Chase Freedom® Student credit card
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A simple but decent card for students, the Chase Freedom Student only offers 1% cash back (except for 5% for Lyft rides). But it also comes with a $20 anniversary bonus for up to five years, rare for a card with no annual fee, plus a three-month DoorDash membership.
Chase Freedom® Student credit card
Highlights & Features
Rewards
| Spending Rewards |
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| Introductory Bonus |
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Balance Transfers
A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.
| Intro Balance Transfer APR | N/A for N/A |
| Regular Balance Transfer APR | 14.99% Variable |
| Balance Transfer Fee | Either $5 or 5% of the amount of each transfer, whichever is greater |
Fees
| Penalty APR | Up to 29.99% |
| Late Fee | Up to $39 |
| Returned Payment Fee | Up to $39 |
| Additional Cards Annual Fee | N/A |
| Foreign Transaction Fee | 3% of each transaction in U.S. dollars |
Cash Advances
Borrowing cash on your 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 | 24.99% Variable |
| Cash Advance Fee | Either $10 or 5% of the amount of each transaction, whichever is greater |
Chase Freedom® Student credit card
Highlights
- $50 Bonus after first purchase made within the first 3 months from account opening
- Earn 1% cash back on all purchases
- No annual Fee
- $20 Good Standing Rewards after each account anniversary for up to 5 years
- Earn a credit limit increase after making 5 monthly payments on time within 10 months from account opening when meeting credit criteria
- No minimum to redeem for cash back. Cash Back rewards do not expire as long as your account is open
- Free credit score with Chase Credit Journey
ABOUT THE ISSUER
Chase
Chase has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your
Credit card issuer's websiteThe Chase Freedom Student credit card is designed for college students looking to build credit.
This card is only available to current students, but you can maintain the card and the benefits once you’re no longer a student.
You’ll get 5% cash back on Lyft rides (through March 2022), 1% cash back on all of your other purchases, and a $50 welcome bonus after your first purchase in the first three months of opening your account.
Cardholders can get a free DoorDash membership (DashPass) for three months, and then a 50% discount for the next nine months; DashPass provides free delivery for orders of $15 or more.
If you keep your card open, you’ll get a $20 anniversary bonus every year for the first five years. And you’ll get an automatic credit line increase after making five on-time payments within the first 10 months.
This card has no annual fee.
The information related to Chase Freedom® Student credit card has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.
