Q: Are your parents helping out? If you are receiving help from your parents for living expenses it may be in your best interest to choose a card without a sky-high spending cap. Learn more: View Discover it® Student Cash Back card details to apply. The material on this site is not intended to provide legal, investment, or financial advice and does not indicate the availability of any Discover product or service. While paying a bill can be daunting, Discover offers convenient email and text alerts you can activate to help you when the following happens: These alerts can also be cancelled at any time. Each purchase adds to your credit card balance, along with any interest or fees. As students transition out of school and into the workforce, many of those good financial habits that started, and continued, with managing a student credit card can also transition into good lifetime financial habits. An annual fee is a fee that may be charged on a yearly basis for maintaining a credit card. Choose one card that works for your situation and avoid signing up for additional lines of credit at every retailer and free t-shirt giveaway. you must update your browser as soon as possible. A billing cycle is recurring and usually on a monthly basis. Chrome Disclosure: You earn a full 2% Cashback Bonus® on your first $1000 in combined purchases at Gas Stations (stand-alone), and Restaurants each calendar quarter. Freeze It®: When you freeze your account, Discover will not authorize new purchases, cash advances or balance transfers. My choice was Discover Student Credit Card. You need to have credit to get credit. Good Grade Reward only available to new cardmembers on or after 7/23/2015 who indicate on their application that they are currently enrolled in college, and whose accounts are current and remain open when the Good Grade Reward is requested. Explore our Secured credit card to help build your credit history. Fees to Watch Out For . How Can I Double My Rewards with Discover Cashback Match? Q: Are you working your way through college? How can I remember to pay my bills on time? Late payments, delinquencies or other derogatory activity with your other credit card accounts and loans may impact your ability to build credit. How does cash back work on a credit card? Credit card applications often don’t address that question. What are the Benefits of a Student Credit Card. And, naturally, you’ll have to be a student. In order to enjoy the full experience of the Discover Students with a Discover it® or Discover it® Chrome card who have a GPA of 3.0 or higher (or equivalent) during a School Year (September - August) may apply at Discover.com for a $20 statement credit ("Good Grade Reward"). The Discover student credit card has an interesting cash back program that allows you to earn 5% cash back on specific categories after you sign … Discover it® Student Cash Back Credit Card One-Time Offer . A very important note : Apply for a credit card only in that company’s site. For example, say you spent $50 buying coffee for your study group, and your card gives you 1% cash back on this purchase. Most credit card issuers (including the major credit card issuers , like Chase, Citi, and Discover) report card activity to the bureaus, so you typically have nothing to worry about. If you’re just new to credit, you might consider the Discover it Secured card, or become an authorized user on a parent’s credit card. The Discover it Student Cash Back is one of the best student credit cards on the market, thanks to its $0 annual fee, impressive cash back rewards rate, first-year cash back match and user-friendly terms. Also increase your credit scores are and what ’ s site built on that purchased amount option since no is... Back credit card most student credit cards month old yet, and credit... To the top tier of student credit card that is simply geared students. 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