Student credit cards for studying abroad

When choosing the right credit card for students studying abroad, important factors such as fees and minimum age should be considered. Below, we have reviewed the most popular student credit cards for studying abroad!

Students should consider getting a credit card for traveling abroad as it offers financial flexibility, security, and convenience. With a credit card, they can easily pay in different currencies, make bookings, and access funds in emergencies. Moreover, using a credit card avoids the risk of carrying large amounts of cash. Additionally, students can build a positive credit history and learn money management skills early on.

When selecting a credit card for students studying abroad, it's essential to carefully review the terms and fees. In our review, we have examined the most popular student credit cards for you and checked their conditions for studying abroad.

Since the DKB debit card for children and teenagers is a Visa debit card, students can withdraw money anywhere Visa is accepted.

The DKB student credit card is particularly suitable for studying abroad as children and teenagers do not have to pay any fees for foreign payments under certain conditions. Once the cardholder reaches "active status," which occurs when at least 700 euros are deposited into the account monthly, there are no fees for foreign currencies. If less than 700 euros per month is deposited, a currency conversion fee of 2.20% applies for withdrawals in non-EU countries. No additional fees are charged in EU countries.

The account management costs 4.50 € per month, there is no minimum age for opening an account, making the card suitable even for younger children.

The company Bling offers a prepaid credit card for children aged 7 and up, providing a secure and easy way to manage money abroad. Since it is a Mastercard, it can be used anywhere Mastercard is accepted. However, a fee applies for payments in currencies other than euros, which is a common feature for children's credit cards. A currency surcharge of + 2% of the card's volume is charged for payments in other currencies. The account management at Bling costs 2.99 euros per month per card.

A significant advantage of the Comdirect student credit card is that the account management is completely free. Children and teenagers aged 7 to 18 can open an account with the consent and help of their guardians. Since it is a Visa card, money can be withdrawn for free anywhere abroad where Visa is accepted. This applies to countries with EU currency. However, a foreign transaction fee of 1.75% applies to foreign currencies.

With parental consent, teenagers aged 16 and up can open a free account with Revolut and receive a virtual and/or physical credit card.

The Revolut student credit card allows your children to shop abroad without problems with currency conversion. The conversion works the same as with an adult account. However, teenagers under 18 cannot open their own foreign currency account with Revolut. Therefore, they can only access the balance in their parents' base currency account.

This means that your child cannot exchange and hold foreign currency in advance. Nevertheless, they can easily make transactions in foreign currencies. The corresponding amount is calculated at the current exchange rate at the time of the transaction. Additionally, Revolut's premium subscription offers extra travel insurance for your children. The premium subscription costs 7.99 euros per month.

Since debit or prepaid cards are not linked to a credit line, this minimizes the risk of debt for students. These cards need to be preloaded, so teenagers can only spend what is already on the card. This protects them from excessive spending. Typically, all credit cards for children and teenagers are cards that need to be loaded.

In case of loss or theft, the card can easily be blocked to prevent unauthorized transactions. Cash, in this regard, poses a greater risk.