If you are a student and don’t have a job, you might still be able to get a Chase credit card.
Some Chase credit cards are made for people with little or no credit history or a low income, and they may have perks and rewards that fit the needs of students.
In this guide, we’ll look at two Chase credit cards that are good for students who don’t have a job.
We’ll talk about their features, perks, and eligibility requirements, as well as give tips on how to use credit cards responsibly.
Chase Freedom Student Credit Card: A card made for college students
Lily, a student in college, wants to get a credit card so she can build her credit history and earn rewards, even though she doesn’t have any money.
Lily should get the Chase Freedom Student credit card because it gives 1% cash back on all purchases, has a $50 sign-up bonus, and doesn’t charge a yearly fee.
Lily might need to be at least 18 years old and have a good credit score, among other things, to be eligible.
Chase Slate is a credit card you can use to pay off debt or buy big things.
Tom is a senior in college and doesn’t have a job.
He wants a credit card that will help him pay off debt or buy something big while giving him time to pay it off.
The Chase Slate card has no annual fee and a 0% introductory APR on purchases and debt transfers for the first 15 months.
Tom may need a good credit score to be eligible.
Researching and comparing Chase credit card choices
Before applying for a Chase credit card, it’s important to research your options and compare the benefits, rewards, fees, and eligibility requirements.
Think about things like cash-back benefits, interest rates, and minimum credit scores.
Paying on time and not going over your credit limit are examples of good credit habits.
Look for credit cards that reward you for good credit habits, like paying on time and not going over your credit limit.
By using your credit card wisely, you can build your credit history, get perks, and avoid going into debt.
Alternative Credit-Building Options for Students with No Income
If traditional Chase Credit Card options aren’t working for students with no income, there are alternative scenarios and tips to help them find the right solution to suit their needs and build credit.
Students who don’t have a job can still work on building their credit history and managing their money properly by looking into other options and using different financial tools.
Choose student credit cards with easy requirements to meet.
Example: Discover it® Student Cash Back card
Benefits: cashback rewards, no annual fee, accessibility
Both the Chase Freedom Student credit card and the Chase Slate credit card were turned down for Jamie, a student with no income.
Jamie might want to apply for a different student credit card whose standards are easier to meet.
For example, the Discover it® Student Cash Back card gives cash back, has no annual fee, and is easier for students with little money or credit background to get.
Apply for a loan to build up your credit.
Local credit unions or online lenders can give loans.
Benefits: Regular loan payments will help you build your credit.
Sarah is a student who doesn’t have a job.
Because she has no credit background, she has been turned down for multiple credit cards, including ones from Chase.
Sarah could try to get a credit builder loan from a neighborhood credit union or an online lender.
People with no credit background or a low credit score can build their credit by making regular, on-time loan payments.
As Sarah pays off her loan, her credit history will get better.
This could make it possible for her to get a credit card in the future.
Join the credit card of a family member or friend as an authorized user.
Build a credit background as long as the main cardholder makes payments on time.
Mia is a student and doesn’t have a job, so she can’t get a credit card on her own. However, she still wants to build her credit background.
Mia could ask a family member or close friend with good credit to add her as an approved user on one of their credit cards.
Mia can build her credit background as an authorized user as long as the main cardholder makes payments on time.
Before becoming an authorized user, Mia should talk to the main cardholder about what is expected of her and what her duties are.
Even if you don’t have any money, you can build your credit history and earn rewards with a Chase credit card if you know your choices and use credit wisely.
Research and compare the Chase credit card choices, use credit wisely, and, if you need to, think about other options like secured credit cards.
You can set yourself up for a good financial future if you take the right steps.
