The Discover it for Students is our top pick for student credit cards because it has an excellent rewards program, a fairly low APR (for a student card) and no annual fee. The Discover it™ for Students allows you to earn 5% Cashback Bonus*in categories that change.* like travel, gas, groceries, home improvement stores and more. You can also earn additional points when you redeem them for gift certificates at selected merchants.
The lack of fees is really what sets this card apart however, there are no over-the-limit fees, and you will not be charged a fee the first time you pay late (although we highly recommend that you ALWAYS pay on time, with any credit card). Also, your APR will not be increased for paying late. On top of all of that, this card also has no annual fee, which is a big plus.
You can also choose to receive text and email alerts from Discover. This makes it easy to remember when a payment is due so you never miss a payment and will help you to build a good credit history.
Discover Student it Rewards:
- 5% cash back at Home Improvement Stores & More on up to $1,500 in purchases from April through June 2014 when you sign up.*
- 1% cash back on all other purchases.*
- Click “Apply” to see rates, rewards and other information.
Overall this is a fantastic card for students. The rewards program and features are identical to the standard Discover it card which is only available to people with Excellent Credit – making this our top choice for student credit cards.