Discover it<sup>®</sup> for Students-New! Good Grades Rewards

Discover it® for Students-New! Good Grades Rewards Review: Credit Cards

Credit Card
 
Apply for a Discover it® for Students-New! Good Grades Rewards card
Rating:
Bottom Line:
Double your cash back at end of 1st year; 0% intro APR on purchases for 6 months
Full Review:
5 2015-08-27 12:29:02 The Discover it® for Students-New! Good Grades Rewards card is a great option for students that offers a 0% APR on purchases for 6 months and the opportunity to earn significant cash rewards. Cardholders can take advantage of 5% cash back (up to $1,500 in purchases) in rotating quarterly categories and 1% cash back on all other purchases. Plus at the end of the first year you'll earn double cash back. That means at the end of year one if you earned $100 you'll get an extra $100 cash back, for a grand total of $200 cash back! Discover it® for Students-New! Good Grades Rewards also rewards you for good grades, with $20 cash back every school year your GPA is 3.0 or above for up to the next 5 years. And for the individualists out there, there are a number of fun card art styles to choose from.

Highlights
  • New! Good Grades Rewards: $20 cash back each school year your GPA is 3.0 or higher for up to the next 5 years.*
  • No annual fee. No overlimit fee. No foreign transaction fee. No late fee on first late payment & paying late won't raise your APR.*
  • 5% cash back in categories that change each quarter like gas, restaurants, Amazon.com and more -up to the quarterly maximum when you sign up.* 1% cash back on all other purchases.
  • Track your recent FICO® Credit Scores for free in one easy-to-read chart on monthly statements & online.* Plus get 100% U.S.-based service, text alert payment reminders & a mobile app.
  • New Freeze It℠ on/off switch lets you prevent new purchases, cash advances & balance transfers on misplaced cards in seconds by mobile app & online.*
  • 0% intro APR* on purchases for 6 months, then the standard variable purchase APR of 12.99% - 21.99%.
  • New! Double all the cash back you've earned at the end of your first year, automatically—only for new cardmembers.*
  • *See rates, rewards, FICO® Credit Score terms & other info by clicking "Apply."

Rewards
  • Double all the cash back you've earned at the end of your first year automatically — only for new cardmembers.*
  • Good Grades Rewards: $20 cash back each school year your GPA is 3.0 or higher for up to the next 5 years.*
  • Earn 5% cash back on up to $1,500 in purchases within select categories that rotate quarterly.
  • Earn 1% cash back on all other purchases, with no limit on how much you can earn.
  • Earn 5% to 20% Cashback Bonus through exclusive online shopping mall.

Redeem Rewards
  • Rewards are redeemable in any amount at any time.
  • Deposit into your bank account or credit your Discover card account.
  • Turn your cash rewards into more when you redeem for gift cards or eCertificates from over 100 brand-name Partners.

Fees and APR
  • Annual Fee: $0
  • Foreign Transaction Fee: None.
  • 0% Intro Purchase APR: 0% APR for the first 6 months, then Purchase APR.
  • Purchase APR: 12.99% - 21.99% Variable*, depending on creditworthiness.
  • Balance Transfers: 10.99% Intro APR for 6 months, then Purchase APR. Balance transfer fee is 3% of the amount of each transfer.


Apply for a Discover it® for Students-New! Good Grades Rewards card


 
Card Details:

Purchase APR:0% for first 6 months,
then 12.99% - 21.99% Variable*
Features:5% cash back on purchases within select categories; 1% on all other purchases
Annual Fee:$0
Credit Needed:Fair

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Discover it® for Students-New! Good Grades Rewards Forum Posts

  • Discover it for Students
    Here is NextAdvisor's review for the Discover it for Students: http://www.nextadvisor.com/credit_cards/discover_it_student_review.php

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