Discover® Student Card - $20 Cashback Bonus® Review
Issued by Discover
  
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Overall Rating:   Benefit Rating:  |
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The Discover® Student Card - $20 Cashback Bonus® is a student rewards card that gives unlimited Cashback Bonus® on all spending, starting with a $20 bonus when you make your first purchase. Plus you'll enjoy 0% APR for the first 6 months. During your college years, the extensive expenses can build up - your new student rewards card can assist you during dorm life!
Instant $20 Cashback Bonus®. The moment you make your first purchase, the Cashback Bonus® will start rolling in - starting with $20 if you make your first purchase during the first three months of card membership.
Rotating Cashback Bonus® Categories. During your life at school, a lot of your purchases will fall into various categories such as gas, restaurants, department stores and more. Now, you can enjoy 5% Cashback Bonus® in categories that change over time when you use your card.
Unlimited Cashback Bonus®. Even if your purchases don't fall under the rotating categories, you can still earn Cashback Bonus®. Every purchase enjoy up to an unlimited 1% on everything.
No Annual Fee. With Discover, you'll never pay an annual fee. You'll always be protected with $0 Fraud Liability along with text/email alerts to notify you of any suspicious card activity - that way, you are always safe and well informed.
Whether you are buying books during the semester, gas to head to away games, or food to avoid Ramen noodles, the Discover® Student Card - $20 Cashback Bonus® is the perfect offer to help you through life as a student on campus!
Instant $20 Cashback Bonus®. The moment you make your first purchase, the Cashback Bonus® will start rolling in - starting with $20 if you make your first purchase during the first three months of card membership.
Rotating Cashback Bonus® Categories. During your life at school, a lot of your purchases will fall into various categories such as gas, restaurants, department stores and more. Now, you can enjoy 5% Cashback Bonus® in categories that change over time when you use your card.
Unlimited Cashback Bonus®. Even if your purchases don't fall under the rotating categories, you can still earn Cashback Bonus®. Every purchase enjoy up to an unlimited 1% on everything.
No Annual Fee. With Discover, you'll never pay an annual fee. You'll always be protected with $0 Fraud Liability along with text/email alerts to notify you of any suspicious card activity - that way, you are always safe and well informed.
Whether you are buying books during the semester, gas to head to away games, or food to avoid Ramen noodles, the Discover® Student Card - $20 Cashback Bonus® is the perfect offer to help you through life as a student on campus!
Review Date: May 08, 2012
Note: The review on this card was updated on May 08, 2012. 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% introductory APR on purchases for 6 months |
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Intro Applied Towards:
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Purchases |
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Additional Intro Details:
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0% introductory APR on purchases for 6 months |
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Purchase APR:
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12.99%- 18.99 V (Variable) |
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Cash APR:
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23.99% (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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Annual Fee Details:
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No annual fee |
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Grace Period:
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25 Days (Min.) |
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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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3% of the amount of each transfer |
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Total First Year Fees:
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$0 |
| 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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20% |
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Additional Rebates:
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5% Cashback Bonus® in categories that change like gas, restaurants, department stores and more. Warehouse purchases (those made at select warehouse clubs, wholesale distributors, discount stores and their affiliates) earn .25%. Up to 20% Cashback Bon |
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Rebate Details:
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Earn up to 1% unlimited Cashback Bonus® on everything else you buy after your total annual purchases exceed $3000; purchases that are part of your first $3000 earn .25%. |
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Expiration:
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Cashback Bonus? does not expire as long as your account is active and in good standing. |
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Yearly Limit:
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No |
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Bonus First Purchase:
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$20 Cashback Bonus? |
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Bonus Details:
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Earn $20 Cashback Bonus® when you make your first purchase within 3 months of approval. |
| Features |
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Most Attractive Feature(s):
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| Earns you $20 Cashback Bonus® for initial purchase, 0% introductory APR period, no annual fee |
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Least Attractive Feature(s):
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| 0% introductory APR period is for purchases only |
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Additional Features:
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| See website for additional benefits. |
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Important Notations
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| See website for complete terms and conditions of card usage and application disclosure. |
| Additional Information |
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Apply Online for the Discover® Student Card - $20 Cashback Bonus® from Discover See other Student Credit Cards See other Discover Credit Cards |