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  Discover it Student Cash Back

Discover it Student Cash Back

in Personal Credit Cards from Discover Bank

Claimed

Discover it Student Cash Back

Claimed

in Personal Credit Cards from Discover Bank

SuperMoney Net Recommendation Score +100

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

10 users recommend
0 users are unsure
0 users don't recommend
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Highlights
Community Rating Strongly recommended
Purchase APR  (Variable APR) 12.99% - 21.99%
Balance Transfer APR  (Variable APR) 12.99% - 21.99%
Credit Score Range 640 - 850
Annual Fee $0
Number of Reviews 10

Discover it Student Cash Back Review

This is a cashback credit card issued by Discover Bank. If you're wondering whether Discover it Student Cash Back is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

Key Takeaways
  • Generous reward rate. You will get a cashback rewards rate of up to 5%.
  • 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
  • Competitive APRs. Discover it Student Cash Back has a variable purchase APR that ranges from 12.99% up to 21.99%.
  • No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your purchases, but you don't have to pay an annual fee for the privilege.
  • 5% Balance transfer fee. Discover it Student Cash Back charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees.
  • No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
  • Fair or better credit required. You will have good approval oods if your credit score is above640.
Pros & Cons of Discover it Student Cash Back
The Good The Bad
  • Lower than average purchase APRs.
  • Has an introductory APR rate on balance transfers of 10.99%.
  • 0% APR on new purchases during the first 6 months.
  • No annual fee.
  • Free access to your credit score.
  • No foreign transaction fee.
  • Cardholders can earn rewards on their purchases.
  • Discover it Student Cash Back reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Charges a 5% balance transfer fee.
Discover it Student Cash Back FAQ

Does Discover it Student Cash Back have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 5% for purchases in a bonus category.

Discover it Student Cash Back Rewards
Minimum rewards rate 1x
Max rewards rate 5x
Annual rewards limit N/A
Annual Loyalty Bonus $20

Does Discover it Student Cash Back have a signup bonus?

This card doesn't offer a cash signup bonus.

Does Discover it Student Cash Back offer an annual loyalty bonus?

Yes, it offers cardholders an annual bonus worth up to $20.

What are the Discover it Student Cash Back benefits?

It provides the following benefits:

  • Free Credit Score
  • Zero fraud liability
  • Free Credit Report.
  • Free Credit Report
  • No blackout dates when redeeming miles
  • Reports to major credit bureaus

What are the relevant APRs for Discover it Student Cash Back?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. It has lower than average regular APRs.

It has a variable purchase APR that ranges from 12.99% up to 21.99%. The card has a variable balance transfer APR that ranges from 12.99% up to 21.99%. It also has a variable cash advance APR of 24.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

Does Discover it Student Cash Back have an intro APR offer on balance transfers?

Yes, it offers an intro APR rate on balance transfers of 10.99% for a period of up to 6 months.

Discover it Student Cash Back Balance Transfers
Description
Balance Transfer Introductory APR 10.99%
Balance Transfer Intro APR Period 6 months
Balance Transfer APR 12.99% - 21.99%
Balance Transfer Fee % 5%

Does Discover it Student Cash Back have an intro APR offer on new purchases?

Discover it Student Cash Back Purchase Intro Offer
Description
Introductory Rate 0%
Purchase Intro APR Period 6 months

This card does offer an intro APR rate of 0% on qualified purchases for a period of up to 6 months.

What are the fees for Discover it Student Cash Back?

The following fees apply:

  • There is no overlimit fee
Discover it Student Cash Back Fees
Fees Amount
Annual Fee $0
Overlimit Fee $0
Foreign Transaction Fee 0%
Returned Payment Fee up to $40
Late Payment Fee up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.

Does Discover it Student Cash Back have a foreign transaction fee?

This card does not charge foreign transaction fees. If you are a frequent traveler, avoiding foreign transaction fees can save you hundreds of dollars in fees when you travel out of the country.

What is the customer service phone number for Discover it Student Cash Back?

The Discover it Student Cash Back customer service number is (800) 347-2683.

How do people rate the customer service and user experience of Discover it Student Cash Back?

Overall, Discover it Student Cash Back is strongly recommended based on community reviews that rate customer service and user experience.

Does Discover it Student Cash Back report your account activity to credit bureaus?

Yes, Discover it Student Cash Back reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Discover it Student Cash Back

  • Visit the Discover it Student Cash Back website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Every Purchase (Points) Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more.
Introductory Rate 0%
Purchase Intro APR Period (Variable APR) 6 months
Foreign Currency Transaction Fee 0%
No Annual Fee
No Foreign Transaction Fee
Annual Fee $0
Over-Limit Fee $0
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Up to 5%
Minimum Cash Advance Fee ($) Starting at $10
Minimum Interest Charge $0.50
Returned Payment Fee Up to $40
Late Fee Amount Up to $40
Customer Type Student
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
  • Tax Returns
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
  • Unemployed
  • Other
Immigration Status Considered
  • U.S. Citizen
Credit Score Range 640 - 850
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Credit Card Benefits
  • Fraud Liability
  • Free Credit Report
  • Free Credit Score
Annual Loyalty Bonus $20
No Reward Expiration Period
No Blackout Dates
Rewards Categories
  • 5% Cash Back on Amazon Purchases
  • 5% Cash Back on Gas
  • 5% Cash Back on Restaurants
  • 1% Cash Back on Every Purchase
  • 5% Cash Back on PayPal Purchases
Cash Advance APR (Variable APR) 24.99%
Balance Computation daily balance (including new transactions).
Penalty APR (Variable APR) 0%
Purchase APR (Variable APR) 12.99% - 21.99%
Balance Transfer Introductory APR (Variable APR) 10.99%
Balance Transfer Intro APR Period (Variable APR) 6 months
Balance Transfer APR (Variable APR) 12.99% - 21.99%
Balance Transfer Fee % 5%
Card Type
  • Cashback
  • Rewards
  • Student
  • Zero Percent
Card Network Discover

Discover it Student Cash Back Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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