Discover it® Student Cash Back review

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Advertiser Disclosure

Interest Rate: Purchases
14.49% ‐ 23.49% (Variable) (0% for the first 6 months)
Balance Transfer
14.49% ‐ 23.49% (Variable) (10.99% for the first 6 months)
Rewards
1% cashback
Signup Bonus
-


9.2/10
Informr score
The Discover it® Student Cash Back currently has an Informr score of 9.2 out of 10. This score is based on our evaluation of 20 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Discover it® Student Cash Back is typically available to those with average credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


Compare Cards

This card comes with everything you wish all cards came with – no annual fee, no foreign transaction fees, no overlimit fee, and a free pass the first time you miss a payment. Your APR will not increase due to a late payment and cardholders will also enjoy an intro purchase APR of 0% for 6 months an...

- Compare Cards
CreditCards.com

One of the most lucrative student cards on the market, the Discover it Student Cash Back card pairs ample cash rewards with forgiving terms and consumer-friendly benefits.

- Kelly Dilworth, CreditCards.com
Cardcruncher

Students can earn 5% cash back on up to $1,500 spent on quarterly rotating categories, and 1% back on all other purchases. What's more, Discover will match all the cash back you earn during your first year, allowing you to earn up to 10% cash back during that time.

- Cardcruncher
SmartAsset

If you are looking for a student credit card that offers competitive cash-back rewards with extra perks, take a look at the Discover it for Students. Before you decide whether to take the plunge, take a look at the recent bonus categories and ask yourself whether you’d make good use of those categor...

- SmartAsset
The Ascent

We've simply not found a better student credit card. Our fee-wary stance is even more solid for student credit cards, and this offer still includes premium rewards with no annual fee.

- Eric Volkman, The Ascent

Details


Interest Rates
Regular APR Interest Rate 14.49% ‐ 23.49% (Variable) (0% for the first 6 months)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 14.49% ‐ 23.49% (Variable) (10.99% for the first 6 months)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 26.49% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 5%

3% intro fee

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $39.00
  • Maximum
  • No late fee on your first late payment
Promotions
Sign up bonus No
Rewards
All Purchases 1% cash back
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details
  • Earn 5% cash back in rotating categories each quarter like gas stations, restaurants, Amazon.com, wholesale clubs and more, up to the quarterly maximum each time you activate.
  • Get $20 cash back each school year your GPA is 3.0 or higher for up to the next 5 years.
  • Get a dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically.
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores Yes
Wireless Payments No
Additional Benefits

Freeze your account in seconds to prevent new purchases with an on/off switch available on both the mobile app and website.

Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


Compare Cards

The perfect credit card for students to get to build credit and earn cash back

Compare Cards

This card comes with everything you wish all cards came with – no annual fee, no foreign transaction fees, no overlimit fee, and a free pass the first time you miss a payment. Your APR will not increase due to a late payment and cardholders will also enjoy an intro purchase APR of 0% for 6 mont...More

This card comes with everything you wish all cards came with – no annual fee, no foreign transaction fees, no overlimit fee, and a free pass the first time you miss a payment. Your APR will not increase due to a late payment and cardholders will also enjoy an intro purchase APR of 0% for 6 months and an intro balance transfer APR of 10.99% for 6 months.

Read full review

Less

CreditCards.com

A safer card for learning to use credit

from CreditCards.com

One of the most lucrative student cards on the market, the Discover it Student Cash Back card pairs ample cash rewards with forgiving terms and consumer-friendly benefits.

Read full review

One of the most lucrative student cards on the market, the Discover it Student Cash Back card pairs ample cash rewards with forgiving terms and consumer-friendly benefits.

Read full review

Less

Cardcruncher

Offers one of the highest rewards rate available to students

Students can earn 5% cash back on up to $1,500 spent on quarterly rotating categories, and 1% back on all other purchases. What's more, Discover will match all the cash back you earn during your first year, allowing you to earn up to 10% cash back during that time.

Read full review

Students can earn 5% cash back on up to $1,500 spent on quarterly rotating categories, and 1% back on all other purchases. What's more, Discover will match all the cash back you earn during your first year, allowing you to earn up to 10% cash back during that time.

Read full review

Less

SmartAsset

A starter card with some student-friendly features

If you are looking for a student credit card that offers competitive cash-back rewards with extra perks, take a look at the Discover it for Students. Before you decide whether to take the plunge, take a look at the recent bonus categories and ask yourself whether you’d make good use of those categories.

Read full review

If you are looking for a student credit card that offers competitive cash-back rewards with extra perks, take a look at the Discover it for Students. Before you decide whether to take the plunge, take a look at the recent bonus categories and ask yourself whether you’d make good use of those categories.

Read full review

Less

The Ascent

Potentially a high cash-back-earning card

from The Ascent

We've simply not found a better student credit card. Our fee-wary stance is even more solid for student credit cards, and this offer still includes premium rewards with no annual fee.

Read full review

We've simply not found a better student credit card. Our fee-wary stance is even more solid for student credit cards, and this offer still includes premium rewards with no annual fee.

Read full review

Less

Money Crashers

A strong card for lots of different types of students

from Money Crashers

A card for students who wish to build their credit, get financial recognition for their academic achievements, and earn cash back rewards on every single purchase they make.

Read full review

A card for students who wish to build their credit, get financial recognition for their academic achievements, and earn cash back rewards on every single purchase they make.

Read full review

Less

NerdWallet

A rewarding introduction to credit

from NerdWallet

The Discover it Student Cash Back is a rare beast among student cards. It offers cash-back rewards, a statement credit for good grades and tools for managing credit. It does all of this with low fees. That’s why it’s one of our best credit cards for college students.

Read full review

The Discover it Student Cash Back is a rare beast among student cards. It offers cash-back rewards, a statement credit for good grades and tools for managing credit. It does all of this with low fees. That’s why it’s one of our best credit cards for college students.

Read full review

Less

CardRatings.com

One of the best student credit cards for cash-back rewards

from CardRatings.com

This card is best for students who want to earn cash back without paying an annual fee and are looking for a low introductory APR on purchases.

Read full review

This card is best for students who want to earn cash back without paying an annual fee and are looking for a low introductory APR on purchases.

Read full review

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Wise Bread

Rewards for smart spending

from Wise Bread

A great card for students who already have some personal finance skills and are able to manage their own credit card responsibly. Those who have struggled with debt in the past may wish to find an even more simple card that has no rewards or financing offer, or perhaps even another form of payment altogether.

Read full review

A great card for students who already have some personal finance skills and are able to manage their own credit card responsibly. Those who have struggled with debt in the past may wish to find an even more simple card that has no rewards or financing offer, or perhaps even another form of payment altogether.

Read full review

Less

Credible

A front-runner when it comes to student credit cards

from Credible

The Discover it Card for College Students is a great option for college students looking to earn cash back on their purchases and build their credit at the same time, but the amount of rewards you earn will depend on your spending habits.

Read full review

The Discover it Card for College Students is a great option for college students looking to earn cash back on their purchases and build their credit at the same time, but the amount of rewards you earn will depend on your spending habits.

Read full review

Less

User Reviews


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