- 5% Cashback Bonus* in categories that change like travel, department stores, gas, groceries, restaurants, and more means extra money for you, and extra toppings for your pizza.
- 5% to 20% Cashback Bonus at our exclusive (as in you need to be on the list) online shopping mall.
- Up to 1% unlimited Cashback Bonus on everything else you buy - from textbooks to toothpaste, automatically.
Introductory APR Info
Regular APR
Annual Fee
0% Interest* for 6 Months
as low as 13.99%* Variable
$0
Card Review
The Discover® Student Card, issued by Discover, is designed for students with very good credit who are looking for a cash rewards credit card.
Through the rewards program, cardholders earn a 5% rebate for purchases made in popular categories that change four times a year such as travel, gas, restaurants, movies, and more.
In addition, cardholders earn up to 1% for general purchases.
Cardholders will earn a 1% unlimited Cashback Bonus on all purchases after their total annual purchases exceed $3,000.
Purchases that are a part of the first $3,000 earn .25%.
Cardholders also earn a 0.25% rebate at select warehouse clubs and discount stores, and they can earn 5% to 20% Cashback Bonus® at Discover's exclusive online shopping mall.
There is no yearly limit on the amount of rebates that can be earned, and rebates do not expire as long as the account is active within a 36-month period.
Aside from the rewards program, the card also provides platinum benefits, including online account management, no liability for unauthorized transactions, and discounts on products and services at participating merchants and retailers.
The APR for this card is reasonable, but there is no annual fee and 0% interest on purchases for six months.
Therefore, those who plan to spend over $3,000 a year (to earn the 1% cash rebate), plan to use their Cashback Bonus® award at participating retailers (to earn a full 5% rebate and double cash rebates), and plan to pay in full each month (to avoid costly finance charges) will benefit most from what the Discover® Student Card has to offer.
*It is important to note that like many cash reward cards, the highest rebate offered will not apply to all purchases made with the credit card.
In this case, 1% will be applied only to those purchases made after the cardholder spends over $3,000 in one year, so the overall cash rebate earned will be less than 1%, depending on the amount spent.
For instance, if the cardholder were to spend $4,000, only $1,000 of this amount would be applied towards the 1% rebate.
However, this does not take into account any promotional offers or the full 5% Cashback Bonus® award.
Additional Card Details
Overall Rating
5 Stars
Benefit Rating
5 Stars
Issuer
Discover
Card Type
Discover
Card Status
Platinum
Important Notations
*See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on Discover's website.
Grace Period
25 Days (Min.)
Minimum Limit
n/a
Maximum Limit
n/a
Minimum Deposit
n/app
Over Limit Fee
$15 on balances up to $500; $39 on balances over $500
Cash Advance Fee
3%, $5 minimum
Balance Transfer Fee
None
Application Fee
n/app
Rebate Minimum
.25%
Rebate Maximum
5%
Additional Rebates
Earn a 5% Cashback Bonus® in popular categories that change four times a year like travel, gas, restaurants, movies, and more. Earn a 0.25% rebate at select warehouse clubs and discount stores. Earn up to double Cashback Bonus® at participating Discover Card Partners.
Mile Details
n/app
Miles Per Dollar Spent
n/app
Additional Miles
n/app
Miles Work with FF Program
n/app
Points Per Dollar Spent
n/app
Point Details
n/app
Additional Points
n/app
Approval Bonus
None
First Purchase Bonus
None
Balance Transfer Bonus
None
Other Bonus
None
Bonus Details
None
Additional Perks
Various card designs to select from.
Various Internet account related services.
No liability for unauthorized transactions.
Discounts on products and services at participating merchants and retailers.
See website for additional benefits.