Discover it Student Cash Back Review

Discover it Student Cash Back 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 is everything you need to know to make a good choice.

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases.
• Competitive APRs. Discover it Student Cash Back has a variable purchase APR that ranges from 15.24% up to 24.24%.
• No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
• Student credit card. This card is geared toward students. In other words, college students with limited credit history and low incomes can still apply, especially if they have a cosigner ready to vouch for them.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 640.

The Good	The Bad
Lower than average purchase APRs. 0% APR on new purchases . No annual fee. Has an introductory APR rate on balance transfers of 10.99%. No balance transfer fee. No foreign transaction fee. Earn rewards on every purchase. Discover it Student Cash Back reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.	Does not offer a signup bonus. Does not include many credit card rewards.

Is there a Discover it Student Cash Back cash back or rewards program?

Discover it Student Cash Back is a cashback card. This means you earn a percentage of your purchase as a cash reward.

Discover it Student Cash Back Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus Spend Requirement	$0
Annual Loyalty Bonus	$20

What are the Discover it Student Cash Back benefits?

Discover it Student Cash Back provides the following benefits:

• Zero fraud liability
• Free Credit Report.
• Free Credit Report
• Reports to major credit bureaus

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

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Discover it Student Cash Back has lower than average purchase APRs.

Discover it Student Cash Back has a variable purchase APR that ranges from 15.24% up to 24.24%. The card has a variable balance transfer APR that ranges from 15.24% up to 24.24%. It also has a variable cash advance APR starting at 27.24% .

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

What are the Discover it Student Cash Back fees?

The following fees apply to Discover it Student Cash Back:

• There is no overlimit fee

Discover it Student Cash Back Fees

Fees	Amount
Annual Fee	up to $0
Overlimit Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $37
Late Payment Fee	up to $37

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

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 can help improve your credit score.

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 you're denied click here to find out why your application may have been rejected and what you can do about it.

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.