The Discover it Student Cash Back Credit Card is a well-known credit card with a strong money back remunerations program.
The credit card has some pleasant advantages for college participants and has a benchmark 1% money back feature on purchases and a 5% money back feature in quarterly turning classifications.
This card also offers GPA-based incentives for money prizes, among other conveniences. If this card sounds interesting to you, read on to learn more about it, as well as terms for eligibility.
Benefits and Features of a Discover it Student Cash Back Credit Card
With the Discover it for Students credit card, there are merits that learners can appreciate. Learners can switch their accounts on/off instantly. You can relax knowing that you can also freeze your account to avoid fraudulent purchases, balance transfers, and cash advances whenever you misplace your card.
And what about your credit score? Similar to lenders, you can easily access your FICO Credit Score.
The U.S.-based client administration assists you when you call but doesn’t squander your time selling you different items. You can count on the people at Discover to watch over your account and make sure that no suspicious spending activity occurs if your card information or card is stolen.
In terms of rewards, besides the cash back features, students can earn $20 in proclamation credit each school year that their GPA is 3.0 or more for the next five years. Get a tremendous dollar-for-dollar match of all the money back you’ve earned toward the finish of your first year.
Eligibility and How to Apply for a Discover it Student Cash Back Credit Card
To be eligible for this student credit card, you may be required to meet certain qualifications, in addition to being a student at an accredited institution, such as being at least 18 years old and a permanent US resident.
To apply for this card, simply head to the Discover website and give proof, (for example, transcripts) of your occupation as a student. Your record must be on favorable terms when you apply.
If successful in your application, you will be assigned specific terms based on your situation. This offer will last for five years upon opening an account.
Discover it Student Cash Back Credit Card Fees & Charges
- No Annual Fees
- Variable APR – 0% for the first 6 months, after that 15.24% to 24.24% (based on your creditworthiness)
- Balance Transfer Rate – 10.99%intro APR for 6 months from date of first transfer, after that 15.24% to 24.24% (based on your creditworthiness)
- Cash Advance Fee – $10 or 5%, whichever is greater
- Late Payment Fee – No fees the first time you pay late, after that, up to $39
The Discover it Student Cash Back Credit Card is among the extraordinary credit-building devices for youthful people who have nonexistent or spotty credit. By utilizing your card mindfully and making convenient installments on any adjusts you aggregate, you show to future creditors that you’re an accountable client while building your credit card history. Head to the Discover website to start enjoying the perks of this credit card today!