Excellent! ROSHI has found 4 Student cards for you.

Revolut Metal Debit Card

4.5Good to Excellent

S$19.99Monthly Subscription

Real-time FXat mid-market fees

150+Supported Currencies

  • 1% cashback in any supported currency on all your spending abroad
Apply Now

On Revolut's website

Card Features

  • Spend in over 150 currencies at interbank exchange rate
  • Unlimited exchange in 28 fiat currencies – no monthly limit
  • No fee on international ATM withdrawals, up to S$1,050 per month
  • Global medical and dental insurance
  • Baggage delay insurance
  • Loss or damaged items insurance
  • Free and instant P2P transfers to other Revolut users (in Singapore, as well as in Europe)
  • Premium Add ons : Premium card with three exclusive designs, Global express delivery of card, Priority customer service, Disposable virtual cards for online transactions that protect you against online card fraud, LougeKey Pass access and free lounge passes if flight is delayed by >1 hour
  • Send money domestically and internationally in 28 currencies

Annual Interest Rate and Fees

  • Anual Interest Rate0.00%

  • Principle Annual Fee$239.88

  • Supplementary Annual FeeN/A

  • Fee WaiverN/A

  • Minimum Monthly RepaymentN/A

  • Interest Free PeriodN/A

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave

Revolut Standard Debit Card

4.5Good to Excellent

S$0Monthly Subscription

Real-time FXat mid-market fees

150+Supported Currencies

Apply Now

On Revolut's website

Card Features

  • Spend in over 150 currencies at interbank exchange rate
  • Unlimited exchange in 28 fiat currencies – up to S$9000 per month
  • No fee on international ATM withdrawals, up to S$350 per month
  • Send money domestically and internationally in 28 currencies

Annual Interest Rate and Fees

  • Anual Interest Rate0.00%

  • Supplementary Annual FeeN/A

  • Fee WaiverN/A

  • Minimum Monthly RepaymentN/A

  • Interest Free PeriodN/A

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave

Revolut Premium Debit Card

4.5Good to Excellent

S$9.99Monthly Subscription

Real-time FXat mid-market fees

150+Supported Currencies

Apply Now

On Revolut's website

Card Features

  • Spend in over 150 currencies at interbank exchange rate
  • Unlimited exchange in 28 fiat currencies – no monthly limit
  • No fee on international ATM withdrawals, up to S$700 per month
  • Global medical and dental insurance
  • Baggage delay insurance
  • Loss or damaged items insurance
  • Free and instant P2P transfers to other Revolut users (in Singapore, as well as in Europe)
  • Premium Add ons : Premium card with three exclusive designs, Global express delivery of card, Priority customer service, Disposable virtual cards for online transactions that protect you against online card fraud, LougeKey Pass access and free lounge passes if flight is delayed by >1 hour
  • Send money domestically and internationally in 28 currencies

Annual Interest Rate and Fees

  • Anual Interest Rate0.00%

  • Principle Annual Fee$118.8

  • Supplementary Annual FeeN/A

  • Fee WaiverN/A

  • Minimum Monthly RepaymentN/A

  • Interest Free PeriodN/A

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave

DBS Live Fresh Visa Student Card

3.5Good to Excellent
PROMOS$40 off your foodpanda order Valid till 31st Dec 2020

0.3%Cash Back on All Spend

S$500Credit Limit per month

18Min. Age Requirement

  • Enjoy 5-year annual fee waiver
Apply Now

On DBS's website

Card Features

  • 0.3% cashback on online shopping and contactless payments
  • Contactless payments: Visa payWave, Apple Pay, Samsung Pay, Google Pay
  • Get up to 10% cashback on accommodation via booking.com

Annual Interest Rate and Fees

  • Anual Interest Rate25.90%

  • Principle Annual Fee$128

  • Supplementary Annual FeeN/A

  • Fee Waiver5 years fee waiver

  • Minimum Monthly Repayment3% or S$50, whichever is higher

  • Interest Free Period20 days

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave, Apple Pay, Samsung Pay, Google Pay

  • Student Basics

  • FAQs

  • Ask Away

How Exactly Does a Student Credit Card Work?

Student credit cards are just like ordinary credit cards except that they are targeting students. They come with lower credit limits but lower requirements so that even students can acquire them.

Should I Choose a Student Credit Card or a Debit Card?

Having a student credit card can be more useful if you have any emergency needs, such as books, dorm accommodation fees, etc. The problem comes when you need to pay off the credit debt.

If you are confident in your ability to repay the credit you spend each month, then a credit card is a good choice. If not, you’re better off sticking to a debit card.

Best Student Credit Cards in Singpaore (2020)

Credit Card NameCredit LimitAnnual Fee
DBS Live Fresh Student CardS$500$192.60 (waived for 5 years)Apply Now
Citibank Clear Student CardS$500$29.96 (waived for 1 year)Apply Now
Mayban eVibes Student Credit CardS$500$20 (waived if card is used)Apply Now
CIMB AWSM CardS$500FreeApply Now

What can I Use Instead of a Student Card?

As we just mentioned, there is always the option of a debit card. It doesn’t allow you to loan any credit, but is still useful for online transactions and managing your money.

Depending on where you study, you may also want to consider a debit card with multiple currency options. You can get this from account providers such as YouTrip and Revolut. These will only be useful if you plan to study abroad.

Another choice is a supp card from your parents. These cards are under your parents’ names but allow you to use them freely. The only downside is your parents can monitor exactly what you’re spending your money on!

One final option is a prepaid card, such as FEVO. These ones work by letting you top them up on the go and then working like a regular credit card.

Can I Apply for a Credit Card as a Student?

Students can apply for a student credit card. Anyone currently studying and above the age of 18 can apply for it. You will not require a specific level of income and the interest rates are quite small.

Is It a Good Plan to Get a Student Credit Card?

A student credit card is a great way to build up your credit history. Make sure you can keep up with the minimal payments required to keep that credit score high though!

How Much of an Income Do I Need to have a Student Credit Card?

If you are below 21 years of age, you need proof of a source of income which can be from either a job or an allowance from your parents/guardians. If you are above 21 years of age, you can show a household income source.

What Exactly is the $500 Credit Limit?

When it comes to student credit cards, $500 is the limit, no matter the card. When you hit $500 of credit, you can’t use the card anymore. When you finish paying it off, you’ll get the credit limit of $500 back.

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