Capital One’s suite of student credit cards

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Capital One offers a full suite of student credit cards full with enough rewards, perks and benefits to make any student cardholder feel like a real adult on their credit building journey.

Whether you’re a new college student, graduate student or even an international student, these Capital One student credit cards are poised to offer some useful and rewarding card features.

Here’s what you should know about Capital One’s newly launched student credit card options and which one might be the best for your spending habits.

What student credit cards does Capital One offer?

For a long time, the Journey Student Rewards from Capital One was marketed as a starter credit card for students looking to build credit and was the only such product the issuer offered. Now, a student version is available for two of its other student credit cards.

Card details at a glance:

Capital One SavorOne Student Cash Rewards Credit Card

  • Rewards rate: Unlimited 3 percent cash back on dining, entertainment, popular streaming services (like Hulu, Disney+ and Netflix) and at grocery stores (excluding superstores like Walmart and Target); 8 percent cash back on tickets purchased through Vivid Seats through January 2023; 1 percent on all other purchases
  • Welcome offer: N/A
  • Annual fee: $0
  • Regular APR:  26.99 percent variable

Capital One Quicksilver Student Cash Rewards Credit Card

  • Rewards rate: 1.5 percent cash back on all purchases
  • Welcome offer: N/A
  • Annual fee: $0
  • Regular APR:  26.99 percent variable

Journey Student Rewards from Capital One

  • Rewards rate: Unlimited 1 percent cash back on all purchases—boosted to 1.25 percent for the month when the card is paid on time
  • Welcome offer: Up to $60 in 12 monthly streaming service credits when you pay on time (must be earned within the first 18 months)
  • Annual fee: $0
  • Regular APR: 26.99 percent variable

Which Capital One student credit card is best for me?

Each card is tailored to slightly different financial goals and spending habits.

  • The Capital One SavorOne Student Cash Rewards card is ideal for “food and fun” spending and rewards you with cash back categories accordingly.
  • The Capital One Quicksilver Student Cash Rewards card has many of the same features and benefits as the SavorOne student card—only the flat-rate cash back is set at 1.5 percent for all spending.
  • The Journey Student Rewards offers a flat 1 percent cash back that can be boosted to 1.25 percent with on-time payments. And if you’re into streaming services, the welcome bonus credit could help you save on those expenses, as well, should you pay on time.

How they’re similar

Capital One’s newer student cards—the Quicksilver Student Cash Rewards and SavorOne Student Cash Rewards—are the most similar. However, there are a few commonalities between all three cards.

Rewards redemption. Both Quicksilver Student and SavorOne Student cardholders can use their cash back rewards to get statement credits, check out with PayPal, shop at Amazon.com and even get gift cards from merchants like Walmart, Lowe’s, Whole Foods and others.

Card network perks. Quicksilver Student and SavorOne Student cardholders also get other card benefits as part of the Mastercard network, including cellphone protection, price protection, extended warranty, complimentary concierge services, rental coverage, roadside assistance and ID theft protection.

Credit-building features. With any of these cards, you’ll be eligible for a credit limit increase after just six months, provided you’ve used your card responsibly. All Capital One student cardholders are eligible to receive credit monitoring from CreditWise.

Interest and fees. All three of these cards offer the same variable interest rate and the same $0 annual fee.

How they’re different

Each of these cards offers a different rewards structure. Also, the Journey Student Rewards card is a Visa rather than a Mastercard, which comes with a different set of cardholder perks.

Rewards rate. The rewards rates are the main differentiator between these cards. The SavorOne Student has higher rewards rates in specific categories, while the Quicksilver Student and Journey Student offer (different) flat rates on all purchases.

Card network perks. Another notable difference is that while the SavorOne Student and Quicksilver Student are Mastercard cards, the Journey Student is a Visa. This means the benefits are a little different. Notable perks that come with the Journey Student include $0 fraud liability, virtual card numbers from Eno and emergency card replacement.

Are Capital One student cards worth it?

If you’re a student who wants to start building your credit profile while earning rewards, any of these cards could work. Capital One has created this suite of cards with students in mind, knowing that applicants’ income and credit profiles will be limited. The approval odds are adjusted for your demographic, so you are more likely to be approved for one of these cards than a standard rewards or cash back credit card.

Plus, these cards have student-oriented features like no annual fees, no foreign transaction fees (should you study abroad), credit monitoring and better terms for responsible credit use—all of which can help you save money on a student budget. On the flip side, you might have a lower credit limit to start with and a higher interest rate.

Bankrate Insight
If your credit history is limited, be sure to apply for the student version of the SavorOne or Quicksilver. Capital One also offers upgraded versions of these cards for the general public, but they require higher credit scores.

Bankrate’s take

If you want to earn rewards but prefer the safety of a smaller credit limit and no annual fee, these cards could be a good choice for you. The ongoing APR is a little high when compared to other student credit cards, but if used responsibly, students could avoid high-interest fees by paying down their balance in full each month. In all, either of these cards could be a start for students looking to build credit while earning rewards.

Written by
Aja McClanahan
Personal Finance Writer
Aja McClanahan is an author, blogger and speaker on personal finance and entrepreneurship. Aja is the author of "How a Mother Should Talk About Money with Her Daughter."
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