• Editor's Rating: 7.0
  • Consumer Rating: (3 ratings) 7.7
Intro APR: 0%
Regular APR: 16.90%
Annual Fee: $29
Intro Period: Until May 2009
Balance Transfer: Yes
Credit Needed: Limited

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  • Start building your credit today and earn cash, simple and fast
  • 25% annual bonus on cash earned during the year and 1% cash back on all purchases
  • No limit on cash back and rewards won’t expire for the life of your account
  • 0% intro APR on purchases until May 2009
  • $0 Fraud Liability for unauthorized use if your card is lost or stolen

EDITORS' RATINGS OVERALL SCORE

7.0

Overall

The Bottom-Line

The Capital OneĀ® No Hassle Cash(SM) Rewards for Students is a way for full or part-time college or university students to build their credit history and earn rewards.

The Good

Cardholders earn 1% cash back on all purchases and a 25% bonus on all cash earned in previous year. No limit to amount of cash back that can be earned, no expiration date and no minimum required to redeem for cash.

The Not So Good

The card has an annual fee and the maximum credit limit is $3,000.

CARD DESCRIPTION

This is a rewards card that is great for students who have a limited credit history and would benefit from a rewards program.  Students earn 1% cash back on all purchases and get platinum benefits and services such as extended warranties, travel accident insurance, and roadside assistance.

The Capital One® No Hassle Cash(SM) Rewards for Students gives you a great way to start building your credit history while also earning fun rewards. You can use this card whether you are a full time student or only a part time student at a college or university. Just keep in mind that the annual fee is slightly higher on this than many other cards and the credit limit is capped at $3,000. 

With the Capital One No Hassle Cash Rewards for Students you are entitled to a 25% bonus on all cash earned in the previous year. There are no limits on the amount of cash back you can earn so the more you spend, the more you can get back. The card comes with no expiration dates on rewards earned and no minimum is required for redeeming cash that you have accumulated.

Read Customer Reviews (Last Reviewed: Aug 03, 2008)

DETAILED EDITORS' RATINGS

6.0

Introductory APR

0% on purchases until February 2009

7.0

Benefits

Students with limited credit history will find that they might be eligible for this card. Cardholders will enjoy up to 40% discounts with the online shopping program and get 1% cash back on all purchases.

5.0

Fees

$29 annual fee

5.0

Regular APR

Variable rate of 16.90%