The Deserve® EDU Mastercard for Students interest rate is 22.99% Variable, with the actual rate depending on factors such as your income, credit history and existing debt. This Deserve EDU card interest rate is variable, meaning it can change based on certain economic conditions.

The Deserve EDU gives you a 23-day grace period to avoid paying interest on your purchases. The grace period runs from the end of the billing period until the card's payment due date. You won't owe any interest as long as you pay your balance in full during that timeframe. Should you decide to carry a balance on your Deserve EDU card, it will accumulate interest daily at the card's regular APR. Interest is compounded, meaning you will owe interest on both the principal balance and any interest already accumulated.

All Deserve EDU card interest rates will be listed on your statement and on your online account summary.

The Deserve EDU Credit Card credit limit is usually around $1,000 to start, according to forum posts, and some cardholders report limits as high as $5,000. Deserve does not include any specific Deserve EDU credit limit information in the card's terms, though.

For the most part, Deserve EDU credit limits depend on each applicant's overall creditworthiness. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.

That said,...

The Deserve® EDU Mastercard for Students is a good first-time credit card because it is available to people with limited credit and it offers rewards, giving 1% cash back. The card's annual fee is $0. Responsible use also builds credit, as the Deserve EDU Card reports account info to the major credit bureaus monthly.  

To get approved for the card, you will need to have a steady income and meet other basic requirements like being at least 18 years old and...

You have to be a student to apply for the Deserve Edu Student credit card.

The Deserve® EDU Mastercard for Students is not a metal credit card, as it is made of plastic like most other credit cards. There's no functional difference between a plastic card like the Deserve EDU Card and a metal credit card, though, so don't dismiss the Deserve EDU Card just because it isn't metal. If you like the card's terms and benefits, you should still consider applying.

Metal credit cards are usually expensive luxury cards. Some popular examples of metal...

You can cancel your Deserve credit card by calling the number listed on the back of your card, or (800) 418-2362.

But remember, canceling a card could have a negative effect on your credit score for a while. That's why cards like the ones offered by Deserve are best kept open, even if they're unused.

The Deserve EDU Mastercard age requirement is 18 years old. Plus, you need to be a student to get this card, and to have a source of income to pay your monthly bills.

Keep in mind that the Deserve EDU card also accepts international students. So, instead of a SSN, the issuer accepts a passport, proof of a U.S. bank account, and some other basic documentation.

Yes, the Deserve® EDU Mastercard for Students is a cash back credit card, which gives 1% cash back on purchases and has an annual fee of $0. Once you earn cash back on your Deserve EDU, you can redeem it for @Upload Team: see alt in doc.

If you're on the fence about whether or not to apply for the Deserve EDU, check out WalletHub's picks for the best cash back credit cards from various issuers. It's good to consider multiple cash back credit card options...

The Deserve® EDU Mastercard for Students does not have a cash advance fee because it does not allow cardholders to do cash advances. On the other hand, the Deserve EDU card can be used for purchases wherever cards on the Mastercard network are accepted.

The Deserve® EDU Mastercard for Students foreign transaction fee is $0. This means you won't be charged extra anytime you use the Deserve® EDU Mastercard for Students card outside of the United States. This applies whether it's a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant.