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Discover® Student Card

Discover® Student Card

Issuer: Discover Annual Fee: $0
Intro Rate: 0% for 6 Months on Purchases Applied Towards Purchases
APR for Purchases: 16.99% Variable
  • More Ways to Earn More Cash than Anyone Else(SM)*
  • Unlimited Cash Rewards, Automatically
  • Up to 20% Cashback Bonus® When You Shop Online*
  • Double Rewards with More than 100 Cashback Bonus Partners*
  • Customer Service in Less than a Minute, Anytime You Want

The Discover® Student Card, issued by Discover, is designed for those with very good credit who are looking for a cash reward credit card.

Through the reward program, cardholders earn a 5% rebate for purchases made in popular categories that change four times a year like travel, gas, restaurants, movies, and more. Plus, cardholders earn up to 1% for general purchases.

Those who spend up to $1,500 on general purchases will receive a .25% rebate, between $1,500 and $3,000 will receive a .5% rebate, and over $3,000 will receive a 1% rebate.*

Cardholders also earn a 0.25% rebate at select warehouse clubs and discount stores, and they can earn a double Cashback Bonus® for redeeming their rebates for gift certificates from participating Discover Card Partners. 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 reward 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.


Review Date: May 1st, 2007

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