Earn a bigger cash bonus on everyday spending with these Capital One credit cards

If rising travel costs are keeping you close to home this summer, a cash-back credit card is a great way to score everyday savings.

And for a limited time, you can get even more with an elevated welcome bonus on a new Capital One cash-back card:

These welcome offers can help pad your summer budget or give you a headstart on saving for back-to-school season.

Capital One Savor Student Cash Rewards Credit Card

The Capital One Savor Student card is a great option for earning cash rewards on your regular spending. You’ll earn the same 3% cash back on everyday purchases like dining out, streaming services, and groceries — and even pay no foreign transaction fees on your purchases abroad. 

This card is more accessible for students who don’t yet have a solid credit history. You can use your Savor Student card to make purchases and build your credit in school, and even keep it after graduation to continue earning cash-back rewards.

Read our full review of the Capital One Savor for Students

Capital One Quicksilver Student Cash Rewards Credit Card

The Capital One Quicksilver Student is another option for college students. This card makes it even easier to earn cash back on your spending with a standard 1.5% cash back on every purchase, no matter what you buy. That means you’ll get the same 1.5% back on everything from dining at restaurants and buying school supplies at the campus bookstore to filling up at the gas station.

Like the Savor Student, this card can help you build your credit history while you’re in school, since you don’t need a strong credit history to qualify. Once you graduate, you can continue using the Quicksilver for 1.5% back on everything you buy.

Read our full review of the Capital One Quicksilver for Students

Should you open a new Capital One student card?

The Savor Student and Quicksilver Student have a lot to offer for students, and they’re only more valuable with the current elevated welcome offer.

Incoming students can benefit from opening a student credit card early, too. According to Capital One, you can qualify for the Savor Student or Quicksilver Student if you’re admitted and planning to enroll in an accredited university, community college, or other higher education institution within the next three months. So if you’re starting in the fall, you can still qualify over the summer.

Read more: How old do you have to be to open a credit card?

If you’re deciding between the Savor or Quicksilver cards, take a look at your regular spending habits. If you make a lot of purchases outside of the Savor Student’s 3% bonus categories, you may get more value from the Quicksilver’s flat 1.5% cash back. Otherwise, the Savor Student card may help you save more on the purchases you make most often.

However, make sure you’re prepared to take on the responsibility of using a credit card before you apply. Student cards are a great way to build credit, but you’ll need to pay your bill on time and in full every month to maintain a good credit score and avoid high-interest debt. Even student cards carry very high APRs that can add up quickly if you spend more than you can afford.

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