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.
Chase Freedom® Student credit card: $50 upfront bonus and a low APR rate!
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.
- 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?
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.
You will be redirected to another website
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.
- 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.
- 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.
Get an easy home equity line of credit: Citizens Bank HELOC review!
Looking for a flexible and convenient way to access equity in your home? Check our Citizens Bank HELOC review!Keep Reading
Wells Fargo Autograph℠ Card full review
Looking for a new credit card? Then read out the Wells Fargo Autograph℠ Card review and find out! Enjoy intro APR and multiple benefits!Keep Reading
You may also like
The Credit People review: repair your credit with confidence
A good credit score opens doors for negotiations. Check out this review from The Credit People, a great option to improve your finances!Keep Reading
Applying for the Revvi credit card: learn how!
If you have a low credit score, the Revvi card is the perfect way to start improving it. See how to apply now and get a decision in seconds!Keep Reading
One Finance hybrid account review: read before applying
Check our One Finance Hybrid Account review to learn about the unique benefits and features this account has to offer! Read more now.Keep Reading