Chase Student Credit card 2024

Credit cards designed for students can be valuable tools in establishing credit and fostering responsible financial behaviours early on. Available through various banks and financial entities, these cards cater specifically to college students. It’s advisable to seek guidance from a parent or guardian to determine the most suitable student card based on individual needs and lifestyle preferences.

Chase Freedom Rise℠ Student Credit Card

Chase Freedom Rise℠ is a card geared towards individuals who are new to credit cards, such as students, providing 1.5% cash back on all purchases. Upon activating automatic online bill pay within three months of receiving the card, new cardholders are eligible for a $25 statement credit. Additionally, new cardmembers can enjoy benefits like three months of complimentary DoorDash DashPass and Instacart+ membership.

Best for : New to credit and students

Bonus offer : one time $25 statement credit
Annual fee : 0%
Rewards rate : 1.5%
Ongoing APR :26.99%.

What is chase’s Student Credit Card?

A student credit card is specifically tailored for students and recent graduates, offered by banks and financial institutions. These cards usually feature lower credit limits and may have higher approval rates for individuals with limited or no credit history and modest incomes. For those under 21, a co-signer might be necessary to obtain a student credit card.

Chase Freedom Rise℠ Partner benefits :

DoorDash: Enjoy $0 delivery fee for 3 months with DashPass membership.
Lyft: Earn 5% cash back on rides through March 31, 2025.
Instacart: Get 3-month Instacart+ membership with $0 delivery fee.

Instacart Bonus: Earn up to $10 in statement credits each quarter through July 31, 2024, for eligible purchases with Chase Freedom Rise℠ card.

Redeem Cash back reward for this card

You can redeem cash back rewards for statement credits or direct deposits into most U.S. checking and savings accounts. Additionally, you can use your Chase Freedom RiseSM credit card to shop with points at Amazon or redeem for gift cards, travel bookings through Chase Ultimate Rewards®, and more.

Overview Chase Freedom Rise℠

Rewards for Cardmembers

Begin establishing credit while earning 1.5% cash back on all purchases. Please be aware: additional verification documents, such as a U.S.-issued driver’s license and Social Security Card, may be required after applying.

Ideal for individuals new to credit and students Enhance your approval odds for Chase Freedom Rise℠ by maintaining a Chase checking account with a minimum balance of $250 before applying.*Opens offer details overlay

Interest Rate Variable

APR percentages for the Chase Freedom RiseSM card:

Purchase APR: 26.99%
My Chase LoanSM APR: 26.99%
Balance Transfer APR: 26.99%
Cash Advance APR: 29.99%
Penalty APR: Up to 29.99%

Bonus offer : one time $25 statement credit
Annual fee : 0%
Rewards rate : 1.5%
Ongoing APR :26.99%.

Cost Of Chase Freedom Rise℠

Fee Type	Amount
Annual Membership Fee	None
Chase Pay Over TimeSM Fee	Monthly fee of up to 1.72% of each eligible purchase transaction or selected amount to pay over time
Balance Transfers	Either $5 or 5% of the transfer amount, whichever is greater
Cash Advances	Either $10 or 5% of the transaction amount, whichever is greater
Foreign Transactions	3% of the transaction amount in U.S. dollars
Late Payment	Up to $40
Over-the-Credit-Limit	None
Return Payment	Up to $40
Return Check	None

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Must read : Bank of America Student Credit Card

Chase Credit card benefits

If you’re considering your first credit card, here’s how you can improve your chances of approval and enjoy the benefits of the Chase Freedom Rise℠:

Boost Approval Odds: Having a Chase checking account with a balance of at least $250 can enhance your approval chances for the Chase Freedom Rise℠. You can open a Chase checking account either online at chase.com or at a branch location, and then proceed to apply for the Freedom Rise℠ card.

