Discover it® Student Cash Back

Disclaimer: The information for the Discover it® Student Cash Back has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

In-Depth Review

Discover it® Student Cash Back is a Personal Discover Network card with $0 annual fee.

	Intro APR	Intro Period as long as	Regular APR
Purchases	0%	6 months	19.49% Variable
Balance Transfers	10.99%	6 months	19.49% Variable

Rewards & Benefits

Student
Get $20 statement credit each school year your GPA is 3.0 or higher for up to the first 5 years from account opening.

Read: How to Pay for College

Introductory Bonus Cash Back
Discover will match all the cash back you've earned at the end of your first year (only for new cardmembers).

Compare: Discover Student It Card vs Blue Cash Everyday

Cash Back Rewards
1% cash back on all other purchases.

Read: Household Spending Statistics

Bonus Cash Back
5% cash back on up to $1,500 in purchases in rotating categories that change each quarter (requires free and easy sign-up for 5% Cashback Bonus)*
Limitations apply*. See issuer's website for additional program details.
Bonus Categories for 2019:
October - December 2019: Amazon.com, Target and Walmart.com
Bonus Categories for 2020:
January - March 2020: Grocery Stores, Walgreens & CVS
April - June 2020: Gas Stations, Uber, Lyft & Wholesale Clubs
July - September 2020: Restaurants & PayPal
October - December 2020: Amazon.com, Walmart.com & Target.com

$0 Fraud Liability

Read: Credit Card Fraud Statistics

Compare: Discover Student It Card vs Gold Delta SkyMiles

Smart Chip

Read: What Are Chip Credit Cards

Interest Rates & Interest Charges

Annual Percentage Rate (APR) for Purchases
0% introductory APR for 6 months. After that, your APR will be 19.49% Variable based on your creditworthiness and other factors.
Annual Percentage Rate (APR) for Balance Transfers
10.99% introductory APR for 6 months. After that, your APR will be 19.49% Variable based on your creditworthiness and other factors.
Paying Interest for Purchases
You usually have at least 25 days after the close of each billing cycle to pay your entire balance to avoid interest. If you are charged interest, the charge will be no less than $0.50

Fees

Annual Fee
$0 annual fee
Balance Transfer Transaction Fee
3% of the amount of each transfer.
Cash Advance Transaction Fee
Either $10.00 or 5% of the amount of each cash advance, whichever is greater.
Foreign Transaction Fee
No foreign transaction fee
Late Payment Fee
None the first time you pay late. After that, up to $39.
Returned Payment Fee
Up to $39

	Discover it® Student Cash Back	Journey® Student Rewards from Capital One®
	Interest Rates and Fees
Introductory APR for Purchases	0% introductory APR for 6 months	N/A
Introductory APR for Balance Transfers	10.99% introductory APR for 6 months	N/A
Purchase APR	19.49% Variable based on your creditworthiness and other factors	26.99% (Variable) based on your creditworthiness and other factors
Balance Transfers APR	19.49% Variable based on your creditworthiness and other factors	26.99% (Variable) based on your creditworthiness and other factors
Balance Transfer Fee	3% of the amount of each transfer.	No balance transfer fee
Annual Fee	$0 annual fee	$0 annual fee
	Benefits and Features
Student	Student: Get $20 statement credit each school year your GPA is 3.0 or higher for up to the first 5 years from account opening.
Introductory Bonus Cash Back	Introductory Bonus Cash Back: Discover will match all the cash back you've earned at the end of your first year (only for new cardmembers).
Cash Back Rewards	Cash Back Rewards: 1% cash back on all other purchases.	Cash Back Rewards: Earn 1% cash back on all purchases. If you pay on time, you can boost your cash back to a total of 1.25% for that month.
Bonus Cash Back	Bonus Cash Back: 5% cash back on up to $1,500 in purchases in rotating categories that change each quarter (requires free and easy sign-up for 5% Cashback Bonus)* Limitations apply. See issuer's website for additional program details. Bonus Categories for 2019:* October - December 2019: Amazon.com, Target and Walmart.com Bonus Categories for 2020: January - March 2020: Grocery Stores, Walgreens & CVS April - June 2020: Gas Stations, Uber, Lyft & Wholesale Clubs July - September 2020: Restaurants & PayPal October - December 2020: Amazon.com, Walmart.com & Target.com
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Discover Student It Card: Pricing information including interest rates, rewards, benefits and fees was obtained on December 2, 2019 from published websites and is believed to be accurate, but not guaranteed. Capital One Journey: Pricing information including interest rates, rewards, benefits and fees was obtained on October 1, 2019 from published websites and is believed to be accurate, but not guaranteed. Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Disclaimer: The information for the Discover it® Student Cash Back and Journey® Student Rewards from Capital One® has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

Complete Card Details

Pricing information including interest rates, rewards, benefits and fees was obtained on December 2, 2019 from published websites and is believed to be accurate, but not guaranteed.
While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the issuer's website.

Editorial Note: This content is not provided by Discover. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Discover.

Articles on Discover it® Student Cash Back

Discover Student Card Review

January 18, 2013 - By David R - Reviews

College students looking to build credit, earn cash back, and pay no annual fee should consider the Discover It Student Cash Back. With the combined generous rewards program, intro APR on new purchases and no late fee on the first late payment, it's clear to see why this Discover student credit card is among the most popular offers for college students on the market today.

Recent Mentions

Compare Discover Student It Card to:

Journey® Student Rewards from Capital One®
Intro APR for Purchases	Intro APR for Balance Transfer	Regular APR	Annual Fee
N/A	N/A	26.99% (Variable)	$0

Discover it® Cash Back
Intro APR for Purchases	Intro APR for Balance Transfer	Regular APR	Annual Fee
0% for 14 months	0% for 14 months	13.49% - 24.49% Variable	$0

Discover it® Student chrome
Intro APR for Purchases	Intro APR for Balance Transfer	Regular APR	Annual Fee
0% for 6 months	10.99% for 6 months	19.49% Variable	$0

Blue Cash Everyday® Card from American Express
Earn a $150 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months. 3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%). 2% Cash Back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases. Low intro APR: 0% for 15 months on purchases and balance transfers, then a variable rate, currently 14.49% to 25.49%. Over 3 million more places in the U.S. started accepting American Express® Cards in 2017 and 2018. Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise. No annual fee. Terms Apply. See Rates & Fees
Intro APR for Purchases	Intro APR for Balance Transfer	Regular APR	Annual Fee
0% on Purchases for 15 months	0% on Balance Transfers for 15 months	14.49% - 25.49% Variable	$0

Gold Delta SkyMiles® Credit Card from American Express
Earn 30,000 bonus miles after you use your new Card to make $1,000 in purchases within your first 3 months and a $50 Statement Credit after you make a Delta purchase with your new Card within your first 3 months. Earn 2 miles on every eligible dollar spent on purchases made directly with Delta. Earn 1 mile for every eligible dollar spent on purchases. Check your first bag free on Delta flights -that's a savings of up to $240 for a family of 4 roundtrip. Receive Main Cabin 1 Priority Boarding on Delta flights, stow your carry-on bag and settle in sooner. Enjoy a $0 introductory annual fee for the first year, then $95. Terms Apply. See Rates & Fees
Intro APR for Purchases	Intro APR for Balance Transfer	Regular APR	Annual Fee
N/A	N/A	17.24% - 26.24% Variable	$0 introductory annual fee for the first year, then $95

Disclaimer: The information for the Journey® Student Rewards from Capital One®, Discover it® Cash Back, and Discover it® Student chrome has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.