The Discover it® Student Cash Back credit card is a great option for students just beginning to build their credit history. This group often has limited options due to low or no credit scores and minimal ways to prove financial stability. That’s why having a credit card designed specifically for students can be such a smart move. Learn more about this Discover card, how it works, and whether it’s a good match for your needs.
Rewards & Bonuses
At first glance, the Discover it Student Cash Back may seem like a standard credit card — but it actually offers valuable perks tailored to students. Its biggest highlight is the cash back program, which gives you 5% cash back on rotating categories each quarter (up to $1,500 in purchases) after you activate the category through the app or website.
Whether it’s restaurants, gas, or entertainment, you can maximize your rewards based on your lifestyle. All other purchases earn 1% unlimited cash back, no matter where you shop.
One of the card’s standout features is the Cashback Match. At the end of your first year, Discover automatically matches all the cash back you’ve earned — with no minimums or caps. For students just getting started, this is a great way to boost your balance, and the matched amount can be used however you like — toward your statement, transferred to your bank account, or used for partner discounts.
The card also reports to all three major credit bureaus every quarter, helping you build a positive credit history over time. And another bonus: 0% intro APR on purchases for the first 6 months — a helpful feature if you need flexibility early on.
Rates & Fees
After the 6-month promotional period, the card charges an intro APR of 10.99% on balance transfers for 6 months, with a 3% balance transfer fee during that period. After that, the variable APR ranges from 17.24% to 26.24%, depending on your creditworthiness.
Importantly, the Discover it Student Cash Back has no foreign transaction fees, making it a smart pick for students who travel abroad or shop internationally — especially those studying overseas.
Another appealing feature is first late payment forgiveness — you won’t be charged the first time you miss a payment (up to $41), and there’s no penalty APR. This allows students to learn financial responsibility without harsh penalties. Plus, you get free access to your FICO® Score each month directly in the app.
Who Can Apply for This Card?
The Discover it Student Cash Back is one of the most accessible credit cards available for new borrowers. While there are no credit history or score requirements, you must be at least 18 years old, enrolled in a college or university, and provide a Social Security Number (SSN) and proof of income.
Once you graduate, the card automatically transitions into the standard Discover it Cash Back version — no additional steps or reapplication required.
How to Apply for the Discover it Student Cash Back
If this card sounds like a fit for you, the application process is simple. You can apply directly through Discover’s website or mobile app, submitting your personal info and required documents. Most applicants receive a decision within a few hours.
For more guidance, Discover also has in-person representatives who can help walk you through the application process. But overall, it’s quick and beginner-friendly — ideal for students starting to build their financial foundation.
If you get the approval, the bank will mail your card to your registered address and remains valid through your expected graduation date.
Is the Discover it Student Cash Back Worth It?
If you’re looking for a solid entry-level card with useful perks and rewards, the Discover it Student Cash Back is one of the top options available to students.
Its rotating cash back categories, first-year Cashback Match, and 0% intro APR make it an excellent choice for building credit while earning rewards. The no-fee structure and easy access — even with no prior credit history — add to its appeal.
Although it’s built for college students, the automatic upgrade to the standard Discover it Cash Back card after graduation gives it lasting value. For anyone starting out in the financial world, this card offers a strong combination of flexibility, rewards, and support.
All information in this and other BOISLA articles is subject to change over time. Please check for updates directly with the institutions and companies mentioned. Approval is subject to the institution’s review.
REFERENCES:
Read more about credit cards in https://boisla.com/category/credit-card/
