Discover it Student Gas & Restaurants

Discover it Student Gas & Restaurants: A Comprehensive Overview

If youre a student looking for a credit card that not only helps build your credit history but also rewards you for everyday spending, look no further than the Discover it Student Gas & Restaurants. Issued by Discover Financial Services, this card is tailored specifically for students seeking to earn cashback on gas and restaurant purchases, providing both flexibility and value.

Card Type

The Discover it Student Gas & Restaurants is a student credit card that offers a unique cashback rewards program. Designed especially for students, this card provides an excellent opportunity to earn cashback while managing your finances responsibly during college years.

Annual Fee

One of the most attractive features of the Discover it Student Gas & Restaurants card is its no annual fee. This makes it a cost-effective choice for students who may already be managing tight budgets.

Rewards Program

The rewards structure of the Discover it Student Gas & Restaurants card is straightforward and appealing for students. Cardholders earn 5% cashback on gas station and restaurant purchases (on up to $1,500 in combined purchases each quarter) and 1% on all other purchases. This program allows students to maximize rewards on common expenses, turning regular spending into valuable cashback.

Rewards can be redeemed in several ways, including as a statement credit or direct deposit into your bank account. This flexibility is especially beneficial for students looking to manage their cash flow effectively.

Sign-Up Bonus

Upon approval, new cardholders can take advantage of a generous cashback match for the first year. Discover will match all the cashback earned at the end of the first year, effectively doubling your rewards and providing an excellent incentive for new users.

APR (Annual Percentage Rate)

The Discover it Student Gas & Restaurants card comes with a variable APR that typically ranges from 17.99% to 26.99%, depending on your creditworthiness. The card offers an introductory 0% APR on purchases for the first six months, making it an excellent option for students looking to make larger purchases without immediate interest charges.

Foreign Transaction Fees

Students planning to travel abroad will appreciate that this card has no foreign transaction fees. This feature allows cardholders to use their card internationally without incurring additional costs, making travel more affordable.

Balance Transfer Options

While the Discover it Student Gas & Restaurants card is primarily focused on cashback rewards, it does offer favorable balance transfer options. New cardholders can enjoy an introductory APR of 0% on balance transfers for 14 months, followed by the standard rate. A fee of 3% applies to the amount transferred, providing a helpful way to manage existing debt.

Additional Fees

Its essential to be aware of other fees associated with the card. While there is no annual fee, late payments may incur a fee of up to $40, and cash advances also come with a fee of either $10 or 5% of the amount of each cash advance, whichever is greater.

Card Benefits and Perks

In addition to cashback rewards, the Discover it Student Gas & Restaurants card offers several valuable benefits. These include free access to your FICO credit score, allowing you to monitor your credit health. Cardholders also benefit from features such as fraud monitoring and zero liability for unauthorized charges.

Customer Protections and Insurance

Discover prioritizes customer protection. The Discover it Student Gas & Restaurants card includes purchase protection, which covers new purchases against damage or theft for up to 90 days. Additionally, cardholders enjoy rental car insurance, providing peace of mind while traveling.

Eligibility and Credit Score Requirements

The Discover it Student Gas & Restaurants card is designed with students in mind, making it accessible even for those with limited credit history. Generally, applicants with a credit score in the range of 580 to 740 have favorable eligibility for approval.

Introductory Offers

As previously noted, new applicants can take advantage of a 0% intro APR on purchases for the first six months. This offer allows students to make essential purchases without the burden of interest during their first semester.

Special Features or Unique Selling Points

What sets the Discover it Student Gas & Restaurants apart is its unwavering commitment to students. With a rewards program that specifically targets frequent categories like gas and dining, it aligns perfectly with the needs of student lifestyles.

How to Apply

Applying for the Discover it Student Gas & Restaurants card is simple. Interested students can apply online by visiting the UpCube.net and find out how this card could benefit you.