Deserve EDU Mastercard: The Ideal Credit Card for Students

The Deserve EDU Mastercard, issued by Deserve Inc., is a student-focused credit card designed to cater to the financial needs of young adults pursuing higher education. With no annual fee and a generous rewards structure, this card offers a compelling option for those looking to build their credit while enjoying various benefits tailored for students.

Card Type

The Deserve EDU Mastercard is primarily categorized as a student credit card. This type of card is specifically designed for college students, enabling them to establish their credit history responsibly while offering attractive rewards suitable for their lifestyle.

Annual Fee

One of the card’s significant advantages is its no annual fee policy. Cardholders can enjoy all the benefits of the card without worrying about upfront costs that could eat into their budget.

Rewards Program

The Deserve EDU Mastercard features an appealing rewards program that allows cardholders to earn 1% cashback on all purchases. The card is particularly beneficial for students who spend on categories such as online streaming services, which are integral to student life. It also provides a 2% reward on eligible purchases at restaurants or cafes, making it a suitable choice for dining out with friends or grabbing coffee during study sessions.

Sign-Up Bonus

Upon approval, new cardholders may also qualify for a sign-up bonus after making their first purchase. For details on specific spending amounts required to qualify for this bonus, check your terms and conditions at the time of application.

APR (Annual Percentage Rate)

The Deserve EDU Mastercard has a regular APR that varies depending on creditworthiness, allowing students to potentially secure a low APR if they have a good credit history. Additionally, the card may offer a 0% introductory APR on purchases for the first 12 months, providing an excellent opportunity for students to manage their expenses without interest.

Foreign Transaction Fees

Another noteworthy feature of the Deserve EDU Mastercard is its approach to foreign transaction fees. The card charges no foreign transaction fees, making it an ideal option for students studying abroad or traveling internationally.

Balance Transfer Options

The card does not currently offer promotional balance transfer options. However, it may still be beneficial for those looking to manage their purchases efficiently.

Additional Fees

While the Deserve EDU Mastercard boasts minimal fees, it’s essential to be aware of other potential costs. There are late payment fees that could accrue if payments are not made on time, and cash advance fees as applicable. Always review your terms for the most accurate and up-to-date information regarding these charges.

Card Benefits and Perks

Beyond its rewards structure, the Deserve EDU Mastercard offers various benefits and perks. Cardholders can take advantage of travel insurance, purchase protection, and more, helping them feel secure with their financial transactions and travel plans.

Customer Protections and Insurance

When it comes to customer protections, the Deserve EDU Mastercard includes advantageous features such as zero fraud liability, ensuring that cardholders are not held responsible for unauthorized purchases. It also provides purchase protection on eligible items, enhancing the card’s value for students shopping for their essential needs.

Eligibility and Credit Score Requirements

The eligibility for the Deserve EDU Mastercard generally requires a credit score in the fair to good range. However, students without an established credit history may still apply as the card specifically caters to younger applicants looking to build their credit profiles.

Introductory Offers

In addition to its current offerings, students can take advantage of introductory offers such as the 0% APR on purchases for the first 12 months, permitting them to manage their expenses while getting accustomed to responsible credit use.

Special Features or Unique Selling Points

One distinguishing factor of the Deserve EDU Mastercard is its emphasis on catering to students. The card also includes a free subscription to Amazon Prime Student for the first year, providing a valuable perk that aligns with students’ needs.

How to Apply

Applying for the Deserve EDU Mastercard is a straightforward process. Interested applicants can complete the application online by visiting the UpCube.net, and to start enjoying the benefits,