Credit Cards » Credit Card Reviews » Discover it® Student Chrome Card: 2022 Review
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Discover it® Student Chrome Card: 2023 Review

The Discover it® Student chrome card provides student customers with top-notch banking benefits, match bonuses and up to 2% cashback.
Author: Andrew O'Malley
Andrew O'Malley

Writer, Contributor

Experience

Andrew O’Malley has a BSc in Economics and Finance. He has worked in the finance industry as a risk analyst and is now pursuing a career in writing. In recent years, he has written for a number of leading publications. He studied Economics and Finance and has been fascinated with the financial markets since his teens.

Review & Fact Check: Baruch Mann (Silvermann)

Baruch Mann (Silvermann)

Financial Expert, The Smart Investor CEO

Experience

Baruch Mann (Silvermann) is a financial expert and founder of The Smart Investor. Above all, he is passionate about teaching people how to manage their money and helping millions on their journey to a better financial future.
Author: Andrew O'Malley
Andrew O'Malley

Writer, Contributor

Experience

Andrew O’Malley has a BSc in Economics and Finance. He has worked in the finance industry as a risk analyst and is now pursuing a career in writing. In recent years, he has written for a number of leading publications. He studied Economics and Finance and has been fascinated with the financial markets since his teens.

Review & Fact Check: Baruch Mann (Silvermann)

Baruch Mann (Silvermann)

Financial Expert, The Smart Investor CEO

Experience

Baruch Mann (Silvermann) is a financial expert and founder of The Smart Investor. Above all, he is passionate about teaching people how to manage their money and helping millions on their journey to a better financial future.

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Discover it® Student Chrome Card

Discover It Student Chrome Card Review

Rewards Plan

1-2%

Sign up Bonus

Match Bonus

Credit Rating

No Credit – Fair

0% Intro

6 months on purchases

Annual Fee

$0

APR

16.74% – 25.74% Variable APR

On Discover Secure Website

Discover it® Student Chrome Card

Discover It Student Chrome Card Review

On Discover Secure Website

Rewards Plan

1-2%

Sign up Bonus

Match Bonus

0% Intro

6 months on purchases

PROS

CONS

APR

16.74% - 25.74% Variable APR

Annual Fee

$0

Balance Transfer Fee

5%

Credit Requirements

No Credit – Fair

Discover it® Student Chrome provides student customers with top-notch banking benefits like 0% intro, match bonuses and cashback.

New cardholders get 0% intro APRs for 6 months on purchases and a one-year match bonus on all the rewards. Cardholders enjoy a 2% cashback at gas and restaurants (up to $1,000 every quarter) and 1% on groceries and other student related products. 

The platform has a ‘good grade reward’ program where students with a 3.0 cgpa and above enjoy a $20 statement credit for up to five years. There is also a $50 statement credit for each referred customer. The platform has the edge over its contemporaries with no annual fees, and there are no charges for overseas transactions. 

Discover Student Chrome is an ideal choice for students because it ranks as one of the top favorites student credit cards due to its numerous benefits and convenience qualities. On the other hand, the rewards rate are quite solid and the cashback has a quarterly cap.

  • Cashback
  • Mobile Application
  • No Foreign Fees
  • Zero Percent APR
  • Reward Offers
  • Low Rewards Rate
  • Cap on Rewards

What is the initial credit limit?

The credit limit for this type of credit card is usually at least $500. The exact limit will depend on your personal financial situation that you have outlined in your application. 

How do I redeem cash back on Discover it Student Cash Back Card?

The rewards can be redeemed at any time for the likes of electronic deposits, statements credits, charitable donations or to pay at certain retailers like Aamzon.com

Should You Move to Discover it Student Cash Back Card?

If you want high cashback rates and double your rewards then the Student Cash back credit card could be a good fit for your specific needs.

What purchases don't earn cash back?

All purchases earn cash back at some level. There are bonus categories that allow you to earn cashback at an enhanced rate up to a certain amount.

How hard is it to get Discover it Student Cash Back Card?

It is not very hard to get your hands on a Discover it student cash back card once you fully complete the application process. There is no minimum credit score requirement currently in place.

Top reasons NOT to get the Discover it Student Cash Back Card?

If the Discover it Student Cash Back Card is set to be your first credit card and you are looking for a very simple and straightforward card.

Table of Contents

Advantages

Let’s take a look at the advantages of this card and see if it’s the right one for your wallet or not.

Customers are liable to claim a 2% cashback at gas and restaurants (up to $1,000 every quarter) and 1% on groceries and other student related products

This offer serves as a discount on all necessary purchases while on campus and may encourage their saving attitude. 

