What's up everybody welcome back to the channel. Today's video is gon na be fairly quick, but it was a new car that came out that I thought was really awesome and really helpful. I'm really targeting college students, so today's video is gon na be about the new Chase Freedom student card and, if I think this card is beneficial and maybe what other cars might be a competition kind of a chase, so let's get right into this video all right. Welcome back so, let's get right into this, so this new Chase Freedom student card is only applicable to people who are in college must be 18 to apply.

You must be in school now this I'm starting on January 9. So now it is January, the 11th. So, starting to also just start out January - oh my goodness, it is June 9th 2019. That's when it started.

It is now in June 11th, 2019, but started on June life. You were able to apply for this card. This card is only done in the branches, though so you have to actually go into a physical Chase Bank. If you don't live near an Chase Bank, then you, you know it doesn't really make sense.

But if you live in a chase bank - or maybe you go to school near Chase - be really nice, you have to walk in and apply for the card. You cannot apply online. They may want to see you in person just to confirm you're, really a student. So you can get this card okay, so let's go over to benefits really fast.

Now this is going to give him credits a doctor of credit calm, as I'm showing you a screenshot of his website. So all credit for this next part right here goes to him as far as the screenshot. Let's get right into the benefits. Okay, so the first benefit of this card is it has no annual fee, just like all the other chase, with a chase freedom, unlimited car and also the Chase Freedom Card.

They don't have annual fees. So that's always awesome and you know you're a college student. So as much money as you can save the better now you have a limited one percent cash back on all purchases. A fifty dollar bonus after the first three perk after the first purchase within not three months.

So it's very easy to do for college students that can be a book that can be some food now every year for the first five years you get $ 20 good stay and reward, and that's gon na be given to you in a form of mm chase. Ultimate or points that you can use for you know it's 20 bucks. You can use it to transfer to Airlines. I use it for twenty dollars forever.

You'll also get extra credit, I'm so pretty much a credit line increase within the first five on-time payments, which is really awesome. So you know you don't supposed to be doing you're, making those on-time payments. You will get a increase after five ansan payments within ten months, which is easy. I mean it should be ten out of ten or five out of five.

You should be making the payment on time every month, so I thought that was really awesome and it has really educational information was kind of designed to have students. You know kind of build with their credit, so cash back rewards were words, do not expire as long as the car is open. There's no minimum to redeem for cash back. A lot of cars are $ 25.00, and things like that Chase is really awesome.

You can kind of redeem at any if you want to redeem it at $ 5. You can maybe might need that you're in college. You need that and the points can be transferred for you know: gift cards, cash back, Apple, merchandise, travel and more. So I think this card is a really awesome card again for students.

Again, you must be a student, you must be 18, you want to make sure you may want to go in there with a parent or something they may want. Maybe like a face-to-face interaction. Again, I'm not too sure what the purpose is of them. Wanting you to go to the branch, but my biggest property reasoning.

Is they really want to make sure you're a college student? They maybe want to make sure you understand again because it's talking about educational things, so they maybe want to make sure you're educated on what you're getting yourself into and kind of, come out on the best impossible to really build and establish a credit. Now here's one thing, though I do agree, this card is really competing with the discover its student card, this student Chrome card, I want to kind of just give you a breakdown to that benefit as well. I just kind of showed you to the car right there. Let's get into this one, this is a definite really awesome.

This is probably a better option in my pain, I'm not knocking chase. I do think this is a better option, though. Let's get right into these benefits so for the discover it Chrome has no annual fee. You should also get a twenty dollar statement credit each school year, your GPA is 3.0 or higher for up to the next five years.

So as long as I don't know how they kind of figure that out, they may ask for some paperwork or proof, but as long as you have a 3.0 GPA which should be it's pretty it's pretty regular, then you want to get twenty dollars. So they're kind of paying you to do awesome, which is great you're, also going to get 2 % cash back at gas stations and restaurants up to a thousand dollars that combined purchases each quarter, so you've got four quarters in a year. That is four thousand dollars. You're going to be getting two percent cash back on four thousand dollars for gas stations and restaurants.

You'll also get unlimited cash back on any other purchase throughout the year. No cap, no max here's the biggest part, though the Social Security like features and all that stuff. The biggest match for the discover it that kind of, in my opinion, puts it above. The new chase card is the cashback match at the end of the first year.

You can really maximize a lot. I mean you can really be spending your own money and then you can have your college friends spend money. You can even maybe pay some of your parents bills in there all that cash back that you earned. If you got $ 4,000 worth of cash back in year, one they're gon na match that for $ 4,000.

So that's the probably the biggest bet, and probably the you know. If I was a student still in college, it would be definitely to discover it card over the chase one, but I do see the competition barrier and I really think it's awesome that Chase wanted to get into that field as well. How about the students? So what do you think? Do you like to discover it card better? Do you like to chase card better? Will you pass on this? If you're a student, will you really get this card or would you just maybe get a chase freedom card chase freedom? Unlimited card you know, try to get the 5 % rotating categories - unlimited 1.5 % and get a little bit better benefits because they at the end of the day they all have no annual fee. So what do you think make sure you thumbs up this video? Like? I subscribe, I want to thank everybody for tuning in have yourself a great day.