Chase Student Credit Cards
by Mack Bartlettcomplete
Chase +1SM Student Visa Card with Flexible Rewards:
One thing I’ve enjoyed about being a Chase card holder is being able to take advantage of promotional introductory rates. This student credit card offered here is no exception. They offer a 0% introductory rate on purchases for a certain period of time after you open the card. After the introductory period ends you’ll get an APR as low as 18.24%. Not great, but I’ve seen worse. Way worse.
The +1SM Student Visa Card also offers a pretty generous rewards program. It’s set up on a points system where you earn a point for every dollar you spend (on what they call “eligible purchases”). Once you accumulate enough points, you can exchange those points for cool stuff — travel, cash, merchandise and even gift certificates you can use as gifts for friends.
They’ll give you a special bonus if you apply and get approved – $20 to be used at Amazon.com. Not bad. Of course, if they charge you a big fee to apply the $20 to Amazon won’t mean much, will it? I couldn’t find whether they do or don’t on the website. I’m afraid the fact that I couldn’t find anything saying there wasn’t a fee means there likely is one. I should probably give them the benefit of the doubt.
To Chase’s credit, they don’t charge an annual fee. Good for them.
The icing on the cake with this offer is you can get this card in a couple different colors: black, silver, or beach landscape. Sounds fancy right?
Chase Platinum Student MasterCard
This card offers some of the same benefits as the +1SM card. For example, they’ll give you a 0% introductory rate on purchases. The MasterCard has one up on the Visa – after the promotional period ends you could get a purchase rate as low as 16.24%.
Downsides? No rewards program at all. That’s a high price to pay for ‘platinum’ status.
They do have a cardmember benefits section:
- Travel Accident Insurance
- Purchase Assurance
- MasterRental® Insurance Coverage
- Master RoadAssist® Roadside Coverage
- Lost/Stolen Card Reporting
- MasterCard Global Service
- Travel Assistance Services
- Emergency Cash and Card Replacement
- Warranty Manager
- Baggage Delay
*Thanks to Chase.com for this list of benefits.
Another downside – no cool designs to choose from with this card. At least there isn’t an annual fee.
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