Review
Discover it® Student Chrome Review: Excellent Rewards for Students Building Credit
Looking for your first credit card as a student? The Discover it® Student Chrome offers excellent rewards on gas and dining, plus Discover will match all the cash back you've earned at the end of your first year!
| Annual Fee | $0.00 |
| Regular APR | Purchase APR: 16.49% variable to 25.49% variable. Cash Advance APR: 28.49% variable. |
| 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. |
| Rewards Rate | 2% cash back gas and restaurants |
| Sign-up Bonus | Unlimited dollar-for-dollar match first year |
| 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. |
Overview
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Cashback on purchases
- Generous sign-up bonus
- No credit score requirement
Things to consider
- High regular APR
- Limited rewards categories
- Balance transfer fee
Benefits
Drawbacks
Decision Guidance
Summary
The Discover it® Student Chrome card earns an overall rating of 3.5. This card is a good option for students looking to build credit, primarily due to its accessible nature and reasonable rewards structure. Key strengths include the lack of an annual...