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Intro Rate<\/td>	0% APR for 6 Months*<\/td><\/tr>
APR<\/td>	as low as 13.99%<\/td>
Fee	$0<\/td>

Discover® Student Card - By Discover

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.
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.

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The Discover® Student Card, issued by Discover, is designed for students with very good credit who are looking for a cash reward credit card.

Through the reward program, cardholders earn a 5% rebate for purchases made in popular categories that change four times a year such as travel, gas, restaurants, movies, and more. In addition, cardholders earn up to 1% for general purchases.

Those who spend up to $1,500 on general purchases will receive a .25% rebate, between $1,500 and $3,000 will receive a .5% rebate, and over $3,000 will receive a 1% rebate.*

Cardholders also earn a 0.25% rebate at select warehouse clubs and discount stores, and they can earn a double Cashback Bonus® for redeeming their rebates for gift certificates from participating Discover® Card Partners. 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 reward program, the card also provides platinum 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, but there is no annual fee and 0% interest on purchases for six months.

Therefore, those 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 has to offer.

*It is important to note that like many cash reward 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.

Updated: Wednesday, April 01, 2009<\/span>
Most Attractive Feature(s): <\/span>0% intro APR on purchases; double cash rebates at participating retailers and merchants (through the Cashback Bonus® award program); no annual fee.<\/span>

Least Attractive Feature(s): <\/span>Low rate not available to all applicants.<\/span>Note: The review of this card was updated on 4/1/2009. The review was believed to be accurate during that time. Some information may have changed since that date. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application. Credit card review information is provided by FlexOffers.com, Inc.<\/span>

Introductory Rate Offer:	0% APR for 6 Months*
Intro Applied To:	Purchases
Intro Details:	There is a 0% introductory APR* on purchases for 6 months. See terms and conditions for complete details.
APR for Purchases:	as low as 13.99%
APR for Cash Advances:	23.99%
Method of Computing Balance:	Average Daily Balance (including new purchases)
Annual Fee:	$0
Annual Fee for Additional Cardholders:	$0
Grace Period:	25 Days (Min.)
Late Payment Fee:	$19 on balances up to $250; $39 on balances over $250
Over The Limit Fee:	$15 on balances up to $500; $39 on balances over $500
Cash Advance Fee:	3%, $5 minimum
Balance Transfer Fee:	None
Minimum Credit Limit:
Maximum Credit Limit:

Type of Reward:	Rebate
Reward Expiration:	None (Account inactivity for more than 36 months could result in the forfeiture of some or all of the Cashback Bonus®.)
Reward Yearly Limit:	None
Rebate Minimum:	.25%
Rebate Maximum:	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.
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.
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.

Category:	Student
Issuer:	Discover
Card Status:	Platinum
Card Type:	Discover
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.

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