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Chase Freedom® Student credit card review

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Advertiser Disclosure

Interest Rate: Purchases
14.99% (Variable)
Balance Transfer
14.99% (Variable)
Rewards
1% cashback
Signup Bonus
-


8/10
Informr score
The Chase Freedom® Student credit card currently has an Informr score of 8 out of 10. This score is based on our evaluation of 16 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Chase Freedom® Student credit card is typically available to those with poor credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


CardRatings.com

A good starter card for students who are beginning to establish their credit history, particluarly if they have an interest in developing a relationship with Chase and a starter bank of Ultimate Rewards® points. Though some of the rewards are not as high are other cards, the rewards offered can stil...

- Brooklyn Lowery, CardRatings.com
NerdWallet

With decent rewards plus features that are friendly to those with no credit history, this student card gets a good grade for products in its class.

- Melissa Lambarena, NerdWallet
Bankrate

Along with giving you a chance to build credit as a student, the Chase Freedom Student keeps costs low, charging no annual fee and earning rewards on every purchase you make. The card also comes with a respectable list of perks and makes for a great entry point into the lucrative Chase Ultimate Rewa...

- Holly D. Johnson, Rebekah Hovey, Bankrate
LendingTree

Though the Chase Freedom® Student credit card doesn’t offer the highest cashback rewards rate among student credit cards, it is a solid option if you want a flat-rate card that charges a $0 annual fee. Additionally, because the Chase Freedom® Student credit card offers tools to help encourage respon...

- Tracy Brackman, LendingTree
SimpleMoneyLyfe

If you are a student with little to no credit history, the Chase Freedom® Student Card is a great option. Your approval odds are high, and the Chase Freedom® Student Card will also help you boost your credit score as long as you make payments on time because they report to all three credit bureaus. ...

- Brian Latchford, SimpleMoneyLyfe

Details


Interest Rates
Regular APR Interest Rate 14.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 14.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 24.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 5%

Minimum of $5

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee 3%

of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $40.00

Maximum

Promotions
Sign up bonus

$50 Bonus earned after first purchase made within the first 3 months from account opening.

Rewards
All Purchases 1% cash back
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details
  • 5% cash back on Lyft
  • Earn $20 good standing rewards after each account anniversary for up to 5 years.
Features & Benefits
Additional Card Holders No
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores Yes
Wireless Payments Apple Pay, Samsung Pay, Google Pay
Virtual Cards No
Additional Benefits
  • Earn a credit limit increase after making 5 monthly payments on time within 10 months from account opening when meeting credit criteria.
  • Trip Cancellation/Interruption Insurance
  • Lock/Unlock Feature
  • Contactless payment
  • Get a complimentary 3 months of DashPass, DoorDash's subscription service. After that, you are automatically enrolled in DashPass at 50% off for the next 9 months.
Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
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Additional comments -
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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