The 5% bonus categories are definitely popular types of purchases for college-aged cardholders. browser to access this page. Unlike secured cards, you don’t need to make a security deposit to open a student card. Discover.com uses multiple layers of firewalls to block critical areas of our network from prying eyes. In this case you’ll be able to choose the category you’d like to earn 3% cash back in for the upcoming month, or just set it once and leave it. Discover It Student Card! Certain digital wallet transactions qualify for 2% Cashback Bonus, for more information see Discover.com/digitalwallets. Students with a Discover it® or Discover it® Chrome card who have a GPA of 3.0 or higher (or equivalent) during a School Year (September - August) may apply at Discover.com for a $20 statement credit ("Good Grade Reward"). Credit Card Insider receives compensation from advertisers whose products may be mentioned on this page. The gift card option will offer a $5 bonus on your redemptions, at least, so use it first whenever possible. Existing Discover cardmembers and those who have opted out of receiving marketing communications from Discover are not eligible referrals. They’ll check your credit reports from the major credit reporting bureaus, along with other financial information. All other purchases earn 1% cash back, too. Any opinions, analyses, reviews, or evaluations provided here are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by the Advertiser. Late payments, delinquencies or other derogatory activity with your other credit card accounts and loans may adversely impact your ability to build credit. Discover’s Cashback Match will double that to 10% in the first year, giving you a chance to earn quite a lot of cash back. New to credit cards? We will not match: rewards that are processed after your match period ends; statement credits; rewards transfers from Discover checking or other deposit accounts; or rewards for accounts that are closed. DISCLAIMER: All information posted to this site was accurate at the time of its initial publication. Discover it® Secured is 2021’s best secured credit card because it has a $0 annual fee and rewards cardholders with 1% to 2% cash back on purchases. The information related to Journey Student Rewards from Capital One has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product. You’ll still enjoy all your rewards and other student card benefits without paying interest charges. If you don’t want to keep track of rotating reward categories, the Bank of America card provides a somewhat simpler cash back structure. Student credit cards typically have lower credit limits -- often $1,000 or less. Credit Card Insider receives compensation from some credit card issuers as advertisers. The Discover it® Student chrome (Review) is very similar to the Discover it Student Cash Back. You might need a new student credit card for a number of reasons, but simply replacing your credit card will not affect your credit score. If you’ve never had a credit card before this is a perfect place to start. Use the Discover it Student Cash Back whenever you’ll get 5% back, and use the Discover it Student Chrome for gas and at restaurants. (Even if a customer pays the balance every month, we will charge interest on balance transfers and cash advances the day they post, so you cannot avoid interest charges for these types of transactions.). Use it responsibly, always paying your bills on time. Secure Account Center Log In. Student cardholders earn bonus 5% cash back rewards for shopping at certain stores and can get also score a $20 statement credit for good grades. Reasonable efforts are made to maintain accurate information, though all credit card information is presented without warranty. Action required: Update Opened secured Citi in Jan with 5k, BoA w/ 4.9k in April and Discover with 2.5k. The Discover it Secured is a rewards credit card for individuals who are new to credit, have poor or bad credit, or are rebuilding credit. Discover Card is serious about safeguarding your personal information online. Took 6 months to generate a score. And there's no annual fee. paying your balance in full every billing period, never have any interest charges to worry about, alternatives to the Discover it for Students below, Bank of America Cash Rewards™ Credit Card for Students, Review of the Discover it® Cash Back Credit Card, Gas Stations, Wholesale Clubs, Select Streaming Services, 5% cash back in categories that change every three months, Free FICO Score 8 from your TransUnion credit report, As a statement credit to reduce your balance, Directly into a bank account of your choice, Pay with rewards at select retailers, like Amazon.com, $200 cash rewards bonus for spending $1,000 in the first 90 days, New Offer: Maximize your cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement /furnishings, Now earn 3% cash back in your choice category and 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), and unlimited 1% on all other purchases. So be sure to make smart choices with your student credit card, like always making at least your minimum payment or more on time. Content is accurate to the best of our knowledge when it's published. The Bank of America Cash Rewards™ Credit Card for Students (Review) is quite a rewarding option, even compared to non-student cards. In the secured credit world, the Discover it® Secured card stands above the competition. You can earn at the 5% rate while it’s active, and then spend your gift cards when it’s convenient for you. For more cards that might be up your alley, take a look at the Best Student Credit Cards. You’ll keep the same cash back program and card design. The Discover it® Secured offers 2% cash back on up to $1,000 in combined purchases at gas stations and restaurants each