Discover It® Student Chrome Credit Card Review: Cashback Rewards & More

If you want a credit card that offers you little rewards and promotions and you are an aspiring student, The Discover it Student Chrome card is your best option in that case. Since this card doesn’t require a credit score and because all three credit reporting bureaus handle its reporting. You can therefore establish credit after using this card. We’ll give you a straightforward Discover it Student Chrome review in this article. We will go over the benefits, drawbacks, annual costs, and pretty much anything else you need to know to obtain a Discover it Chrome Student. Let’s start.

Discover It® Student Chrome Credit Card Overview

Our Rating: 4.4/5

Discover it® Student Chrome is for students who wish to make credit and earn cashback on regular purchases. For college students, it is easier to have a “starter credit card” than a secured credit card. It also gives reports to all 3 agencies so it is easy for them to maintain a credit record.

Discover it Student Chrome Credit Card

If we talk about rewards then it offers a 2% Discover it student cash back card on gas stations & restaurants and 1% on different purchases. You don’t have very good rates for rewards but at least students who have budget cuts can go for this card.

It provides 0% APR & also 1% to 2 % cashback rewards. A credit score is not required for getting approval which means no need to deposit any security amount.

Important Points

  • 0% APR Period: 6 Months
  • Credit Score: 580–739
  • Purchase APR: 15.99%–24.99% (variable)
  • Annual Fees: $0

Pros

  • It doesn’t require any credit score.
  • No need for an annual fee.
  • Zero foreign settlement fees.
  • There is 0% APR if you do purchase for six months.
  • Get 1% to 2% cashback.
  • It reports to all 3 agencies.

Cons

  • You should be a student.
  • Not getting a chance to choose reward types.
  • If you use balance transfer then there is no 0% APR.

Additional Information

  • It will not charge any fee if you pay your 1st payment late.
  • You can check your FICO score by using “The discover app”.
  • Through “Discover Identity Alerts”, you can monitor your “Experian report & dark web” activity.
  • You can get $50 to $100 if you give a referral to any family member for a Discover it Student Chrome card and it was approved.

Features

Take a look at what a Student Discover Chrome card has to offer and how to apply.

1. Fees

  • Balance transfer fee: 3% of the amount on offer or 5% of the transfer amount
  • Foreign transaction fee: None
  • Annual fee: $0
  • Returned payment fee: Up to $41
  • Cash advance fees: $10 or 5% of the amount.
  • Late payment fee: $0 for 1st late payment; then, need to pay $41

Note: As there is no Foreign settlement fee it is easy to carry it abroad.   

2. Rewards

It provides 2% cashback which is $1000 on collective buying at the gas stations & restaurants & 1% on different purchases. The restaurants that it covers are “cafes, food chains, & delivery duty”. The welcome bonus will be equal to your 1st-year cashback and it will double your cash back at the end of time. 

3. Grace Period

Discover it student card grants a 25 days grace period. There will be no interest if you do any purchases within 25 days and there is no pending amount left in the statement. 

4. Balance Transfers

At the beginning of the balance transfer in which the rate of APR will be 10.99% and the fee will be also less than 3%. Once this period is over, they will charge a similar APR which is 15.99% to 24.99% (variable) and you have to pay a fee of 5% on the amount that has been transferred.

5. Cash Advances

If you do cash advances with a Discover chrome student card then a 26.49% variable APR will be charged and also you have to pay a fee of either $10 or around 5% of the amount. 

6. Application and Approval

If you want to get this card then you need to look at the requirements mentioned below:

  • You should be able to show income proof.
  • Not less than 18 years.
  • You should have a Social Security Number.
  • Must not have an active Discover student card.
  • College or university students registered in two or four years.

7. Credit Reporting

It reports payments to all 3 agencies. As it is very crucial for consumers who wish to make credit records.

Is Discover it Student Chrome Card Good to Use?

