Chase has just made its Freedom® Student credit card accessible for online application, which is quite opportunely considering the current state of affairs with the COVID-19 pandemic.
Let it be recalled that the card is the first Chase credit card designed specifically for students. It was introduced in 2019, but the only way to apply for potential holders was to visit one of the bank’s branches in person. Now the application process will become more convenient and secure.
While offering competitive rates, the card not only allows college students to start building their credit but also lets them earn rewards and receive other useful perks. Here are the benefits that those approved for the Chase Freedom® Student can expect to get:
- $0 annual fee;
- 99% variableAPR;
- 1% cash back on every purchase with no caps;
- 4% cash back on qualifying Lyft rides through March 2022;
- Rewards redeemable for cash, gift cards, travel, and more;
- $50 sign-up bonus after making a purchase within the first 3 months;
- $20 anniversary bonus for up to 5 years;
- Complimentary 3 months of DashPass or 9 months of 50% discounted DashPass from DoorDash;
- Possible credit limit increase after making 5 monthly payments on time within 10 months from account opening;
- Free credit score checking.
All these features make the Freedom Student card rather attractive to students. But before applying it won’t be superfluous to check out other available student credit card offers to compare and choose the best one for you.