Discover
Discover it® Student Cash Back
Key Features
| Annual Fee | $0.00 |
| Intro APR | Purchase APR: 0% intro rate for 6 months, then 16.49% variable to 25.49% variable. Balance Transfer APR: 10.99% intro rate for 6 months, then Purchase APR applies. |
| Regular APR | Then 16.49% to 25.49% Standard Variable Purchase APR will apply. Cash Advance APR: 28.49% variable. |
| Other Fees | Minimum interest charge: $.50. Cash advance fee: greater of $10 or 5% of the advance amount. Balance transfer fee: 3% Intro fee of the amount transferred; 5% fee for future transfers. |
| Network | Discover |
About this card
The Discover it® Student Cash Back card is a solid choice for students, balancing a strong rewards program with a potentially high APR. The standout features are the rotating 5% cash back categories and the first-year cashback match, making it attractive for students who can manage the rotating categories. The absence of an annual fee is also a major plus. However, the high regular APR is a significant drawback, especially for students who might carry a balance. The card's reputation is excellent, and it's clearly targeted towards students building credit. Considering the rewards, fees, and APR, a 3.6 rating reflects a 'Good' overall assessment. While the rewards are excellent, the high APR prevents a higher rating. The card is well-suited for its target audience but requires responsible use to avoid high-interest charges.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Generous sign-up bonus
- Cashback on purchases
- Rotating bonus categories
- Low credit score requirement
Things to consider
- High regular APR
- High balance transfer fee
What this card offers
Sign-up bonuses
- Get an unlimited dollar-for-dollar match of all the cash back you earn at the end of your first year, automatically. There is no limit to how much we'll match. So you could turn $50 cash back to $100. Or you could turn $100 cash back to $200.
Rewards
- Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn 1% cash back on all other purchases.
- Earn 5% Cashback Bonus at Grocery Stores, Wholesale Clubs, and Select Streaming Services, now to March 31, 2026, on up to $1,500 in purchases when you activate.
Other features
- No credit score required to apply
- Build credit with responsible use
- 99% nationwide acceptance — Discover is accepted nationwide by 99% of places that take credit cards.
- $0 Fraud Liability Guarantee
- You're never responsible for unauthorized purchases on your Discover Card.
Additional Notes
Rates as of December 31, 2025.