Earn 1.5% Cash Back: With the Chase Freedom Rise℠ card, you can start building your credit while earning 1.5% cash back on all your purchases. Plus, your cash back rewards won’t expire as long as your account remains open, and there’s no minimum amount required to redeem them.

$25 Statement Credit: Enroll in automatic payments within the first three months of opening your account to earn a $25 statement credit. Automatic payments ensure your credit card bill is paid on time each month, simply by setting a date and dollar amount.

Credit Limit Increase: As a Chase cardmember, you’ll be considered for a credit line increase in as little as six months. Your credit line determines the maximum amount you can spend on your Freedom Rise℠ card.

Free Credit Score Monitoring: Track your credit score and receive valuable insights on how to improve it with Chase Credit Journey.

No Annual Fee: Enjoy all these benefits without having to pay an annual fee for your Freedom Rise℠ card.

These features make the Chase Freedom Rise℠ card an attractive option for first-time credit card users looking to establish credit responsibly and earn rewards on their purchases.

Must read : Discover Sudent Credit card Review

Must read : Bank of America Student Credit Card

Chase Service Protection Credit card For Student

The Chase Freedom Rise℠ card offers several built-in benefits for service protection, including:

Zero Liability Protection: You won’t be held responsible for unauthorized charges made with your card or account information.

Purchase Protection: Covers your new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per account.

Extended Warranty Protection: Extends the time period of the U.S. manufacturer’s warranty by an additional year on eligible warranties of three years or less.

Trip Cancellation/Interruption Insurance: Provides reimbursement for pre-paid, non-refundable passenger fares, up to $1,500 per person and $6,000 per trip, if your trip is canceled or cut short by covered situations.

24/7 Fraud Monitoring: Sophisticated fraud monitoring to safeguard your credit card purchases, with alerts via text, email, or phone for unusual transactions.

Lock/Unlock Feature: Allows you to quickly lock or unlock your credit card through the Chase Mobile app or Chase.com to block new purchases, cash advances, and balance transfers. Locked cards are not responsible for unauthorized charges.

Best Student Credit card For College Student :

The top student credit cards for college students often come with benefits such as waived annual fees and reward programs where you can earn points or cash back on specific purchases. Here are some key features to look for:

0% introductory APR: While student credit cards may have higher interest rates, many offer an introductory period with 0% APR on purchases. Once this period ends, regular interest rates apply.

Low fees: These cards typically have minimal service fees, and some may even waive maintenance or annual fees altogether.

Rewards programs: Students can earn cash back or reward points on purchases, often ranging from 1-5% cash back at select merchants like grocery stores and gas stations. These rewards can be redeemed for gift cards or cash back, useful for buying textbooks or other essentials.

Student benefits: Special perks tailored for college students may include exclusive cash back rewards for achieving high GPAs or making timely payments.

Security features: Student credit cards often come with built-in protections like fraud protection and overdraft protection, especially when linked to a debit card or checking account for automatic payments. It’s important to compare the features and benefits of different student credit cards to find the one that best fits your needs and financial situation.

How to Apply For Chase Studeent Credit Card ?

To apply for a student credit card, the process can differ based on your age and financial situation. Click online Apply

For applicants under 21:

Research suitable student credit cards.
Understand the application criteria.
Provide proof of enrolment in an eligible school, often verified through the National Clearing House.
Gather co-signer details and proof of income.
Submit your application with all required documents.

For applicants over 21:

Research appropriate student credit card options.
Familiarize yourself with the application prerequisites.
Provide evidence of personal income or assets.
Show proof of enrolment in an eligible school, often verified through the National Clearing House.
Submit your application with all necessary documentation.

When applying for a student credit card, you may need to demonstrate a steady income from employment, either part-time or full-time. Alternatively, having a co-signer, someone over 21 with a stable income, may be required to guarantee payments in case of defaults.

Additionally, proof of enrolment, whether part-time or full-time at a college or university, is typically necessary. Ensure you understand the specific requirements of the credit card company regarding the type of educational institution accepted before applying.