MoneyGeek breaks down the difference between the Chase Freedom Student card and the Capital One Quicksilver Student Rewards card based on their respective fees and benefits. Between these two student credit cards, there’s a clear winner. But it may still depend on what you’re looking for in a card. The combination of low interest charges and a sweet welcome offer from the Chase Freedom Student card might convince you to choose this card over the other. However, if you’re someone who considers higher cash back rates and travel perks, you might find the Quicksilver Student Rewards card a more ideal choice.

Both of these cards have high APR fees by MoneyGeek standards. When you’re just starting to build your credit, you want to avoid credit card mistakes such as carrying your balances on your card as it can hurt your credit score.

Comparison Overview: Chase Freedom Student vs. Capital One Quicksilver Rewards for Students

  • Chase Freedom Student
    Capital One Quicksilver Rewards for Students
  • Has Annual Fee
  • Has Balance Transfer Offer
  • Has APR Offer
  • Cash Back Rewards
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  • Travel Rewards
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Chase Freedom Student At a Glance

Chase Freedom Student is best suited for college students who want a no-fuss card that earns decent rewards. The flat 1% cash back rate gives an opportunity to earn on every purchase. Simply using the card at least once during the first three months after activation earns them an instant $50 as a welcome offer. They can earn $20 yearly for the first five years just for being a loyal customer in good standing.


  • Chase Freedom Student

    A solid card with rewards students are sure to appreciate


    • Limited-FairCredit Needed
    • $0Annual Fee
    • 1% Cash BackRewards Rate
    • 1xRewards Rate on Online Shopping
    • 1xRewards Rate on Groceries

    Terms, rates and fees apply

    Compare this credit card with other top-rated student credit cards.

Capital One Quicksilver Rewards for Students At a Glance

The Capital One Quicksilver Student Rewards has a higher unlimited cash back rate of 1.5% on all purchases. It’s a great card for international travel as it has no foreign transaction fees. The cash back earned can be redeemed for statement credits, direct deposit or gift cards. The purchase protection benefit is useful when shopping with this card as it reimburses the discounted amount if card members can find a cheaper price for the same product within 120 days of purchase. Virtual card numbers are useful against fraud on online purchases.


  • Capital One Quicksilver Rewards for Students

    A good no annual fee student credit card that offers cash back


    • Limited-FairCredit Needed
    • $0Annual Fee
    • 1.5% Cash BackRewards Rate

    Terms, rates and fees apply

    Compare this credit card with other top-rated credit cards.

Comparison Summary

Find out the differences between the Chase Freedom Student card and the Capital One Quicksilver Student Rewards card as we break down the fees, charges and rewards from each card.

  • Card Detail
    Comparison Summary
  • Travel Coverage and Purchase Protection

    The Chase Freedom Student card has trip cancellation and interruption insurance. While Capital One Quicksilver Student Rewards has more offers such as complimentary concierge services, 24-hour travel assistance and travel accident insurance. Both cards provide purchase protection.

    Winner: Depends on which you value more

  • Welcome Bonus

    The Chase Freedom Student card has a welcome bonus offer of $50 after your first purchase within the first three months of account opening. The Capital One Quicksilver Student Rewards card doesn’t have a welcome bonus.

    Winner: Chase Freedom Student

  • Rewards

    The Chase Freedom Student card earns 1% cash back on all purchases, while the Quicksilver Student Rewards card earn 1.5% cash back on all purchases. Rewards earned from both cards can be redeemed through statement credit, gift cards or through Amazon checkout.

    Winner: Capital One Quicksilver Student Rewards

  • Annual Fee

    Both cards don’t charge an annual fee.

    Winner: Tie

  • APR Fees

    Freedom Student has a variable APR fee of 14.99%. This is significantly lower than the Quicksilver Student Rewards APR of 26.99%

    Winner: Chase Freedom Student

  • International Transaction Fees

    Freedom Student charges 3% on all international transactions, while Quicksilver Student Rewards doesn’t charge any foreign transaction fees.

    Winner: Capital One Quicksilver Student Rewards

  • Loyalty Programs

    Chase Freedom Student rewards credit card holders $20 of good standing rewards every account anniversary for up to five years, while the Capital One Quicksilver doesn’t have a loyalty program.

    Winner: Chase Freedom Student

Which Card Should You Get?

MoneyGeek helps you decide which card is best for you by giving you scenarios on how you can best take advantage of each card's offers.

Who Should Consider the Chase Freedom Student?

The Chase Freedom Student card has a welcome offer, no annual fee and lower interest charges along with helping you build a strong credit history. If you fall in one of these categories, the Chase Freedom Student card may be a solid fit for you:

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    Students who plan to use it long term to take advantage of its loyalty program.

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    Students who use Doordash and Lyft can earn 3% up to 4% cash back when they book these services through the card.

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    If your eyes are on a consumer Chase credit card like the Chase Freedom Unlimited, qualifying for their starter credit cards should give you an advantage, as long as you are a responsible card user.

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Who Should Consider the Capital One Quicksilver Rewards for Students?

The Capital One Quicksilver Student Rewards earns a higher cash back rate, no annual fees and a list of useful travel coverages. So if you fall into one of these categories, the Quicksilver Student Rewards may be a good fit for you.

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    Students who would enjoy premium experiences such as music and sporting events as perks on the card.

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    Students that frequently shop online. It has protection features like a virtual card number that protects against fraud, security alerts, card lock feature and fraud liability protection.

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    Students that travel internationally as the card has no international fees.

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EXPERT OPINION

As a student, you need to be able to save as much money as possible, and likely quickly as well. While the Quicksilver has a higher cash back rate by 0.5%, the Chase Freedom Student gives you a quick $50 rebate. SO unless you plan on spending significantly, the Chase Freedom Student will give you a more immediate return on your spending.

Other Helpful Decision-Making FAQs

MoneyGeek answers the most common questions that might further help you decide which card to get.

Still Not Sure About These Cards? Consider These Options

It can be overwhelming to choose a credit card for you, especially if it’s your first time getting one. However, know that different credit cards are built for different purposes. Cash back credit cards provide rewards that match your spending habits. Reward credit cards, on the other hand, earn you points or miles which you can redeem for travel.

Learn more about credit cards in general

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*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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