Discover it® Student Chrome Credit Card Review

Discover it® Student Chrome Credit Card Review

Discover it® Student Chrome credit card has exciting offers for students with rewards for good grades. So we’ll have a brief review of this student credit card with no annual fee.

This student chrome credit card from Discover it® will match all the cashback rewards during the first year. Plus, college students can get a $20 statement credit every time they get a good grade with a GPA of 3.0 or higher (for up to five years).

The Discover it® Student Chrome credit card is one of the best choices for college students who want to start building a good credit history while enjoying as much as 2% cash back rewards on selected gas and restaurant purchases (on up to $1,000 in combined purchases each quarter). Moreover, there is no minimum amount for redemption and it can be done anytime.

Discover it® Student Chrome Credit Card: pros and cons

Rewards system in a nutshell

With Discover it® Student Chrome credit card, you can earn 2% cashback on purchases at gas stations and restaurants, including take-outs and deliveries, up to $1000 in combined purchases every quarter. Beyond the cap, you can still enjoy 1% cashback on all purchases.

Discover it® Student Chrome credit card has a unique reward not offered by the other credit cards. The unlimited cash back sets itself apart from the rest by matching in full all cash back rewards earned during the first 12 months, with no minimum and limit.

The Discover it® credit card rewards won’t expire for the life of the account. But after 18 months of inactivity, your account will be credited with your cashback bonus balance. Other choices for redeeming your cashback rewards are as follows:

• Statement Credit. Enjoy payment relief by using your rewards balance to pay for your Discover bill as a statement credit.
• Use Rewards at Amazon. You can use your rewards to pay for your shopping at Amazon.com. Just link your rewards account with Amazon to enjoy cashless shopping using your cashback bonus. Every dollar of cashback bonus is equivalent to one dollar with Amazon.
• Use Rewards with Paypal. Enjoy your online shopping spree and pay for your purchases using your cashback bonus when you check out with Paypal. You have to link your rewards account first with Paypal to start enjoying this feature. During checkout, just choose Discover as your payment method.
• Give to Charity. Choose from a list of charities and donate using your cashback bonus, starting at a penny.
• Cashback Bonus for Cash. Convert your rewards to cash through electronic deposit to your designated bank account starting at a penny.
• Get a Gift Card. Use your cashback bonus to pay for gift cards starting at $20 or e-certificates from their partner establishments.

Who can benefit from getting the Discover it® Student Chrome Credit Card?

The generous rewards program of Discover it® Student Chrome credit card is designed to prepare students to effectively manage their finances, which is essential for lifelong success. The good news about Discover it® Student Chrome is that even students with no history of credit are eligible for that credit card.

The 0% introductory APR on purchases for the first six months (18.24% - 27.24% variable APR after that) gives you enough time to adjust and manage your finances well before the standard APR is applied. Plus, there is no annual fee. It’s a great cash back reward credit card for college students, with several beneficial uses during school and even after graduation. It is also easy to apply with no minimum income for approval, and the approval rate is high.

Are there any other benefits?

Yes, below are the other benefits you will enjoy with Discover it® :

• $0 fraud liability. If your account is compromised, you will not be held responsible for unauthorized purchases on your credit card.
• No foreign transaction fee. Shop outside of the country without worrying about international fees because this card has no foreign transaction fee.
• Freeze it® on/off switch for your account. You will have the flexibility to switch on or off anytime the Freeze it® feature of your card in case you misplace it or it is lost. Balance transfers, cash advances, and purchases will not be authorized when you freeze the account. However, recurring payments will still be billed, as well as returns and dispute adjustments.
• Free and easy access to your FICO® credit score. You will have easy access to your FICO® Credit Score for free and quickly view your monthly statements online or through the mobile app in Google Play or App Store. You can easily find out what impacts your score in five categories, such as the total number of accounts, length of credit history, and more. Also, tracking your FICO® Score for up to 12 months is made possible with this feature.
• FREE Discover Identity Alerts. When you activate the identity alerts, you will be notified when your Social Security number shows up on the thousands of Dark Web sites known for revealing confidential personal details. You will also get alerts when anyone pulls your credit, allowing you to immediately recognize potential fraud.
• Extensive nationwide coverage. Discover it® has a 99% nationwide coverage on places that accept credit cards.
• 24/7 customer service. US-based customer service representatives are available any time of the day.

Conclusion

The rewards program of Discover it® Student Chrome credit card is tailored-fit for college students starting to build a good credit history. The rewards for good grades should inspire students to excel in their classes, while the no annual fee and 0% APR for the first six months (18.24% - 27.24% variable APR after that) give students enough space to efficiently manage their finances. Moreover, the easy access to the FICO® Credit Score allows them to quickly monitor the progress of their credit score, while the Discover Identity Alerts provide the safety net to their financial profile.

Overall, the Discover it® Student Chrome credit card is a standout in terms of rewards and programs for students, and the unique cashback match only from Discover is enough inspiration to get one with minimal requirements to apply.