quarter (then 1%). Looking to max out your rewards in a category, but not sure if you’ll be able to spend enough in three months? Credit Card Insider receives compensation from advertisers whose products may be mentioned on this page. While technically not a student card, the Discover it® Secured (Review), is designed for people with limited or no credit, therefore potentially helpful for students. How to handle credit card payments like a, Visit the Discover Credit Resource Center for, Learn Please allow up to 1-2 billing periods for the statement credit to post to your account after each referral is approved. Terms of Good Grade Reward Offer are subject to change. They are monitored on a continual basis to ensure Account protection 24 hours a day, 7 days a week. These 5% cash back rewards are only good for the first $1,500 in purchases you make in that particular category. touch or with swipe gestures. The information related to Discover it® Student Cash Back has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product. autocomplete results are available use up and down arrows to That means students who are just entering the world of credit have a better chance of being approved than with other cards. How long does it take to get approved for a Discover student credit card? When you access your account and perform transactions on the Discover site we use 128-bit-Secure Sockets Layer (SSL) encryption technology—the most widely used method of securing internet transactions available today. more in the Discover Help Center. But the ability to monitor your credit as it changes from month to month is a great tool for students who are starting to build up their credit. Good Grade: Good Grade Reward only available to new cardmembers on or after 7/23/2015 who indicate on their application that they are currently enrolled in college, and whose accounts are current and remain open when the Good Grade Reward is requested. So you have to consider other options. Keep reading to find out more and learn how to use it like a pro. The interest on the Discover it® Secured is not very attractive: It comes with 10.99% intro APR on Balance Transfers for 6 months, and then the ongoing APR of 22.99% Variable APR. You don’t have to be a student to get the Discover it Secured Card. That means you’ll need to provide a refundable security deposit ($200 minimum) which will then fund your line of credit. Since this is a student credit card, it’s designed for people with limited or no credit. Touch device users, explore by After that, the variable APR will be 14.49% – 24.49%, based on your creditworthiness. No matter which Discover credit card you choose, you can expect a few general benefits. This information is intended for and only provided to Primary account holders who have an available score. The rewards are really where the main differences between these two cards lie. Unlike the Discover it card, there are no rotating categories to keep track of, providing a simpler rewards earning experience. The student Discover card starts at 0% intro APR† †† for 6 months on purchases. Credit Card Insider and CardRatings may receive a commission from card issuers. Check out these Discover® student credit card offers that let you earn cash back rewards in college while building a credit history to help you after graduation. In this review: Benefits of the Discover it Secured Card; Downsides of the Discover it Secured Card; How it Compares to Similar Cards; Benefits of the Discover it Secured … You can update your choice category for future purchases once each calendar month using the Mobile banking app or Online banking, or do nothing and it stays the same. Designed for college students, the Discover it Student chrome provides a way to start building a credit history while earning cash back, and will even reward you with a statement credit for having good grades. If you’re in the market for a secured card, the Discover it® Secured is a great option. You can apply for the Discover it for Students securely on Discover’s website. How is the Discover it ® Secured credit card different from other credit cards? Password You’ll also need to provide proof that you’re a student, like a student ID or class schedule. But for the most part, the two cards are very similar. And that strategy will be perfect for building your credit quickly, too. In order to enjoy the full experience of the Discover The information related to Discover it® Student Cash Back, Discover it® Student chrome, Journey Student Rewards from Capital One, Discover it® Secured, Citi Rewards+℠ Student Card, and Discover it® Cash Back have been collected by Credit Card Insider and have not been reviewed or provided by the issuer or provider of these products. And all your other purchases still earn 1% cash back automatically, with no limit. Reasonable efforts are made to maintain accurate information, though all credit card information is presented without warranty. Do you have the Discover it for Students credit card? Discover opened up my card from a secured, into a regular Discover It card, but they were kind of stingy in extending my credit limit. Discover is accepted by 99% of the places across the country that take credit cards.7. You’ll have five different options for redeeming your cash back: We recommend always using one of the first four options, and avoiding number five. You will receive a $50 Statement Credit referral reward if your friend applies for the specific offer you send via the link provided and is approved by December 31, 2021. This benefit may change or end in the future. review and enter to select. But “student” credit cards do not accept applicants with poor credit. Secured cards can also be useful to students who want to build a credit history, but aren’t ready to apply for an unsecured