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Best Chase Student Credit Card

Best Chase Student Credit Card

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This article was last updated Jun 30, 2020. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

If you’re a student who wants to take advantage of the benefits that come with carrying a Chase credit card – such as access to the Ultimate Rewards® program, purchase protection and extended warranty protection – you may be surprised to learn that Chase actually only has one credit card specifically designed for students. But know that there are other Chase cards you may be able to qualify for.

Based on our research of cards available through CompareCards, as well as the top cards offered by Chase, here are our picks for the best Chase credit cards for students for the following categories:

Best Chase student card: Chase Freedom® Student credit card

Along with cash back on every purchase, the Chase Freedom® Student credit card offers an easily attainable sign-up bonus as well as tools to help promote responsible credit usage. Cardholders earn 1% cash back on all purchases. Plus, the card offers the following sign-up bonus: Earn a $50 bonus after making a purchase on your card within the first 3 months of account opening, when you apply for the card at a Chase branch.

The card also offers an automatic credit limit increase when you make five monthly on-time payments in the first 10 months of opening your account and meeting credit criteria.

Additional Chase Freedom® Student credit card benefits:

  • $0 annual fee.
  • $20 in Good Standing Rewards after each account anniversary for up to five years for keeping your account up-to-date on payments.
  • Free and unlimited access to your credit score through Chase Credit Journey.
  • Purchase protection on new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per account.
  • Extended warranty protection for an additional year beyond the U.S. manufacturer’s warranty (on eligible warranties of three years or less).
  • Complimentary three-month membership to DashPass from DoorDash, when you activate by Dec. 31, 2021.

What to look out for. Although the Chase Freedom® Student credit card offers cash back on every purchase, the rate is mediocre compared to some other student credit cards. That said, cardholders can also earn 5% cash back on Lyft rides through March 2022.

Additionally – when applying for this card – you may be required to provide additional verification documents, such as a U.S.-issued driver’s license or Social Security card.

Read our Chase Freedom® Student credit card review.

Best for cashback rewards: Chase Freedom Unlimited®:

If you want to earn a higher sign-up bonus and cashback rate – and you already have Excellent/Good credit – the Chase Freedom Unlimited® card may be a better fit. The card lets you earn unlimited 1.5% cash back on all purchases.

If you need to finance a large purchase, such as a laptop or school books, you can do so interest free for more than a year with the Chase Freedom Unlimited®. The card offers a 0% Intro APR for 15 months on purchases. After that, a regular APR of 14.99% - 23.74% variable applies.

Additional Chase Freedom Unlimited® benefits:

    • $0 annual fee.
    • Purchase protection on new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per account.
    • Extended warranty protection for an additional year beyond the U.S. manufacturer’s warranty (on eligible warranties of three years or less).
    • Complimentary three-month membership to DashPass from DoorDash, when you activate by Dec. 31, 2021.
    • 5% cash back on Lyft rides through March 2022.

Read our Chase Freedom Unlimited® review.

What to look out for. Although the Chase Freedom Unlimited® offers a slightly higher cashback rate than the Chase Freedom® Student credit card, there are Chase credit cards available with more generous rewards rates.

The Chase Freedom® card, for example, offers the following: Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories every 3 months. Unlimited 1% cash back on all other purchases. Plus, earn a Earn a $200 Bonus after spending $500 on purchases in your first 3 months from account opening. The Chase Freedom® also requires excellent/good credit for approval.

Read our Chase Freedom® Credit Card review.

Best for balance transfers: Chase Slate®

If you’ve racked up a large amount of high-interest credit card debt during your college years that you’re struggling to pay off, you should look at the Chase Slate® card. The card offers a 0% Intro APR on Balance Transfers for 15 months. Once the promotional period ends, a regular APR of 16.49% - 25.24% variable applies.

Additionally, the Chase Slate® card provides an introductory balance transfer fee of $0 for the first 60 days that your account is open, after that, either $5 or 5% of the amount of each transfer, whichever is greater.

Additional Chase Slate® benefits:

  • $0 annual fee.
  • Purchase protection on new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per account.
  • Extended warranty protection for an additional year beyond the U.S. manufacturer’s warranty (on eligible warranties of three years or less).
  • Auto rental collision damage waiver to cover theft and collision damage for most cars in the U.S. and abroad.
  • Free and unlimited access to your credit score through Credit Journey.
  • Complimentary three-month membership to DashPass from DoorDash, when you activate by Dec. 31, 2021.

What to look out for. The Chase Slate® card does not offer a sign-up bonus or rewards program. That said, it’s best to focus on paying off your balance transfer in full before earning rewards on the purchases you make using your card.

Read our Chase Slate® Credit Card review.

Best for travel: Chase Sapphire Preferred® Card

If you’re a student who has built up an excellent credit profile and want to earn rewards to use toward future travel, the Chase Sapphire Preferred® Card card is a great option. The card offers the following sign-up bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards® Plus, earn 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide.

In addition to redeeming Chase Ultimate Rewards® points for travel, cash, statement credits and more, Chase Sapphire Preferred® Card cardholders can transfer points to a variety of travel transfer partners at a rate of 1:1.

Read: Chase Sapphire Reserve® Airline Transfer Partners

Additional Chase Sapphire Preferred® Card card benefits:

  • 25% boost in rewards value when you redeem points for travel through Chase Ultimate Rewards®.
  • 25% increase in rewards value when you redeem points for statement credits to cover grocery store, dining and home improvement store purchases through May 31 through Sept. 30, 2020.
  • Baggage delay insurance, up to $100 per day for five days.
  • Trip delay reimbursement, up to $500 per ticket.
  • Purchase protection on new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per account.
  • Extended warranty protection for an additional year beyond the U.S. manufacturer’s warranty (on eligible warranties of three years or less).
  • Auto rental collision damage waiver to cover theft and collision damage for most cars in the U.S. and abroad.
  • Free and unlimited access to your credit score through Credit Journey.
  • Complimentary three-month membership to DashPass from DoorDash, when you activate by Dec. 31, 2021.
  • $0 foreign transaction fees.

What to look out for. The Chase Sapphire Preferred® Card card comes with an annual fee of $95. However, the value you can get from the card’s generous sign-up bonus more than covers that amount during the first year of card membership.

Read our Chase Sapphire Preferred® Card card review.

Which Chase credit card is right for you?

Ultimately, the right Chase credit card for you depends on your credit profile. For example, if you’re just beginning your credit journey, the Chase Freedom® Student credit card would be a good start. But if you’ve already built up a strong credit score through responsible use of other cards, then it may be time to take a look at other Chase cards that offer better benefits and rewards programs.

Read: Best Chase Credit Cards

The information related to the Chase Freedom® Student credit card, Chase Freedom Unlimited®, Chase Slate® and the Chase Sapphire Preferred® Card have been independently collected by CompareCards and have not been reviewed or provided by the issuer of this card prior to publication.


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