Credit Cards (US)

Discover it® Student Cash Back card full review

The Discover it® Student Cash Back is a great option for students looking for a credit card full of perks, such as cash back on all purchases and no annual fee. Check out the full review!

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by Aline Augusto

Published on 12/16/2021

Discover it® Student Cash Back card: earn 5% cash back

Discover it® Student Cash Back review. Source: Discover.
Discover it® Student Cash Back review. Source: Discover.

In this Discover it® Student Cash Back review, you’ll learn more about the benefits of this great financial product.

So, Discover is a company that helps people to spend their money with intelligence and confidence.

Also, it offers tools so you can achieve a promising financial future. One of its tools is credit cards. And they have a particular package of cards specially made for students.

Therefore, they deliver what a student needs: acceptance so you can apply even if you have a poor credit history; and rewards so you can be motivated to work on your grades at the same time as work on your credit building.

Credit ScorePoor
Annual Fee$0
Regular APRFrom 12.99% to 21.99%
Welcome bonusCashback Match in the first year
RewardsUp to 5% cash back on all purchases
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!

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How does the Discover it® Student Cash Back credit card work?

Rewards, no fees and a chance to build your credit history! Source: Pexels.
Rewards, no fees and a chance to build your credit history! Source: Pexels.

First of all, this card from Discover doesn’t require a credit score to apply for it. Also, there is no annual fee, so you don’t need to worry about high fees.

Also, students earn 5% cash back on eligible purchases up to a maximum amount each +

  • 5% cash back at Amazon, grocery stores, restaurants, gas stations;
  • 5% cash back on payments through Paypal.

Plus, you earn unlimited 1% cash back on all other purchases.

In addition, students with a 3.0 GPA or higher earn $20 as statements credit for 5 years.

And as a welcome bonus, you get the CashBack Match program, which doubles your cash back received in the first year.

Do you think that’s all? Well, it is not. You also get a 0% introductory APR on purchases for 6 months.

Discover it® Student Cash Back benefits

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

If you are a student, you probably are concerned about your future. The Discover it® Student Cash Back credit card covers your back.

With no annual fee and a good welcome offer, it can easily be a tool for you to build your credit history.

Also, it gives you a great rate of cash back.

On the other hand, there is a quarterly limit on the higher-tier rewards. And it is quite complicated to understand how the reward program actually works.

Pros

  • It doesn’t require a perfect credit score
  • It doesn’t charge annual and foreign transaction fees
  • Plus, it offers great introductory offers
  • It gives cash back on all purchases
  • And it helps you build your credit history

Cons

  • The 5% cash back has a quarterly limit
  • The reward program offered is quite complicated to understand

How good does your credit score need to be?

You don’t need to have a good credit score to apply for it and be accepted. You can get your card even with a poor credit history.

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

I imagine that you are a student looking for a credit card that fulfills your needs. Then, let me tell you that it is easy and fast to apply for a Discover it® Student Cash Back. Learn now by reading our next post!

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!

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

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