Is the Chase Freedom Unlimited® a good card for students?

The Chase Freedom Unlimited is a great credit card for students who are looking to build their credit and earn cash back rewards. It has no annual fee and offers a generous rewards program that can be easily maximized by students.

Chase Freedom Unlimited®

Here are some of the benefits of the Chase Freedom Unlimited for students:

Chase Freedom Unlimited®

Quick details at a glance:

Card Rewards Offer – 1.5% – 5% cash back

Annual Fee – $0

Intro Rewards Bonus – Up to $300 cash back

Here are more detailed features of the Chase Freedom Unlimited®

• INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back!
• Enjoy 6.5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
• After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase Travel℠, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
• No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
• No annual fee – You won’t have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
• Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, alerts, and more.
• Member FDIC

Chase Freedom Unlimited®

Here are some of the drawbacks of the Chase Freedom Unlimited for students:

• Requires a good or excellent credit score: This can be a challenge for students who have limited credit history.

Overall, the Chase Freedom Unlimited is a great option for students who are looking for a rewards credit card with no annual fee and a generous rewards program. However, it is important to note that this card requires a good or excellent credit score, which may be a challenge for some students. If you are not sure if you qualify for the Chase Freedom Unlimited, you can check your credit score for free at Chase.com.

Here are some other student credit cards to consider:

• Chase Freedom Student: This card has a lower credit score requirement than the Chase Freedom Unlimited and offers a similar rewards program.
• Capital One Journey Student: This card is a good option for students with no credit history or a limited credit history.
• Discover it Student Cash Back: This card offers a cash back bonus on your first year of purchases.

Is the Chase Freedom Unlimited hard to get for Students?

Students…get your Chase Freedom Unlimited Card at Chase Freedom Unlimited®

Here are some factors that Chase considers when evaluating credit card applications:

• Credit history length: Chase typically prefers applicants with a longer credit history, as this demonstrates that you have a track record of responsible credit usage.
• Debt-to-income ratio: This is the percentage of your monthly income that goes towards debt payments. Chase wants to see that you have the ability to manage your debt and make your credit card payments on time.
• Number of recent credit inquiries: Chase may be hesitant to approve your application if you have recently opened multiple credit cards, as this suggests that you are taking on too much debt.

If you are a student with limited credit history, there are a few things you can do to improve your chances of getting approved for the Chase Freedom Unlimited:

• Become an authorized user on a parent or guardian’s credit card: This will add your name to their credit card account and allow you to benefit from their long credit history.
• Apply for a student credit card: Student credit cards typically have lower credit score requirements than standard credit cards.
• Build your credit history responsibly: Make sure to pay your bills on time and keep your credit utilization ratio low.

If you are not sure if you qualify for the Chase Freedom Unlimited, you can use Chase’s pre-qualification tool to get an idea of your chances of approval. This tool will not affect your credit score, and it will give you a personalized pre-qualification decision based on the information you provide.

Do you need to be a student to apply for the Chase Freedom Unlimited card?

No, you do not need to be a student to apply for the Chase Freedom Unlimited card. This card is open to all applicants with a good to excellent credit score.

Students, ready to apply for the Chase Freedom Unlimited Card at Chase Freedom Unlimited®

Here are the eligibility requirements for the Chase Freedom Unlimited card:

• You must be at least 18 years old.
• You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).
• You must have a good to excellent credit score.
• You must have a verifiable source of income.
• You must be a resident of the United States.

If you meet all of these requirements, you can learn more about the Chase Freedom Unlimited card online, by phone, or in person at a Chase branch.

If you are looking for a rewards credit card with no annual fee and a generous rewards program, the Chase Freedom Unlimited card is a great option. However, it is important to note that this card requires a good to excellent credit score, which may be a challenge for some applicants.

Is the Chase Freedom Unlimited a good beginner card for students?

The Chase Freedom Unlimited is a decent beginner card for students, especially those with a good credit history or who have been authorized users on a parent’s credit card account. It offers a solid rewards program and doesn’t charge an annual fee, making it a budget-friendly option.

Here are some of the cons of the Chase Freedom Unlimited for students:

Cons:

• Rewards are not as generous as some other student credit cards

Overall, the Chase Freedom Unlimited is a good option for students who are looking for a rewards credit card with no annual fee and a generous rewards program.

Here are some other student credit cards to consider:

• Capital One Journey Student: This card is a good option for students with no credit history or a limited credit history.
• Discover it Student Cash Back: This card offers a cash back bonus on your first year of purchases.