Capital One completes its suite of student credit cards

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Capital One is now offering a full suite of student credit cards replete with enough rewards, perks and benefits to make any student cardholder feel like a real grown-up on their credit building journey. Whether you are 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 the both SavorOne and Quicksilver card brands.

Card details at a glance:

Capital One SavorOne Student Cash Rewards Credit Card

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

Capital One Quicksilver Student Cash Rewards Credit Card

  • Rewards rate: Earn 1.5 percent unlimited 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 (must be earned within the first 18 months)
  • Annual fee: $0
  • Regular APR: 26.99 percent variable

Which Capital One student credit card should I choose?

Finding the best student credit card depends on your financial goals and spending habits. The Capital One SavorOne Student Cash Reward 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.

Both Quicksilver Student Cash Rewards and Capital One SavorOne Student Cash Reward 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.

Quicksilver Student Cash Rewards and Capital One SavorOne Student Cash Reward cardholders also get other card benefits as part of the Mastercard network, including cellphone protection, price protection, extended warranty, complimentary concierge services, MasterRental Coverage, Master RoadAssist Service and Mastercard ID theft protection.

The Journey Student Rewards, on the other hand, offers cash back that can be boosted with on-time payments. If you are into streaming services, the welcome bonus credit could help you save on those expenses as well. Other benefits of the Journey Student card include $0 fraud liability, virtual card numbers from Eno and emergency card replacement.

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.

Are Capital One student cards worth it?

If you are a student that wants to start building your credit profile while earning rewards, any of these cards would work. The issuer, Capital One, has created this suite of cards with students in mind, knowing that your income and credit profile would 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, 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.

Our take

If you want to earn rewards but like the safety of a smaller credit limit to start 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."
Edited by
Senior Editor, Credit Card Product News
Reviewed by
Senior Director of Content