Building Credit and Earning Rewards: The Benefits of the Chase Freedom Student Credit Card

As a college student, you should start building a good credit background as soon as possible.

So, the Chase Freedom Student credit card is a great choice for students who want to build credit and get perks at the same time.

Lisa is a college student who wants to start building her credit past but doesn’t know where to start.

She chooses to look into her options and finds out about the Chase Freedom® Student credit card.

Lisa decides to apply for the Chase Freedom® Student credit card and wants to make sure she understands all the requirements and benefits.

Here’s a step-by-step guide to help her get started:

Getting Started with the Chase Freedom® Student Credit Card: A Step-by-Step Guide

Step 1: Check Eligibility Requirements

Lisa checks the eligibility requirements for the card, which include being at least 18 years old and having a Social Security number.

She also notes that she may need to provide additional verification documents, such as a U.S.-issued driver’s license.

Step 2: Apply Online

Lisa fills out the online application, providing her personal and financial information.

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She is asked about her income and credit history, but notes that having a credit history is not required to apply for the student credit card.

Step 3: Wait for Approval

Lisa submits her application and waits for a decision from Chase.

She receives an email a few days later letting her know that she has been approved for the card.

Step 4: Activate the Card

Lisa receives her new Chase Freedom® Student credit card in the mail and activates it by following the instructions provided.

chase freedom student offer, bonus credit card
chase freedom student offer, bonus credit card

Using Your Chase Freedom® Student Credit Card: Tips

Now that Lisa has her new credit card, she wants to make sure she uses it responsibly to build her credit history and earn rewards.

Here are some tips to help her get started:

Tip 1: Use the Card for Everyday Purchases

Lisa uses her Chase Freedom® Student credit card for everyday purchases, such as groceries and gas.

She makes sure to only charge what she can afford to pay off each month to avoid accumulating debt.

Tip 2: Pay On Time and in Full

Lisa makes her credit card payments on time and in full each month to avoid late fees and interest charges.

This also helps her build a strong credit history.

Tip 3: Track Rewards and Redeem Them Regularly

Lisa keeps track of the rewards she earns with her credit card and makes sure to redeem them regularly.

She can choose to receive cash back or redeem her rewards for gift cards, travel, or other items.

Benefits and Features of the Chase Freedom® Student Credit Card

Lisa is pleased to learn about all the benefits and features that come with her Chase Freedom® Student credit card. Here are some of the highlights:

  • $50 Bonus Offer after first purchase made within the first 3 months from account opening
  • Earn 1% cash back on all purchases
  • 19.74% variable APR
  • $0 annual fee
  • Credit Limit Increase: Earn a credit limit increase after making 5 monthly payments on time within 10 months from account opening when meeting credit criteria.
  • Free Credit Score: Access your credit score at any time with Credit Journey
  • Purchase Protection: Covers 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: You can be reimbursed up to $1,500 per person and $6

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