The Capital One SavorOne Student Cash Rewards Credit Card offers excellent benefits and cash back, but won’t make the top of our list due to high APR, lack of a welcome bonus and absence of an introductory APR. With fantastic cash back in high-spend categories, the rewards are big on dining, entertainment and at grocery stores but the risks of rapidly-accruing debt if not paid off on time—every time—are also quite high.

Rewards: Earn 3% cash back on all dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), with 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023.

Welcome Offer: This card does not offer a welcome bonus.

Annual Fee: $0

Other Benefits and Drawbacks: This card, like other Capital One student cards, has a 26.99% variable APR. This is a high APR for a student card. Before applying for this card, ensure you fully understand what APR is and how it works.

That being said, the high APR may be worthwhile because of its incredible-for-a-student-card-benefits.