In this article, we review the TSB Student credit card, which offers a way of students accessing credit and potentially improving their credit rating over time.
Key facts about the TSB Student credit card
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Best for: Students looking for a higher initial credit limit than is available with some other student cards.
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Introductory offer: No introductory offers.
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Representative APR: 21.90% variable.
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Fees: No annual fee.
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Perks: No specific perks.
Pros of the TSB Student credit card
- It has a minimum credit limit of £500, although the maximum credit limit is subject to status.
- There is no annual fee for the account.
- Purchases are interest-free for 56 days if you pay the full balance of the account on time each month.
Cons of the TSB Student credit card
- You have to have had an existing TSB Student Current Account for at least the last 3 months.
- You have to be receiving a "regular income" to be eligible.
- The APR is marginally higher than some other student cards.
How to manage your payments on the TSB Student credit card
Cardholders can manage their accounts online or on the mobile app.
How to find out which credit card is best for you
Money to the Masses has partnered with Creditec* to help find the best credit card for you. By entering a few basic details, you will be able to see a tailored list of the best credit cards based on your individual circumstances. You can sort your results by the feature that interests you most, such as by card type, total fees or cashback offered. On top of this, the credit cards that have been pre-approved for you will be highlighted, meaning you can be more confident that you will be accepted if you apply. (Pre-approval does not guarantee acceptance and is still subject to additional lender checks). Your details will be used to conduct a soft credit search often referred to as an eligibility check, which means your credit score will not be affected. Click on this link to get started*.
How to apply for the TSB Student credit card
Existing TSB student account customers can apply through online banking or, alternatively, at a TSB branch.
Alternatives to the TSB Student credit card
If a link has an * beside it this means that it is an affiliated link. If you go via the link Money to the Masses may receive a small fee which helps keep Money to the Masses free to use. But as you can clearly see this has in no way influenced this independent and balanced review of the product.
