Discover it Student Cashback Card Review

The credit card designed for students, combining rewards and financial learning tools to help you build credit and earn while you spend.

As a student, managing finances and building credit may feel like an overwhelming challenge. That’s where the Discover it Student Cash Back card comes in. Designed specifically for students, this card offers an excellent way to earn rewards on everyday purchases while establishing a solid credit foundation.

What sets this card apart is its commitment to supporting your financial journey. From generous cashback rewards to free credit monitoring, the Discover it Student Cash Back card is packed with benefits that make managing your finances both rewarding and educational.

CREDIT CARD

DISCOVER IT STUDENT CASHBACK

CASHBACK 5% NO CREDIT SCORE

GET CARD You will be redirected

Everyday Rewards

The Discover it® Student Cash Back card seamlessly fits into your daily routine by rewarding every purchase you make. From buying essentials to dining out, you’re constantly earning cashback. Plus, it offers an impressive 5% cashback in rotating categories every quarter. Whether you’re fueling up your car or stocking up on groceries, this card ensures you’re always gaining value from your spending.

Academic Achievement Bonus

One standout feature of this card is the Good Grade Reward program, which provides an annual bonus for students who maintain a GPA of 3.0 or higher. This unique incentive makes excelling in academics even more rewarding. To claim this benefit, simply share your grades with Discover at the end of the school year. It’s a fantastic way to get financial recognition for your hard work in the classroom.

5% Cashback on Rotating Categories

Every quarter, you have the chance to earn 5% cashback in rotating categories tailored to common spending areas like groceries, restaurants, and gas stations. To maximize this benefit, activate the categories each quarter and align your purchases accordingly. With the potential to earn significant rewards, this feature is a must-use for students looking to save while they spend.

No Annual Fee

Designed with student budgets in mind, the Discover it® Student Cash Back card eliminates the worry of an annual fee. This makes it an accessible and cost-effective option for those starting their financial journey. With no extra charges for ownership, you can focus on building credit and enjoying the card’s benefits without stretching your budget.

Enhanced Security with Account Freeze

The Account Freeze feature provides unmatched security and control. If your card is lost or you suspect unauthorized activity, you can instantly freeze your account through the Discover app. This action halts new purchases, cash advances, and balance transfers, giving you peace of mind. Once the issue is resolved, unfreezing your account is just as simple, ensuring a hassle-free experience.

1% Cashback on Other Purchases

In addition to the rotating categories, the card rewards you with 1% cashback on all other purchases. From everyday expenses to bigger buys, you’re constantly earning. For optimal benefits, use the card for recurring payments, online shopping, and dining out. It’s a straightforward way to build rewards on all your transactions.

0% Intro APR for Six Months

New cardholders can enjoy a 0% introductory APR on purchases for the first six months. This feature is especially helpful for managing upfront expenses like textbooks or tech gear at the start of the school year. With no interest accruing, you can spread out payments and manage your budget effectively during this initial period. Just be sure to repay the balance before the promotional term ends to avoid future interest charges.

Who Can Apply?

The Discover it Student Cash Back card is available to students who are at least 18 years old with a valid Social Security number. You’ll need to show proof of enrollment in college or university and have sufficient income or a co-signer to qualify.

How to Apply

1. Visit Discover’s Website: Go to the official Discover website and navigate to the student card section.
2. Complete the Online Application: Fill out the form with your personal and financial information.
3. Submit Documentation: Provide proof of student status and other requested documents.
4. Wait for Approval: Applications are usually reviewed quickly, with decisions made in as little as 24 hours.

FAQs

Do I need a credit history to apply for the Discover it Student Card?

No, the card is specifically designed for students with little or no credit history.

Are there any foreign transaction fees?

No, the Discover it Student Cash Back card does not charge foreign transaction fees, making it a good option for students traveling abroad.

Can I upgrade this card after graduation?

Yes, Discover offers options to transition to other cards once you’ve established credit and your financial needs evolve.

How does the Cashback Match work?

At the end of your first year, Discover will match all the cashback you’ve earned, effectively doubling your rewards. This is automatic and requires no additional action on your part.

What happens if I miss a payment?

Your first late payment won’t incur a penalty fee, but subsequent late payments may result in fees and affect your credit.

The Discover it Student Cash Back card isn’t just a credit card—it’s a financial tool to help you grow. Start building credit while enjoying rewards tailored for students. Apply today and take charge of your financial future!

CREDIT CARD

DISCOVER IT STUDENT CASHBACK

CASHBACK 5% NO CREDIT SCORE

GET CARD You will be redirected