Capital One launched the SavorOne Rewards for Students and Quicksilver Rewards for Students credit cards, student versions of Capital One's flagship credit cards designed to provide valuable rewards and more choice for customers beginning their credit journey.
"Being new to credit and being able to enjoy rewards don't have to be mutually exclusive," said Daniel Mouadeb, Executive Vice President, Head of Mainstreet Card, at Capital One. "By bringing more choices to our customers, including access to credit and the benefit of rewards, we're paving the way for a more inclusive and rewarding credit experience."
The SavorOne Student credit card enables cardholders to automatically earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores, and 1% cash back on all other purchases. Plus, cardholders can earn 8% cash back on Vivid Seats through January 2023.
The Quicksilver Student credit card enables cardholders to earn unlimited 1.5% cash back on every purchase, every day, just like the flagship card. Both cards have no annual fees, no minimums for cash back reward redemption, no rotating categories, and no complicated sign-ups. Additionally, cash back won't expire for the life of the account, and there's no limit to how much cardholders can earn.
"When we asked students what they wanted in a credit card, they overwhelmingly pointed to unlimited cash back on all purchases and no annual fee," said Ralph Haro, Vice President, US Card, at Capital One. "SavorOne Student and Quicksilver Student build on the legacy of rewards offered with our flagship cards, and we are proud to extend these best-in-class benefits to serve the financial needs of students across the country."
With the addition of the two new student cards, students can now choose from three Capital One student cards that offer cash back on purchases and with no annual fee: SavorOne Student, Quicksilver Student and Journey Student. Last year, Capital One added a streaming benefit for new Journey student cardholders.