Chase Credit Card Offers: Chase Freedom Student [Newest Version]

Chase credit cards are issued by JPMorgan Chase Bank, the largest bank in the United States.

Many Chase rewards credit cards provide introductory bonuses as a way for cardholders to benefit from signing up for and using a new card.

Bonuses for new card members, also known as introductory, sign-up, or welcome bonus offers, can take the form of points, miles, or cash back.

 

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

 

1. Is Chase Freedom Good For Students?

Yes, for students who are approved for the Chase Freedom Credit Card.

It is a fantastic card option.

Any college student would benefit from the Chase Freedom Credit Card, which has no annual fee, multiple bonus categories, and flexible redemption options.

2. What Credit Score Do You Need to Get Chase Freedom Student Card?

Because the Chase Freedom Student credit card is designed for students, you only need a FICO credit score of 660 or higher.

3. What happens to Chase Freedom Student Card After Graduation?

When you graduate, your card issuer may reclassify your account so that it is no longer identified as a student account.

See also  Can a Student Get Chase Freedom Unlimited Credit Card?

However, your card will continue to function normally.

Your card issuer will frequently roll your account into the non-student version of your student card.

4. Is the Chase Freedom Student Card Good for Building Credit?

The Chase Freedom Student card could be an excellent option for students looking to build credit with a starter credit card.

It has a high approval rate, a competitive rewards rate, and even a sign-up bonus as well as ongoing Good Standing benefits.

5. How Does Chase Verify Student Status?

You’ll also need proof of your college/university enrollment and expected graduation dates, such as a transcript or acceptance letter.

Identification commonly used includes, but is not limited to, a Social Security card, a Tax Id Number (TIN), a driving license with a photo, and a student ID with a photo.

6. Does Closing a Chase Student Credit Card Hurt your credit?

Canceling a credit card will not harm your credit score.

To protect your credit score, pay down all credit card balances first (not just the one you’re canceling).

The cancellation of a credit card has no effect on your credit history (history is a factor in your overall credit score).

7. Annual Fee For Chase Student Credit Card

There is no annual fee for all of the great features that come with your Chase Freedom Student card.

8. Rewards of Chase Student Credit Card

NEW CARDMEMBER OFFER: $50 BONUS on the first purchase made within the first three months of account opening.

Get 1% back on all purchases.

As long as your account is active, your Cash Back rewards will not expire.

See also  The Comprehensive Guide for International Students Applying for a Chase Student Credit Card

There is also no requirement to redeem for cash back.

With this bonus offer, you will receive 5,000 bonus points, which can be redeemed for $50 cash back.

To be eligible for and receive your bonus, your First Purchase must take place within the first three months of account opening.

Good Standing Rewards of $20 for up to 5 years, after each account anniversary.

Please allow 6 to 8 weeks for bonus points to post to your account after qualifying. Accounts must be open and not in default at the time of fulfillment to be eligible for this bonus offer.

9. APR on Purchases

17.24% variable APR.

10. Balance Transfer

No balance transfer.

11. Pros & Cons

Increase in Credit Limit
Earn a credit limit increase after making 5 on-time monthly payments within 10 months of account opening when credit criteria are met.

Free Credit Report
Credit Journey gives you access to your credit score at any time.

Zero Liability Protection

You will not be held liable for unauthorized charges made with your card or account

Purchase Protection

Covers new purchases against theft or loss for 120 days, up to $500 for every claim and $50,000 for each account.

Extended Warranty Protection

Extends the time period of the manufacturer’s warranty in the United States by one year for eligible warranties of three years or less.

Fraud Protection

Chase uses sophisticated Real-Time Fraud Monitoring to help protect your account. You can rest assured that your card transactions will be scrutinized for signs of fraudulent activity.

Fraud Alerts

See also  Understanding the Credit Score Needed for a Chase Student Credit Card: A Step-by-Step Guide

In the event of unusual activity, Chase may contact you via phone, text, or email.

Lock/Unlock Feature

To instantly restrict new purchases, cash advances, and balance transfers, lock or unlock your credit card from the Chase Mobile app or Chase.com.

You are not liable for any unauthorized charges, and locking your card has no impact on automatic payments.

Redeem your Cash Back rewards

There is no minimum requirement to redeem for cash back.

You have the option of receiving a statement credit or direct deposit into most US checking and savings accounts.

Shop with Points at Amazon

Connect your Chase Freedom Student credit card to your Amazon.com account.

Use your Cash Back rewards to pay for all or part of your eligible Amazon.com orders, including tax and shipping, at checkout.

Gift cards

Redeem gift cards and certificates for shopping, dining, and entertainment, among other things.

Travel

Travel with Chase Ultimate Rewards for competitive rates and flexible payment options.

12. Partner Benefits

DoorDash: Zero delivery fees.

Get three months of DashPass, DoorDash’s membership that includes unlimited deliveries with no delivery fee.

Lower service fees on eligible DoorDash and Caviar orders.

Following that, you will be automatically enrolled in DashPass at a 50% discount for the next 9 months. By December 31, 2024.

5% Cash Back on Lyft Rides

5% cash back on Lyft rides until March 31, 2025.

That’s 4% cash back on top of the 1% cash back you already receive.

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