Discover it® for Students Discover it<sup>®</sup> for Students
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Discover it® for Students Review

Apply for a Discover it® for Students card
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 with absolutely no annual fee that offers the same excellent cash back rewards and perks as a non-student card.

First off, cardholders can take advantage of 5% cash back (up to the quarterly max - currently $1,500 - then 1% back) in rotating quarterly categories and 1% cash back on all other purchases. Although you do need to sign up each quarter to get the 5% back, Discover features automatic emails you can register for that prompt you to sign up. 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! On top of all that, 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.

Additionally, a Discover it® for Students has a 0% APR on purchases for 6 months. This zero interest period can help you save money on any purchases you make in the first 6 months you have the card. There is also a balance transfer offer of 10.99% for 6 months. Although this isn't a zero percent interest period, it can still be helpful if you're carrying a balance on other higher interest rate cards.

Other card highlights include no foreign transaction fees (which can save you a lot of money on purchases made outside the US), no late fee on your first late payment, no overlimit fee and paying late won't raise your interest rate. Plus you'll get free monthly TransUnion FICO scores, zero fraud liability, and a number of fun card art styles to choose from.

Also included is the Discover Freeze it feature, which let you "freeze" your account from your smartphone or computer if your card is misplaced. This is a terrific feature, especially when you're not sure exactly where your card is but you're not quite ready to call and have it cancelled. Freezing your account prevents new purchases, cash advances and balance transfers from being made.

Overall, Discover it® for Students is our top choice for student credit cards, combining top cash back rewards with premium benefits.

Highlights From Discover
  • Get a dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants,, or wholesale clubs up to the quarterly maximum each time you activate.
  • 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 late fee on first late payment. No APR change for paying late.
  • Get 100% U.S. based customer service & get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Freeze It® on/off switch for your account that prevents new purchases, cash advances & balance transfers in seconds.
  • New! Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 13.99% - 22.99%.

  • 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.
  • Pay for your purchases with cash back rewards. $1 cash back = $1 at checkout.
  • Use Apple Pay to make a purchase and then redeem your rewards as a statement credit against the purchase.
  • 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: 13.99% - 22.99% 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 card

If you have a question or concern we haven't answered on our site, please let us know. Your question will be added to the NextAdvisor Forums so that we and other experts in our community can answer it. Due to volume, we aren't able to respond to every question, but we answer as many as we can.

Card Details

Features:5% cash back on purchases within select categories up to the quarterly maximum (signup required); 1% on all other purchases
Purchase APR:0% for first 6 months, then 13.99% - 22.99% Variable
Balance Transfer APR:10.99% for 6 months, then 13.99% - 22.99% Variable
Annual Fee:$0
Credit Needed:Fair

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