Discover it Student Cash Back

Discover it Student Cash Back is a student card from Discover with no annual fee, cashback match - all cash back earned in first year is doubled, plus $20/year good grade reward, and fair credit.

Why we like it

Its strongest earning category is Dining at 5%, backed by 1% on general spending. It also avoids foreign transaction fees.

Earn elevated rewards with 5% on Dining (up to $1500/quarter) (rotating quarterly), 5% on Gas (up to $1500/quarter) (rotating quarterly) and 5% on Groceries (up to $1500/quarter) (rotating quarterly), plus 1% on other purchases.

• 5.0% on dining up to 1500
• 5.0% on gas up to 1500
• 5.0% on groceries up to 1500

Welcome offer

Cashback Match - all cash back earned in first year is doubled, plus $20/year good grade reward

Bonus value estimate: $0 · Spend requirement: $0 in 12 months

People focused on student rewards who want to avoid an annual fee and who typically have fair credit.

Qualification snapshot

Recommended credit: Fair credit. Published score range: 580-700.

Historical approval estimate in the current dataset: 90%

Pros

• Cashback Match - all cash back earned in first year is doubled, plus $20/year good grade reward
• No annual fee to offset rewards
• Earns 5% on Dining
• Earns 5% on Gas

Tradeoffs

• Base rewards on non-bonus spending are relatively modest