With college costs continuing to rise, many students are turning to financial aid options like the Discover It Student Cash Back card. But is it worth it? In this article, we’ll compare the card’s features and rewards against those of other popular financial aid cards.
What is Discover It?
Discover It is a credit card company that specializes in student loans and credit cards. The Discover It Student Cash Back card is one of their products. This card offers cash back rewards on purchases made at participating merchants. The Discover It Student Cash Back card also has an introductory 0% APR for the first 12 months. After the introductory period, the APR is 15%. The Discover It Student Cash Back card has a $0 annual fee and a $0 foreign transaction fee.
The Discover It Student Cash Back card offers rewards on all types of purchases, not just those made at participating merchants. For example, if you make a purchase at a gas station, you will receive rewards on that purchase as well as any other purchases you make during the month.
The Discover it Student Cash Back card has an introductory 0% APR for the first 12 months. After the introductory period, the APR is 15%. The Discover It Student Cash Back card also has a $0 annual fee and a $0 foreign transaction fee.
How Does Discover It Work?
Discover It is a cash back card that offers rewards for purchases made at stores and online. Customers earn one point for every dollar spent, with a maximum of 50 points per month. The card can also be used to withdraw cash from ATMs. The Discover It Student Cash Back card is only available to students who are enrolled in college, graduate school, or vocational training programs. The card has an annual fee of $19.99, but it offers a higher rewards rate than other cards available to students.
The Discover It Student Cash Back card has a rewards rate of 1% back on all purchases and double points on the first $1,000 spent each month. In addition, there is no annual fee and no foreign transactions fees.
Is Discover It a Good Choice for Students?
The Discover It Student Cash Back card is a great choice for students because it offers great rewards for spending. When you use the card to make purchases at participating merchants, you can earn cash back rewards that can amount to several dollars per month. Plus, the Discover It card is easy to use and has no annual fee. If you’re looking for a good cash back card for students, the Discover It Student Cash Back card is a great option.
The Pros and Cons of the Discover It Student Cash Back Card
The Discover It Student Cash Back card is a great way to earn rewards for your purchases. The card has a wide range of benefits, including 2% cash back on all purchases and no annual fee. However, there are some cons to consider before signing up for the card. Here are some of the pros and cons of the Discover It Student Cash Back card:
PROS:
-The Discover It Student Cash Back card has a wide range of benefits, including 2% cash back on all purchases and no annual fee.
-The card is accepted at many places where you can earn rewards, including restaurants, grocery stores, and gas stations.
-You can also use the card to pay for tuition, school supplies, and other expenses related to your education.
-The processing fees are low compared to other credit cards.
CONS:
-There is a limit of $1,500 in combined spending per month on the Discover It Student Cash Back card and any other Discover cards you have open with the bank. This limit may not be enough if you frequently make large purchases or use the card for major expenses like tuition payments.
-The Discover It Student Cash Back card doesn
Conclusion
The Discover It Student Cash Back card is a great way to get rewards for your spending, but is it worth the annual fee? In short, yes. The Discover It Student Cash Back card offers big rewards for relatively small spending, and the annual fee isn’t that bad when you compare it to other credit cards on the market. If you are interested in signing up for the card, be sure to read our full review of the Discover It Student Cash Back card before making your decision.