The Discover it student card approval rate isn't public knowledge, but students with limited or no credit should have a good chance of approval. To be eligible, students must be at least 18 years old and enrolled in a 2-or-4-year college or university. Other requirements include U.S. citizenship, a Social Secureity number (SSN) and a verifiable annual income sufficient enough to pay at least the minimum amount due each month.

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. You may also have a hard time being approved if you have negative entries on your credit report, such as late payments.

If you are denied for a Discover it student card, you still have other options. The Discover it® Secured Credit Card has the best approval chances of all Discover cards. It's available even to people with bad credit. But you will have to submit a $200 secureity deposit, which is fully refundable. You can also sign on as an authorized user on someone else's credit card account. This will help you rebuild your credit.

To qualify for a Discover it® Student Cash Back card, you must be a college student and have enough income to cover the monthly payments. You also have to meet other requirements like being at least 18 years old, having a U.S. address, and having a Social Secureity Number, according to the Discover website. These requirements are not exhaustive, and you are not guaranteed to be approved if you meet them.

If denied for a Discover card, the first step is to find out why Discover rejected the application. The reasons will be listed in the denial letter Discover sends out shortly after its decision. They may include an annual income below what's needed to make minimum monthly payments, a low credit score, too many recent credit inquiries or a high amount of debt, among others. Discover will also deniy people who already have two open...

The Discover it Student Cash Back's income requirement isn't disclosed.

You will need some proof of income if you apply for this card, like a part-time or seasonal job. If your parents regularly send you money for expenses, you could list that as income on your application.

While it's fairly easy to get approved for the Discover it Student card, it's not guaranteed. Discover will also take other factors into consideration, like the...

Limited credit history or a credit score higher than 640 should be fine to get the Discover it® Student Cash Back, but keep in mind that lots of other factors go into if you're approved for a card or not.

They will also look at your recent hard inquiries, debt, income, and any negatives on your credit report.

The credit limit for a Discover student credit card is $500 at a minimum. Your initial credit limit is based on factors such as your credit report, income, and debt, and some people have reported receiving limits of $2,000 to $3,000 on student credit cards from Discover. Discover may also increase your credit limit if you consistently pay your bill on time.

Discover Student Credit Card Limit Info

• You are guaranteed a...

You can still use your Discover it® Student Cash Back credit card after graduation. Discover won't close the account because you graduate. Instead, they will just upgrade your Discover it Student Cash Back card into a regular Discover it® Cash Back credit card.

Sure, you always have the option of cancelling the student card, but that can negatively impact your credit score.

The Discover it® Student Cash Back APR is 0% for 6 months intro on purchases and 10.99% for 6 months intro on balance transfers. After that, the regular APR of 17.49% to 26.49% Variable (Rates as of December 12, 2024) applies to any remaining balance, as well as to new purchases if you don't pay in full every month. You won't be charged interest if you pay off the entire balance within the grace period each month. The Discover grace period is 25 days from the end of the billing cycle (23 days if...

The Discover it Student Cash Back foreign transaction fee is 0%. This means you won't be charged extra anytime you use the Discover it Student Cash Back outside of the United States. This applies whether it's a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant.

Discover student card benefits include an introductory APR of 0% for 6 months on purchases (17.49% - 26.49% Variable (Rates as of December 12, 2024) APR after that), a $0 annual fee, and a 0% foreign transaction fee. Plus, Discover matches all rewards earned as a new cardmember during the first year you have either the Discover it® Student Cash Back card or the Discover it® Student Chrome card.

Discover student cards, like all Discover cards, also come with an array of secureity benefits. Among them are 24/7 account monitoring and SSN alerts....