The Discover Student credit cards focus on the financial needs of college students, and they provide several other ways for you to boost your scores, gain moneyback, receive cash back, and much more. Some of these features of a Discover Student credit card include:
A – Good grade reward; where you will earn a $20 cash reward every time your GPA rises above a certain minimum. This can give you enough money to purchase that new laptop, a new pair of shoes or even a new car. There are many credit cards that offer this as a reward, but Discover Student offers it in a special way that will allow you to earn multiple rewards.
B – Cash back on gas purchases; another great perk of a Discover Student card. You can earn up to 5 percent cash back, which is an added incentive for saving on your monthly gasoline expenses. Most of the rewards also pay a flat annual percentage rate (APR), which is excellent, especially for people that tend to overspend on gas.
C – Rewards that are directly related to what you are spending; here you will find rewards from restaurants, movie tickets, books and even clothing. The more you spend, the more you earn! If you don't need to purchase something right away, you don't have to spend any money at all. All you do is keep spending and earning, which will help boost your credit.
D – The Discover card allows you to build your balance slowly. In doing so, you will be able to build a good credit history, which will make it easier to qualify for future credit offers. As you make monthly payments, the balance on your card will start to decrease. This is a great benefit, since it allows you to gradually build a better credit history over time.
E – Discover Student credit cards offer the ability to make money transfers. You are allowed to transfer money between your student credit card and your regular credit cards. You can also withdraw money from your Discover student card at any ATM near you.
F – The Discover Student card also provides some other benefits as well, like money back offers, free access to online merchant accounts, perks and much more! If you need more information on how to get started on your search for a card, you can visit the Discover Credit Card website.
The Discover Student credit cards are offered by a number of financial institutions. Be sure to read all of their terms and conditions to see if there is a specific program that you would like to apply for. Some cards are even offered with no annual fee! Some other good credit cards include the Discover Student Cash Back, Discover Student Rewards Credit Card, Discover Premier Rewards Credit Card, Discover EasyCard, Discover Student Premier Rewards Credit Card, Discover Student Rewards Credit Card, Discover Cash Back Mastercard, Discover Student Reward Credit Card, Discover Student Credit Card, and Discover Cash Back Mastercard.
The most important thing to remember when looking at a student credit card is that you are not going to be given an amount of money to spend. It will give you the opportunity to build your credit rating. There will be limits to the amount of money you can spend as well. So don't spend any more than you have to!
If you are concerned about getting a card for people in college, then it might be a good idea to look around at other student credit cards that are available. There are a number of options for students who are just starting out. or are going back to school. These cards usually charge a low rate. but can be very beneficial, especially when you are going back to school and you want to build up a good credit rating.
Once you've built your credit, you can start to rebuild your credit after graduation and build your credit history while building your credit history. In turn, this will help you later on when you apply for a job or to take out car loans or for your first house.