The
Journey Student Rewards from Capital One is a credit card for college students with limited or no credit that offers unlimited
1% cash back on all purchases, plus a 0.25% bonus (for a total of 1.25% back) each month you pay the bill by the due date.
Journey Student Rewards from Capital One also has a
$0 annual fee. The card’s
$0 foreign transaction fee makes it a good study-abroad companion, too, as does the fact that it’s on the
Visa card network, which is accepted worldwide.
If you’d like to learn more about the
Capital One Journey Card before submitting an application, you can find a quick rundown of the key points to consider below.
Capital One Journey Review Highlights
Solid, straightforward rewards
You will earn at least
1% cash back – basically the
market average for a rewards card – on every purchase that you make with the
Capital One Journey Card. Plus, you get a little bonus each month that you pay your bill on time, bringing your earn rate to 1.25%. Not bad for a card that requires no previous credit experience. On top of all that, cardholders can also earn
5% back when they book on hotels and rental cars through Capital One Travel.
Not built for carrying a balance
You won’t get a 0% intro rate from the Journey Student Credit Card. You won’t even get a decent regular APR, considering Journey’s is well above the
average for a student credit card. So it’s doubly important that you pay your monthly bills on time and in full.
Build credit for free
Credit building is without a doubt the most important reason to use any student credit card, and you can do it for free with Journey Student Rewards from Capital One. There is no annual fee, so all you have to do is pay your bill in full each month in order to avoid interest. You
don’t even need to make purchases to build credit, if you’d rather avoid the temptation. But however you decide to proceed, make sure to sign up for 24/7 credit monitoring and to check your credit score on a regular basis – both of which you can
do for free on WalletHub. This will help you spot errors and signs of fraud on your credit report as well as determine when it’s time for a credit-card upgrade.
Higher credit lines for responsible customers
Journey cardholders will be eligible for a credit-line increase after as little as 6 months. Being granted one would be helpful not only because it would give you more spending power, but also because having more available credit is good for your credit score. You just need to make sure you don’t overspend as a result.
No foreign-transaction fee
The
Capital One Journey Credit Card does not assess a fee for purchases processed outside of the U.S. So if you plan to study abroad or just do some backpacking with friends, you won’t have to waste any of your precious funds on fees.
There are several really good student credit cards available right now, and Capital Journey is one of them. Below, we’ll summarize the main reasons why that’s the case, so you have a clear idea of what to focus on when comparing offers.
6 Key Features of the Capital One Journey Card
Category | Journey Offer |
Annual Fee | $0 |
Base Rewards Rate | 1% cash back |
Max Rewards Rate | 5% cash back |
APR | 29.99% (V) |
Foreign Fee | $0 |
Credit Bureau Reporting | Big 3, monthly |
Whichever offer you decide to apply for, make sure to sign up for 24/7 credit monitoring and to check your credit score on a regular basis – both of which you can
do for free on WalletHub. This will help you spot errors and signs of fraud on your credit report as well as determine when it’s time for a credit-card upgrade.
Learn More About Journey Student Rewards from Capital One
Capital One Journey interest rate
The
Capital One Journey APR is
29.99% (V). The card does not offer introductory APRs on purchases or balance transfers.
Capital One Journey grace period
The grace period for
Capital One Journey is at least 25 days after your statement closes. This means that you have 25 days to pay your bill in full without accruing any interest. After that point, you will owe daily interest at the regular APR. If you carry a balance between months, you will lose your grace period and will have to pay in full for two consecutive billing periods to restore it.
Capital One Journey age limit
You must be at least 18 years old to get your own
Capital One Journey credit card. However, it’s possible to add a person of any age to the card as an authorized user.
Note: This review is not provided, commissioned or endorsed by any issuer. Opinions and ratings are our own.