The Discover it® Student card can give you many savings opportunities, and I know the only thing college students like more than eating food is saving money.
That’s why you can sign up today through our referral link to get a $50 bonus after your first purchase. Use it on textbooks, supplies, or to treat yourself after a long day of studying.
In addition to the signup bonus, Discover offers $20 cash back each school year your GPA is 3.0 or higher for up to the next 5 years, providing extra incentive to keep your grades up. Plus, earn extra double cash back your first year!
The Discover it® Student is a top cash back credit card for college students. It offers 5% cash back in rotational categories, such as grocery stores and gas stations, and 1% cash back on all purchases.
Like the Chase Freedom®, you must activate your bonus category each quarter. However, if you tend to spend a lot in those 5% cash back categories, the Discover it for Students card is well worth it.
Discover it Student Summary
With the Discover it® Student Cash Back: • Earn 5% Cash Back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more, up to the quarterly maximum, each time you activate. Plus, earn unlimited 1% cash back on all other purchases — automatically. • Low Intro APR: 0% Intro APR for 6 months on purchases, then a variable rate, currently 15.24% to 24.24% APR, applies. • Get $20 statement credit each school year your GPA is 3.0 or higher for up to next five years. • With Cashback Match™, Discover will match all the cash back you've earned at the end of your first year, automatically. • No Annual Fee. • Terms Apply. • See Rates & Fees |
Earn 5% Cash Back Each Quarter
5% Cashback Categories Overview
- First Quarter Cash Back Categories (Jan – March)
- Second Quarter Cash Back Categories (April – June)
- Third Quarter Cash Back Categories (July – Sept)
- Fourth Quarter Cash Back Categories (Oct – Dec)
Each quarter, you can earn a 5% Cashback Bonus at different places like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate. You earn Cashback Bonus on every purchase. See the categories for each quarter above and click on the links for more information.
All other purchases net 1% cash back.
To sign up for the 5% Cashback Bonus program, log in to the Account Center or call 1-800-DISCOVER (1-800-347-2683) to activate every quarter.
Cash back rewards never expire. If your account is closed or you haven’t used it within 18 months, Discover will credit your account with your Cashback Bonus.
Redeem Rewards
It’s pretty simple to redeem your rewards for your Discover it® Student card. Redeem your cash back in Discover’s Account Center. If you don’t want to register for the Account Center, call 1-800-DISCOVER (1-800-347-2683) to redeem.
You can redeem for gift cards with $5 free added to each card, starting at $20, pay with rewards at Amazon.com checkout, make a charitable donation, or deposit any amount into your bank account or apply to your Discover bill.
Conclusion
The Discover it® Student is one of the best credit cards out there made for students. It’s a hassle-free, low maintenance card with many benefits. Plus, Discover rewards you for having good grades!
Most fee-free credit cards will only offer 1 – 1.5% cash back or even none. Thus, this is a good credit card to start out with and build up your credit if you’re just hitting college.
For all other Discover credit cards, see them in our masterpost. Discover also offers bank bonuses you can see as well if you’re interested in banking with them!
