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Rewards rate

5%
Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.
1%
Earn unlimited 1% cash back on all other purchases - automatically.

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At A Glance

Balance transfer intro APR
10.99% for 6 months

Overall rating

Rating methodology
Introductory Offer
4.6
Rewards Program
1.9
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Issuer Customer Experience
5.0

Why we like this card

The Discover it® Student Cash Back touts one of the most lucrative rewards programs for students on the market. Cardholders earn 5% cash back on rotating quarterly bonus categories, up to $1,500 per quarter, then 1% (enrollment required) and unlimited 1% on general purchases. On top of that, Discover will match all the cash back you earn in your first year at the end of it.

Read the full review

Pros

  • The card carries no annual fee.
  • Discover offers a number of consumer-friendly terms, including a low(ish) APR range (variable 12.99% to 21.99%), no penalty APR and no foreign transaction fees.

Cons

  • Tracking and enrolling in quarterly bonus cash back categories might not come naturally to credit newbies.
  • The chance to earn uber-rewards could prove distracting to some students focused on building credit.

Bottom Line

Students hoping to earn rewards while building credit will be hard-pressed to find a better offer than the Discover it® Student Cash Back.

  • Intro Offer: Unlimited Cashback Match - only from Discover. Discover will automatically match all the cash back you've earned at the end of your first year! So you could turn $50 cash back into $100. Or turn $100 into $200. There's no minimum spending or maximum rewards. Just a dollar-for-dollar match.
  • Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Earn rewards while building your credit history that can help you after graduation. And, get your free Credit Scorecard that includes your FICO® Credit Score and important details that help make up your score.
  • No annual fee. No late fee on first late payment. No APR change for paying late.
  • Refer-a-Friend: Once you become a Discover it® Student cardmember, you can earn a statement credit each time you refer a friend and they're approved. Over half a million students got Discover Cards from their friends' recommendations.
  • Freeze It® on/off switch for your account that prevents new purchases, cash advances & balance transfers in seconds.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
  • Discover is accepted nationwide by 99% of the places that take credit cards.
  • 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 12.99% - 21.99% applies.
  • Click 'Apply Now' to see rewards, FICO® Credit Score terms, Cashback Match™ details & other information.

Rates & Fees

Annual Fee
$0
Regular APR
12.99% - 21.99% Variable
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  • How To Break Up With A “Situationship” - A situationship is, essentially, a relationship without a clear definition or label. It's somewhere between 'friends with benefits' and a committed relationship, but without both sides knowing where they stand. Lack of clarity is the key factor – if you don't know what to call this situation you're in with someone, it's probably a situationship.
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  • How Does the Perception of Sex Differences Between Men and Women? - Sex is an essential part of the man-woman relationship. While it is not exclusive to just humans, you can easily feel that it’s different from humans. Particularly in the way that men and women perceive sex as being very different. Although the physiological process underlying sex and sexual arousal in both genders is the same, the subjective sexual experience in males and women is quite different. While men will love to have sex, not minding certain conditions, women love to do it only when the conditions are right. This is a stereotype, but how true is it? Is it also common knowledge that the sexual drive of men is higher than those of women?
  • Set Boundaries Earlier on in Relationships, and Save Yourself Heartache, Energy and Money - The internet is filed with articles about the importance of setting boundaries. Well-meaning as they are, most don’t paint a clear picture of how boundaries actually work, and more importantly, why we willingly relinquish power and our self-respect to partners. I've heard of countless stories of guys who failed to read the red flags and set boundaries, all because they feared their women would leave them. But guess what, you’re probably better off without a woman who displays these signs.
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