Discover® Student Card - Tropical Beach
Card Type: Discover
Card Issuer: Discover
Card Category: Student
Apply for Platinum BusinessCard with Unlimited Rewards
- 5% Cashback Bonus®* in categories that change like travel, department stores, gas, groceries, restaurants, and more means extra money for you, and extra toppings for your pizza.
- 5% to 20% Cashback Bonus at our exclusive (as in you need to be on the list) online shopping mall.
- Up to 1% unlimited Cashback Bonus on everything else you buy - from textbooks to toothpaste, automatically.
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- Rating:
- Intro Rate:
- 0% Interest* for 6 Months
- APR (Cash):
- 23.99% Variable
- APR (Purch):
- as low as 13.99%* Variable
- Annual Fee:
- $0
Review
The Discover® Student Card - Tropical Beach, issued by Discover, is designed for those with an average or limited credit history who are looking for a cash rewards credit card. Through the rewards program, cardholders earn a 5% rebate for purchases made in popular categories that change four times a year like travel, gas, restaurants, movies, and more. Plus, cardholders earn up to 1% for general purchases. Cardholders will earn a 1% unlimited Cashback Bonus on all purchases after their total annual purchases exceed $3,000. Purchases that are a part of the first $3,000 will earn .25%. Cardholders also earn a 0.25% rebate at select warehouse clubs and discount stores, and they can earn 5% to 20% Cashback Bonus® at Discover's exclusive online shopping mall. There is no yearly limit on the amount of rebates that can be earned, and rebates do not expire as long as the account is active within a 36-month period. Aside from the rewards program, the card also provides standard benefits, including online account management, no liability for unauthorized transactions, and discounts on products and services at participating merchants and retailers. The APR for this card is reasonable and but there is no annual fee and 0% interest that applies to purchases for six months. Therefore, students who plan to spend over $3,000 a year (to earn the 1% cash rebate), plan to use their Cashback Bonus® award at participating retailers (to earn a full 5% rebate and double cash rebates), and plan to pay in full each month (to avoid costly finance charges) will benefit most from what the Discover® Student Card - Tropical Beach has to offer. *It is important to note that like many cash rewards cards, the highest rebate offered will not apply to all purchases made with the credit card. In this case, 1% will be applied only to those purchases made after the cardholder spends over $3,000 in one year, so the overall cash rebate earned will be less than 1%, depending on the amount spent. For instance, if the cardholder were to spend $4,000, only $1,000 of this amount would be applied towards the 1% rebate. However, this does not take into account any promotional offers or the full 5% Cashback Bonus® award.
Most attractive features: Cashback Bonus® award program; no annual fee.
Least attractive features: Low rate not available to all applicants.
Additional Perks: Various card designs to select from. Various Internet account related services. No liability for unauthorized transactions. Discounts on products and services at participating merchants and retailers. See website for additional benefits.
Rates & Fees
Introductory rate: 0% Interest* for 6 Months
Applied towards: Purchases
Introductory Rate Details: *There is a 0% introductory APR on purchases for 6 months. See terms and conditions for complete details.
Apr(Purchases): as low as 13.99%* Variable
Apr(Cash Advances): 23.99% Variable
Finance Configuration: Average Daily Balance (including new purchases)
Annual Fee: $0
Additional Cardholders: None
Grace Period: 25 Days (Min.)
Minimum Credit Limit: n/a
Maximum Credit Limit: n/a
Late Payment Fee: $15 on balances up to $500; $39 on balances over $500
Cash Advance Fee: 3%, $5 minimum
Balance Transfer Fee: None
Important Notations: *See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on Discover's website.
Rewards
First Purchase Bonus: None
Balance Transfer Bonus: None
Annual Bonus: None
Other Bonus: None
Bonus Details None
Reward Type: Rebate
Optional Rewards: No
Minimum Rebate: .25%
Rebate Details: Earn a 0.25% rebate for up to $1,500 in general spending; 0.5% for over $1,500 up to $3,000; and 1% for over $3,000. Reward is redeemable in $20 increments only.
Maximum Rebate: 5%
Additional Rebates: Earn a 5% Cashback Bonus® in popular categories that change four times a year like travel, gas, restaurants, movies, and more. Earn a 0.25% rebate at select warehouse clubs and discount stores. Earn up to double Cashback Bonus® at participating Discover Card Partners.
Miles per Dollar spent: n/app
Mile Reward Details: n/app
Additional Miles: n/app
Points per Dollar spent: n/app
Point Details: n/app