Chase Freedom® Student credit card

Chase travel card, a premium travel card that offers a flexible rewards program. You can redeem your points for bonus travel rewards and dining.

Credit needed
Very Fair
Variable 14.99%
Annual Fee

Card Summary

Chase Freedom Student Credit Card with no annual Fee helps students to build credit and establish responsible card habits.

Flat-rate rewards are also available. You get 1% cashback on all purchases and bonuses when you pay your balance in full.

Contactless payment and zero fraud protection are available for cards. This means that you will not be held responsible for any unauthorized charges.

Chase Freedom Student card holders also have other benefits such as extended warranty coverage and purchase protection.

Card Summary - Cons

Rates and fees

Issuer Name
Penalty APR
Maximum 29.99%
Credit Needed
Very Fair
Balance Transfer Fee
The transfer amount must be either $5 or 5%, depending on which is higher.
Annual Fee
Cash Advance Fee
You can choose to pay $10 or 5% depending on the transaction amount.
Variable 14.99%
Foreign Transaction Fee
Each transaction is charged 3% in U.S. Dollars.


50% bonus on your first purchase within 3 months of account opening All purchases earn 1% cashback.

There is no annual fee.

$25 good standing reward after every account anniversary, up to five years after meeting the credit requirements, you can earn a credit limit rise by making five monthly payments within 10 months.

Cash back rewards can be redeemed at any time with no minimum. As long as you have an active account, cash back rewards will not expire Chase Credit Journey offers a free credit score

Comparative Analysis with Other Cards

Chase Freedom Student Vs. Bank of America's Cash Rewards Credit card for Students

Annual Fee: There is no annual fee for the card.

Reward: All purchases are eligible for a Chase Freedom Student Credit Card which offers 1% cashback. Students can earn 3% cashback with the Bank of America Cash Reward Credit Card. This card offers 2% rebate at wholesale clubs and grocery stores, as well as 1% on any other purchases. Earnings quarterly are limited to $2,500, and thereafter you will receive 1% cashback on any purchases.

Sign-up bonus: Receive $50 cash back as a sign-up bonus after your first Chase Freedom Student purchase within the first 3 months. After spending minimum $1,000 in the first 90 days of opening your Bank of America Cash Rewards credit card for students, you will receive a $200 bonus.

Cardholders who are new to the card will also receive a 0% initial APR during their first twelve billing cycles. Chase cards do not offer this.

Benefits: The benefits of both cards include free credit access and no liability protection. You won't have to pay for any unauthorized charges. Extended warranty coverage is available with the Chase Freedom Student credit cards. This extends U.S. manufacturers warranties up to one year for eligible warranties less than three years. When you connect your Bank of America eligible checking account to your bank card, the Bank of America Cash Reward Credit Card for Student offers overdraft protection at a nominal fee. As long as your credit is available, a cash advance can be made from your credit card to pay for any excess deposit.

Chase Freedom Student Chase Freedom Student vs The Discover it Student Cash back card:

Annual Fee: There is no fee for either card.

Reward: All purchases made with the Chase Freedom Student Credit Card earn 1% cashback, the Discover it Student Cash back card gives you a 5% cashback on purchases made at various places every quarter, up to the maximum quarterly limit, and 1% on all purchases.

Your Chase Freedom Student Card will give you $50 in cashback as a sign-up bonus. This is after your first purchase made within the three month period.

You will receive the same cash back when you open your Discover it Student Cashback card as the amount of cash that you earned at the end the first year.

Benefits: You will get $20 cash back for every year your Chase Freedom Student card remains in good standing over the first five years. Each card offers free credit access and no fraud liability. Discover It Student Cash Back cards waive late payments fees and have no foreign transaction fees.


Note: Credit Card summary is for informational purposes only and is not an endorsement of the product. Products and services described are offered by third parties and not Bright Money or its partner banks. Bright Money strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider, or specific product’s site and the information has not been reviewed or provided by the issuer of the product before publication.

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