Discover It Student Cash Back 2024

Discover It Student Cash Back: For many students, navigating the world of credit can be a daunting experience. One credit card that has caught the attention of many in recent years is the Discover It Student Cash Back. With its unique benefits and features tailored to college students, it’s becoming a popular choice. In this article, we’ll dive deep into its details, discuss its credit limit, and even touch upon some reviews.

Discover It Student Cash Back 2023

Table of Contents

Discover It Student Cash Back

In understanding any financial product, it’s crucial to break down its most essential components. Here’s a table highlighting the main points of the Discover It Student Cash Back card:

Annual Fee$0
Cash Back RewardsUp to 5% on certain categories, 1% on all other purchases
Credit LimitVaries based on creditworthiness
Intro APR0% for the first 6 months (on purchases)
Regular APRVaries based on creditworthiness and the Prime Rate
Other BenefitsFree FICO score, no foreign transaction fees, matched cash back at the end of the first year

Understanding the Discover It Student Cash Back Credit Limit

One of the most common queries about the Discover It Student Cash Back card is in relation to its credit limit. While there isn’t a fixed amount, the credit limit is determined based on several factors:

  1. Credit History: As with most credit cards, your credit history plays a vital role. For students, this could be minimal, but any history of timely repayments or previous credit products can influence the limit.
  2. Income Level: Your ability to repay is also considered. Thus, even a part-time job or a consistent allowance can affect your credit limit.
  3. Current Debts: If you have any existing debts or obligations, these will be assessed.
  4. Recent Inquiries: Multiple recent inquiries on your credit report can be a red flag, potentially reducing your offered limit.

Read Also: Capital One Quicksilver vs. Discover It Comparison 

Discover It Student Cash Back Review

When it comes to the real-world use of the Discover It Student Cash Back card, the reviews are generally positive:

  • Rewards: Many users appreciate the 5% cash back in rotating categories, although some note the need to keep track of these categories. The match of all cash back at the end of the first year is frequently cited as a significant advantage.
  • Customer Service: Discover’s customer service is often praised, with representatives being accessible and helpful.
  • Usability: The lack of foreign transaction fees is a boon for students studying abroad or traveling. Plus, the free FICO score is a valuable tool for those looking to build and monitor their credit.

However, like all credit products, some users noted higher APR rates after the initial intro period and emphasized the importance of paying off the balance in full each month.

Reda Also: Can I Have More Than One Discover It Card?

Discover It Student Cash Back Domain_10

While the term “domain_10” isn’t directly related to the Discover It Student Cash Back, it’s essential to ensure any references or sources you access are legitimate. When researching or reading reviews, always ensure you’re on the official Discover website or trusted financial news and review platforms.


Is there an annual fee for the Discover It Student Cash Back card?

No, the card comes with a $0 annual fee.

How does the 5% cash back in rotating categories work?

Each quarter, certain categories (e.g., restaurants, gas stations) will offer 5% cash back. However, there’s a maximum spend limit, after which you’ll earn 1%. Activation is required.

Can international students apply for the card?

Yes, international students can apply. They might need to provide additional documentation, like a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN).

What happens if I miss a payment?

While it’s essential to make timely payments to avoid late fees and potential damage to your credit score, Discover won’t charge a penalty APR for your first late payment.

Final Words

The Discover It Student Cash Back card offers a blend of rewards and benefits tailored to college students. It’s an excellent tool for those looking to build credit while enjoying cash back rewards. As with any credit card, responsible usage is crucial. Ensure you understand the terms, pay off your balance in full each month, and utilize the card’s benefits to get the most out of your credit journey.

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