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Discover it® Student Cash Back review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
17.49% ‐ 26.49% (Variable) (0% for the first 6 months)
Interest Rate: Purchases
17.49% ‐ 26.49% (Variable) (0% for the first 6 months)
Balance Transfer
17.49% ‐ 26.49% (Variable) (10.99% for the first 6 months)
Balance Transfer
17.49% ‐ 26.49% (Variable) (10.99% for the first 6 months)
1% cashback
1% cashback
Signup Bonus
Signup Bonus

Informr score
The Discover it® Student Cash Back currently has an Informr score of 9 out of 10. This score is based on our evaluation of 29 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...


This card is one of the top student-focused credit cards on the market, due to its $0 annual fee, competitive cash back rewards rate, first-year cash back match and user-friendly terms. This card’s rotating cash back categories offer students on a budget a great variety and opportunity to recoup val...

- Garrett Yarbrough, Bankrate

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,

Discover it® Student Cash Back is a good option for students who want a $0 annual fee credit card with bonus cash back rewards. The Discover it® Student Cash Back offers 1 - 5% cash back on purchases, depending on the category, and Discover will double rewards earnings from the first year.

- John S Kiernan, WalletHub

If you’re in school and you’re hoping to earn some cash rewards while working your way towards a better credit rating, the Discover it for Students card can certainly help you achieve those goals. This card is really best for someone who doesn’t mind the rotating bonus categories. Also, you should n...

- Rebecca Lake, MyBankTracker

The Discover it Student Cash Back is a student credit card that offers a variety of benefits for students. Some of the perks this credit card offers include quarterly 5% cash-back categories, unlimited cash-back matching, and no fee on your first late payment. While it may have a few drawbacks, this...

- Bob Haegele, GOBankingRates


Interest Rates
Regular APR Interest Rate 17.49% ‐ 26.49% (Variable) (0% for the first 6 months)

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

Balance Transfer Interest Rate 17.49% ‐ 26.49% (Variable) (10.99% for the first 6 months)

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

Cash Advance Interest Rate 29.49% (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 $41.00
  • Maximum
  • No late fee on your first late payment
Sign up bonus No
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,, 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.
  • Online Privacy Protection
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
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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