Discover it Student Cash Back Card: Reasons to Have It and How to Apply
Did you know that the Discover it Student Cash Back Card is ideal for building credit at a young age? Discover and discover the benefits.
When choosing a new credit card, it is essential to consider the benefits it offers. Cards that offer cashback are great for those looking to maximize their advantages on daily purchases.
The Discover It Student Cash Back is an excellent choice for those who shop regularly and want to earn money back.
It offers a generous return to its users, providing significant savings daily.
Explore more details about the Discover it Student Cash Back Card and find out how to apply for yours in this article!
Why Choose a Student Card?
Opting for a student credit card can be a smart and strategic decision for young people who are starting to build their financial history.
These cards are specifically designed to meet students’ needs and offer various benefits that can help with financial management and developing good credit practices.
One of the main reasons to choose a student card is the opportunity to start building a solid credit history early.
A good credit history is essential for future major purchases, such as a car or a house, and can influence loan approval and obtaining lower interest rates.
Additionally, many student cards offer reward programs, such as cashback on purchases, discounts at partner stores, and special benefits for students.
Student credit cards generally have lower credit limits, which helps prevent high debt accumulation. Moreover, student cards often have reduced or even nonexistent annual fees.
The approval requirements for a student card are generally more flexible compared to traditional credit cards, making it easier for students who may not have an extensive credit history to obtain a card and start building their financial credibility.
Does the Card Have an Annual Fee?
One of the great advantages of this card is that it has no annual fee.
This means you can enjoy all the benefits and rewards of the card without worrying about recurring additional costs.
Many credit cards charge an annual fee to keep the account active, but with the Discover it Student Cash Back, you can save even more as there is no such charge.
This absence of an annual fee makes the card even more attractive, especially for those who want to maximize their rewards and benefits without incurring extra expenses.
Therefore, by choosing the Discover it Student Cash Back Card, you get a credit card full of advantages without the worry of an annual fee, helping to keep your personal finances under control.
Learn How 5% Cashback Works
The Discover it Student Cash Back offers an attractive rewards program with 5% cashback in rotating categories.
This benefit is designed to maximize your savings on frequent and specific purchases throughout the year.
Each quarter, Discover selects different spending categories that qualify for the 5% cashback.
These categories can include supermarkets, restaurants, gas stations, online shopping, among others.
To ensure you take full advantage of this benefit, you need to activate the offer quarterly.
The activation can be done simply and quickly through Discover’s website or app.
Once the offer is activated, all purchases made in the selected categories during that quarter accumulate 5% cashback, up to a limit of $1,500 in spending per quarter.
Flexible Redemption
The Discover it Student Cash Back offers flexible redemption options that make using the accumulated cashback more convenient and tailored to your needs.
You can use the accumulated cashback in various ways, such as direct credit on the bill, reducing the outstanding balance, deposits into bank accounts, transferring the amount to your checking account, and more.
The redemption process is quick and simple, allowing you to access your rewards almost instantly.
Unlike other reward programs, the card allows you to redeem your accumulated cashback without needing to reach a minimum value.
If you prefer, you can set up automatic cashback redemption to be applied directly to your monthly bill, simplifying the process.
Additionally, ensuring you always enjoy the benefits of your cashback without worrying about manually redeeming it.
Besides the traditional redemption options, you can also exchange your cashback for gift cards from various popular stores and brands.
Or even for specific products available in the Discover rewards catalog.
Check Out Some Features of the Card App
The Discover it Student Cash Back app offers a range of features designed to facilitate the management of your card and optimize your user experience.
Among the main features, you will find:
- Real-Time Account Management.
- Bill Payment.
- Transaction Alerts.
- Account Freeze (Freeze it).
- Credit Monitoring.
- Offers and Rewards.
- Cashback Category Activation.
- Customer Support.
With these features, the Discover it Student Cash Back app makes managing your card easier and enhances your user experience, offering convenience, security, and control at your fingertips.
Unlimited Cashback Match
The Discover it Student Cash Back offers an exclusive and highly attractive benefit: Unlimited Cashback Match. This feature is ideal for those who want to maximize the rewards from their purchases.
At the end of the first year of using your card, Discover will match all the cashback you accumulated during those 12 months. And the best part? There is no limit to the amount they will match.
Here’s how it works: during the first year, you earn 5% cashback in categories that change every three months (such as supermarkets, restaurants, gas stations, etc.) and 1% on all other purchases.
At the end of the first 12 months, Discover will double all the cashback you accumulated, with no value limit. This additional amount will be automatically credited to your account.
To make the most of it, keep track of the rotating categories and activate them quarterly to ensure you are earning 5% cashback on your eligible purchases.
Use the Discover it Student Cash Back Card regularly for your daily purchases to accumulate as much cashback as possible and explore Discover partner offers for discounts and even more savings.
How to Apply for the Discover it Student Cash Back Card?
To apply for the Discover it Student Cash Back Card, follow these simple and quick steps that we have prepared to help you:
- Go to the official Discover it Cash Back page.
- Locate and click on the “Apply Now” button to begin the application process.
- Enter the necessary information to verify your location and proceed with the application.
- Fill out the online form with your personal details, including name, address, contact information, income, and employment.
- Carefully review the terms and conditions provided by the company, and agree to them to continue with your application.
- After completing all required fields, submit the form for the bank’s credit evaluation.
- Await Discover’s review of your application. They will notify you regarding the approval status.
- If approved, your card will be sent to the address you provided during the application process.
Don’t waste time and apply now for the Discover it Student Cash Back Card to start enjoying all the benefits it offers!
Review made in July 2024. Card information may change, check the official website before requesting.
Contact Discover at 1-800-347-2683.
