Capital One Savor Student Cash Rewards

The Savor Student gives students an unusually rich earn structure for a no-annual-fee card: 3% cash back on dining, entertainment, streaming, and groceries, plus 5% on hotels and rental cars booked through Capital One Travel. Those categories line up well with how many students actually spend, and no foreign transaction fees makes it a sensible pick for study abroad. Capital One recently cut the signup bonus from $100 to $50, still earned on just $100 of spending in the first 3 months, so it is now a small sweetener rather than a reason to apply. Everything outside the bonus categories earns only 1%, so it works best paired with a flat-rate card for other purchases. There is no intro APR, and the regular APR runs as high as 28.49%, so pay the balance in full.