The Chase student credit card limit has not been made public, but the Chase Freedom and Chase Freedom Unlimited credit cards have limits of $500 or more. It's possible that the Chase Freedom Student card limit starts at the same level, though a Chase spokesperson has noted the card will have a "low credit limit." And cardholders who make 5 on-time payments in the first 10 months will be rewarded with an automatic credit limit increase, which is good news for students, though the terms stipulate that an actual payment must be made (i.e. you can't simply not use the card and qualify for a limit increase).
The Chase Freedom Student card is the only student credit card currently offered by Chase. It comes with no annual fee, a $20 annual credit for keeping the account in good standing, 1% cash back on all purchases, a low regular APR, and a $50 signup bonus. To apply for this card, you'll have to visit a Chase branch in person.
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