Review
Discover it® Student Cash Back Review: Great Rewards for Students New to Credit
Looking for a student card that rewards you? The Discover it® Student Cash Back card lets you earn an impressive 5% cash back on everyday categories and matches all cash back earned in your first year!
| Annual Fee | $0.00 |
| Regular APR | Then 16.49% to 25.49% Standard Variable Purchase APR will apply. 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 | 5% cash back on everyday purchases |
| Sign-up Bonus | Unlimited dollar-for-dollar cash back match |
| 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
- Generous sign-up bonus
- Cashback on purchases
- Rotating bonus categories
- Low credit score requirement
Things to consider
- High regular APR
- High balance transfer fee
Benefits
Drawbacks
Decision Guidance
Summary
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 attrac...