Discover Student Card is generally considered to be fairly easy to get, with a higher approval rate for students with limited or no credit history.
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The Discover Student Card is widely regarded as an accessible credit card option for students, particularly those with limited or no credit history. It offers numerous benefits and features designed to support and empower young individuals in managing their finances responsibly.
One notable feature of the Discover Student Card is its higher approval rate for students with limited credit history. Discover understands that many students may not have an extensive credit background, so they consider factors beyond just credit scores when evaluating applications. This inclusivity allows students to establish credit and build a positive financial track record.
To highlight the accessibility aspect further, let’s consider a quote from a well-known financial expert, Suze Orman: “For students looking to establish a credit history, the Discover Student Card is a great option. It offers flexibility, rewards, and educational resources to help young individuals make wise financial decisions.”
Now, let’s delve into some interesting facts about the Discover Student Card:
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Cashback Rewards: The Discover Student Card offers generous cashback rewards, typically ranging from 1% to 5% on select categories. This can be incredibly beneficial for students looking to maximize their spending.
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Good Grades Rewards: Discover encourages academic excellence by offering a Good Grade Rewards program. Students can earn a $20 statement credit each school year they maintain a GPA of 3.0 or higher.
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No Annual Fee: One of the most appealing aspects of the Discover Student Card is that it has no annual fee. This can be particularly advantageous for students who are managing their finances on a limited budget.
Now, to present the information in a clear and organized manner, here is a table summarizing the key features and benefits of the Discover Student Card:
| Key Features | Benefits |
|---|---|
| Higher approval rate | Accessible for students with limited or no credit history |
| Cashback rewards | Earn cashback on eligible purchases |
| Good Grades Rewards | Receive statement credits for maintaining good academic standing |
| No annual fee | No additional charges for owning the card |
| Educational resources | Access to financial tools and resources for better money management |
In conclusion, the Discover Student Card is widely considered to be an easy credit card option for students to obtain. With its inclusive approval criteria, cashback rewards, and various student-centric benefits, it serves as an exceptional tool for young individuals to establish credit responsibly and develop essential financial skills.
In this video, you may find the answer to “Is Discover Student Card easy to get?”
The Discover it Student Card offers many benefits, including a 5% cashback on rotating categories each quarter, a $20 statement credit each school year for maintaining a GPA of 3.0 or higher, and no annual fee. Additionally, Discover will match all cashback earned during the first year of membership. The card allows for easy switching on and off, has zero percent intro APR for six months, and includes access to FICO credit scores. The importance of building good credit is emphasized, as it will be necessary for future financial endeavors. The speaker recommends this card for college students looking to establish credit responsibly.
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While the Discover it Student Cash Back and Discover it Student chrome cards are fairly easy for students to get, approval is not guaranteed. Discover will look at a number of other factors, such as recent credit inquiries, number of Discover accounts open, and credit history.
To apply for a student credit card, you need to be at least 18 years old and have some form of income to demonstrate that you could make monthly payments covering your transactions. The application process is simple and only takes a few minutes to complete. Note that you cannot apply for a credit card over the phone if you’re under 21.
You can apply for a student credit card online if you’re at least 18 years old. You cannot apply for offers over the telephone unless you are 21 or older. You will need to have some form of income to demonstrate that you could make monthly payments covering your transactions.
A student credit card application is very simple and only takes a few minutes to complete. Note – you cannot apply for a credit card over the phone if you’re under 21. You’ll just need to provide information such as: Full name Email address Annual income Applying for a student credit card is a smart start to your financial future.
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No credit score is required to apply for a Discover it® Student credit card. The Discover it® Student credit card can help you build credit with responsible use.