Classic Credit Card
A simple first credit card with a modest limit and low fees.
Credit cards
Freedom for students. Peace of mind for parents.
The Lanternvale Student Credit Card has no annual fee and a limit of JOD 150 to JOD 500, so university students can build a credit history while parents stay in the loop.
Applications are not possible: this is a fictional test website.
Key benefits
No annual fee
Free for as long as you are a student.
Low, safe limit
JOD 150 to JOD 500, enough for books, transport and emergencies.
Parent alerts
With the student's consent, a parent can receive spending alerts and set a lower limit.
Campus discounts
10% off at partner bookshops, stationery stores and cafés near campus.
Who it's for
For students taking their first steps with credit, and for the parents who support them.
- University students living away from home for the first time
- Parents who want to give a safe spending tool, not cash
- Students on scholarships who pay for books and transport
- Students studying abroad on a short exchange
Features
- Limit JOD 150 – 500
- No annual fee while a student
- Parent spending alerts and limit controls (optional)
- 10% off at campus partner stores
- Automatic upgrade to Classic card after graduation
- Card freeze and online payment controls in the app
Rates and figures
| Item | Detail |
|---|---|
| Annual fee | Free |
| Credit limit | JOD 150 – 500 |
| Interest rate | 2.00% monthly |
| Age | 18–26, enrolled student |
| Minimum payment | 5% of balance or JOD 10, whichever is higher |
Fictional figures for software testing.
Fees and charges
| Annual fee | Free |
|---|---|
| Cash withdrawal | 3% (minimum JOD 2) |
| Late payment | JOD 5 |
| Foreign transactions | 2.5% of amount |
| Replacement card | Free once a year |
Eligibility
- Aged 18 to 26
- Enrolled at a recognised university or college
- Student ID and enrolment letter
- A parent or guardian as guarantor if the student has no income
Documents you need
- Student's national ID or passport
- University student ID and enrolment letter
- Guarantor's ID and salary certificate (if needed)
How to apply
- Apply in the app with your student ID
- Add a parent as guarantor if needed
- Get a decision within 2 working days
- Collect your card on campus days or at a branch
Frequently asked questions
Can I get the card with no income?
Yes, with a parent or guardian as guarantor.
Can my parents see what I spend?
Only if you agree. Parent alerts are optional and can be switched off by the student at any time after age 21.
What happens when I graduate?
Your card is upgraded to a Classic card. The annual fee then applies unless you choose to close the card.
Is there interest?
Yes, 2.00% monthly on unpaid balances. Pay your full balance each month to avoid it.
Related products
Basic Account
A no-frills account with no minimum balance for your first steps in banking.
Education Loan
Pay university fees at home or abroad with a grace period while you study.
Lanternvale Bank is fictional and issues no cards. Card designs are illustrations with no payment network. Figures are examples for software testing only and, if real, would be subject to credit approval and local banking regulation.