Discover it Student Chrome Benefits Guide Bankrate Caret RightMain Menu Mortgage Mortgages Financing a home purchase Refinancing your existing loan Finding the right lender Additional Resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Bank Banking Compare Accounts Use calculators Get advice Bank reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Credit Card Credit cards Compare by category Compare by credit needed Compare by issuer Get advice Looking for the perfect credit card? Narrow your search with CardMatch Caret RightMain Menu Loan Loans Personal Loans Student Loans Auto Loans Loan calculators Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Invest Investing Best of Brokerages and robo-advisors Learn the basics Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Home Equity Home equity Get the best rates Lender reviews Use calculators Knowledge base Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Loan Home Improvement Real estate Selling a home Buying a home Finding the right agent Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Insurance Insurance Car insurance Homeowners insurance Other insurance Company reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Retirement Retirement Retirement plans & accounts Learn the basics Retirement calculators Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Introduction to the Discover it Student Chrome Card Advertiser Disclosure
Advertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. SHARE: On This Page
PeopleImages/Getty Images August 18, 2022 Checkmark Bankrate logo How is this page expert verified? At Bankrate, we take the accuracy of our content seriously. "Expert verified" means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Their reviews hold us accountable for publishing high-quality and trustworthy content. Jamie Johnson is a contributor for Bankrate and a Kansas City-based personal finance and credit expert. Her past and current clients include Credit Karma, Business Insider, Bankrate, Rocket Mortgage, the U.S. Chamber of Commerce, Quicken Loans and The Balance. Claire Dickey is a product editor for Bankrate, and . Before joining Bankrate, Claire worked as a copywriter for brands within the telecommunications industry as well as a hybrid marketing and content writer. Aja McClanahan is an author, blogger and speaker on personal finance and entrepreneurship. Aja is the author of "How a Mother Should Talk About Money with Her Daughter." Bankrate logo The Bankrate promise
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation for how we make money. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Terms apply to the offers listed on this page. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Bankrate logo The Bankrate promise
At Bankrate, we have a mission to demystify the credit cards industry — regardless or where you are in your journey — and make it one you can navigate with confidence. Our team is full of a diverse range of experts from credit card pros to data analysts and, most importantly, people who shop for credit cards just like you. With this combination of expertise and perspectives, we keep close tabs on the credit card industry year-round to: Meet you wherever you are in your credit card journey to guide your information search and help you understand your options. Consistently provide up-to-date, reliable market information so you're well-equipped to make confident decisions. Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you. At Bankrate, we focus on the points consumers care about most: rewards, welcome offers and bonuses, APR, and overall customer experience. Any issuers discussed on our site are vetted based on the value they provide to consumers at each of these levels. At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next. Bankrate logo Editorial integrity
Bankrate follows a strict , so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Key Principles
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers. Editorial Independence
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Bankrate logo How we make money
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. The Discover it Student chrome is a starter credit card that allows . There’s no annual fee, and the card comes with ongoing cash back rewards, a welcome bonus, intro APRs on both purchases and balance transfers and more. Keep reading to learn more about what the Discover it Student chrome card offers and how it can benefit student borrowers. As a reminder Details of the Discover it Student chrome
Rewards rate: 2 percent cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter; 1 percent back on all other purchases Welcome bonus: Discover will match all cash back earned at the end of your first year Annual fee: $0 Purchase intro APR: 0 percent intro APR for six months Balance transfer intro APR: 10.99 percent intro APR for six months Regular APR: 15.99 percent to 24.99 percent variable Discover it Student chrome benefits
Fewer fees
The comes with fewer fees compared to similar student credit cards. There’s no annual fee, and if you make a payment late, Discover will waive the late fee on the first instance; any subsequent late payments will come with a $41 fee. Further, the card doesn’t charge any (think: if you plan on studying abroad one semester), though Discover’s international acceptance is limited compared to other issuers. No credit score required to apply
There’s for the Discover it Student chrome, making it a great option for students with limited or no credit history. Further, Discover will report your payments to the , so you’ll eventually be able to build up a positive credit history with responsible card use. Ongoing cash back rewards and a first-year bonus
If you frequently spend money on gas and eating out, you’ll be pleased to know this card will reward you for those kinds of purchases. The Student chrome offers 2 percent cash back on the first $1,000 spent at gas stations and restaurants each quarter, along with 1 percent cash back on all other purchases outside of those categories. In terms of a welcome bonus, Discover automatically matches any cash back rewards you earn during your first year as a cardholder through its Cashback Match program. So if you earn $150 in rewards during your first year, Discover will award you an additional $150 — for a total of $300 in cash back rewards. Note, there’s no secret formula to earning this bonus; it’s automatically applied. Introductory APR offers
The Discover it Student chrome comes with an introductory offer on both purchases and balance transfers — meaning you can utilize this low-interest period to either pay off a large purchase over time or wipe out existing debt. Specifically, the card offers a on purchases for six months and a 10.99 percent intro APR on balance transfers for six months (followed by a variable APR between 15.99 percent to 24.99 percent). No full-time income needed to apply
You don’t need to show a full-time income to qualify for the Discover it Student chrome card, but Discover does want to see that you have some type of income — and your monthly income can influence your credit limit. Ability to choose your card design if you re into that
Discover lets you pick between 20 unique card designs when you become a cardholder. Access to a mobile app and security features
You can manage your account through Discover’s mobile app, which is available on iOS and Android devices. You can use the mobile app to track your rewards, message customer service and see your statement balance. You can also sign up for free Social Security alerts. Discover will monitor thousands of dark websites and alert you if your information is compromised. And if you suspect foul play or accidentally misplace your card, you can freeze your account to prevent further purchases. Discover also helps you monitor how your personal information is shared online. When you activate the free Online Privacy Protection feature, Discover will scan ten popular “people search” websites for your information every 90 days and submit an opt-out request on your behalf if your personal data shows up. Free card replacement
Discover offers free overnight shipping so you can quickly replace your card if it’s lost or stolen. That way, you don’t have to wait a week or more for a replacement card. Ability to upgrade your card after graduation
You can continue to use your card after you graduate, and Discover will let you ditch the “student” label. That means you can to the standard after graduation. Keeping this card active and in good standing will help you maintain a good credit score. Maximizing the Discover it Student chrome
The Discover it Student chrome card is best for college students that frequently spend money on gas and eating out. If you rarely spend money on either of these things, the cash back rewards may not be worth it. Paying your balance in full each month and making on-time payments will help you make the most of this card. Otherwise, interest charges and late fees could undo any rewards you earn. The bottom line
The is a good option for college students looking to earn cash back rewards. Since Discover reports your payment history to the three major credit reporting bureaus, this card can help you establish credit. However, you may be able to find better cash back rewards with another card, including some offered by Discover. Be sure to explore your options and check out our full list of the before you apply. SHARE: Jamie Johnson is a contributor for Bankrate and a Kansas City-based personal finance and credit expert. Her past and current clients include Credit Karma, Business Insider, Bankrate, Rocket Mortgage, the U.S. Chamber of Commerce, Quicken Loans and The Balance. Claire Dickey is a product editor for Bankrate, and . Before joining Bankrate, Claire worked as a copywriter for brands within the telecommunications industry as well as a hybrid marketing and content writer. Aja McClanahan is an author, blogger and speaker on personal finance and entrepreneurship. Aja is the author of "How a Mother Should Talk About Money with Her Daughter."