Student Travel Credit Cards to Save Over Spring Break

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After two years of pandemic that blocked travel during spring break, 2022 is coming bigger than ever — both in terms of attendance and costs.

For students who haven’t been on the last two spring break trips, that means their excitement will likely be sated by expensive trips.

Below, Select spoke with an expert about how you can save on your next vacation with the perfect travel credit cards for traveling students.

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Save on Spring Break With These Travel Credit Cards

If you are a student or New to credit cards, getting approved for the right travel card can be tricky if you don’t already have a decent credit score to back you up.

“Travel credit cards sometimes require very good credit, so for students with limited credit, this may not be an option,” explains Beverly Harzog, credit card expert at US News & World Report. “But for those who are eligible, if they use the card responsibly, they can continue to build their credit while saving money on travel.”

Luckily, there are credit cards specifically designed for college students that can help them save on their spring break expenses. Capital One’s Journey Student Rewards offers unlimited 1% cash back on all your purchases, and when you pay your bill on time, you’ll increase your cash back to a total of 1.25% for that month. This means that some of your vacation expenses can be put back into your wallet and cardholders are rewarded for paying their credit card bill. The card also comes with no annual fee, no foreign transaction fees and is on the VISA card network which is accepted internationally.

Capital One Journey Student Rewards

Capital One® Journey® Student Rewards information was independently collected by CNBC and was not reviewed or provided by the card issuer prior to publication.

  • Awards

    Earn 1% cash back on all your purchases. Pay on time to increase your cash back to a total of 1.25% for that month.

  • welcome bonus

  • Annual subscription

  • Introduction AVR

  • Regular APR

  • Balance Transfer Fee

  • Foreign transaction fees

  • Credit needed

Benefits

  • No annual fee
  • No fees charged on purchases made outside the United States
  • Access a higher credit limit in as little as 6 months

The inconvenients

  • Variable APR of 26.99%
  • No special financing offers

Another option is the Bank of America® Travel Rewards credit card for students. On your trip, you can earn an unlimited number of 1.5 points for every dollar spent on all purchases and redeem rewards in the form of credit to cover the cost of travel purchases. There are also no foreign transaction fees.

Even better, the card comes with 25,000 bonus points after spending at least $1,000 on purchases within the first 90 days of account opening, which can be redeemed for a $250 statement credit for purchases. eligible trips.

Bank of America® Travel Rewards for Students Credit Card

  • Awards

    1.5 unlimited points for every dollar spent on all purchases

  • welcome bonus

    25,000 bonus points after spending at least $1,000 on purchases within the first 90 days of account opening, which can be redeemed for a statement credit of $250 toward qualifying travel purchases

  • Annual subscription

  • Introduction AVR

    0% APR for the first 12 billing cycles on purchases

  • Regular APR

    13.99% to 23.99% variable

  • Balance Transfer Fee

    Either $10 or 3%, whichever is greater

  • Foreign transaction fees

  • Credit needed

“It’s critical to choose a travel rewards card that will benefit you the most,” adds Harzog. “Select a credit card that matches how you spend money while traveling.” For the two flat rate cashback cards above, it’s easy to do since you can earn cashback on any purchase you make.

If the above two cards don’t appeal to you, there are a number of other student credit cards that offer perks like cash back for spending at restaurants and gas stations. Additionally, you’ll want to make sure you read the requirements for getting approved for a student credit card.

At the end of the line

When it comes to spring break expenses, getting a travel credit card designed for students can help pay for your expenses, while helping build your credit profile.

“Any credit card you use responsibly helps you build credit and improve your credit score,” Harzog says.

When planning spring break activities and dining out, be sure to charge your card for expenses that you know you can repay once spring break is over. If you can’t pay your full statement balance, you’ll incur interest charges that can erase the value of any rewards and cash back you may receive from your credit card.

Editorial note: Any opinions, analyses, criticisms or recommendations expressed in this article are those of Select’s editorial staff only and have not been reviewed, endorsed or otherwise endorsed by any third party.


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