Studying abroad is an exciting opportunity, but managing finances in a new country can be challenging. One of the most useful financial tools for international students is a credit card—but choosing the right one requires careful consideration.
In this guide, you’ll learn what to look for in a credit card as an international student, how to apply without a local credit history, and the best card options available today.
Why International Students Need a Credit Card
A credit card can provide:
- A convenient payment method for everyday expenses
- Emergency access to funds
- The ability to build a credit history in a new country
- Tools for managing and tracking spending
- Added security for online and international transactions
However, not all credit cards are designed with international students in mind.
Key Challenges Faced by International Students
- Lack of credit history: Most lenders require a credit history, which new arrivals often lack.
- No Social Security Number (SSN): In some countries, an SSN is needed to apply for credit.
- Income verification: Students may not have a full-time job or steady income.
- Foreign documents: Applications may ask for local IDs or utility bills, which students may not yet have.
Despite these barriers, some credit cards and financial institutions cater specifically to international students.
What to Look For in a Student Credit Card
1. No Credit History Requirement
Choose cards that don’t require a previous credit history. Some banks allow alternative forms of verification, like international credit reports or enrollment confirmation.
2. No or Low Annual Fees
Students should avoid high fees. Many student cards have no annual fees, helping reduce financial pressure.
3. Reporting to Credit Bureaus
Ensure the card reports to major credit bureaus, so you can build a local credit score over time.
4. No Foreign Transaction Fees
For students traveling or making international purchases, this saves 2%–3% per transaction.
5. Mobile App Access
A user-friendly app for tracking expenses, managing limits, and making payments is essential for students.
Best Credit Cards for International Students
🏆 Deserve EDU Mastercard
- No SSN required for approval
- No annual fee
- 1% cashback on all purchases
- Free Amazon Prime Student (after spending requirement)
- Reports to all three U.S. credit bureaus
Why it’s great: Designed specifically for international students without a credit history.
🏆 Capital One Quicksilver Student Rewards
- No annual fee
- 1.5% cashback on every purchase
- No foreign transaction fees
- Credit line reviews for possible increase
Why it’s great: Solid rewards and no hidden fees.
🏆 Discover it® Student Cash Back
- No SSN needed to apply (if applying from eligible partner universities)
- No annual fee
- 5% cashback on rotating categories
- Cashback Match in the first year
Why it’s great: Strong rewards program and beginner-friendly.
🏆 Chase Freedom Rise℠
- Designed for students and newcomers
- No annual fee
- $25 bonus after first purchase
- Credit education tools included
Why it’s great: Helps students build credit from the ground up.
🏆 Wise Debit Card + Account (Alternative Option)
- Multi-currency account with debit card
- No credit check required
- Real exchange rates
- Great for international students who don’t qualify for credit
Why it’s great: A safe and accessible option for those new to banking abroad.
Tips for Using a Student Credit Card Responsibly
✅ Pay Your Balance in Full
Avoid interest charges and debt by paying your bill on time every month.
✅ Keep Utilization Low
Use less than 30% of your credit limit. This helps build your credit score.
✅ Track Your Spending
Use your card app or budgeting tools to avoid overspending.
✅ Set Up Autopay
Never miss a payment by enabling automatic payments.
✅ Monitor Your Credit
Check your credit score regularly using free tools offered by your bank or apps.
Common Mistakes to Avoid
- Using your card like free money: Always spend within your means.
- Missing payments: This will hurt your score and result in fees.
- Applying for too many cards: One or two is enough to start.
- Ignoring fees: Watch out for ATM fees or international charges.
Final Thoughts
Getting a credit card as an international student can be a powerful step toward financial independence and credit building. With the right card, you can manage expenses, stay safe, and set a strong financial foundation for the future.
Start small, use it wisely, and let your financial habits open doors—not close them.