Deserve EDU Mastercard for Students

Deserve EDU Mastercard for Students Review

This is a cashback card issued by , issued by Celtic Bank, a Utah-chartered Industrial Bank, Member FDIC.. If you're wondering whether Deserve is the right card for you, read on.

Key Takeaways

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 22.99%
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as Auto Rental Collision Damage Waiver, emergency support, extended warranty protection on purchases, price protection, travel accident insurance, travel assistance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 630.

Pros & Cons of Deserve

The Good

The Bad

International students do not require a SSN to apply. No annual fee. Multiple credit card perks. Offers Auto Rental Collision Damage Waiver. Extended warranty and price protection on purchases. Travel accident and travel assistance insurance. Considers applicants who don't have a credit history. No foreign transaction fee. Cardholders can earn rewards on purchases everywhere Deserve EDU Mastercard for Students is accepted. Deserve EDU Mastercard for Students reports to multiple credit bureaus.

Higher than average purchase APRs. Does not offer a signup bonus.

Deserve FAQ

Does Deserve have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash.

Deserve Rewards

Minimum rewards rate	1x
Max rewards rate	N/A
Annual rewards limit	N/A

What are the Deserve benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Deserve?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Deserve EDU Mastercard for Students has a variable purchase APR of 22.99%.

What are the fees for Deserve?

The following fees apply:

• There is no overlimit fee

Deserve Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Initial Program Fee	$
Foreign Transaction Fee	0%
Returned Payment Fee	Starting at $ up to $37
Late Payment Fee	Starting at up to $25

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.

Does Deserve EDU Mastercard for Students report your account activity to credit bureaus?

Yes, Deserve EDU Mastercard for Students reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Deserve

• Visit the Deserve website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.