Journey Student Rewards from Capital One Review

The Journey Student Rewards from Capital One is a great card for students who don’t have enough credit history to qualify for more lucrative rewards credit cards, but who don’t want to settle for a card without perks.

The Journey Student Rewards from Capital One is structured to teach and reward good credit practices by rewarding on-time payments with a higher rewards rate. By learning to responsibly use this card, students can earn up to 1% cash back on all purchases. Pay on time to boost your cash back to a total of 1.25% for that month.

CardOngoing Purchase APRAnnual FeeIntro BonusCredit NeededKey features
Journey Student Rewards from Capital One26.99%NoneNoneFair to GoodUnlimited 1% cash back on every purchase
In this article

    What we like about the Journey Student Rewards from Capital One

    The Journey Student Rewards from Capital One provides cash back rewards to students who would normally not qualify for rewards credit cards. This card offers 1% cash back on all purchases and an additional .25% for each month you make your payment on time, rewarding students who use the card responsibly. After you make your first five payments on time, you’ll have access to a higher credit line with Capital One’s Credit Steps program.

    If you’re a student who is looking for their first credit card, don’t overlook this one. The card’s cash-back rewards and $0 annual fee makes it a great option for people who have little or no credit history. To top it off, the Journey Student Rewards from Capital One also has $0 foreign transaction fees, making it a fantastic card to take with you on your semester abroad or on your spring break vacation to Mexico.

    Things to consider

    If you’re looking for a credit card with heavy-hitting rewards, the Journey Student Rewards from Capital One isn’t it. With no new cardmember bonus and a lackluster rewards rate compared to other cash-back rewards cards, you’ll have to use your card a lot to earn enough rewards to pay for travel or large purchases.

    Also, if you use this card too much without paying off your balance in full every month, you’ll have to contend with its high interest rate. The Journey Student Rewards from Capital One credit card’s 26.99% purchase APR can cause some major issues if you don’t already have good credit card habits.

    The Journey Student Rewards from Capital One is designed to help people build their credit history while also developing credit card responsibility. If you already have great credit card habits, you can find better rewards and better rates elsewhere.

    Journey Student Rewards from Capital One cash-back rewards details

    The Journey Student Rewards from Capital One rewards you with 1% cash back on every purchase with no limit. You’ll also earn even more just for paying your bill on time every month. For each on-time payment, your rewards rate will go up by .25% for that month, rewarding you for using your card responsibly.

    The only thing limiting your potential cash-back rewards each month is your credit limit. Student cards generally come with low credit limits as you build your credit history and responsibility. The Journey Student Rewards from Capital One rewards your responsibility with access to a higher credit line after you make your first five monthly payments on time.

    Journey Student Rewards from Capital One fees

    While this student card carries a high purchase APR, the fees are quite reasonable. There’s no annual fee, transfer fee, or foreign transaction fee. If a student wants to get a cash advance, the fee will be either $10 or 3% of the advance amount, whichever is greater. Finally, if a student is late on their payments, the fee is up to $40.

    How does it compare to other student rewards cards?

    The competition for the best student rewards credit cards is strong. To see whether the Journey Student Rewards from Capital One fits into your wallet, let’s see how it stacks up next to a couple of other popular student rewards cards.

    With the Discover it® Student Cash Back card you can earn 5% cash back at different places each quarter like grocery stores, restaurants, gas stations, select rideshares and online shopping, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases automatically. You’ll even get a $20 statement credit each school year your GPA is 3.0 or higher for up to the next five years.

    The Journey Student Rewards from Capital One offers a better base rewards rate each month you make your payment on time.

    While the Journey Student Rewards from Capital One is better for those with average credit or limited credit history. The base rewards for the Citi card are comparable with the opportunity to earn double points at gas stations and grocery stores. However, the Journey Student Rewards from Capital One wins for studying abroad with no foreign transaction fees.

    Please Note: Information about the Discover it® Student Cash Back and Journey Student Rewards from Capital One have been collected independently by TheSimpleDollar.com. The issuer did not provide the details, nor is it responsible for their accuracy.

    Editorial Note: Compensation does not influence our recommendations. However, we may earn a commission on sales from the companies featured in this post. To view our disclosures, click here. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by our advertisers. Reasonable efforts are made to present accurate info, however all information is presented without warranty. Consult our advertiser’s page for terms & conditions.

    Trevor Wallis

    Contributing Writer

    Trevor Wallis is a St. Louis-based personal finance writer who teaches people how to achieve freedom through good money practices. He’s written for Bankrate, NextAdvisor, Rewards Credit Cards and Online Loans. When he isn’t writing, he’s roasting specialty coffee and planning new ways to use credit card rewards to explore the world with his wife and newborn son.