Chase Freedom® Student credit card

*Editor’s note: This card is no longer available. See Chase’s new card, Chase Freedom Rise℠.

The Chase Freedom® Student credit card is a card for students just beginning to establish their credit history. With no annual fee, it offers a signup bonus, Good Standing Rewards bonus, and cash back on every purchase. We dive into the details and your approval odds in this Chase Freedom® Student credit card review.

Our Rating

4.2/5.0

Welcome Offer

$50 Bonus

Annual Fee

$0

0% on Purchases

N/A

Reward Rate

1%

0% on Balance Transfers

N/A

How Does the Chase Freedom Student card Compare?

The Chase Freedom® Student credit card stacks up well against other student credit cards. The unlimited access to credit score information can help students see how their choices affect their credit. The cash back rewards are a straightforward 1% across the board, so no need to keep track of categories or other limitations. You may also be eligible for a credit limit increase after making five on-time monthly payments within 10 months from account opening.

Who Is the Chase Freedom Student card Best For?

The Chase Freedom Student card is best for students who want a starter credit card that offers a bonus, cash back, and credit score monitoring for no annual fee.

Who Would Do Better With a Different Card?

Students who travel internationally can avoid foreign transaction fees by choosing the Deserve EDU Mastercard for Students. There’s no signup bonus, but it also offers 1% cash back on all purchases and there’s no annual fee. If you’re an international student, you don’t need a social security number to apply.

Students can earn slightly more cash back with the Journey Student Rewards from Capital One. If you make payments on time, you can earn 1.25% cash back on purchases. You can also earn 5% cash back on hotels and rental cars booked through Capital One Travel.

Welcome Offer

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

Features & Benefits

SecurityCredit Score Monitoring, EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts, Card Lock
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, PayPal
BenefitsExtended Warranty Coverage, Purchase Protection, Free credit score access, 24/7 customer service
Travel PerksTrip Cancellation Insurance

Rewards

1% cash back
All eligible purchases
Earn 1% cash back on all purchases

Interest Rates & Fees

Annual Fee$0
Foreign Transaction Fee3% of each transaction in U.S. dollars
Regular APR19.99% (V) APR

Pros & Cons

Pros
  • Welcome offer
  • No annual fee
  • Earns Chase Ultimate Rewards points
  • Up to 1% cash back
Cons
  • Foreign transaction fee

What Are the Best Alternatives?

Deserve EDU Mastercard for Students
Deserve EDU Mastercard for Students

Rating

4.5

Rewards Range

1%

Annual Fee

$0

Petal® 2 "Cash Back, No Fees" Visa® Credit Card
Petal® 2 "Cash Back, No Fees" Visa® Credit Card

Rating

4.6

Rewards Range

1% - 10%

Annual Fee

$0

Chase Freedom Rise℠
Chase Freedom Rise℠

Rating

4.2

Rewards Range

1.5% cash back

Annual Fee

$0

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