Discover it® Student Cash Back Credit Card Review

Best for: students wanting to maximize points earned during the first year of owning their credit card

Meeting new people and learning from exciting classes can all be made better with a Discover it Student Cash Back card. Luckily, Discover has a variety of options to fit every student’s needs. This Discover it credit card review will let you see how easy it is to earn cash back points at a breakneck speed.

The basics of the Discover it® Student Cash Back Credit Card

  • APR: 0% intro APR on purchases for the first six months. Variable purchase APR of 15.24% – 24.24% afterward.
  • Annual Fee: $0
  • Reward Rates:  An outstanding 5% cash back on categories like gas stations, restaurants, grocery stores, and each quarter. Activation of quarterly promotion required, up to a determined maximum per quarter. Plus, rest easy knowing that all other purchases earn unlimited 1% cash back.
  • Intro Offer: Discover will match all the cash back you’ve earned by the date of your card’s first anniversary. There’s no limit to the amount matched and this promotion will be applied automatically.

The Discover it® Student’s standout features

  • Good grades rewards. Everyone likes a reward for a job well done, and getting a $20 statement credit for keeping a GPA of 3.0 or above is definitely a plus. You can earn this reward for up to five years.
  • Freeze it. People misplace or forget their cards all the time. Now you can freeze the card to ensure that nobody can use it while it’s out of your hands. Simply unfreeze it once you get it back.
  • Safety features. Your Discover card has a ton of safety issues that come in handy. You are never responsible for unauthorized purchases with $0 Fraud Liability, and we are always monitoring thousands of Dark Web sites to ensure your Social Security number isn’t floating around. Check out and activate the features you want.

Best way to use Discover it® Student Cash Back Credit Card

Using your card responsibly is much easier when you know that all of your earned points will be matched at the anniversary of your account opening. This includes all the points, even those earned from the 5% cash back program. 

That means you can splurge on all the pizza and soda during those late-night study session knowing that you are earning cash back on every dollar you spend. Also, don’t forget that with this Discover card, it literally pays to keep your GPA at 3.0 or above.

However, the benefits don’t stop there. Thanks to all the security features your card features, at no extra cost you can use your card worry-free. In the off chance you can’t find your card, simply freeze it until you find it. Gone are the days when cancelling and ordering a new card was the only option.

In a nutshell

Discover has made it easy to start your credit card journey with the Discover it Student Cash Back credit card. Get more cash back on the first anniversary of opening your card with the Cashback Match promo. Also, maximize the points you earn by spending on the categories that give you 5% cash back.

Getting good grades shouldn’t go unnoticed, and with this Discover card it doesn’t. Get a $20 credit to your account when you tell us about your excellent grades, year after year for up to five years. Finally, don’t think that you are alone on this wonderful credit journey. We have your back with free credit scores, $0 Fraud Liability, and a constant monitoring of Dark Web sites that might have your Social Security number. 

Dan Marzullo

Personal finance writer and the founder of Marzullo & Associates

Dan lives in Colorado Springs, CO and typically spends his days buried in a booth at a local coffee shop. Ideas flow best with a cup of coffee in one hand and a bagel in the other.