This cashback may be redeemed as statement credits or deposited into your bank account. You may also claim it as gift cards or use them for charity donations.

A software that is optimized to run smoothly on android and ios devices for convenient banking within your home’s comfort. The mobile app is a suitable medium for students to manage their accounts effectively. 

There are no charges for transactions with foreign institutions on your Discover It Student Chrome credit card. 

First-time customers enjoy a 0% APR for 6 months on purchases.

This offer will benefit students that have incurred schooling debts before resumption. For example, many students have to take out student loans due to the high cost of colleges and universities. 

The first six months of using their discover student chrome card will be free of debts and may loosen their necks' financial strain. A zero percent APR will benefit customers who have to make large purchases up to $1,000.  

There is a ‘good grade reward’ program for students with a 3.0 cgpa and more to enjoy a $20 statement credit for up to five years. This offer promotes a positive attitude towards schooling and can be enjoyed throughout the school program. 

Students can bring their friends into the platform and be rewarded – there is a $50 statement credit for each referred customer. 

Disadvantages

After considering all the numerous benefits associated with the Discover Student Chrome credit card, we should also look at some of the drawbacks. 

For student card, the rewards rate is good and even more than expected. However, overall – the rewards rate are pretty low. If you have a good credit card, you may prefer a different card with higher cash back rate.

2% cash back rewards capped to maximum of $1,000 each quarter.

How To Apply For Discover It Student Chrome Card?

Go to the website page for Discover it Student Chrome Application and click on the “Apply now” button. 

You will have to pick from a vast selection of card designs for your order. Scroll down to see the designs.

Scroll down some more to fill in your personal and schooling information: name, address, phone number, e-mail, date of birth, social security number (SSN), citizenship, year in college, graduating year, gross income, rent and bank accounts. Click on the “Next” button after filling in your details.

You will have to read the terms and conditions, consisting of the interest rates and charges on all transactions. 

Scroll down to tick the two boxes showing that you accept the agreement terms, then click “Submit.”

The additional acknowledgments emphasize your decision for Capital One to have your personal and financial information and your full agreement to the terms and conditions. Here is your chance to go back or move on to the final stage. Click “Submit Application” to agree.

Please be patient. You will be requested to wait for a minute or less – please keep the site open while waiting. Once the sixty seconds countdown is over, you will be given a phone number and a reference number. Follow the instructions and place a call to complete your order. 

Is the Discover It Student Chrome Card Right for You?

The Discover It Chrome Student credit card is suitable for customers who require a credit card specializing in promoting financial support to higher institutions. This card is relevant to people up to 18 years of age and residents in the United States. Customers must have social security numbers and be enrolled in tertiary institutions within the country.

If you can meet these requirements and provide all the necessary details during the application, you are guaranteed high-quality offers like rewards, cashback and match bonuses.

This product is right for those with low credit scores as there is no specific requirement

Compare The Alternatives

There are more cards to build credit with – here are some good alternatives to the Destiny card:

chime card

Capital One Journey Student Card

discover-it-student-cash-back_5mNPw7i

Chime Credit Builder
Capital One Journey
Discover It Student Cash Back
Annual Fee
$0
$0
$0
Rewards
None None
Up to 1.25% earn 1% cash back and another 0.25% if you pay on time, so you can boost your cash back to a total of 1.25%
1-5% 5% cash back on activated rotating category purchases (up to $1,500 in purchases each quarter, then 1%) and 1% on all other purchases
Welcome bonus
None None
None $5 per month for 12 months on select streaming subscriptions when you pay on time
Match Bonus Match Bonus for the first 12 months
Foreign Transaction Fee
0%
None
0%
Purchase APR
0%
28.49% (Variable)
16.74% – 25.74% (Variable)

FAQ

Bonus categories for this credit card are capped at $1,500 in total relevant purchases per quarter. After that, you will earn cashback at a regular rate.

While a lot of leading credit cards in the space today will offer car rental insurance, this is not currently the case with this particular credit card.

There are no income requirements currently in place when you are signing up to get your hands on this type of credit card, so no proof of income will be needed

Yes, you can get pre-approval. This provides you with a greater level of flexibility and you do not have to initially subject yourself to a hard credit check.

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Andrew O'Malley

Andrew O'Malley

Andrew O’Malley has a BSc in Economics and Finance. He has worked in the finance industry as a risk analyst and is now pursuing a career in writing. In recent years, he has written for a number of leading publications. He studied Economics and Finance and has been fascinated with the financial markets since his teens.

Editorial Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

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In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.