Discover it® Card for Students

  • Get $20 statement credit each school year your GPA is 3.0 or higher for up to next five years.*
  • Get an unlimited dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically*
  • 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 1% cash back on all other purchases.
  • Redeem your rewards for cash in any amount.*
  • Redeem your rewards for cash at any time.*
  • Your cash back never expires*
  • Use your rewards instantly at Amazon.com checkout*
Credit Target Type Annual Fee BT Intro APR Purchase Intro APR Regular APR Rewards
Fair Credit, Above Average Credit Student $0 10.99% for 6 months N/A* 14.99%* - 23.99%* Cash Back


Quick Summary:
This is a cash back rewards card issued by Discover Card. This card may be restricted to college students with a fair credit history. It is unlikely, but possible that you will be asked for proof of acedemic involvement before finalization of the card acceptance. Rates may vary among applicants, however the lowest standard APR is 14.99%* and may be as high as 23.99%* (Variable)*, depending on your credit worthiness*.

Important Rates:
There is a introductory balance transfer offer APR of 10.99% for 6 months*. There is no annual fee for this card.*

Rewards:
This card is a cash back card, where you can expect cash rewards for your purchases.

Credit Record Needed:
Based on the FICO score recommendation, applicants should have a great credit record. A FICO credit score of 696 is recommended for a higher chance of approval, but this is not required. There are a number of other factors that this issuer may also consider when making decisions for approval. While your FICO score is usually a very important factor, you may want to consider other areas that may affect a decision for approval. For example, your debt to income ratio, recent credit inquiries, 30+ day delinquencies, or current credit accounts nearing the maximum amount may affect a credit decision.

FICO scores/credit scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, a credit score alone does not guarantee or imply approval for any Discover Card product.

Other Basics:
The grace period listed for the Discover it® Card for Students is at least 25 days*. So interest charges will not be applied for new purchases during this time if balance is paid in full by the due date. Be aware that some issuers will begin charging interest on cash advances and balance transfers on the transaction date.

Before applying, you may need information about your college or university, such as the name, address, phone numbers, and dates attended.

Approval Rate:
There were 2 people that reported their status to us after they applied. They provided us with helpful qualification information, including their credit scores, the rates offered to them, household income and more. 100% of those applicants were approved.

There have been no approvals in our internal system that we can calculate for this card. This could be due to lack of time that this card has been listed at Finance Globe or from other various factors. As we gain more information about the approval rates, we will update them here. Furthermore, if your FICO score is close to or higher than 696, then your chance of approval may be even greater.

Approval Time:
Approval time for this offer is not listed. You should expect a final credit decision within a couple of weeks, but normally much sooner.

Community Opinion:
Based on community reviews, we found that 100% of 1 user recommend this card.

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