Deserve EDU MasterCard for Students review

The Deserve EDU MasterCard may be of interest, particularly to overseas students. The card provides limitless 1% cash back and has a credit limit of $5,000. Though it lacks the plethora of incentives that many larger banks provide, the Deserve EDU does include a one-time bonus of a year of Amazon's Student Prime membership for individuals who spend $500 in the first three billing cycles. The benefit has a lifetime value of $59. It also provides up to $600 in cell phone damage and theft insurance. The Deserve EDU MasterCard has a variable APR of 18.74 percent Variable, making it a costly card to carry a load on, but it's not the worst student card available. Deserve EDU may be a good option for overseas students because it does not require a Social Security number. Because there are no international transaction or exchange costs, the card is a good choice for students studying abroad.

Major Highlights-

• Refer A Friend Program: Refer anyone to deserve using your personal referral code. Upon approval, card activation and use, you’ll receive $30 and so will your referral. Referral bonuses are unlimited!
• Manage and track your spending, set automatic payments and securely freeze your card all through one easy to use app.
• See if you prequalify with no impact to your credit score in minutes.
• Deserve MasterCard are issued by Celtic Bank, Member FDIC.
• Enjoy MasterCard Platinum Benefits intended to make your life easier like MasterCard ID Theft Prevention™ and Master Rental®.
• Receive one year of Amazon Prime Student on Deserve after spending $500 in the first three billing cycles with your EDU card (Lifetime Value of $59).
• Earn 1% Cash Back on all purchases with your Deserve EDU MasterCard. Once approved, you’ll automatically start earning cash back on all purchases.
• Feel secure with cell phone protection up to $600.
• No deposit required. No annual fees.
• No international transaction fees on purchases abroad so you can travel with confidence.
• No Social Security Number required for international students to apply.

Advantages –

• 1 percent cash back on all purchases
• No annual fee or foreign transaction fees
• No credit score or Social Security number required, making it a great choice for international students
• MasterCard Platinum benefits, including cell phone protection up to $600 per claim (up to $1,000 across two claims per year)
• Get reimbursed on your Amazon Prime Student membership (lifetime value of $59) for one year when you pay with your Deserve EDU Mastercard after spending $500 in the first 3 billing cycles
• No deposit required

Disadvantages-

• You won’t be able to make balance transfers or withdraw cash advances on this card
• 18.74% variable APR, which can be relatively high compared to some student cards
• Late payment fee of up to $25

Other Information –

• Rewards rate: 1 percent cash back on all purchases
• Welcome offer: Up to $59 of Amazon Prime Student subscription reimbursement after spending $500 in the first three months of card membership
• Annual fee: $0
• Purchase intro APR: N/A
• Balance transfer intro APR: N/A
• Regular APR: 18.74 percent variable