Discover it Student Cash Back: is it really the best student card?

The Discover it Student Cash Back credit card allows you to accumulate cash rewards and start building your credit history while you are still in college. Check it out!

Picture a credit card specifically tailored for students, where every purchase brings you closer to your financial goals. The “Discover it Student Cash Back” card is that smart solution. It offers a unique blend of rewards and flexibility, perfectly fitting into college life. From textbooks to campus coffees, this card turns your everyday expenses into savings opportunities.

CREDIT CARD

Discover it Student Cash Back

No credit score required to apply No annual fee

Get access to card benefits

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Everyday Benefits

The “Discover it Student Cash Back” shines in daily life. Did you know you can earn rewards on every purchase you make? Plus, this card offers a percentage of cash back in rotating categories each quarter. So, from the bookstore to the gas station, you’re always earning.

Another unique advantage is its ‘Good Grade Reward’ program. For each academic year you maintain a high GPA, you receive an additional bonus. Studying and saving has never been so easy!

5% Cash Back in Rotating Categories

Every quarter, the “Discover it Student Cash Back” card offers a unique opportunity to earn 5% cash back in specific rotating categories. These categories could range from gas stations to grocery stores, adapting to different spending habits. To maximize this benefit, keep an eye on the announced categories each quarter and plan your purchases accordingly. By aligning your spending with these categories, you can significantly boost your cash back earnings, up to the specified quarterly limit.

Good Grade Reward

The Good Grade Reward is a distinctive feature of this card, designed to encourage academic excellence. Students who maintain a GPA of 3.0 or higher qualify for an annual cash back bonus. This incentive not only rewards hard work in academics but also provides extra financial support. To take advantage of this benefit, submit your grades to Discover at the end of each school year. It’s a simple way to earn rewards for your academic achievements while managing your finances.

No Annual Fee

This card is particularly student-friendly due to its lack of an annual fee. This feature makes it an economical choice for students who are often on a tight budget. Without the worry of an annual fee, you can focus on using the card for essential purchases and building your credit history. It’s ideal for those new to credit cards, as it reduces the cost of holding a credit card while still offering substantial rewards.

Account Freeze Feature

The Account Freeze feature provides an extra layer of security and control. If you misplace your card or suspect unauthorized use, you can immediately freeze your account using the Discover app. This prevents new purchases, cash advances, and balance transfers, providing peace of mind. Reactivating your card is just as easy once you find it or address your concerns. This feature is a valuable tool for managing your account proactively and securely.

1% Cash Back on All Other Purchases

Outside of the 5% rotating categories, the card consistently offers 1% cash back on all other purchases. This means every transaction you make contributes to your cash back total. From small daily expenses to larger purchases, every cent you spend helps accumulate rewards. To make the most of this feature, use your Discover card for regular purchases, such as utilities, online shopping, and dining out. It’s an effortless way to build rewards over time.

0% Intro APR for Six Months

New cardholders enjoy a 0% introductory APR on purchases for the first six months. This feature is particularly beneficial for making larger purchases or managing expenses during the start of the academic year. By taking advantage of this interest-free period, you can spread the cost of big-ticket items without accruing interest, making it easier to budget and pay off your balance. Remember, it’s important to plan your repayment before the introductory period ends to avoid interest charges.

Access Requirements

To get this card, you must be over 18, a college student, and have a clean credit history. No minimum income is required, making it accessible to many students.

Recent Trends

Recently, there’s been an increase in the use of reward credit cards among students. The “Discover it Student Cash Back” fits this trend, offering a simple and effective way to maximize savings.

How to Apply

Applying for the “Discover it Student Cash Back” is straightforward. Visit Discover’s website, fill out the form with your personal and academic details, and submit your application. Soon, you’ll receive a response and can start enjoying all its benefits.

FAQs (Frequently Asked Questions)

What is the APR after the introductory period?

It varies based on your credit score.

Is there a cash back limit?

No limit on the 1% cash back.

Can I use the card outside the U.S.?

Yes, with no additional fees.

What happens if I pay late?

Discover offers a lenient policy for the first late payment.

CREDIT CARD

Discover it Student Cash Back

No credit score required to apply No annual fee

Get access to card benefits

Watch an ad to apply for your card You will be redirected