Credit Cards

Chase Freedom® Student credit card review

If you're a student with limited credit history, the Chase Freedom® Student credit card could be a great option for you. Get details on rewards, bonuses, and more in this comprehensive review.

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Chase Freedom® Student credit card: Get the freedom of cash back and rewards you deserve!

Chase Freedom® Student credit card
Check out this Chase Freedom® Student credit card review. Source: The Post New.

If you’re a college student, you know that it can be tough to make ends meet. That’s why a credit card can be a useful tool, allowing you to build your credit history while also earning rewards. The Chase Freedom® Student credit card is a great option for students, offering 1% cash back on purchases with no annual fee.

New cardholders also get a $50 bonus after making one purchase within the first 3 months of account opening. For every year up to 5 years that your account is in good standing, you also get a $20 bonus. Students can also count on other benefits such as purchase protection, trip insurance and more.

Chase Freedom® Student credit card

How to get the Chase Freedom® Student card?

Learn how to apply for a Chase Freedom® Student card and earn cash back rewards while making your college life a lot easier.

So if you’re a college student just starting out your credit journey, keep reading to learn what the this card can do for you. See some of its main features below:

  • Sign-up bonus: $50 after the first purchase made within the first 3 months.
  • Annual fee: There is no annual fee to this card.
  • Rewards: 1% cash back on all purchases.
  • Other perks: $20 good standing rewards.
  • APR: 16.49% variable.

Chase Freedom® Student credit card: is it a good card?

Issued by Chase, the Freedom® Student credit card is a solid choice for college students. Not only because it’s a helpful tool in building a strong credit score, but also because it provides some interesting perks for a group of people who are always looking for affordability and ways to save money.

For starters, new cardmembers get a $50 bonus for making a single purchase within the first 3 months of account opening. Then, there’s a 1% cash back reward for purchases with no minimum amount to redeem. The cash back also doesn’t expire as long as the account is active, and you can redeem it as statement credit, cash, gift cards and more.

Then, there’s the lack of annual fees and a pretty standard APR at 16.49% variable. Cardholders can also get a $20 bonus every account anniversary so long as the account is in good standing. 

This a product made for students with limited credit experience but who are able to provide proof of income in order to afford a credit limit. That limit usually starts at $500, but can increase with responsible use and on-time payments. 

Chase Freedom® Student credit card: should you get one?

Chase Freedom® Student credit card
Get exclusive perks with this card. Source: Adobe Stock.

The Chase Freedom® Student credit card is a great option for students who are looking to establish or build their credit history. But as with any credit card, there are pros and cons to consider before applying. Let’s take a closer look at them to help you decide if it’s the right fit for you.

Benefits

  • Easy to get sign-up bonus;
  • Cash back rewards;
  • $20 good standing reward;
  • No annual fee.

Disadvantages

  • Even though the APR isn’t exactly high, there are similar products with a lower rating.

What is the required credit score?

Since this is a student credit card, all credit types are more than welcome to apply. Chase made this card to help people build their credit scores with good use. You can even check your score development for free with Chase Credit Journey.

Chase Freedom® Student credit card application

Now that you know everything about the Chase Freedom® Student credit card, it’s time to learn the application process. If you think this is the card for you and want to apply for it, follow the link below for more details. 

Chase Freedom® Student credit card

How to get the Chase Freedom® Student card?

Learn how to apply for a Chase Freedom® Student card and earn cash back rewards while making your college life a lot easier.

About the author  /  Aline Barbosa

Aline Barbosa is an editor, writer and learning-enthusiast. Passionate about music, books and human behavior. Curious about the unknown. Believer that learning is a life-long process.

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