updated Apr 06, 2016
Here's a detailed review of the Discover it® for Students, one of the best credit cards for students in the US, and I'll tell you what I like and dislike about this card.
0% intro APR* on purchases for 6 months
13.24% - 22.24% Variable*
Here is the cashback calendar for 2016January-March: Gas stations & Ground Transportation. April-June: To be announced. July-September: To be announced.October-December: To be announced.
Here is the cashback calendar for 2016
January-March: Gas stations & Ground Transportation. April-June: To be announced. July-September: To be announced.October-December: To be announced.
Click "Apply Now" to see rewards, rates, FICO® Credit Score terms & other information.
Discover it® chrome for Students is another Discover cash back credit card for students which lets you earn 2% cash back at gas stations and restaurants, on up to $1,000 in combined purchases every quarter with no sign-ups needed. You earn 1% cash back on all your other purchases. That makes this a better choice if you do a lot of driving and eating out, as you will earn a decent rate of cashback in those categories year-round. The rest of the benefits are very similar to what you get with Discover it® for Students. Discover automatically matches all the cash back you've earned at the end of your first year (welcome offer for new cardmembers only), and you can get a rewarded for good grades ($20 cash back each school year in which your GPA is 3.0 or higher, for up to the next 5 years). The 0% intro APR on purchases for 6 months (13.24% - 22.24% variable purchase APR after) and no annual fee is also very similar. The main difference between Discover it® chrome for Students and Discover it® for Students is the way you earn cash back.
Citi ThankYou® Preferred Card for College Students, a partner card, is a student credit card that stands apart from Discover it® for Students because you earn rewards points instead of cash back. This card has no annual fee, just like Discover it® for Students, but it does have a foreign transaction fee (the Discover card does not) and it also has a penalty fee and APR (Discover it® for Students has no late fee charges on your first late payment and paying late won't increase your APR. But Citi ThankYou® Preferred Card for College Students has a lot of travel and shopping benefits which you don't get with the Discover card. If you are more interested in things like price protection and travel insurance than you are in cash back, then this card could work well for you. Instead of cash back you earn 2X ThankYou® Points on entertainment and dining out, and 1X ThankYou® Points on other purchases. You can redeem these points in many different ways.
Discover it® for Students is, in our opinion, the most powerful cash back credit card for students that you can get.
Discover it® for Students is a good choice for those who want to earn cash back rewards. If you are financially responsible enough to pay off your balances in full each month, and would like to take advantage of your college years to start building your credit history, then you should consider this card. As long as you pay in full every month on time, you won't incur any interest charges. This card has a promotion for new sign-ups: You get 0% intro APR on purchases for 6 months, so if you plan to buy something and then pay it off within the first 6 months, you can do so interest-free.
One of the best features this card is the fact that if you are a good student you can be rewarded as a new cardmember you will will earn $20 cash back each year (up to the next 5 years) in which your GPA is 3.0 (or higher). We would definitely recommend Discover it® for Students if you are a student looking for a credit card to help build your credit.
Click here to go to the secure Discover website and apply for Discover it® for Students now
Katrina Gutierrez is a writer at GET.com, a lifestyle and personal finance website. Email: email@example.com.
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Cards are rated by our team based primarily on the basis of value for money to the cardholder. The GET.com team rates each card based on its annual fee, rewards, benefits, bonus, introductory APR, ongoing APR, flexibility (in how its benefits can be used and how rewards are earned and redeemed), and other card features.