Deserve® EDU Mastercard for Students
vs. Capital One Quicksilver Student Cash Rewards Credit Card

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ByDoug Milnes, CFA
Reviewed byBrett Holzhauer
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ByDoug Milnes, CFA
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Reviewed byBrett Holzhauer
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Updated: March 19, 2024

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The best student credit card is the one that best fits your unique situation and circumstances. However, you can start your search by comparing fees, rewards, offers and features. For instance, the Deserve® EDU Mastercard for Students card offers a 1% cash back on all purchases and an Amazon Prime Student subscription for a year. Meanwhile, the Capital One Quicksilver Student Rewards card offers 1.5% cash back on purchases.

There are other differences between the Deserve® EDU Mastercard for Students card and the Capital One Quicksilver Student Rewards card, but both have no annual fee or foreign transaction fees.

Comparison Overview: Deserve® EDU Mastercard for Students vs. Capital One Quicksilver Student Cash Rewards Credit Card

  • Deserve® EDU Mastercard for Students
    Capital One Quicksilver Student Cash Rewards Credit Card
  • Has Annual Fee
  • Has Balance Transfer Offer
  • Has APR Offer
  • Cash Back Rewards
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  • Travel Rewards
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Deserve® EDU Mastercard for Students At a Glance

The Deserve® EDU Mastercard for Students card is a great option for individuals looking for a student credit card with unlimited cash back and no annual fee. Cardholders can also use the card when they travel because the card doesn’t have foreign transaction fees. Additionally, students can qualify even without credit history. Lastly, not needing a Social Security Number (SSN) requirement makes it a good choice for international students studying in the U.S.


  • Deserve® EDU Mastercard for Students

    Best student cash back card for limited credit history


    • 1% Cash BackRewards Rate
    • 23.99% VariableAPR
    • $0Annual Fee
    • None–PoorRecommended Credit

    Pros

    • Earn 1% cash back on all your purchases
    • There is no annual fee or foreign transaction fee
    • You will have complimentary Amazon Prime Student for a year
    • Complimentary cell phone protection when you use your card to pay your cell phone bill
    • Do not need a Social Security Number (SSN) to apply
    • Access to Mastercard Platinum benefits

    Cons

    • High APR on purchases
    • Students earn 1% cash back on all purchases.
    • There’s no annual fee, nor are there foreign transaction fees.
    • Cardholders receive Amazon Prime Student for one year.
    • Cell phone protection (up to $600) is included when you pay your phone bill with your card.
    • Mastercard Platinum benefits, such as rental car insurance, are included.
    • Easy-to-use app helps you manage your account and pause access to your card if you misplace it — all on the go.

    Disclaimer: Card offers are always changing, and in some cases, the offer listed on our site may no longer be available.

    Deserve® EDU Mastercard for Students

Capital One Quicksilver Student Cash Rewards Credit Card At a Glance

With this Capital One Quicksilver Student Rewards card, you can earn unlimited rewards at a 1.5% rate on everyday purchases. There are no annual and foreign transaction fees. This cash back credit card allows cardholders to use their rewards to cover purchases or redeem for gift cards. There is also the option of redeeming the rewards as cash.


  • Capital One Quicksilver Student Cash Rewards Credit Card

    A practical no-annual-fee student credit card with cash back


    • 1.5%–5% cash backRewards Rate
    • 19.99%–29.99% VariableAPR
    • $0Annual Fee
    • Limited–FairRecommended Credit

    Pros

    • No annual fee
    • Cash back on all purchases
    • Offers welcome bonus
    • Comes with security protections

    Cons

    • Potentially high APR
    • No bonus categories
    • Earn unlimited 1.5% cash back on every purchase, every day
    • Early Spend Bonus: Earn $50 when you spend $100 in the first three months
    • Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024
    • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
    • Enjoy no annual fee, foreign transaction fees, or hidden fees Lock your card in the Capital One Mobile app if it's misplaced, lost or stolen
    • Earn up to $500 a year by referring friends and family when they're approved for a Capital One credit card
    • Build your credit with responsible card use
    • Whether you're at a 4-year university, community college or other higher education institution, this card might be an option for you
    Capital One Quicksilver Student Cash Rewards Credit Card

Comparison Summary

MoneyGeek created a Deserve® EDU Mastercard for Students vs Capital One Quicksilver Student Rewards comparison table to help you decide which one is the better option.

