are not having much experience or new to credit cards must apply for a student credit card. It can serve as a useful stepping-stone towards building a good credit history.