How to Apply for Student Credit Card Online

Credit cards are not just for adults, they are a lifeline for students too! 

Living away from home often means juggling delayed scholarships, tight budgets and unexpected expenses. Student credit cards offer convenience, security, and a chance to build financial independence early on, making them a smart tool for today’s ambitious learners.

Several banks in India, along with some state governments, offer dedicated student credit cards. Let us explore their benefits and the application process before you apply for a student credit card online.

Quick Synopsis

• Student credit cards aim to support finances for education.
• Usually, the minimum age limit is 18 years or above.
• Government-backed student credit cards have a maximum age limit criterion of 25 years (Bihar) or 40 years (West Bengal) for application.

What Are Student Credit Cards?

A student credit card is specially designed for students above 18 years to manage their finances. Just like regular credit cards, they come with features such as an interest-free period, rewards, and discounts.

Student credit cards are usually secured cards used at the entry level that help students manage their money. Beyond convenience, they also serve as a valuable learning tool, helping students understand financial management and build a strong credit profile for the future.

Government-Issued Student Credit Cards

The Governments of West Bengal and Bihar offer dedicated student credit card schemes to support educational expenses. Under these programs, West Bengal provides cards for students up to 40 years of age, while Bihar extends eligibility to those up to 25 years old. Here is how these schemes work:

West Bengal Student Credit Card Scheme: 

The maximum loan amount for the West Bengal Student Credit Card Scheme is ₹10 lakh with 4% interest per annum repayable over 15 years. A resident of West Bengal for the past 10 years can apply for this credit card for secondary, higher secondary, graduate, undergraduate and professional courses both in and outside India with affiliated institutions.

You can apply for this credit card at Co-operative Banks (affiliated Central and District Co-operative Banks), Private and Public Sector Banks. 

Bihar Student Credit Card Yojana

The maximum loan amount for the Bihar Student Credit Card Yojana is ₹4 lakh with 4% interest. For female and transgender students, followed by students with disabilities, the interest rate is 1%.

To be eligible, you must be a Bihar resident under 25 years and enrolled in an undergraduate course after completing 12th grade (or 10th grade for polytechnic diplomas).

Application for Student Credit Card: Different Banks

Here is the application process and benefits for different student credit cards in India:

1. Suryoday Small Finance Bank-Stable Money RuPay Credit Card

Suryoday Small Finance Bank-Stable Money Credit Card is a lifetime free credit card with 0.5% cashback on transactions. You can apply for this card with the Stable Money app's 'Secured Card' option. 

Click on ‘Apply Now’, book your Suryoday SF Bank fixed deposit (FD) offering up to 8.40% interest per annum and apply for the credit card against FD. 

Joining Fee: Nil

Benefits: 

• For Credit Cards Against FDs above ₹1,15,000: You can reap the benefits of Gym membership, spa and salon coupons, golf practice, and health check-up. 
• For Credit Cards Against FDs below ₹1,15,000: Flight discounts and airport lounge access.
• Download the Stable Money app now to apply for the Suryoday SF Bank-Stable Money credit card against FD!

2. IDFC First Wow Credit Card

IDFC First Wow Credit Card is also a secured credit card that offers up to 3X reward points on all UPI (Unified Payments Interface) spends. You can apply for this card by visiting the IDFC Bank official website with a minimum FD of ₹20,000. Fill in your name, date of birth and mobile number as per your Aadhaar card, generate OTP and proceed. 

Joining Fee: ₹199 + GST (Goods and Services Tax)

Benefits: 

• Shared limit with an existing credit card.
• Instantly issued digital card. 
• There is a limited-time July 2025 offer. Get 100% cashback (up to ₹200) on your first four UPI transactions.

3. HDFC Bank ForexPlus Card

The HDFC Bank ForexPlus Card is a multi-currency card for students studying abroad. You can apply for this card directly by visiting the HDFC Bank official website or your nearest HDFC Bank branch. 

Joining Fee: ₹500 + GST 

Benefits: 

• Access 22 currencies in a single ForexPlus card, including Australian Dollar, Singapore Dollar, Saudi Riyal, US Dollars and others. 
• Protects against currency fluctuations. 

4. Kotak 811 Dream Different Credit Card

Kotak 811 Dream Different Credit Card is a UPI-enabled credit card with no joining or annual fee. You can navigate to the official website of Kotak Bank 811 Dream Different credit card to apply for this FD-linked credit card. Fill in your mobile number on the page after you click on 'Apply Now' to proceed with the application. 

Joining Fee: Nil

Benefits: 

• The card offers 4X and 2X reward points on online and offline spends of ₹100, respectively. 
• You can withdraw 90% of the credit limit as cash in case of emergencies. 
• The card does not charge any interest for up to 48 days. 

5. ICICI Bank Student Credit Card

ICICI Bank offers student credit cards either as an add-on card or against a fixed deposit of ₹50,000 or more. You can apply for an ICICI Bank student credit card by visiting any of their branches near you or on the ICICI Bank student credit card official website and providing documents such as a PAN card and an Aadhaar card. 

Joining Fee: Nil

Benefits: 

• The credit limit of this card can be up to 90% of the FD amount. 
• As a student, you can apply for this card if you are 18 years old and begin your creditworthiness journey for future financial endeavours. 

Read about the best credit card for students

Final Words

Student credit cards offer more than convenience; they help you manage expenses, build credit, and enjoy rewards early in life. From government schemes to secured cards from top banks, there are plenty of options to suit your needs.

Choose wisely by checking eligibility, benefits, and terms, and start your journey to financial independence today.

Don’t wait! Download the Stable Money app, secure your FD, and enjoy the perks of the Suryoday SF Bank Stable Money Credit Card!