Chase Freedom® Student credit card full review
Check out the benefits here! The Chase Freedom ® Student credit card provides excellent student service with no annual fee.
What should I know about the Chase Freedom® Student credit card?
The Chase Freedom® Student credit card offers a range of quality rewards and does not charge an annual fee. This credit card is designed to assist students by providing basic credit card services without excessive fees.
Discover the benefits of the Chase Freedom® Student credit card in this informative article, including how to apply.
Fees for the Chase Freedom® Student credit card
Unlike many credit cards, the Chase Freedom® Student credit card does not charge an annual fee. This means you can use your card without worrying about high fees.
The introductory APR rate for purchases with this credit card is also set at zero percent.
The balance transfer APR is reset to zero percent.
The regular APR for the Chase Freedom® Student credit card is 18.74% and may vary.
Protections offered by this credit card
Cardholders of the Chase Freedom® Student credit card receive purchase protection coverage for damage and theft. This coverage can be activated within 120 days of purchase and provides up to $500 per purchase and $50,000 per account.
Extended warranty coverage is also provided for eligible purchases, adding up to an extra year of warranty beyond the original factory coverage of up to 3 years.
This credit card also offers cancellation and travel interruption insurance when used for ticket purchases, setting it apart from other student credit cards. This coverage provides up to $1,500 per person and $6,000 per qualifying trip.
How does the Chase Freedom® Student credit card work?
The Chase Freedom® Student credit card allows users to establish a healthy credit limit. It is specifically designed to assist students starting their financial lives, so it does not require a positive credit history.
Cardholders can enjoy a rewarding service for their purchases and receive a bonus as new holders. Transactions made with the Chase Freedom® Student credit card are reported to the three major credit bureaus in the United States (TransUnion, Equifax, and Experian)
Cardholders also have access to their credit score for free through Credit Journey, allowing them to track the impact of their credit card transactions.
What are the benefits of the Chase Freedom® Student credit card?
The Chase Freedom® Student credit card offers several benefits that make it an attractive choice. It is easy to join, as it does not require a credit history, and it does not charge an annual fee that can often reach $500.
Additionally, new cardholders can receive a $50 USD bonus in the form of 5,000 Chase Ultimate Rewards points. To earn these points, cardholders simply need to make any purchases on their credit card within the first 3 months of opening their account.
All purchases made with the Chase Freedom® Student credit card earn 1% cash back on every purchase. Each point is equivalent to one cent of every dollar. Points can be redeemed as a credit on the statement, gift certificates, or by mail. They can also be used for purchases on Amazon.
How to apply for the Chase Freedom® Student credit card?
Click the button below for a detailed step-by-step guide on how to apply for the Chase Freedom® Student credit card. The guide also provides information on other benefits and eligibility requirements.
