Discover® Student Card Review
Issued by Discover
  
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Overall Rating:   Benefit Rating:  |
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The Discover® Student Card is designed for the college student seeking a cash rewards credit card.
Via Discover's Cashback bonus rewards program, cardholders earn a 5% Cashback bonus in highly popular seasonally changing categories like gas, restaurants, department stores and others.
The reward bonuses continue based on your shopping. Cardholders who spend up to $3,000 on general purchases will earn a .25% Cashback bonus. However, once you spend more than $3,000- cardmembers will earn up to 1% Cashback bonus.
With this card, members also earn from 5% to 20% Cashback bonus at nearly 175 top online retailers by shopping through the exclusive ShopDiscover.com website.
Those who possess the Discover® Student Card are rewarded with no annual limit on the amount of rewards that can be garnered. They are further treated with rewards that do not expire as long as the account is active within a consecutive 18-month time period.
Discover's widely sought after rewards program is just one of the many perks to the card. The Discover® Student Card also comes with stellar benefits, including online account management, $0 fraud liability for unauthorized transactions, plus discounts on products and services at participating merchants and retailers.
The card is great for those who plan on spending more than $3,000 and after the introductory period having a low APR. If you're a student wanting to get Cashback rewards for purchases and save when shopping at participating retailers then it doesn't take a tutor to help you decide- the Discover® Student Card is the correct answer.
Via Discover's Cashback bonus rewards program, cardholders earn a 5% Cashback bonus in highly popular seasonally changing categories like gas, restaurants, department stores and others.
The reward bonuses continue based on your shopping. Cardholders who spend up to $3,000 on general purchases will earn a .25% Cashback bonus. However, once you spend more than $3,000- cardmembers will earn up to 1% Cashback bonus.
With this card, members also earn from 5% to 20% Cashback bonus at nearly 175 top online retailers by shopping through the exclusive ShopDiscover.com website.
Those who possess the Discover® Student Card are rewarded with no annual limit on the amount of rewards that can be garnered. They are further treated with rewards that do not expire as long as the account is active within a consecutive 18-month time period.
Discover's widely sought after rewards program is just one of the many perks to the card. The Discover® Student Card also comes with stellar benefits, including online account management, $0 fraud liability for unauthorized transactions, plus discounts on products and services at participating merchants and retailers.
The card is great for those who plan on spending more than $3,000 and after the introductory period having a low APR. If you're a student wanting to get Cashback rewards for purchases and save when shopping at participating retailers then it doesn't take a tutor to help you decide- the Discover® Student Card is the correct answer.
Review Date: December 28, 2011
Note: The review on this card was updated on December 28, 2011. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
| Credit Card Rate Details | |
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Intro Rate (Intro APR):
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0% Interest* for 9 Months |
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Intro Applied Towards:
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Purchases |
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Additional Intro Details:
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*There is a 0% introductory APR on purchases for 9 months. See terms and conditions for complete details. |
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Purchase APR:
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13.99%- 20.99 V (Variable) |
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Cash APR:
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23.99% Variable (Variable) |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
| Credit Card Fee Details | |
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Annual Fee:
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$0 |
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Grace Period:
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25 Days (Min.) |
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Over the Limit Fee:
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n/a |
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Cash Advance Fee:
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Either $10 or 5% of the amount of each cash advance, whichever is greater |
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Balance Transfer Fee:
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n/a |
| Credit Card Reward Program Details (Rebate) | |
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Rebate Minimum:
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.25% |
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Rebate Maximum:
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5% |
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Rebate Details:
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Automatically earn 1% unlimited Cashback Bonus on purchases after your total annual purchases exceed $3000; purchases that are part of your first $3000 earn .25%. Warehouse purchases (those made at select warehouse clubs, discount stores and their affilia |
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Expiration:
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None (If your account is closed for any reason or inactive for 18 consecutive months or if you fail to make any Minimum Payment Due for two consecutive billing periods, any Cashback Bonus in you Cashback Bonus account will be forfeited.) |
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Yearly Limit:
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No |
| Features |
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Most Attractive Feature(s):
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| 0% intro APR on purchases; Cashback Bonus® rewards program; no annual fee. |
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Least Attractive Feature(s):
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| Low rate not available to all applicants. |
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Additional Features:
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| Various card designs to select from. Various Internet account related services. No liability for unauthorized transactions. Discounts on products and services at participating merchants and retailers. See website for additional benefits. |
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Important Notations
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| *See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on Discover's website. |
| Additional Information |
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Apply Online for the Discover® Student Card from Discover See other Student Credit Cards See other Discover Credit Cards |