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Deserve® EDU Mastercard for Students – Cash back rewards with no maintenance fees. Ever!
If you’re a student, you know that money can be tight. That’s why there’s the Deserve® EDU Mastercard for students! It’s a great way to help manage your expenses and build your credit history. Plus, it’s easy to apply for and there are no annual fees.
Check below to see some of the benefits this card will add to your daily life:
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Stepping into the world of credit can be an exhilarating journey, especially with the Deserve® EDU Mastercard for Students in your wallet.
Tailored for those taking their first financial strides, this card isn’t just a financial instrument—it’s your tutor in the realm of credit, designed to educate, reward, and grow with you throughout your academic life and beyond.
Strengths and Special Offerings
- No Credit History Needed: Leap into credit without the stress, as this card doesn’t require previous credit history, making it ideal for students starting their credit journey.
- No Security Deposit Required: Break free from financial constraints as there’s no security deposit needed, a significant shift from secured credit cards that demand upfront cash collateral.
- Rewards on Spending: Experience the joy of earning as you spend, with 1% cash back on all purchases, enhancing your spending experience.
- Amazon Prime Student Membership Reimbursement: Stay ahead with your studies and entertainment, as the card offers reimbursement for Amazon Prime Student subscription, connecting you to a world of resources.
- No Annual Fee: Keep your costs low with no annual fee, ensuring you don’t need to budget for an extra expense each year.
- Cell Phone Protection: Talk and text with peace of mind, knowing your phone is protected against theft or damage when you pay your bill with the Deserve® EDU Mastercard.
Limitations to Consider
- Modest Credit Limits: Initial credit lines may be lower compared to other cards, potentially making it challenging to handle larger expenses that students often face.
- High APR: The card’s significant APR can lead to hefty interest charges if balances are carried month-to-month, demanding financial discipline and prompt payments to avoid debt accumulation.
- Limited Rewards: With a basic reward structure, you might find the cashback lacking compared to other student cards that offer various points or cashback categories.
In conclusion, the Deserve® EDU Mastercard for Students emerges as a classroom for financial responsibility, teaching through practical experience.
While the card maintains simplicity in its structure, with certain limitations, it stands out as a starting point in the credit world for students.
It’s an initial step that promises not just immediate spending benefits but a foundation upon which to build a robust financial future.
As a cardholder of the Deserve® EDU Mastercard for Students, you’ll be able t get a maximum credit limit of $5,000. Therefore, they will analyze your finances and score to see which will be your credit limit for this card.
Even though the Deserve® EDU Mastercard for Students is designed for students, it is only for college students. Therefore, you’ll need to be at least 18 years old or more and be studying at a college to get this card!
You don’t need to pay any annual fees to use the Deserve® EDU Mastercard for Students. However, you may need to pay some other common credit card fees to use this card.
Are you not so sure about getting the Deserve® EDU Mastercard for Students? If that’s the case, you can try applying for the Discover it Student Chrome card!
With this credit card, you’ll be able to get incredible cashback and a welcome bonus for no annual fee, and there is a 0% intro APR! So, read on our post below to understand more about this card and how to apply for it!
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