Welcome to WalletWalk’s guide to the best credit cards for students in India for 2023. These cards offer a fantastic opportunity to build credit early, while also providing unique benefits tailored for students. Whether you’re studying domestically or planning to study abroad, our guide assists in finding a card that fits your needs. Start your WalletWalk journey today and let us guide you in taking the first step towards financial independence.

HDFC Bank ForexPlus Card

Features: This is a prepaid Forex card that students can use to make transactions when studying abroad. It is accepted at all Visa/Merchant outlets.

Fee: The issuance fee for this card is ₹500, and the reload fee is ₹75.

Benefits: The card provides protection against fluctuation in currency exchange rates. It also offers insurance coverage for misuse due to counterfeiting/skimming, period of coverage, and personal accident insurance (death cover only).

ICICI Bank Student Travel Card

Features: This is a prepaid travel card designed for students travelling abroad for studies. It comes with a secure and convenient way to meet overseas expenses.

Fee: The joining fee of the ICICI Bank Student Travel Card is ₹150.

Benefits: This card can be loaded with up to 15 currencies. It offers comprehensive travel insurance and loss of baggage and passport assistance.

State Bank of India Student Plus Advantage Card

Features: This card is provided against a fixed deposit and is specially designed for SBI Education Loan customers.

Fee: There is no annual fee for this credit card.

Benefits: The cardholder gets 1 reward point per ₹100 spent. Students can also get a 2.5% fuel surcharge waiver for each transaction between ₹500 & ₹3000 (exclusive of GST, wherever applicable, & all other charges)

Kotak Aqua Gold Credit Card

Features: This card is available for students with no income proof. It is issued against a fixed deposit.

Fee: The annual fee for this card is ₹199.

Benefits: Students get up to 5% cash back on dining and fuel. It also offers a free add-on card for any family member.

Axis Bank Insta Easy Credit Card

Features: This credit card is issued against a fixed deposit and offers a credit limit of up to 80% of the deposit amount.

Fee: There is no annual fee for the Axis Bank Insta Easy Credit Card.

Benefits: The cardholder gets 15% off at partner dining restaurants in India. The card also offers a flexible credit limit.

Choosing a student credit card involves consideration of various factors such as the fees, benefits, and whether it matches your lifestyle and spending habits. Use this guide to help make an informed decision and manage your finances responsibly.

Stay tuned to our blog for more insights and comparisons of credit cards and other financial products.

Disclaimer: The information provided in this article is accurate as of July 2023. For the most up-to-date and accurate information, please visit the official websites of the respective banks.