student credit card. One Good Grade Reward per School Year, per account, up to a maximum of five (5) consecutive years from the date your account is opened. Leave your own review below, we’d love to hear what you think! The standard variable APR for Citi Flex Plan is 14.49% – 24.49%, based on your creditworthiness. Discover has 2 student credit cards. It’s important to start building credit as early as possible, and student credit cards are a great way to do that. This includes making all of your payments on time to your Discover account  or any other bills and loans. Responses have not been reviewed, approved or otherwise endorsed by bank advertisers. Amazon is not a sponsor of this promotion. Note you will pay interest if you take any balance transfers or cash advances. Checking for pre-approval won't hurt your credit score. You won’t be rewarded for your good grades, but if you can’t qualify for the Discover it for Students, the Secured offers a great way to still earn rewards and build up credit. more in the Discover Help Center. Advertising partners do not edit or endorse our editorial content. FICO® Credit Score Terms: Your FICO® Credit Score, key factors and other credit information are based on data from TransUnion® and may be different from other credit scores and other credit information provided by different bureaus. With the Discover it Secured, cardholders can earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter and 1% cash back rewards on all other purchases made with the credit card. This unique signup bonus will double all the cash back you earn in your first year. Another key aspect to the Discover it for Students is that your rewards are doubled your first year, thanks to Discover’s Cashback Match. What’s the difference between a student credit card and a regular credit card? I am dual enrolled in classes at my local community college, so that should count as being a college student. Card Advice. Credit Card Insider receives compensation from some credit card issuers as advertisers. I looked at my FICO Premier in July and for some reason suddenly all the collections had disappeared with a credit score of 687/677/670. Just be sure to manually activate these categories, or else you’ll only earn that 1%. I have no credit history. up to the quarterly maximum when you activate. Please give us two billing cycles to process your request. You’ll also earn points rather than cash back, and rather than earning at restaurants, you’ll get points on groceries. Please complete all fields below. We approve credit cards for college students as quickly as we can. Content is not provided or commissioned by any credit card issuers. The Discover it® Secured is a secured credit card, and a fantastic one at that. The Discover it Secured Card is one of the best secured credit cards to rebuild credit. If JavaScript is disabled, The Citi Rewards+ Student Card is not currently available for new applications. 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days, then. Listed merchants are in no way sponsoring or affiliated with this program. You can apply for the Discover it for Students securely on Discover’s website. A list of these issuers can be found on our Editorial Guidelines. Discover Card does not assign MCCs to merchants. Credit Fast will review the benefits of this secured card. That’s because Discover reports your credit history to the three major credit bureaus so it can help build your credit if used responsibly. Statement Credits you receive may be taxable to you. The rotating categories of the Discover it for Students offers more opportunities to earn cash back, but if you’re only buying gas and groceries, the Bank of America card could be the better choice for you. When you click on any ‘Apply Now’ button, the most up-to-date terms and conditions, rates, and fee information will be presented by the issuer. Your score, key factors and other credit information are available on Discover.com and cardmembers are also provided a score on statements. web browser. You’ll also need to provide proof that you’re a student, like a student ID or class schedule. Discover offers a unique set of secured credit card benefits, including cash back on every purchase, 100% U.S.-based customer service available day or night, and more. You can do this a couple months beforehand, and Discover will prompt you to do so. Sometimes that’s right away online. 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. If you don’t like the 5% cash back categories of the regular Discover it for Students, the Chrome version might be right for you. With that in mind, WalletHub’s editors compared 1,000+ credit card offers in search of the best cards for students … The extra benefits are fairly basic, but you’ll get a $20 statement credit reward for every year that you get a GPA of at least 3.0. Contact us here. This is a pretty valuable rewards program, especially because of the rare online shopping category. If you’d like to learn about the non-student version of this card, check out our Review of the Discover it® Cash Back Credit Card. Advertiser relationships do not affect card evaluations. Secure Account Log In. But if you make a mistake with this card you won’t be punished too harshly, compared to other cards. The information related to Citi Rewards+℠ Student Card has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product. Calendar quarters are defined as the three-month periods beginning January 1, April 1, July 1, and October 1. So you should take advantage of this card as often as you can during those initial 12 months. Are biggest, and Discover with 2.5k earn in your web browser from... Apr on purchases Editor ’ s discretion s discretion deposits are both easy ways to redeem your back... 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