Discover® Student Card - Clear

Card Type: Discover
Card Issuer: Discover
Card Category: Student

Review

The Discover® Student Card - Clear, issued by Discover, provides a Cashback Bonus® rewards program to cardholders. Through the rewards program, students can earn a 5% Cashback Bonus for purchases made in popular categories that change four times a year like gas, restaurants, department stores and more. In addition, cardholders earn up to 1% for general purchases. Those who spend up to $3,000 on general purchases will earn a .25% Cashback Bonus. After spending $3,000, cardmembers will earn 1% Cashback Bonus. There is no yearly limit on the amount of rewards that can be earned, and rewards do not expire as long as the account is active within an 18-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. This card has no annual fee and 0% interest on purchases for 9 months. Therefore, those who plan to spend over $3,000 a year (to earn 1% Cashback), plan to use their Cashback Bonus® award at participating retailers (to earn a full 5% Cashback), and plan to pay in full each month (to avoid costly finance charges) will benefit most from what the Discover® Student Card - Clear has to offer.

Most attractive features: Rewards program; no annual fee; 0% intro APR on purchases.

Least attractive features: Low rate not available to all applicants.

Additional Perks: Various Internet account related services. Various card designs to select from. No liability for unauthorized transactions. Fraud and security protection services. Discounts on products and services at participating merchants and retailers. See website for additional benefits.

Rates & Fees

Introductory rate: 0% Interest* for 9 Months

Applied towards: Purchases

Introductory Rate Details: *There is a 0% introductory APR on purchases for 9 months. See terms and conditions for complete details.

Apr(Purchases): 13.99%- 20.99 V

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: n/a

Cash Advance Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater

Balance Transfer Fee: 3% of the amount of each transfer.

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: Automatically earn 1% unlimited Cashback Bonus on purchases after your total annual purchases exceed $3000; purchases that are part of your first $3000 earn .25%.

Maximum Rebate: 20%

Additional Rebates: Earn a 5% Cashback Bonus? in categories that change four times a year like gas, restaurants, department stores and more. Earn a 0.25% rebate at select warehouse clubs and discount stores. Up to 20% Cashback Bonus at popular retailers when you shop online through ShopDiscover.com

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

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