A straightforward but valuable credit card, the Discover it Student Chrome credit card can aid students to establish their credit while generating a flow all year long. Students who took a sizable balance at the beginning of the semester may find the introductory deal, which includes six months of 0% APR & cashback. 

If the students want more cashback rewards then this card is not for them. But, for a beginner, this credit card is best as it can create a credit history.

For Whom this Card Stated?

Below are the users for whom this card is meant:

  • Students who need the Rewards Program: From the Discover it Chrome Student card, you can get cash back on regular purchases without having any plan or get reward redemption because there are no rotating types to keep track of/points to convert.
  • Students Looking for 1st Unsecured Credit Card: There is no yearly fee or cashback rewards, and also no fee will be charged if you are late for making your first payment. It also helps in maintaining credit records as it reports to all 3 agencies. 

Other Options

Have a look at other options that are available for students:

1. Discover it Student Cash Back

Our Rating: 4.6/5

Discover it® Student Cash Back

Discover it Student Cash Back card is for US students who can use this card with zero yearly fee, cashback, and other promotional offers. It provides 5% cashback rewards on various types of purchases and 1% on others.

Important Points

  • Annual Fee: $0.00
  • Credit Score: 580 to 739 
  • Purchase APR: 15.99% to 24.99%
  • APR Period (0%): 6 Months.

2. Bank of America® Unlimited Cash Rewards for Students

Our Rating: 4.2/5

Bank of America® Unlimited Cash Rewards for Students

Bank of America Unlimited Cash Rewards for students are good for those who need to do big purchases and want to transfer the balance. It provides less cashback if you have already created a credit score. 

Important Points

  • Annual Fee: $0.00
  • Credit Score: 580 to 739 
  • Purchase APR: 16.99% to 26.99%
  • APR Period (0%): 18 Months.

3. Capital One SavorOne Rewards for Students

Our Rating: 4.7/5

Capital One SavorOne Rewards for Students

This card is for those who are looking for high-education as it provides attractive rewards and there is no yearly fee. It offers cashback on 4 levels:

  • You will get 8% off if you book tickets from Capital One Entertainment & the Vivid Seats.
  • 5% cashback on hotel & if you take a car on rent from Capital One Travel.
  • Get 3% rewards on grocery, entertainment, and streaming sites.
  • And the last 1% on different purchases.

Important Points

  • Annual Fee: $0.00
  • Credit Score: 580 to 739 
  • Purchase APR: 17.99% to 27.99%

Final Say

Discover it Student Chrome credit card is meant only for students which are good or bad in one way or the other. It is good for students but not for other users. That’s why we can’t fully judge it as it gets a good rating of 4.4 out of 5. So, it’s up to you you have to decide. But, for a beginner credit card, you should go for it and even if it will lead to a credit limit increase in the future.

Frequently Asked Questions (FAQs)

Q1. What happens to Discover Student cards when you graduate?

They will update the Discover student card to a regular Discover it Cash Back credit card.

Q2. How to get a Discover Student credit card?

  • You should be able to show income proof.
  • Not less than 18 years.
  • You should have a Social Security Number.
  • Must not have an active Discover student card.
  • College or university students registered in two or four years.

Q3. What is the Discover Student credit card limit?

The Discover student card limit is $500 or more.

Q4. What is the minimum payment for a Discover Student card?

The minimum payment for a Discover Student card is $20, $15 + late fees, or 3% of the statement balance plus late fees, whichever is larger.

Q5. What credit score is needed for a Discover Student card?

You need a Credit Score between 580 to 739.

Q6. What is the APR on Discover Student cards?

The APR for purchases on the student Discover card is 0% for the first six months. Then, a Standard Variable Purchase APR of 16.74% to 25.74% will be used.

Q7. What is better: Student Chrome or Cash Back Discover Card?

The student chrome is good as it is for those who have tight budgets and don’t want to spend more while a Cash Back Discover card is better for recent cardholders who have both time & money and are ready to spend.

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