Chase Student Flexible Rewards Card

0% Introductory APR on All Purchases and Balance Transfers for Up To 6 Months 1 Point Per Eligible Dollar Spent in Net Purchases No Annual Fee

Chase Student Flexible Rewards Card Review

The Chase Student Flexible Rewards Card, issued by Chase, is designed for students who plan to take advantage of the reward program.

Through the reward program, cardholders earn one point for every dollar spent on the card. Earned points can be redeemed for free merchandise or gift certificates at popular merchants. There is a maximum of 60,000 points that can be earned per year.

The card has an above average interest rate for purchases and balance transfers (for a student card), no annual fee, and a 0% introductory rate for purchases and balance transfers through the first six months of membership.

However, finance charges applied use the "Two Cycles Average Daily Balance" method, which is a more costly method in applying finance charges for those who occasionally carry a balance as compared to the "Average Daily Balance" method used by most card issuers.

In addition to the reward program, the card offers cardholder benefits provided by Chase that include up to $500,000 in travel accident insurance, auto rental insurance, and various travel and emergency assistance services.

Therefore, students who can afford to pay in full each month after the introductory rate expires (to avoid finance charges) and plan to take advantage of the rewards program will benefit the most from what the Chase Student Flexible Rewards Card has to offer.