The card offers straightforward cash rewards with 1% cash back on all purchases and an additional 25% bonus on the cash earned each month that cardholders pay their bill on time.
The Journey Student Rewards Credit Card comes with a variable APR of 19.8% on purchases and no annual fee.
The card offers a low initial credit limit as cardholders familiarize themselves with how credit works.
Capital One will offer tools such as free customizable text/email alerts to hel students manage their credit by keeping track of their spending and payment due dates.
Capital One EVP for US Card Mike Wassmer said this card provides tools and transparency and it reinforces positive financial decisions so students can be confident about using credit and start out on the right path to a bright financial future.