Card Detail
Comparison Summary

Insurance and Protection

The Deserve® EDU Mastercard for Students card includes cellphone protection up to $600 and rental car insurance. Cardholders also enjoy all the core benefits that Mastercardholders get.

The Capital One Quicksilver Student Rewards card offers multiple insurance and protection features. These include additional warranty protection, travel accident insurance and fraud liability. Additionally, cardholders get security alerts for potential suspicious transactions, account alerts for potential mistakes and unexpected charges and card lock through the company’s mobile app.

Winner: Deserve® EDU Mastercard for Students

Rewards

The Deserve® EDU Mastercard for Students card offers 1% cash back on all purchases. Cash back is issued as a statement credit in increments of $25.

The Capital One Quicksilver Student Rewards card also offers unlimited 1.5% cash back on all purchases. The rewards don’t expire throughout the life of the account. Cardholders can redeem rewards for cash, to cover purchases or redeem for gift cards.

Winner: Capital One Quicksilver Student Rewards

Annual Fee

The Deserve® EDU Mastercard for Students card and Capital One Quicksilver Student Rewards card are both no annual fee credit cards.

Winner: Tie

Which Card Should You Get?

Before deciding if the Deserve® EDU Mastercard for Students card or Capital One Quicksilver Student Rewards card is the right credit card for you, it’s important to consider your specific needs and situation.

Who Should Consider the Deserve® EDU Mastercard for Students?

The Deserve® EDU Mastercard for Students card is a great beginner card for students who want to build credit. It’s also a solid option for international students looking for a credit card. So if you fall in one of these categories below, this card may work for you:

    highschoolStudent icon

    International students studying in the U.S. can enjoy the benefits of having a credit card that earns cash back rewards on purchases. Applying for this credit card is simple and doesn’t require a SSN.

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    Students who want to start their credit journey may find the Deserve® EDU Mastercard for Students a good option. The company doesn’t require an established credit history from card applicants.

Who Should Consider the Capital One Quicksilver Student Cash Rewards Credit Card?

The Quicksilver Student Rewards is best for students looking for a cash back rewards card with no annual fee and no foreign transaction fees. Additionally, if you fall in any of these categories, you may find this card to suit your needs:

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    Students looking to earn cash back rewards on everyday purchases. You will earn unlimited 1.5% cash back on all purchases. You can use these rewards for purchases or redeem for cash.

    worldTraveler icon

    Students who travel frequently or considering studying abroad may find this credit card a great choice. You can use it for international transactions without worrying about foreign transaction fees. It also offers travel accident insurance in case your travels go awry.

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EXPERT OPINION

For students purely looking for a return on their spending, the Capital One Quicksilver Student Rewards card is clearly the better of these two cards. However, if you don’t mind sacrificing a small amount of cash back potential for benefits like cell phone protection and Amazon Prime Student for the first year of card membership, the Deserve® EDU Mastercard for Students card is a solid choice.

Other Helpful Decision-Making FAQs

Finding the right student credit card can be a bit difficult, especially with multiple options available. MoneyGeek answers some commonly asked questions to help you see the difference between the Deserve® EDU Mastercard for Students card and the Capital One Quicksilver Student Rewards card.

Is the Deserve® EDU Mastercard for Students card better than the Capital One Quicksilver Student Rewards card?
Can you get the Deserve® EDU Mastercard for Students if you have the Capital One Quicksilver Student Rewards?
Can you transfer points from the Deserve® EDU Mastercard for Students card to the Capital One Quicksilver Student Rewards card?
Can you switch from Deserve® EDU Mastercard for Students to Capital One Quicksilver Student Rewards?
What’s harder to get, the Deserve® EDU Mastercard for Students card or the Capital One Quicksilver Student Rewards card?
How much do you have to spend on the Deserve® EDU Mastercard for Students card vs the Capital One Quicksilver Student Rewards card to get the welcome bonus?

Still Not Sure About These Cards? Consider These Options

Whether you choose the Deserve® EDU Mastercard for Students card or the Capital One Quicksilver Student Rewards card, you will enjoy several benefits. However, if you’re no longer a student or are simply looking for other options that offer the best rewards, consider choosing a rewards credit card.

About Doug Milnes, CFA


Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.


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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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