I know nothing about the student card, but I do like MBNA for travel outside the U.S. They do not add the usual 2% rip off charge to foreign currency conversion that other banks try to get away with charging.
I use only MBNA cards for foreign travel. Info on several can be found in the Credit Card section of my website,
Free Frequent Flyer Miles. Perhaps some of the miles producing ones would be even better than the student card.