Journey® Student Rewards from Capital One® review

Meredith Hoffman  in  Student How we rate our cards  |  Advertiser Disclosure
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Recommended Credit Score

Fair to Good (580 - 740)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

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Best for students

Annual Fee:
$0
Purchase Intro APR:
N/A
Balance Transfer Intro APR:
N/A
Regular APR:
26.99% (Variable)
Terms and Restrictions Apply

Bankrate Rating

Commonly used for: Cash Back, EMV, Fair Credit, Gas, No Annual Fee, No Foreign Transaction Fees, Rewards, Student.

The Journey Student Rewards from Capital One review was last updated on October 22, 2019.

Journey Student Rewards from Capital One: Details and benefits

The Journey Student Rewards from Capital One is a decent credit card that allows students with little-to-no credit history to get a credit card and begin to build their credit file. That being said, there are other student cards that offer better rewards rates and sign-up bonuses. For students with thin credit files, this may be the best option available to you

While the Journey Student Credit Card from Capital One does not offer a sign-up bonus of any kind, it offers 1% cash back on all purchases with the ability to get 1.25% cash back on purchases if your balance for that month is paid on time. There is no annual fee for owning the Journey Student Rewards from Capital One, which is particularly important for students who should be looking to keep their costs down and avoid annual fees, but there is a relatively high variable APR of 26.99% — not uncommon among cards for limited credit history.

Advantages
  • Access to higher credit line following five consecutive months of on-time payments
  • No annual fee
  • No foreign transaction fees
  • Good for first-time credit card users with little to no credit history
  • Monitor your credit profile with the CreditWise® app
  • Use of Eno®, an assistant feature created by Capital One that allows card owners to text Eno for balance, transaction information, and even to make payments.
Disadvantages
  • High variable APR at 26.99%
  • No sign-up bonus
  • Other student cards offer better higher rewards rates, such as the Discover it® Student Cash Back card

Is the Journey Student Credit Card from Capital One worth it for you?

The Journey Student Rewards is like many student credit cards in the industry in that it helps young individuals who may not have previously owned a credit card (or may lack an extensive credit history) to obtain a credit card. You may benefit from owning this card if you’re looking for a credit card to build your credit history or credit score. But make sure you are always making payments on time because the variable APR of 26.99% and up to $39 fee applied to late payments can make this card expensive for card owners who are inconsistent with their payments. The best practice for any credit card is to pay your balance every month, this way you will never incur interest.

The Journey Student Rewards from Capital One doesn’t charge foreign transaction fees, which is a bonus for students who travel overseas. This card has easy-to-use assistant features such as Eno, which allows card-owners the option of texting 24/7 with Capital One to view their balance, recent transactions, and even to pay their credit card bill. Use of Eno combined with unlimited access to the CreditWise app makes the Journey Student Rewards from Capital One a beneficial and user-friendly card for young owners who want to stay on top of their payments and credit score.

Get the most value from the Journey Student Rewards from Capital One

Owners of the Journey Student Rewards from Capital One can maximize their rewards by making payments on-time and in full on their card balance.

Rewards from the Journey Student Rewards from Capital One never expire and there is no cap on the amount of rewards a card owner can earn.

Card owners may also be able to get  a higher line of credit after five months of on time payments, so the best benefits from this card come to card owners who are regular in their payments and don’t carry a balance.

How much are the Journey Student Credit Card from Capital One rewards worth?

The reward rate offered by the Journey Student Rewards from Capital One is comparatively smaller than other student credit cards on the market. The cash back rewards max out at 1.25% on all purchases which is considerably lower than the 5% cash back offered by cards such as the Discover it Student Cash Back. However, it is worth mentioning that the 5% cash back from Discover applies to rotating categories such as gas stations, grocery stores and Amazon.com, not all purchases (activation required). On top of the rotating category rewards offered by Discover, owners of the Discover it Student Cash Back card have their rewards capped at $1,500 in combined purchases per quarter, then 1%. With the Journey Student Credit Card from Capital One there is no rewards cap.

How to redeem rewards

Cash back rewards from the Journey Student Rewards can be redeemed in the form of statement credits or a check.