Are you considering the Discover it® Student Cash Back? Before you apply for the card, you'll want to learn some key facts about the offer and how it compares to others on the market.
In reviewing the card, our staff rated it a 4.5 out of 5.0.
The lack of fees, combined with great perks like cash back and free credit score tracking, make this credit card a solid deal for college students.
Here's a rundown of the key features, rates, and terms of the Discover it® Student Cash Back:
Disclosure: When you apply through links on our site, we often earn referral fees from partners. For more information, see our ad disclosure and review policy.
Advertiser Disclosure
CardRates.com is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free, we receive compensation for referrals for many of the offers listed on the site. Along with key review factors, this compensation may impact how and where products appear across CardRates.com (including, for example, the order in which they appear). CardRates.com does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.
BEST OVERALL RATING
★★★★★
4.5
- INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! So you could turn $50 cash back into $100. Or turn $100 into $200. There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.
- Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically.
- No credit score required to apply.
- Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
- No annual fee and build your credit with responsible use.
- 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 18.24% - 27.24% applies.
- Terms and conditions apply.
|
|
|
|
|
|
0% Intro APR for 6 months
|
10.99% Intro APR for 6 months
|
18.24% - 27.24% Variable APR
|
$0
|
Fair/New to Credit
|
There's certainly a lot to like about the Discover it® Student Cash Back. Let's dive deeper into the card's rates and fees, as they could make or break whether owning the Discover it® Student Cash Back is right for you.
According to the issuer, the Discover it® Student Cash Back currently charges the following interest rates on purchases and balance transfers:
- Purchase Intro: 0% Intro APR for 6 months
- Balance Transfer Intro: 10.99% Intro APR for 6 months
- Regular APR: 18.24% - 27.24% Variable APR
Here's the annual fee for the Discover it® Student Cash Back as listed by the issuer:
See site for details »
According to the issuer, the current general credit history requirement for the Discover it® Student Cash Back is:
- Credit Level: Fair/New to Credit
If you feel you have the credit needed for approval and you're ready to apply, you can do so online on the issuer's secure website.
Keep in mind that rates and features may change, so if you like what the Discover it® Student Cash Back is offering today, you may want to apply now to lock it in current terms before it's too late.
Below are all the ratings our team gives the Discover it® Student Cash Back, along with the card's ranking within each category. To see how it compares to other cards, simply click on the category name:
All told, our team's review of the Discover it® Student Cash Back resulted in a rating of 4.5 out of 5.0, as the card features many pros and cons for a potential cardholder to consider. Ultimately, it's up to you to determine if the card's benefits outweigh its possible drawbacks.
If you're ready to apply for the Discover it® Student Cash Back, here is the link the issuer's official application:
Are you ready to apply for the Discover it® Student Cash Back offer? Be sure to read up on all of its terms and details first, then apply via the provider’s secure website:
If you’d like to keep researching, you may want to try one of our popular guides to the top offers available. We break down a variety of offers, including many similar to Discover it® Student Cash Back:
Whether you decide on Discover it® Student Cash Back or another option, be sure to make all your payments on time and keep your balance below the credit limit.
Toby is the founder of CardRates.com and lends his 20 years of experience in the credit card industry to educate consumers. His commentary and reviews have been featured to millions on Yahoo! Finance, CreditCards.com, Entrepreneur.com, and others. Toby's industry connections enable him to keep audiences informed with timely advice and insight.
Our finance experts work hard to show you the best credit cards. Want to show your appreciation? Share this page!
