If you are looking for your first student credit card, then you should consider the low fees and high rewards of the Journey℠ Student Rewards from Capital One®.
The Journey℠ Student Rewards from Capital One® does not have any introductory offer, which means there is no introductory APR*. The normal APR for purchases is 19.8% Variable*. The APR for cash advances is 24.9% Variable and for Balance Transfers is 19.8% Variable*. The penalty APR for the Journey℠ Student Rewards from Capital One® is 29.4% Variable*. The single APR rate for purchases, balance transfers and cash advances offered by the Journey℠ Student Rewards from Capital One®, instead of a range APR, is unique among student credit cards we reviewed. The APR will differ depending on the Prime Rate market and on your overall creditworthiness.
The Journey℠ Student Rewards from Capital One® does not have an annual fee. There is no balance-transfer fee or international-purchase fee with the Journey℠ Student Rewards from Capital One®. This is among the better fee structures of the college student credit cards we reviewed. There is a late payment and returned payment fee of up to $35 per occurrence. There is also a cash advance fee of $10 or 3%, whichever of the two amounts are greater. The grace period for the Journey℠ Student Rewards from Capital One® is 25 days, which is uniform with most other of the best student credit cards.
The Journey℠ Student Rewards from Capital One® is a cash back rewards credit card. You receive 1% cash back on all purchases. There is also a 25% reward bonus for on time payment, which means you will get a 25% bonus on the 1% cash back earn in each billing cycle. There are no caps or expiration on the rewards. Additionally, while the Journey℠ Student Rewards from Capital One® is not a point reward card, it does give you the option of redeeming the cash back in the form of gift cards, similar to a point-based rewards credit card.
The services offered by a credit card for students are just as important as the rewards. As a Journey℠ Student Rewards from Capital One® holder, you receive auto rental insurance when you use the Journey℠ Student Rewards from Capital One® to rent your vehicle. You also receive extended warranties on select purchases made with your student credit card, which extend the original manufacturer's warranty. You also receive $0 liability, which means that if your card is stolen and fraudulent purchases are made with it, you aren't responsible for repayment.
Capital One offers a full range of support options, whether you have questions while you are applying for the college student credit card or have a question about billing. Capital One offers 24/7 email, chat and phone support. There is a FAQs section on their website along with additional resources specifically designed for students and those using a credit card for the first time. Capital One also offers emergency credit card replacement.
The Journey℠ Student Rewards from Capital One® is a smart choice for a college student credit card. There is no introductory offer; however, the low fees and solid cash back rewards make up for that. If you are looking to build up your credit, consider the Journey℠ Student Rewards from Capital One® as a serviceable option.
Disclaimer: See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "GO" button, you can review the credit card terms and conditions on the issuer's website. The Annual Percentage Rate or APR is reflective of the date this review was last updated.