Discover it® for Students Review Credit Card 5 2016-06-01 10:28:30

Discover it® for Students Review

Apply for a Discover it® for Students card
Rating:
Bottom Line:
Double your cash back at end of 1st year; 0% intro APR on purchases for 6 months

Full Review:
The Discover it® for Students 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 $150 you'll get an extra $150 cash back, for a grand total of $300 cash back! Discover it® for Students 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
  • Discover matches all the cash back you've earned at the end of your first year - automatically. Only for new cardmembers.
  • Earn 5% cash back in new bonus categories like gas, restaurants, Amazon and more - up to $1500 every quarter you activate. Plus, unlimited 1% cashback on all other purchases.
  • 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.
  • Track your recent FICO® Credit Scores for free in one easy-to-read chart on monthly statements & online. Plus, get 100% U.S. based customer service.
  • Freeze It℠ on/off switch for your account that 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 13.24% - 22.24%.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Matchâ„¢ details & other information.

Rewards
  • Discover matches 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: 13.24% - 22.24% 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 card

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Card Details

Purchase APR:0% for first 6 months,
then 13.24% - 22.24% Variable
Features:5% cash back on purchases within select categories up to the quarterly maximum; 1% on all other purchases
Annual Fee:$0
Credit Needed:Fair

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