The Discover it® Student Cash Back and Discover it® Student chrome are both good options, but which one to get depends on your spending habits and preferences.
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When it comes to choosing a Discover student card, two popular options are the Discover it® Student Cash Back and Discover it® Student chrome. Both cards come with no annual fees, cashback rewards, and benefits designed to help students build credit. However, the best card for you depends on your spending habits and preferences.
The Discover it® Student Cash Back offers 5% cashback rotating categories and 1% cashback on all other purchases. The rotating categories change every quarter and can include popular options such as gas stations, restaurants, and Amazon.com. Plus, at the end of your first year, Discover will match all the cashback you’ve earned. If you spend a lot on the categories offered, this may be the better choice for you.
On the other hand, the Discover it® Student chrome offers 2% cashback at gas stations and restaurants on up to $1,000 in combined purchases each quarter and 1% cashback on all other purchases. This card also offers a statement credit for good grades and a bonus for signing up for Amazon Prime Student. If you spend a lot on gas and dining out, this card may be more beneficial.
In the words of Dave Ramsey, a financial expert and author, “Credit is not your emergency fund, not your vacation fund, not your Christmas fund. Credit is not your wealth building plan and credit is not your way of life.” Remember to use your credit card responsibly and pay off your balance in full each month to avoid high interest charges.
Here’s a table summarizing the differences between the two cards:
| Card Features | Discover it® Student Cash Back | Discover it® Student chrome |
|---|---|---|
| Cashback rate | 5% on rotating categories, 1% on all other purchases | 2% at gas stations and restaurants (up to $1,000 per quarter) and 1% on all other purchases |
| Rotating categories | Yes | No |
| Bonus rewards | Cashback match at end of first year | Statement credit for good grades and Amazon Prime Student sign-up bonus |
| Signup bonus | None | None |
In conclusion, evaluate your spending habits and preferences to decide which Discover student card is the right fit for you. Always remember to use credit responsibly and pay off your balance each month to avoid accruing high interest charges.
A visual response to the word “Which Discover student card should I 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.
I discovered more solutions online
The Discover it® Student chrome offers decent ongoing rewards in specific categories, while the Discover it® Student Cash Back credit card earns a higher rate on spending categories that change quarterly. Both choices are worthy candidates as starter cards, but your spending habits can point you toward the best option.
Also, individuals are curious
What is the difference between a Discover student Chrome and student cash back?
Response: The main difference will come down to whether you want to receive a higher rewards rate on rotating cash back categories or prefer a lower (but consistent) rewards rate on restaurants and gas purchases. Before you choose a student card, be sure to check out the other top student credit cards we recommend.
How do I get the most out of my Discover student card?
Response: The best way to maximize the Discover it® Student Cash Back’s benefits is to plan your spending according to the card’s 5 percent rotating bonus categories and remember to activate them every quarter. Then, at the end of the first year, Discover will match all of the cash back you’ve earned.
Is the Discover student card easy to get? Response to this: 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.
In this manner, Does everyone get approved for Discover it student card?
Response to this: To qualify for a Discover student credit card, you must be at least 18 years old, enrolled in a two- or four-year college, a U.S. citizen and have a Social Security number. You will also need to have verifiable independent income, like a part-time job, and you may have to show proof of income.
In this regard, What are the benefits of using a Discover card as a student?
Discover student credit cards let you earn cash back rewards and start building a credit history while you’re in college. You can also view your FICO Credit Score for free. 1 Students earn 5% cash back on everyday purchases during the school year (and all year long) at different places each quarter, such as
Also to know is, What rewards do Discover student cards offer?
Discover student credit cards let you earn cash back rewards and start building a credit history while you’re in college. You can also view your FICO Credit Score for free. 1 Students earn 5% cash back on everyday purchases during the school year (and all year long) at different places each quarter, such as
One may also ask, How can a Discover card help students build good credit habits? The answer is: Whether you’re brand new or already have some credit history, a student Discover card lets you earn great rewards while building credit with responsible use 5. This includes making all of your payments on time to your Discover account or any other bills and loans.
Similarly, What are the benefits of using a Discover card as a student? Discover student credit cards let you earn cash back rewards and start building a credit history while you’re in college. You can also view your FICO Credit Score for free. 1 Students earn 5% cash back on everyday purchases during the school year (and all year long) at different places each quarter, such as
People also ask, What rewards do Discover student cards offer? The response is: Discover student credit cards let you earn cash back rewards and start building a credit history while you’re in college. You can also view your FICO Credit Score for free. 1 Students earn 5% cash back on everyday purchases during the school year (and all year long) at different places each quarter, such as
Similarly, How can a Discover card help students build good credit habits? The reply will be: Whether you’re brand new or already have some credit history, a student Discover card lets you earn great rewards while building credit with responsible use 5. This includes making all of your payments on time to your Discover account or any other bills and loans.