Reviews

Chase Freedom® Student credit card full review

If you want to build credit and still earn rewards from it, you need to know about the Chase Freedom® Student credit card. Check out the details of this excellent option.

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Note: The Chase Freedom® Student card has been discontinued by Chase and can no longer be applied for.

Chase Freedom® Student credit card: $50 upfront bonus and a low APR rate!

Chase Freedom® Student credit card
Read our Chase Freedom® Student credit card review! Source: Chase

Starting a financial life is always a challenge. However, some credit operators aim to facilitate this start and still offer some benefits. This is the case with the Chase Freedom® Student credit card.

With this credit card option, you have an initial bonus of $50 and zero annual fees. In addition, it has rewards for good use of credit. Learn more in this post.

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How to apply Chase Freedom® Student credit card

Want a card with many benefits for students? Then learn how to apply for a Chase Freedom® Student card and enjoy your benefits.

  • Credit Score: 690-850 (good to excellent);
  • Annual Fee: $0;
  • Regular APR: 16.49% (variable for purchases);
  • Welcome bonus: $50 bonus after the first purchase made within 3 months of account opening;
  • Rewards: 1% cashback on all purchases and a credit limit increase after consecutive monthly payments within the first 10 months.

How does the Chase Freedom® Student credit card work?

Chase Freedom® Student credit card
Zero annual fees, good credit growth, and a $50 bonus are some benefits | Source: Adobe Stock

The Chase Freedom® Student credit card is designed for students who have good credit. The card has 1% cashback on purchases of all types.

In addition, it has an introductory bonus of $50 reais after the first purchase within the first quarter. Depending on the positive credit behavior, the limit automatically increases within a few months.

Chase Freedom® Student credit card pros and cons

It is essential to analyze the pros and cons before applying for a card. After all, there are many options on the market, and each one is ideal for a type of need.

Even with student cards, it is essential to pay attention to benefits and fees. That way, you avoid surprises. This student card option promises to please the vast majority of young people. Check out.

Pros

  • APR variable of around 16.49%, one of the lowest for credit cards;
  • $50 bonus after purchase within the first three months of membership;
  • Zero annual fees;
  • 1% cash back on all purchases;
  • Easy credit limit increase according to card use.

Cons

  • There are no distinct bonus categories;
  • Relatively high credit requirements for the range of students.

Does my credit score need to be good?

To apply for the Chase Freedom® Student Credit Card, you must have a good credit score at a minimum. This includes having a history between 690 and 850.

Also, your chances increase if you have made good use of credit in previous years. So make conscious use of it before applying for the card.

Want to apply for the Chase Freedom® Student credit card?

As you can see, Chase Freedom® Student credit is a versatile option for any student. After all, he has cashback on any type of purchase.

It is an option for students with good credit history. It offers a $50 bonus in the first few months and still brings good credit over time.

The application for this card can be carried out over the internet or through the application. Want to know how to do it? Check out the post below that explains the step-by-step of this process.

Chase Freedom® Student credit card

How to apply Chase Freedom® Student credit card

Want a card with many benefits for students? Then learn how to apply for a Chase Freedom® Student card and enjoy your benefits.

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