Are you looking for a credit card that will give you the perks of student discounts? Discover it Student Cash Back credit cards are great for any student that is graduating. The Discover it Student Cash Back Credit Card is one of the best Student Credit Cards on the market right now. Offering the best student card rewards program on the market will help you stay on track with your school expenses and save even more money!
What is Discover it Student Cash Back Credit Card?
The Discover it Student Cash Back Credit Card is a credit card designed specifically for college students. With this card, students can earn cash back on every purchase they make.
This makes it a great way to save money while still being able to enjoy all the perks of having a credit card. It’s a great way to get started with credit, and it can help you build your credit history.
What is the best type of card for first-time credit card users?
There is no definite answer as to what the best type of credit card is for first-time users. It may depend on the individual’s circumstances. For college students, the best credit cards are usually those with no annual fee.
Credit card companies have different criteria when it comes to approving someone for a student credit card, and they generally don’t require the same level of credit history or income as they would for a standard consumer card.
The best credit cards for college students are also widely available. With rewards on every purchase, you’ll have the opportunity to track your credit score over time with these cards.
If you’re not a college student and are using a credit card for the first time, then you may want to consider a secured card that requires a security deposit when approved. Secured cards are an excellent way to build your credit history while still using your card.
Discover it Student Cash Back Credit Card Rewards
You’ll earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations when you pay using PayPal, up to the quarterly maximum when you activate.
Plus, you’ll earn unlimited 1% cash back on all other purchases – automatically. So whether you’re buying textbooks or groceries, filling up your gas tank or eating out with friends, you’ll be earning cashback on everything you buy.
And if you’re paying off your balance in full each month, you won’t have to worry about interest charges either.
Discover it Student Cash Back Credit Card Bonus
This card offers an automatic cash-back match at the end of your first year, so you could turn $50 cash back into $100. Or $100 into $200. There’s no minimum spending or maximum rewards, so you can use your card however you like and still get the most out of it.
Discover it Student Cash Back Credit Card Annual fee
There’s no annual fee, so you can keep using your card year after year without having to worry about paying any extra fees.
Discover it Student Cash Back Credit Card Foreign transaction fee
There’s no foreign transaction fee, so you can use your card abroad without any extra fees.
Discover it Student Cash Back Credit Card APR
With 0% intro, APR on Purchases for 6 months and 10.99% intro APR on Balance Transfers for 6 months, it’s a great way to save money on interest. And then the ongoing APR of 15.99%-24.99% Variable APR is very reasonable.
Pros and Cons of Discover it Student Cash Back Credit Card
Pros
- This card offers numerous benefits that make it perfect for students. First of all, payments are reported to the three major credit bureaus, which helps you build credit.
- Additionally, there is no late fee on your first late payment, and you can access your Credit Scorecard to track your progress.
- Plus, if your social security number is ever found on the dark web, you’ll be alerted so you can take action to protect yourself.
- And if your card ever goes missing, you can easily block new purchases, balance transfers and cash advances remotely from the issuer’s online portal or app.
- Plus, if you need to replace your card, Discover offers free overnight shipping. All of these features make the Discover it Student Cash Back Credit Card one of the best credit cards for students in 2022.
Cons
- Complicated rewards
Discover it Student Cash Back Credit Card bonus rewards categories
The Discover it Student Cash Back card offers the same great rewards as Discover’s regular cash-back credit cards, but with even more value for students.
For an annual fee of $0, you get 5% cash back in categories that change every three months, on up to $1,500 in spending per quarter.
Plus, you’ll earn 1% cash back on all other purchases. The 5% cash back categories tend to be everyday expenses like gas and groceries, making it easy to rack up rewards.
And if you sign up for the Discover Deals program, you’ll get even more savings at your favourite stores. The current categories include:
(Jan. 1–March 31) – • Grocery stores* • Fitness clubs and gym memberships
(April 1–June 30) – • Gas stations • Target
(July 1–Sept. 30) – • Restaurants • PayPal
(Oct. 1–Dec. 31) – Amazon.com Digital wallets
Conclusion
The Discover it Student Cash Back Credit Card is a great way to get cash back on your purchases. Use the Cash Back Machine often, get most of the cash back for free, and track your progress to get even more in return.
Discover it Student Cash Back Credit Card is one of the best student credit cards on the market. With no annual fee, this card offers a variety of benefits, including cash back and free travel.
Use the Discover it Student Cash Back Credit Card to join the millions of college students who are already enjoying this credit card’s benefits.
Overall, this is a great card for students who are looking to save on their education costs and get some amazing benefits in return.
Thanks for reading. Let me know if you have doubts.
