Comparison (US)

Deserve EDU Mastercard for Students Card or Discover it® Student Cash Back : card comparison

Deserve EDU Mastercard for Students Card or Discover it® Student Cash Back? Check out the comparison and decide which fits your finances better!

Deserve EDU Mastercard for Students Card vs. Discover it® Student Cash Back: which is the best?

Check out the comparison between Deserve EDU Mastercard for Students and Discover it® Student Cash Back, and apply now for the best card for you! Source: Pexels.
Check out the comparison between Deserve EDU Mastercard for Students and Discover it® Student Cash Back, and apply now for the best card for you! Source: Pexels.

If you are a student, you must be starting to be aware of your finances. So, choosing the right tools to help you build up your score and assist you financially is a crucial step. Today we’re gonna talk about two interesting alternatives that can do just that and help you pick between the Deserve EDU Mastercard for Students Card or Discover it® Student Cash Back.

Some credit cards are specially designed for students since they don’t require a good credit score in the first place.

But, you need to make sure that besides the requirements, it is desirable the card allows you to earn rewards and perks at no extra cost.

Therefore, we have chosen two fantastic credit cards that gather all of that for students. Check out the following comparison and decide which fits your needs, goals, and profile better!

The Deserve® EDU Mastercard is currently offline for new applications through our partnered website as of December 16, 2022. Instead, we recommend you apply for the Petal® 1 “No Annual Fee” Visa® Credit Card. Check out how you can do so by following the link below.

Pessoa usando cartão Petal 1 Visa credit cardem maquininha de pagamento por aproximação

How to apply Petal® 1 "No Annual Fee" Visa®?

Petal® 1 "No Annual Fee" Visa® Credit Card is an unsecured card that offers cash back with no annual fee. Check out how to get yours!

Discover it® Student Cash Back credit card com estampa de cachorro fundo cinza

How to apply for a Discover it® Student Cash Back?

Discover it® Student Cash Back card is great for students with poor credit history, and it offers rewards and no annual fee. See how to apply!

Deserve EDU Mastercard for Students CardDiscover it® Student Cash Back Card
Sign-up bonusNoneNone
Annual fee$0$0
Rewards1% cash back on all purchases5% cash back on eligible categories based on a rewards calendar;
1% cashback on everything else
Other perksAmazon Prime Student for free for a year after spending $500 in the first 3 billing cycles;
Mobile protection;
No foreign transaction fees;
Refer A Friend Program;
Mastercard Platinum Benefits
0% Introductory APR for the first 6 months on purchases;
Online security features;
Free access to FICO® Score 
APR21.74% VariableFrom 13.74% to 22.74%

Deserve EDU Mastercard for Students Card

Learn more about this card. Source: Deserve®.
Learn more about this card. Source: Deserve®.

Deserve EDU Mastercard for Students is designed to help students achieve their goals. And if you decide to have one, you won’t have to worry about annual or even foreign transaction fees.

This credit card lives up to its name. Besides the fact it has a low cost for those who are beginning their financial journey, it doesn’t require a good credit score. In fact, you can apply for it even if you don’t have a credit history.

So, the card helps you to build one if you use it responsibly.

Also, this Mastercard is an excellent option for international students since it doesn’t require a Social Security Number for the application, as well.

Furthermore, Deserve EDU offers a really simple rewards program in which you earn 1% cashback on all purchases. All you have to do is apply for the card, and once approved, you can start earning rewards immediately.

Moreover, the card provides you with some protection features, including phone protection of up to $600 and Mastercard Platinum Benefits like Mastercard ID Theft Prevention and Master Rental.

Discover it® Student Cash Back 

Learn more about the Discover it® Student Cash Back. Source: Discover.
Learn more about the Discover it® Student Cash Back. Source: Discover.

But, if you want another fantastic alternative for you, a Discover it Student Cash Back might be worth considering.

Since the application doesn’t require a credit score, you can start building your credit history as soon as you get it and use the card responsibly.

Discover is well-known for its great rewards program. And it wouldn’t be any different with this student card.

Therefore, as soon as you hold the card, you are eligible to participate in the unlimited Cashback Match in the first year, where Discover matches all the cash back you have earned. In summary, if you make $50, Discover pays you $50, and so on.

