Chase Freedom Student
Chase · Student review
Existing Freedom Student cardholders keeping the card for its $0 annual fee, 1% flat rate, and Good Standing Reward
Sorted by score, never commission
Annual fee
$0
No annual fee, every year
Ongoing APR
19.99% variable (existing cardholders only — closed to new applicants since September 2020)
Variable — verify the current range at the issuer
Foreign transaction fee
None
Travel-friendly abroad
As of July 20, 2026
Best for
Existing Freedom Student cardholders keeping the card for its $0 annual fee, 1% flat rate, and Good Standing Reward. Chase closed Freedom Student to new applicants in September 2020, so this review exists for current holders and this-card-vs-that comparisons — nobody can newly apply for it today.
Not for
Anyone trying to open this card new — it isn't obtainable; the Discover it Student Cash Back and Capital One Quicksilver Student are the live student-card alternatives — and, among existing holders, anyone who wants stronger rewards than the flat 1%.
The catch
This card can't be applied for anymore. Chase closed Freedom Student to new applicants in September 2020; existing cardholders keep their terms and can keep using the card, but the application no longer exists. We keep this review live for existing-holder reference, not as an active pick.
Card facts
Sourced from the issuer's published Schumer Box and terms — confirm current numbers at the issuer.
Product specs
- Annual fee
- $0
- Ongoing APR
- 19.99% variable (existing cardholders only — closed to new applicants since September 2020)
- Foreign transaction fee
- None
- Balance transfer fee
- $5 or 5% of the amount of each transfer, whichever is greater
- Schumer Box sourced
- July 20, 2026
How we scored this card
See our published methodology — 5 dimensions, 0–20 each, 100-point total.
Get an email when Chase Freedom Student's offer changes.
We track Chase Freedom Student's current offer and terms. We'll email you the moment they change — no checking back.
Frequently asked
Does the Chase Freedom Student charge an annual fee?
No. The Chase Freedom Student carries a $0 annual fee, sourced from the issuer's published Schumer Box as of July 20, 2026. Rates change — confirm the current terms at the issuer.
What APR does the Chase Freedom Student charge?
19.99% variable (existing cardholders only — closed to new applicants since September 2020). APRs are variable and set by the issuer — confirm the current range on the issuer's Schumer Box before you commit.
Does the Chase Freedom Student charge foreign transaction fees?
No. The Chase Freedom Student has no foreign transaction fee, so it works cleanly for purchases abroad.
Who is the Chase Freedom Student best for?
Existing Freedom Student cardholders keeping the card for its $0 annual fee, 1% flat rate, and Good Standing Reward. Chase closed Freedom Student to new applicants in September 2020, so this review exists for current holders and this-card-vs-that comparisons — nobody can newly apply for it today.
Who should skip the Chase Freedom Student?
Anyone trying to open this card new — it isn't obtainable; the Discover it Student Cash Back and Capital One Quicksilver Student are the live student-card alternatives — and, among existing holders, anyone who wants stronger rewards than the flat 1%.
How did ClearValue score the Chase Freedom Student?
Chase Freedom Student scored 79/100 — "Worth considering". We score every card across five dimensions (effective rewards, fee structure, audience fit, transparency, and the weakness named), 0–20 each. Scores are never influenced by commission. See our methodology for the full rubric.
Alternatives to the Chase Freedom Student
Other student cards we've scored, ranked by our methodology.
- DiscoverSolid pick
Discover it Student Cash Back
88/100Annual fee$0Ongoing APR16.49–25.49%Intro APR0% · 6 moBest forCollege students with limited or no prior credit who want the strongest year-one return on a no-fee card — 5% on rotatin
Fees sourced from issuer terms · 2026-07-18
- Capital OneSolid pick
Capital One Savor Student Cash Rewards
87/100Annual fee$0Ongoing APR18.49–28.49%Foreign txn feeNoneBest forStudents who spend on dining out, entertainment, streaming, and groceries and want consistent category rewards with no a
Fees sourced from issuer terms · 2026-07-21
- Capital OneSolid pick
Capital One Quicksilver Student Cash Rewards
84/100Annual fee$0Ongoing APR18.49–28.49%Foreign txn feeNoneBest forStudents who want the simplest possible cash-back card — a flat 1
Fees sourced from issuer terms · 2026-07-21
