Is the Chase Freedom student card good?

Is the Chase Freedom student credit card good?

The Chase Freedom Student credit card is a good choice for students that might benefit from having a long term relationship with Chase. It has no annual fee and an easy to earn welcome bonus. It earns an unlimited 1% cash back on all purchases, and you’ll receive a $20 bonus each year on your account anniversary.

Is it hard to get Chase student credit card?

Plus, if your account is in good standing, you may also qualify for an extra $20 after each account anniversary for the first five years. And while student credit cards aren’t known for handing out sign-up bonuses, this one does. It’s not the richest around, but it’s quite easy to get.

What is the best Chase credit card for a college student?

U.S. News’ Best Student Credit Cards

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Credit Card Rewards Rate APR
Chase Freedom® Student credit card 1% on all purchases 14.99% Variable

How do I qualify for Chase Freedom student?

Your Chase Freedom Student account must be open and not in default to maintain subscription benefits. You will be eligible for an automatic credit limit increase after you make 5 monthly payments on time within 10 months from account opening. Only one payment per billing cycle qualifies.

What is the minimum credit limit for Chase Freedom?

For example, with the Chase Freedom Unlimited® approved cardholders will either receive the basic level Visa Platinum card (with a minimum credit limit of $500) or the upgraded Visa Signature card (with a minimum credit limit of $5,000), according to Chase Freedom Unlimited’s pricing and terms.

What is the highest credit limit for Chase Freedom?

The Chase Freedom Unlimited credit limit is $500 or more for everyone who’s approved. The most creditworthy applicants can get starting credit limits of $5,000 or higher.

Is Chase Freedom hard to get?

Key things to know about the Chase Freedom Flex℠ credit score requirements: A good credit score of 700+ gives good approval odds. Around 43% of people have credit scores of 700+ and if you’re not one of them, taking a few months to improve your credit could be the difference between being approved and rejected.

Is Chase free for students?

Our flexible Chase savings account with no monthly service fee for students can help you save for your goals during and after college. Take advantage of a credit card created for students that helps build credit and earns cash back on purchases.

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What is the fastest way to build credit?

8 Ways to Build Credit Fast

  1. Pay bills on time.
  2. Make frequent payments.
  3. Ask for higher credit limits.
  4. Dispute credit report errors.
  5. Become an authorized user.
  6. Use a secured credit card.
  7. Keep credit cards open.
  8. Mix it up.

Which Chase Card is the easiest to get?

As one of Chase’s no-annual-fee cash back credit cards, the Chase Freedom Unlimited is easier to get approved for than the Chase Sapphire Preferred Card or Chase Sapphire Reserve. And you’re getting a fantastic rewards card out of the deal.

What credit score do you need for Chase Freedom?

Reports Indicate Minimum Credit Score of 620 for Approval

When it comes to the Chase Freedom Unlimited®, Chase only says that the card is intended for consumers with good to excellent credit — which is only mildly helpful.

Which credit card is better chase or discover?

Discover it Cash Back is best for double rewards the first year and no foreign transaction fee. … However, Chase Freedom has a foreign transaction fee of 3% of each transaction in U.S. dollars and doesn’t offer an intro on balance transfers, while all Discover cards have no foreign fee.

Do I qualify for Chase Card?

Most Chase credit cards are intended for consumers with good to excellent credit scores. That means you should have a FICO® Score of 670 or higher when you apply. A score above 700 is even better and gives you a strong chance at approval.

How long does it take to get approved for Chase student card?

It takes 7-20 business days to get a credit card from Chase, from the time you apply to when you get your Chase card in the mail. It can take up to 10 business days to receive an application decision, though it’s possible you’ll be approved instantly if you apply online.

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