Discover it Student Cash Back
in Personal Credit Cards from Discover Bank
Would you recommend Discover it Student Cash Back to your friends?
| Community Rating |
Rating not yet determined |
| 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 |
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.
- 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 rewards card. It gives you rewards 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 up to 5% on balance transfers. For example, a balance of $1,000 could cost up to $50 in transfer fees.
- $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 |
|---|---|
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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. With Discover it Student Cash Back you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 5% for purchases in a bonus category.
| Rewards rate (all purchases) | 1% |
| Max rewards rate | 5% |
| Annual rewards limit | N/A |
| Signup Bonus ($) | N/A |
| Annual Loyalty Bonus | $20 |
Does Discover it Student Cash Back have a signup bonus?
Discover it Student Cash Back doesn't offer a cash signup bonus.Does Discover it Student Cash Back offer an annual loyalty bonus?
Yes, Discover it Student Cash Back offers card users an annual bonus worth up to $20.
What are the Discover it Student Cash Back benefits?
Discover it Student Cash Back provides the following benefits:
- 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 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 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 introductory APR offer on balance transfers?
Yes, Discover it Student Cash Back offers an introductory APR rate on balance transfers of 10.99% for a period of up to 6 months.
| Description | |
|---|---|
| Balance Transfer APR | 12.99% - 21.99% |
| Balance Transfer Introductory APR | 10.99% |
| Balance Transfer Intro APR Period (months) | 6 |
| Balance Transfer Fee % | 5% |
| Balance Transfer Fee % After Intro Period | N/A |
| Balance Transfer Fee Intro Period (days) | N/A |
| Balance Transfer Fee Minimum | N/A |
Does Discover it Student Cash Back have an introductory APR offer on new purchases?
This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 6 months.
| Description | |
|---|---|
| Introductory Rate | 0% |
| Purchase Intro APR Period (months) | 6 |
What are the fees for Discover it Student Cash Back?
The following fees apply to Discover it Student Cash Back:
- There is no overlimit fee
| Fees | Amount |
|---|---|
| Annual Fee | $0 |
| Overlimit Fee | $0 |
| Foreign Transaction Fee | 0% |
| Returned Payment Fee | up to $40 |
| Late Payment Fee | up to $40 |
Does Discover it Student Cash Back have a foreign transaction fee?
Discover it Student Cash Back does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.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.
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.
Contact
- Headquarters
-
502 E. Market Street
Greenwood, DE 19950 - (800) 347-2683
- Visit Site
Other Services by Discover Bank
Availability
- 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. |
Discover it Student Cash Back Community Reviews
Would you recommend Discover it Student Cash Back to your friends?
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