Earn points for paying your student loans

The fred credit card is the first and only card that rewards your student loan payments. Plus, earn bonus points on travel, dining, and everyday purchases.

1x points student loans
3x points dining & travel
5x points loyalty portal
FRED Credit Card showing rewards earning potential
Earn Points

How you earn points

Cardholders earn points when they make monthly student loan payments, plus earn points on other categories.

A $500 student loan payment. Paid with your fred Credit account or exactly how you pay now. $100 dinner date paid for using your fred Credit Card or booked as part of an experience through the travel portal. $450 flight booked in the fred Credit travel portal. $300 shopping on our loyalty portal or through one of our partner brands when using the chrome extension.
500 pts 300 pts 1350 pts 1500 pts

Monthly Spend Example

$500
Loan payment
500 points
$200
Dining
600 points
$100
Loyalty portal
500 points
1,600 points/month
$16+ of value
Redeem Rewards

How to use points

Your points get you flights, hotels, gift cards, and other rewards.

Flights

25,000 pts

Domestic round-trip

Hotels

15,000 pts

2 nights average

Gift cards

5,000 pts

$50 Amazon, Target, etc.

Loyalty shopping

5,000 pts

$50 Nike purchase

MOST POPULAR
Loyalty Portal

Shop your favorite brands

Access exclusive deals and earn 5x points when you shop through our curated loyalty portal with hundreds of top brands.

FRED Loyalty Portal - Travel booking interface showing flights, hotels, and exclusive deals

Shop with top brands and earn 5x points

Nike
5x Points
Lululemon
5x Points
American Eagle
5x Points
Ray-Ban
5x Points
Bose
5x Points

200+ More

5x Points

5x Points on Everything

Earn maximum rewards on all portal purchases

Exclusive Deals

Access member-only discounts and promotions

Instant Tracking

Points appear in your account within 24 hours

Create Impact

Fred is dedicated to tuition affordability

FRED Credit contributes 1% of profits to scholarships, plus we've curated over $12+ million in available scholarships from trusted sources to help students find funding.

Scholarship opportunities available

$12M+
Scholarships available
3017
Active scholarships
1%
Of profits contributed
Updated weekly with new opportunities

Featured scholarships

$5,000
Women in STEM

Maggie's Way- International Woman’s Scholarship

This scholarship honors Maggie’s life by supporting female students who have moved to the U.S. for their education. Students pursuing STEM are preferred.

Learn more
$1,000
Academic Excellence

100 Bold Points No-Essay Scholarship

No-essay scholarship awarded to students with the boldest profiles. Open to all education levels, fields of study, and GPA.

Learn more
$1,000
Community Leadership

Susan Simon Leadership Award

Supports high school seniors who demonstrate leadership, kindness, or wisdom in their community.

Learn more
View all scholarships

You're part of a movement

Every time you use the fred credit card, you’re helping make tuition more affordable for students. Fred will contribute 1% of future profits to our scholarship fund. For now, access our curated database of over $12+ million in scholarship opportunities.

1

You use FRED Credit

Make purchases, pay loans, earn rewards

2

We contribute 1%

Of our profits go to the scholarship fund

3

Access scholarships

Browse $12+ million in available opportunities

Frequently Asked Questions

Secure payments

EMV chip technology and fraud monitoring

Zero liability

Protected from unauthorized transactions

Transparent

No annual fee, clear terms, transparent pricing

Join the waitlist

Be first to apply when FRED Credit launches. Join many others already on the waitlist.

Earn on loan payments

1x points on every student loan payment

Flexible rewards for YOU

Redeem for travel, hotels, gift cards, shopping, and more

Refer your friends

You and a friend can earn 2500 points for each referral

Waitlist benefits

Priority access

First to apply when FRED Credit launches

Launch bonus

Exclusive welcome bonus for waitlist members

Insider updates

Product updates and launch timeline

No commitment

No obligation to apply later