Discover it® Student Cash Back Credit Card
Earn Top-Tier Rewards and Build a Credit History
FAQ
How can I remember to pay my credit card bills on time?
If you’re like most people, you probably don’t enjoy paying your credit card bills. But if you’re not careful, it can be easy to let those bills get away from you. Fortunately, Discover offers a few different ways to help you stay on top of your payments.
First, you can sign up for email or text alerts that will let you know when your statement is available, your minimum payment is due, or your payment has been posted.
You can also set up balance transfer and merchant refund alerts, so you’ll be immediately notified if there’s any activity on your account. And if your card is ever declined, you’ll get an alert about that too.
With all of these tools at your disposal, there’s no excuse for letting your credit card bills get out of control. So take advantage of them and make sure you always pay on time!
How can I increase my credit line on a student credit card?
If you have a student credit card, you may be wondering how you can increase your credit line. After all, once you graduate, you’ll likely be working full-time and will need access to more credit.
Fortunately, it’s easy to update your income and housing information with your credit card issuer. Simply call them and let them know that you’ve graduated and are now working full-time.
They’ll likely be able to increase your credit line accordingly. So don’t wait until after you graduate to give them a call – do it now and enjoy the extra financial flexibility!
What happens to my Discover it Student Cash Back Credit Card when I graduate from school?
When you graduate from college, your Discover it Student Cash Back Credit Card card will automatically become a standard Discover credit card.
You’ll keep the same great cash-back program and card design, and you may even qualify for a credit line increase to help manage expenses more easily after school. Just be sure to let Discover know about your new income after graduation.
Why should I get a Discover it Student Cash Back Credit Card?
There are plenty of good reasons to get a Discover Student Credit Card. For one thing, it can help you build your credit history.
And for another, you can earn cash back rewards on purchases you make with the card. That’s not to mention the fact that the Discover it Student Cash Back Credit Card comes with a lot of other great benefits, like 0% APR for six months on purchases and balance transfers, and no annual fee.
So if you’re looking for a credit card that can help you out in a lot of different ways, a Discover it Student Cash Back Credit Card is definitely worth considering.
How can I build credit responsibly with Discover it Student Cash Back Credit Card?
If you’re looking to build credit, using a Discover it Student Cash Back Credit Card is a great way to do it. Here are some tips to help you build your credit responsibly: Make all payments on time – This is one of the most important things you can do to build your credit.
By paying your bills on time, you’re showing creditors that you’re reliable and responsible. Try to pay more than the minimum each month – If you can’t pay your balance in full each month, try to at least pay more than the minimum.
This will help reduce your overall debt and show creditors that you’re working towards paying off what you owe. Avoid carrying a balance – Paying your balance in full each month is the best way to avoid paying interest on purchases.
If you carry a balance, you’ll be charged interest on any new purchases, which can add up quickly. By following these tips, you can build your credit responsibly with a Discover it Student Cash Back Credit Card.
How can I compare student cash-back credit cards?
When it comes to choosing a student cash-back credit card, there are a few things you’ll want to compare.
First, look at the percentage of cash back each card offers. This will give you an idea of how much money you can earn back on your purchases.
Next, check whether there’s an annual fee. Some cards charge an annual fee, which can eat into your cash-back earnings.
Finally, take a look at the APR you’ll pay on purchases. If you plan to travel outside the U.S., make sure to check for foreign transaction fees.
The Discover it Student Cash Back Credit Card is a great option because it has no annual fee and offers a low intro APR.
How does cashback work on a Discover it Student Cash Back Credit Card?
Cashback is a great way to earn a little bit of money back on your credit card purchases. Basically, after you make a purchase with your credit card, you’ll receive a percentage of that purchase price back in the form of cash rewards.
For example, if you spend $50 on coffee for your study group using your credit card, you may earn 1% cash back on that purchase, which would give you $0.50 in cash-back rewards.
To redeem your cash-back rewards, you can typically do so by making bank deposits, statement credits, or purchasing gift cards from popular retailers.
Some credit cards even offer higher percentages of cash back on certain categories of purchases, like travel or groceries. So if you’re someone who spends a lot in those areas, it’s definitely worth looking into a card that offers more cash back in those categories.
What do I need to apply for a Discover it Student Cash Back Credit Card?
When you’re ready to apply for a Discover card, there are a few things you’ll need to have on hand.
First, you must be at least 18 years old. You’ll also need a U.S. address and Social Security number. In addition, you’ll need to provide all the required information requested in your Discover application.
Finally, you’ll need to show proof of education by providing transcripts or other documentation indicating that you’ve completed high school or college. If you have all of these things, you’re well on your way to getting a Discover card!
