dcsimg
Advertiser Disclosure
 
     
Please enter the text to be searched
As the COVID-19 pandemic continues to affect your life and finances, CardRatings will remain committed to providing timely information related to credit cards and personal finance topics via our coronavirus financial services resource page. Email editor@cardratings.com with specific questions.

Journey® Student Rewards from Capital One® Review

The Journey® Student Rewards from Capital One® credit card is a tool for young Americans to build good financial habits with responsible use. This credit card for students with limited, fair or average credit uses Capital One's features and benefits as incentives to reward responsible saving and spending.
 CardRatings Contributor  | Updated

Our credit card articles, reviews and ratings maintain strict editorial integrity; however we may be compensated when you click on or are approved for offers (terms apply) from our partners. How we make money.

Journey® Student Rewards from Capital One®

Journey® Student Rewards from Capital One®
Our Rating:   
Average, Fair, Limited
on Capital One's secure website

CardRatings Editor's Analysis: Pros & Cons

  • Earn a 25% bonus on the cash back you earn each month you pay on time
  • Earn cash back with no annual fee or foreign transaction fees
  • Potential to access a higher credit line in as little as six months.
  • Students who plan to carry a balance may want to consider a card with a lower APR. You can avoid this by paying your balance in full each month.

JOURNEY® STUDENT REWARDS FROM CAPITAL ONE® BENEFITS

Parents, legislators and consumer advocates have debated the merits of student credit cards, especially after allegations of questionable marketing practices on college campuses. That's why it's great to see how Capital One has promoted its Journey® Student Rewards from Capital One® credit card as a tool for young Americans to build good financial habits with responsible use. This credit card for students with limited, fair or average credit uses Capital One's features and benefits as incentives to reward responsible saving and spending.

According to research conducted by Auriemma Consulting Group, consumers born after the 1980s tend to rely more on checking account debit cards and on prepaid debit cards instead of on credit cards for daily purchases. They tend to manage money well, but may be missing out on some of the biggest benefits of using credit cards. Journey® Student Rewards from Capital One® offers MasterCard benefits that include:

  • $0 fraud liability if your card is ever lost or stolen. Stolen or lost debit cards can put your cash at risk, at least for a little while.
  • Travel assistance services. Studying abroad and setting out on spring break become safer and simpler with help from a 24-hour response team that can dispatch replacement credit cards and cash advances.
  • Travel and emergency assistance which is available virtually anytime, anywhere to help connect you with local emergency and assistance resources when you are away from home.
  • Auto Rental Insurance. Occasional drivers will appreciate access to coverage for damage due to collision, or theft when you reserve your rental car with Journey® Student Rewards from Capital One®.

Like other Capital One credit cards, Journey Student Rewards doesn't charge fees for foreign transactions for international purchases making it an ideal travel companion for quick overseas trips or extended stays abroad.

Top Features

 Cash Back on Gas
1%
 Cash Back on Groceries
1%
 Cash Back on Other
1%

HOW TO EARN WITH JOURNEY® STUDENT REWARDS FROM CAPITAL ONE®

Even with a strong slate of premium features, Journey Student Rewards really shines by connecting cash back rebates to responsible credit card use. In addition to the 1% cash back common among many of today's best cash-back rewards cards, Journey Student Rewards will boost your cash back to a total of 1.25% each month for cardholders who pay their bills on time.

JOURNEY® STUDENT REWARDS FROM CAPITAL ONE® CREDIT CARD LIMIT

Your credit limit is determined by your creditworthiness and other factors. The good news is that this card offers automatic credit line reviews so you might qualify for an increase in as little as six months. So, if you get your credit card and it happens to have a lower limit than you expect, use your card responsibly and you could be eligible for a credit limit increase in no time.

