Does Chase have a student credit card?

The easiest credit cards for students to get are student credit cards for applicants with limited or no credit history and secured credit cards, which are available to people with no credit or even bad credit. Since college students tend to have higher incomes in the long term, issuers are willing to extend them better offers than most people without established credit could get. Think of it as an investment in a student’s future financial needs, which could prove quite profitable for a bank that gets in on the ground floor.… read full answer

The best student credit cards, including Journey Student Rewards from Capital One and the Bank of America Travel Rewards for Students, will be easy to get as long as you’re enrolled in school and have at least a small income as well as a credit score that’s anything but bad. In fact, you can get them even if you don’t have a credit score yet (you’ve never had a loan or line of credit before). And if you do have bad credit, a secured card will still be pretty easy to get.

Easiest Student Credit Cards to Get

In general, student credit cards allow young people to begin building credit before entering the real world. If you use your card responsibly and pay your bills on time, you should be able to get a better deal once you graduate. And that’s true whether you’re starting with a student credit card or a secured card.

Yes, it is a good idea for college students to have a credit card because it is the best way to begin building credit history. Simply owning a credit card account and keeping it in good standing can allow a student to go from having no credit at the start of college to fair credit or even good credit by graduation.… read full answer

In other words, responsible credit card use will give students a leg up when they enter the real world. Without a strong credit profile, students may have a difficult time renting an apartment, getting a car loan, finding cheap car insurance, and even landing a job.

At the very least, college students should have a credit card as an authorized user on a parent’s account. You can build credit as an authorized user while the primary cardholder is responsible for making payments. The primary cardholder can also monitor the account. If there’s any sign of reckless card use, they can remove the authorized user at any time.

Why Some People Think Students Should Not Have Credit Cards

Missing payments and racking up debt are the biggest reasons people say not to get a credit card as a college student. But there are easy ways to minimize the risk while still reaping all the benefits. For example, you’ll be less likely to miss any due dates if you set up automatic payments from a bank account. You could also pay any annual fee the card may have and then lock the card away somewhere safe – to resist the temptation to overspend. You’ll still build credit that way.

Furthermore, it’s just a myth that college students can’t get credit cards. To qualify, you have to be at least 18 years old and demonstrate the ability to afford monthly bill payments. More specifically, anyone between the ages of 18 and 21 must prove their ability to independently pay back debt before they can own a credit card, per the Credit CARD Act of 2009. Or, an applicant may have a co-signer who is at least 21 years old. The cosigner would be financially liable for the account. Most credit card companies don’t allow co-signers anymore, though.

Final Thoughts

If you wait until after college to get a credit card, you could be costing yourself when it comes it annual fees and rewards. Credit cards for college students tend to be a lot more attractive than other credit cards for people with limited or no credit.

Best Credit Cards for College Students to Have

No, you cannot get approved for the Chase Freedom card with no credit history. In fact, you won't be able to get approved for this card at all, as the Chase Freedom card is no longer available to new applicants.

Chase's newer offering, the Chase Freedom Flex℠ card, has similar rewards. But you'll also need good credit or better (a credit score of 700+) for approval. Other factors such as your income, debt, and overall ability to make credit card payments will also be taken into consideration.… read full answer

What you should know about the Chase credit cards score requirements:

Most Chase cards require good credit or better for approval. Chase does not offer credit cards specifically designed for people with no credit history. The only exception is the Chase Freedom® Student credit card card, which is open to students with limited credit (less than 3 years of credit history).

So, if you are not a student, your best shot to get a Chase credit card with no history is to take the long-term approach.

How to work your way up to a Chase credit card:

• Apply for a credit card that suits your goals. You should consider getting a starter credit card and use it responsibly. That way, you can build a strong enough credit history and you’ll eventually qualify for a Chase credit card.
• Become an authorized user: By becoming an authorized user on someone else’s account, you will be able to build your credit. But only if the account is used responsibly. This feature enables you to get your own card and access the primary cardholder's credit line.
• Do your research: It isn’t enough to get a credit card in order to build credit. Make sure you learn how to use the card in order to build credit faster. There are tools you can use online that can help you stay on the right track and monitor your progress. Feel free to also check out Wallethub's guide on how to build credit.

Once you’re starting to build credit, make sure to check your credit score regularly. Then, apply for the Chase credit card you want once your credit score falls within the required range. You should also make sure your score is supported by a verifiable income and low debt.