Also, this credit card offers 5% cashback on different categories each quarter, on up to $1,500 in purchases, and 1% cashback on everything else.

Therefore, if you are a student looking for high-tier rewards, you have just found a terrific tool to help you with that.

The rewards redemption is simple and pretty flexible.

Furthermore, the card offers 0% introductory APR for six months after opening your account, free access to FICO® Score, and security features for those who spend a lot of time on the internet.

Finally, all of that with no annual fee.

Benefits of Deserve EDU Mastercard for Students credit card

If you are a student searching for a credit card to help you build a solid financial path, a Deserve EDU Mastercard for Students is definitely an excellent way to start.

Besides the simple reward program, the card offers a Refer A Friend Program in which both you and your referral friend receive unlimited bonuses for each approved application.

Also, this card is a fantastic option for international students or those who travel a lot since it doesn’t require a Social Security Number and doesn’t charge any foreign transaction fees.

Besides that, you get the Mastercard package of benefits, including security features, some deals with eligible merchants, and a cell phone protection of up to $600.

There is no annual fee for you to worry about. All you have to worry about is using the card responsibly to start building your credit history right away.

Benefits of Discover it® Student Cash Back credit card

On the other hand, if you want high-tier rewards, a Discover it Student Cash Back credit card is the one for you.

There is no annual fee and no credit history required. So, it is a powerful tool for you to start building your financial journey.

Also, the card features an introductory APR of 0% for the first six months, which is excellent if you compare it to other credit cards available on the market that don’t offer that, especially when it comes to cardholders with limited credit.

Discover it provides an app full of benefits for students, including an Online Privacy Protection against websites that sell your private information and unrestricted Social Security Number alerts through Dark Web monitoring. Furthermore, the app features Freeze it® to help you quickly freeze your account when needed and free access to FICO® Score.  

Pre-approved credit cards for low credit score available now

We analyzed your profile and found some offers that you can apply for today.

You will be redirected to another website

Disadvantages of Deserve EDU Mastercard for Students Card 

Although Deserve EDU Mastercard for Students offers a rewards program, it is not the best rate. You can find a better tier of rewards on other available credit cards.

Also, it doesn’t feature an introductory APR or welcome bonus.

Disadvantages of Discover it® Student Cash Back 

Even though Discover it Student Cash Back offers a great rewards rate, the highest tier only applies to certain categories that change every quarter.

Furthermore, international students have no access to the card unless they have a Social Security Number.

Deserve EDU Mastercard for Students Card or Discover it® Student Cash Back: which you should choose?

Both cards are powerful tools for students who are looking to build credit history at a meager cost.

But, if you want a high rate of rewards, a Discover it® Student Cash Back is definitely a fantastic choice for you. 

On the other hand, if you are an international student or travel a lot, a Deserve EDU Mastercard for Students Card might be better!

However, if you are looking for another option, follow the link below to meet the Capital One Quicksilver Student!

Logo Capital One em prédio

How to get a Capital One Quicksilver Student card?

Earn unlimited 3% cash back on eligible purchases with no annual fee. Check out how to apply for the Capital One Quicksilver Rewards for Students card!

About the author  /  Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by  /  Aline Barbosa

Senior Editor

Trending Topics

content

Are Indigo® credit cards good?

Are Indigo® credit cards good? They can help you build your credit score while offering other benefits. Learn more about them!

Keep Reading
content

What is the loan to cost meaning?

When it comes to finances, you want to be as informed as possible. That's why you can read on to learn about the loan to cost meaning!

Keep Reading
content

CitiBusiness® / AAdvantage® Platinum Select® Mastercard® full review

Read this CitiBusiness® / AAdvantage® Platinum Select® Mastercard® review article to learn how it works and if it fits your business budget!

Keep Reading

You may also like

content

Earn 80K bonus points: Hilton Honors American Express Card Review

Earn hotel and other travel-related points every time you spend: Here is our complete review of the Hilton Honors American Express Card.

Keep Reading
content

Happy Money Personal Loan review: how does it work and is it good?

This Happy Money personal loan review covers all the important details. Read on if you want to learn more about this incredible lender.

Keep Reading
content

HSBC Premier Checking application: how does it work?

Are you looking for a guide to apply for the HSBC Premier Checking? We’ve got you covered! This post will take you through the steps. Keep reading to learn more.

Keep Reading