Capital One’s Student Cards: $100 Bonus for Smart Spending

Capital One has launched a limited-time promotion offering a $100 bonus to students who apply for either the Savor Student or Quicksilver Student credit cards. This incentive is designed to attract students seeking to build their credit history while earning rewards. To qualify for the bonus, new cardholders must spend $300 within the first three months of account opening. While the bonus amount is lower than some traditional credit card offers, the spending requirement is significantly less, making it more accessible to students. The Savor Student card provides tiered cash back rewards: 3% on groceries, dining, entertainment, and streaming services; 8% on Capital One Entertainment purchases; and 5% on hotels and rental cars booked through Capital One Travel. The Quicksilver Student card offers a simpler structure with 1.5% unlimited cash back on all purchases and 5% cashback on purchases made through Capital One Entertainment and Capital One Travel. Both cards share attractive features such as no annual fee and no foreign transaction fees. These features, coupled with credit-building tools, aim to assist students in managing their finances responsibly. The offer presents a valuable opportunity for students to earn rewards while establishing a positive credit profile. However, it's crucial for students to use these cards responsibly, ensuring that spending remains within their budget to avoid accruing debt. Careful budgeting and monitoring of credit utilization are essential to maximize the benefits and avoid potential risks. This promotion exemplifies Capital One's efforts to cater to the specific financial needs of the student demographic, offering an accessible entry point into the world of credit card rewards.

(Source: https://dannydealguru.com/capital-one-student-credit-cards-100-offer/)