Pay off Your Monthly Balance on Time and Earn Cashback Rate Boost

Journey® Student Rewards from Capital One® photo

Journey® Student Rewards from Capital One®

Recommended credit score: Excellent Good Fair Poor Limited No Credit
Apply Now

Start building a good credit history if you already have an average credit score. Earn a cashback rate boost if you timely pay off your monthly balance in full.

A good credit history requires you to be a responsible borrower. Journey® Student Rewards from Capital One® encourages you to make payments on time by rewarding you cashback rate increase.

  • Unsecured card,
  • No annual fee,
  • 1% cashback rate with the possibility to increase up to 1.25%,
  • 0% foreign transaction fees,
  • No APR increase if you pay late,
  • Your credit line increases if you pay on time first five monthly payments,
  • Free access to your credit score and CreditWise monitoring tool,
  • Personal reminders via SMS and email to make sure you pay on time.
  • Relatively high APR for student cards – 20.99%,
  • $35 penalty fee for late payments.

How to use this card

The Journey® Student Rewards from Capital One® is a good option to build your credit history responsibly. Features and benefits of this card helps you elaborate responsible payment behavior which is crucial for your future credit history.

By default, a cardholder gets 1% cashback on all purchases. Cashback rate raises to 1.25% if you timely pay off your monthly balance in full. In addition, you get a free access to CreditWise monitoring tool, which allows you to track your credit score (calculated by TransUnion). Moreover, if you pay your first five monthly payments on time, your credit line might be increased (minimum credit line is $300). You also can request a reminder service via SMS or email alerts, which will notify you each time a payment date is approaching.

The Journey® Student Rewards from Capital One® is a Visa Platinum card, which also grants you respective services such as travel accident insurance, travel assistance, as well as auto rental insurance.

Who qualifies

In order to be approved for this card you must have an average credit score. You can’t qualify for this card if your monthly income does not exceed your rent and mortgage payment for $425, or if you have an unresolved bankruptcy.

How much it costs

A variable 20.99% APR for purchases, balance transfers and cash advances applies. Note that variations in APRs depend on changes to the Prime Rate. Your APRs will be calculated as Prime Rate + 16.74%. Late payment penalty fee is up to $35. Cash advances will be charged $10 or 3% of the amount withdrawn whichever is greater.

Overall

The Journey® Student Rewards from Capital One® is introduced especially for persons with an average credit score. It is a good option if your priority is to build a good credit history together with nice cashback rewards. If you just recently started your path towards achieving high credit score, this card is your choice.
Journey® Student Rewards from Capital One® photo
Journey® Student Rewards from Capital One®
Recommended credit score: Excellent Good Fair Poor Limited No Credit
Apply Now