With no annual fee or credit score needed, you can easily apply for your Discover it Student Cash Back.
Plus, if you are interested in more features, find out how to take advantage of them now!
The Discover it® Student Cash Back credit card is a great option for college students to cultivate good financial habits and ensure they do not end up in any difficult financial situations in the future. By using this card, they will have access to credit cards with better rewards and benefits down the road. Don’t miss out on the amazing rewards of using a Discover credit card! Not only would you be receiving cash back for all your purchases, you’d also get the chance to double your initial cash back within the first year of using it.
If you don’t fulfill the criteria for this University Card, it’s advisable to explore other cards and consider buying a secure credit card. Insurance cards can be a great way to set up a credit history & establish your creditworthiness. The card’s limit is determined by the security deposit you make, and this amount is fully refundable. Discover offers excellent options in this category with incredible benefits available to all users, not just students.
Building Credit with Discover it Student Cash Back
Growing your credit rating & score can be expedited by having accounts reported to the major industry players of Experian, Equifax and TransUnion. A prime example of this is the Discover it Student Cash Back card, which does this for you.This card is a great choice for those striving to build their credit score. To ensure your credit report reflects the right details, it’s important to monitor and make timely payments each month. This will help maintain or increase your score as you go along.
Having a good credit score unlocks many possibilities and provides access to better card & loan options. The Discover it Student Cash Back card allows you to track your credit score (through TransUnion) which helps you monitor the progress of improving your rating. If you were wondering about the minimum credit score needed for the Discover card, unfortunately, this information is not available from Discover.
As reported by Experian, college students can apply for this credit card if they have a minimum FICO score of 580 which usually represents fair credit. However, don’t worry! Even if you don’t have a credit score and are new to the world of credit, you may still be eligible to get this card. It’s not necessary nor obligatory to have a credit score for approval – but it might help in the process. You are aware that, with this credit card, your credit activity will be reported promptly to the three main reporting agencies in the industry.
Who is this credit card for?
The start of your financial journey is always a challenging one, especially when it comes to getting access to services like loans & credit cards. When you’re young, this can definitely be more difficult. Figuring out if you’re eligible to get a new credit card isn’t an easy task. It requires some research and understanding of the criteria for eligibility. Student credit cards have been designed to enable young adults to access their first card much more easily. It bridges the gap that was once there, creating an easier process for those just starting out. Do not fret, this process is very straightforward and can be done in no time.
To get a student credit card, applicants must meet a few criteria. These include being at least 18 years old, studying in an accredited college/university (for two or four years), and having a valid US Social Security number. For example, the Discover it Student Cash Back card requires all of these conditions to be fulfilled. The journey doesn’t end here! Young adults need to demonstrate their financial independence and this can be achieved by having a part-time job. To ensure that your financial standing is satisfactory, you may need to provide proof of income.
Apply for the Discover it Student Cash Back
You have now been informed of the primary features and concepts of this credit card. It is time to understand how to apply for your own Discover it Student Cash Back Card.Discovering student cash back is easy and convenient. All you have to do is visit the Discover website and then pick the card that you want. The entire process is online and it will only take a few moments of your time.
When you’ve selected the card of your choice, click on “Apply now” and fill in details such as your name, date of birth and home address.Schools usually ask for simple info like college year, housing & rent expenses, total income & email address. They may also require a few more details but nothing overly complicated. After selecting a design from the nearly 20 options, you can move forward and input all the other necessary information. Once that’s done, your order will undergo review. Then all you have to do is wait and reap the rewards of your card! Happy shopping!