No annual fee: We always recommend students start with no-annual-fee credit cards, to avoid unnecessary expense and so they can keep the card open for years to come. Fortunately, the Deserve Edu Mastercard for Students fits that bill.
1% cash back: This card earns an unlimited 1% cash back on all purchases.
Cell phone protection: Pay your monthly wireless bill with this card and you’ll receive complimentary cell phone insurance. The plan covers damage and theft of your phone up to a limit of $600 per claim and $1,000 within a 12-month period, and there’s a $50 deductible. It’s still no fun to drop your phone, but at least you’ll have peace of mind that you can get it fixed without dipping into your savings.
Complimentary Amazon Prime Student: If you use this card to pay for a subscription to Amazon Prime Student, you’ll receive an automatic credit for the membership fee. The maximum benefit amount is $59, which is the cost of a one-year subscription.
Note that the monthly cost of Amazon Prime Student is $6.49 — Amazon offers a discount when you pay for an entire year at once. Because Deserve Edu Mastercard for Students credits you up to $59, you should make sure that you choose the yearly payment option. If you choose the monthly payment option, the card will only cover nine months of service.
No foreign transaction fees: Whether you’re traveling internationally for months to study abroad or just a week for spring break, you won’t need to pay any foreign transaction fees with this card.
Available for international students: Most credit cards require that applicants have a Social Security number, and that makes it difficult for international students to open one.
If you’re an international student, you can apply for the Deserve Edu Mastercard for Students without a Social Security number. Instead, you’ll need to provide a copy of your passport, your U.S. student visa, your most recent I-20 or DS-2019 form, and the most recent statements from your U.S. bank account.
$10 Lemonade credit: Lemonade offers renters and homeowners insurance plans. You’ll receive this credit after paying for three consecutive Lemonade insurance statements with the Deserve Edu Mastercard for Students.
$45 Mint Mobile credit: When you use your card to sign up and pay for any Mint Mobile wireless plan, you’ll get a $45 statement credit. This offer is available through Nov. 23, 2020.
$100 off Feather subscription: Feather is a furniture rental service. If you sign up for a subscription with your card and enter the code DESERVE100, you’ll get $100 off your first month. This service is only available in limited areas, and probably won’t be in many students’ budgets. But if you’re interested in trying it out, the Deserve Edu Mastercard for Students will save you $100.
View more information: https://www.fool.com/the-ascent/credit-cards/deserve-edu-mastercard-for-students-review/