What is the minimum credit score to get approved for a Discover it Student Cash Back Credit Card?
If you’re wondering what the minimum credit score is to get approved for a Discover student credit card, unfortunately, Discover doesn’t share that information publicly.
However, they do consider other factors in addition to credit scores when determining whether or not to approve a student credit card application.
So although we don’t know exactly what the minimum credit score is, we do know that it’s just one of many things that Discover looks at when making a decision.
Of course, if you’re a student and you’re looking for a great credit card to help you build your credit history, Discover has two excellent options for you. So even if you don’t have the highest credit score, you may still be able to get approved as long as the other factors in your application are strong.
So don’t give up hope if your credit score isn’t perfect – there’s still a chance you can get approved for a Discover student credit card.
Why should I care about building a credit history?
There are a few key reasons why you should care about building a credit history.
First, your credit score is used to predict how likely you are to pay back the borrowed credit. Companies use credit scores to make decisions in offering credit cards, car loans, mortgages, or other credit products.
If you have a good credit score, you’re more likely to be approved for these products and get better interest rates. Second, good credit history can save you money.
If you need to borrow money in the future, having a good credit history will help you get better terms and lower interest rates. Finally, good credit history can help you in unexpected ways.
For example, if you’re ever applying for a job, many employers will check your credit score as part of the hiring process. So even if you’re not planning on borrowing any money in the near future, it’s still important to build up a good credit history.
How can I build credit responsibly with a Discover it Student Cash Back Credit Card?
With a Discover it Student Cash Back Credit Card, you can build credit responsibly in several ways.
First, make all payments on time. This means paying your balance in full each month or making more than the minimum payment.
Second, avoid carrying a balance by paying your balance in full and on time each month. This will help you avoid paying interest on purchases.
Finally, use your credit card wisely by making smart financial choices and only spending what you can afford to pay back.
By following these simple tips, you can build credit responsibly with a Discover it Student Cash Back Credit Card.
How can I make a payment on my account?
There are a few different ways that you can make a payment on your account with Discover. The first way is to log into your account centre and click on the “Make a Payment” option.
This will allow you to make a one-time payment in the amount that you choose. Another way to make payments on your account is by setting up Direct Pay.
This will automatically deduct the amount you choose each month from your bank account and apply it to your Discover card balance.
Payments can also be made online, through our mobile app, or by calling them at 1-800-DISCOVER. If you have any questions about making a payment on your account, then their customer service representatives would be more than happy to assist you.
Can you get the Discover it Student Cash Back Credit Card with no credit history?
Discover it Student Cash Back Credit Card does not require a FICO credit history, although you have to meet other eligibility standards, including having sufficient income.
So if you’re wondering “Can you get the Discover it Student Cash Back with no credit history?”, the answer is yes! Just keep in mind that you’ll need to meet other requirements in order to be eligible for this card.
Does the Discover it Student Cash Back Credit Card have a rewards limit?
No, there is no rewards limit on the Discover it Student Cash Back card. You can earn an unlimited amount of cash back, even after you hit the quarterly cap on bonus spending.
In addition to the bonus cash back, you also earn 1% cash back on all other purchases. So, whether you’re buying textbooks or groceries, you’re still earning cash back.
Do you have to be a student to get the Discover it Student Cash Back Credit Card?
No, you don’t have to be a student to get the Discover it Student Cash Back Credit Card. However, you must be enrolled at a two- or four-year college or university to be eligible for the card.
The Discover it Student Cash Back Credit Card is a great way to earn cash back on your purchases, and it’s especially beneficial for students who are looking to build their credit. If you’re not a student, there are plenty of other great cash-back credit cards available that may better suit your needs.
How long does it take to get approved for the Discover it Student Cash Back Credit Card?
If you’re wondering how long it will take to get approved for the Discover it Student Cash Back Credit Card, the answer is usually within 60 seconds.
However, if a further review of your application is needed, it can take up to 30 days to receive a decision. In most cases, though, you’ll have the decision within 5 to 7 days.
So if you’re thinking about applying for this credit card, rest assured that you won’t have to wait very long to find out whether or not you’ve been approved.
What’s the difference between Discover it Cash Back and Discover it Student Chrome Card?
The Discover it Cash Back card offers a higher cash-back rate on bonus spending categories that alternate every quarter. So, if you’re the type of person who likes to change up your spending habits frequently, this card might be a good fit for you.
However, the Discover it Student chrome card offers a lower cash-back rate but the spending categories don’t change throughout the year. This could be better suited for students who want to know exactly what they’re getting each and every month.