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Discover it® Student Cash Back review

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Advertiser Disclosure

Interest Rate: Purchases
12.99% ‐ 21.99% (Variable) (0% for the first 6 months)
Balance Transfer
12.99% ‐ 21.99% (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 27 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...


CardRatings.com

Discover it® Student Cash Back is a great fit for the wallet of any financially responsible college student. The combination of ongoing cash-back rewards and an end-of-the-first-year cash back matching bonus can put several hundred dollars into your pocket. This is also a strong card for a young per...

- Jennifer Doss, CardRatings.com
NerdWallet

This is a great card for a student learning to handle credit. On top of the rewards, you get a free FICO score, low fees and forgiveness for your first late payment.

- Melissa Lambarena, NerdWallet
Bankrate

If you’re a student in the market for a starter credit card, the Discover it® Student Cash Back card offers perhaps the highest rewards rate you’re likely to find on a card for applicants with no credit history. Having the cash back power of the full-fledged Discover it® Cash Back card plus Discover...

- Garrett Yarbrough, Aja McClanahan, Bankrate
LendingTree

Students willing to keep track of bonus categories can maximize their cash back with the Discover it® Student Cash Back, while also building credit through responsible credit practices. But if remembering to opt into the categories quarterly is too much of a hassle, the Discover it® Student chrome m...

- Julie Sherrier, LendingTree
SimpleMoneyLyfe

If you are a student with little to no credit establishment, then the Discover it® Student Cash Back card is a great card for you. You will receive nice rewards, with flexible redemption options, while building your credit as Discover it® Student Cash Back card reports to all three credit bureaus on...

- Brian Latchford, SimpleMoneyLyfe

Details


Interest Rates
Regular APR Interest Rate 12.99% ‐ 21.99% (Variable) (0% for the first 6 months)

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

Balance Transfer Interest Rate 12.99% ‐ 21.99% (Variable) (10.99% for the first 6 months)

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

Cash Advance Interest Rate 24.99% (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 $40.00
  • 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
Virtual Cards 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
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Additional comments -
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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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