

That's because you can combine your points into a single account, increasing their value for travel rewards through the Ultimate Rewards portal and enabling your earnings to be transferred to over a dozen travel partners, including United and Hyatt.

The flat 1.5% cash-back rate on the card is straightforward, yet it can also provide even more value when you pair the Freedom Unlimited with a more premium Chase card in the future - such as the Chase Sapphire Preferred Card or Chase Sapphire Reserve. Why we like it: Not only is the Chase Freedom Unlimited a great credit card for students, but it's also a valuable card for anyone looking to earn Ultimate Rewards points. (These rates do not reflect the additional 1.5% back for new cardholders). Rewards rates: 5% cash back on travel purchased through Chase Ultimate Rewards 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service and 1.5% on all other purchases.

Sign-up bonus: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year).

Capital One SavorOne Student Cash Rewards Credit Card : Best for most college students.Chase Freedom Unlimited: Best for students with established credit.In the not-so-distant future, having a line of credit attached to your name will be important when you want to apply for a car loan, a mortgage, or even getting approved for utilities at your first apartment.įrom valuable cash-back credit cards perfect for a student with an existing (but limited) credit history to student credit cards designed specifically for first-timers with no credit at all, here you'll find the perfect mix of no-annual-fee credit cards designed specifically to fit your student needs. Opening up your own line of credit as a young adult can be daunting, but the short- and long-term benefits are undeniable. Building credit as a college student is an essential step to a life of financial responsibility, helping you form a solid relationship with the money (and plastic!) in your wallet.
