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Sallie Mae Ignite Student Card

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While this card does offer low cash back earnings, you’ll get a 25% bonus after making six consecutive on-time payments along with a low intro APR for purchases.

Our rating
Credit range: No Credit
Annual Fee: $0
Regular APR: 14.74%–24.74% Variable
Intro Purchase APR: 0% for 6 months

Sallie Mae Ignite Student Card

Our rating
No Credit Credit range
$0 Annual Fee
Apply Now

Highlights & Features

Rewards

  • 1% cash back on all purchases
  • 25% bonus on your cash back rewards after making six consecutive on-time payments

Balance Transfers

A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.

Intro Balance Transfer APR N/A
Regular Balance Transfer APR 14.74%–24.74% Variable
Balance Transfer Fee 3%, $5 minimum
How to Transfer a Balance on a Credit Card

Fees

Penalty APR N/A
Late Fee Up to $39
Returned Payment Fee Up to $39
Additional Cards Annual Fee N/A
Foreign Transaction Fee 3%
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR 26.74% Variable
Cash Advance Fee 5%, $10 minimum
How to Get a Cash Advance with a Credit Card
Sallie Mae Ignite Student Card

Highlights

  • 0% purchase APR for 6 months, then your rate will be 14.74%–24.74% Variable
  • 1% cash back on all purchases
  • 25% bonus on your cash back rewards when you make six consecutive on-time payments
  • If approved, you’ll be automatically entered each month to win the Swipe Away $10k Sweepstakes that goes towards paying off your student loans
  • No annual fee
ABOUT THE ISSUER

Sallie Mae Bank

Manage your Account & Pay your Bill

You can usually pay your bill online on your

Credit card issuer's website

Speak to Customer Service

1-888-295-3447

The Sallie Mae Ignite Student Card is a Mastercard designed for building credit, by making it easy to pay off purchases while offering rewards for on-time payments.

You can take advantage of a 0% intro purchase APR for 6 months, then your rate will be 14.74%–24.74% Variable.

You’ll start off getting unlimited 1% cash back on all purchases, with a 25% bonus after making six consecutive on-time payments.

This card has no annual fee.