Discover it Student Cash Back Review 

Unlock cash rewards with every purchase! Build credit and earn while you spend, all with no annual fee.

The Discover it Student Cash Back card is designed to make managing finances as a student easier and more rewarding. This card combines user-friendly features with financial benefits, creating a perfect balance between building credit and earning rewards. Its simplicity and ease of use make it a top choice for students looking for a hasslefree financial tool.

In addition to its straightforward structure, the card offers value packed rewards that suit a student’s budget and lifestyle. It encourages responsible spending while offering benefits that stretch your dollar further, making it a smart choice for students who want to maximize their purchasing power.

Maximize Rewards While You Learn!

•  Cash Back on Every Purchase: Enjoy 5% cash back on rotating categories each quarter, such as gas stations, grocery stores, or restaurants. These categories reflect common student spending areas, ensuring you get more value on purchases you already make. All other purchases earn 1% cash back, so every swipe counts towards your rewards.

•  FirstYear Cashback Match: Discover will match all cash back you earn at the end of your first year, which means you could double your rewards without any extra effort. This unique perk is great for students looking to kickstart their savings or earn extra cash while managing daytoday expenses.

•  No Annual Fee: With zero annual fees, this card offers an affordable way to build credit and enjoy rewards without worrying about recurring costs. This allows students to focus on managing their finances without the burden of unnecessary fees weighing them down.

•  UserFriendly Mobile App: The Discover mobile app is easy to navigate and allows students to monitor their spending, check rewards, and make payments from anywhere. It’s an allinone financial management tool designed with students in mind, offering convenience and control at your fingertips.

•  FICO Credit Score Access: Cardholders get free access to their FICO credit score, helping students track their credit building progress. Staying informed about your credit score is essential, especially for students who are new to credit and want to establish a strong financial foundation.

•  Fraud Protection and Security: The Discover it Student Cash Back card comes with a $0 fraud liability, meaning you’re not responsible for unauthorized charges. This gives students peace of mind knowing their finances are secure, even in the case of lost or stolen cards.

•  Flexible Redemption Options: Redeem your cash back rewards in multiple ways, including direct deposits, statement credits, or gift cards. You can even use your rewards for purchases at Amazon.com. The flexibility allows students to choose the redemption method that fits their needs.

•  0% Intro APR: Enjoy a 0% intro APR on purchases for six months, giving students time to pay off big purchases or unexpected expenses without incurring interest. This introductory period is ideal for easing into financial management without high fees from interest charges.

•  Credit Building with Responsible Use: The Discover it Student Cash Back card reports to all three major credit bureaus, which means that responsible card use can help students build a solid credit history. Establishing good credit is vital for future financial milestones like renting an apartment or buying a car.

Qualification Requirements

•  Students Only: This card is exclusively available to students, so applicants must be enrolled in an accredited college or university. You’ll need to provide proof of enrollment during the application process to be eligible.

•  U.S. Resident: Applicants must be U.S. citizens or permanent residents to qualify for the card. This ensures you can legally open a financial account with Discover and build your credit in the U.S.

•  At Least 18 Years Old: You must be at least 18 years of age to apply for the Discover it Student Cash Back card. Minors will not be considered for the application process.

•  No Prior Credit Needed: Since this card is designed for students, having a credit history is not required. It’s an excellent option for students who are new to credit and looking for their first credit card.

•  Proof of Income or Financial Support: Discover typically requires students to demonstrate some form of income, whether through part time work or financial support from parents, to ensure they can meet the minimum payments.

•  Valid Social Security Number: You’ll need to provide a valid Social Security number during the application process, as Discover uses this to verify your identity and creditworthiness.

How to Apply for The Discover it Student Cash Back

•  Complete an Online Application: Visit Discover’s official website to begin your application. The process is straightforward and should only take a few minutes.

•  Provide Proof of Enrollment: Ensure you have documentation that proves your current enrollment in a college or university, such as a student ID or transcript.

•  Enter Personal Information: Be prepared to enter your personal details, including your name, address, Social Security number, and date of birth. This information helps Discover verify your identity.

•  Provide Income Details: If you have a part time job or receive financial support, you’ll need to include your income information in the application. This helps Discover assess your ability to repay the card balance.

•  Review Terms and Conditions: Carefully review the card’s terms, including the APR, fees, and reward structures, before submitting your application to ensure it aligns with your financial goals.

•  Submit the Application: After completing all the required fields, submit your application. You may receive an instant decision or be asked for additional documentation.

Frequently Asked Questions

Is there an annual fee for the Discover it Student Cash Back?  

No, there is no annual fee, making it a great choice for budget conscious students.

Can I use the card internationally?  

Yes, you can use it worldwide with no foreign transaction fees, making it perfect for students studying abroad.

How do the rotating cash back categories work?  

Every quarter, Discover offers 5% cash back in different categories. You must activate each quarter’s category to earn the rewards.

What happens if I miss a payment?  

Discover offers forgiveness for your first late payment, meaning you won’t incur a late fee for your first missed payment.