HOW DOES THE JOURNEY® STUDENT REWARDS FROM CAPITAL ONE® COMPARE TO OTHER CARDS

Journey® Student Rewards from Capital One® vs. Citi Rewards+℠ Student Card

The Citi Rewards+ Card (Citi is a CardRatings advertiser.) is also a great card for students who are just starting out with credit. This card, however, offers slightly more. First, new cardholders earn 2,500 ThankYou® Points after you spend $500 within the first three months of opening an account. It also offers a 0% intro APR for seven months on purchases. (Then, 13.49% - 23.49% (Variable).)

You also earn two points per $1 spent at supermarkets and gas stations up to $6,000 per year, and one point per $1 spent on all other purchases. For students, these might be the categories you end up spending the most on.

You do, however, need a "good" credit score to qualify, which might be a little difficult when you're first starting out. If this is the case, you might want to start out with one of the other cards that only requires a "fair" credit rating until you build your credit.

Journey® Student Rewards from Capital One® vs. Discover it® Student Cash Back

(This card is not currently available on CardRatings)

If you're a student with fair to limited credit, you might consider the Discover it® Student Cash Back for building your credit. This card also awards one of the highest rewards rates for student cards. You'll earn 5% cash back each quarter in rotating categories such as gas, restaurants and online shopping, and 1% cash back on all other purchases.

Plus, Discover will match the cash back you earn at the end of your first year. If you get good grades, you can also get a $20 statement credit each school year your GPA is 3.0 or higher up to five years. With the opportunities to earn cash back on your spending and the bonus for good grades, you could end up racking up a good amount. This could be considerably more than you might earn with the Journey card.

Journey® Student Rewards from Capital One® vs. Capital One® Platinum

The Capital One® Platinum Credit Card is another card designed for those who are just starting out and don't have much credit. If you have fair or limited credit, you may qualify for this card, and through responsible card management, you'll be on your way to earning better credit. However, this card has no rewards program or special bonuses, so you won't earn anything extra using your card.

If you want to earn a little more with your purchases, you might be better off with the Journey card where you can earn as much as 1.25% cash back, when you make your payments on time.

IS THE JOURNEY® STUDENT REWARDS FROM CAPITAL ONE® CREDIT CARD A GOOD CARD FOR STUDENTS?

So, should you try out the Journey® Student Rewards from Capital One®? You won't really be able to switch to Journey Student Rewards unless you're a student. This card is designed for students who are just starting out and might not have much of a credit score. For that reason, you can expect a fairly high APR, so it's important to make sure you pay off the balance each month.

Otherwise, if you're looking for a card to build your credit with, the Journey® Student Rewards from Capital One®® is one of the best cash-back credit cards for students you'll find.

Journey® Student Rewards from Capital One® Compared to Other Cash back Cards

Apply online for Deserve Edu
Deserve Edu
Cash Back on Gas
1% 
Cash Back on Gas
1% 
Cash Back on Groceries
1% 
Cash Back on Groceries
1% 
Cash Back on other
1% 
Cash Back on other
1% 

Consumer Reviews

Add Your Review

WRITE A REVIEW

E-Mail will not be published

  

Average Consumer Ratings

Overall Ratings:
Reward Program:
Card Benefit:
Customer Service:
1 Review
  1. Jairen
     10/4/2015

    Do not apply for this card if you are a student with no credit history at all trying to build credit. They will deny you. I am a full time student with associates degree working on bachelors, just turned 18 so legal adult, and I work two part time jobs under the table which I file taxes on. I was denied for not having any credit history at all starting out even though their web site says card is good for students new to credit and just wanting to build good credit. Now I have a hard inquiry from them as the first thing on my credit history automatically lowering the score right off. Very deceiving on Capital Ones part to advertise the card as "good for students wanting to build credit." Should be worded as for students with an established credit history trying to improve it. I would give zero stars on all if I could.


 
  How is your credit?
Oops! Your credit does not qualify you for this card. Applying and being rejected for this card could possibly hurt your credit
We are redirecting you to offers you are qualified for based on your credit.
720-850
Excellent
660-719
Good
600-659
Fair
350-599
Poor