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The Discover® Open Road(SM) Card
for Students, issued by
Discover, is designed for
students who would like to earn
cash rewards for their gas and
auto maintenance expenses.
Through the reward program,
students can earn a 5% rebate on
gas and auto maintenance
expenses. In addition,
cardholders earn up to 1% for
general purchases.
Those who spend up to $1,500 on
general purchases will receive a
.25% rebate, between $1,500 and
$3,000 will receive a .5%
rebate, and over $3,000 will
receive a 1% rebate.* Rewards
are redeemable in $20
increments.
Cardholders also earn a 0.25%
rebate at select warehouse clubs
and discount stores, and they
can earn a double Cashback
Bonus® when redeeming their
rebates for gift certificates
from participating Discover®
Card Partners. There is no
yearly limit to the amount of
rebates that may be earned and
rebates do not expire as long as
the account is active within a
36-month period.
The card also provides standard
benefits, including online
account management, no liability
for unauthorized transactions,
and discounts on products and
services at participating
merchants and retailers.
The APR for this card is
reasonable and there is no
annual fee. There is also a 0%
introductory APR that applies to
purchases for six months.
Therefore, students who plan to
spend up to $1,200 a year on gas
and auto maintenance purchases
(to earn the full 5% cash
rebate), plan to use their
Cashback Bonus® award at
participating retailers (to earn
double cash rebates), and plan
to pay in full each month after
the introductory rate expires
(to avoid costly finance
charges) will benefit most from
what the Discover® Open Road(SM)
Card for Students has to offer.
*It is important to note that
like many cash reward cards, the
highest rebate offered will not
apply to all purchases made with
the credit card. In this case,
1% will be applied only to those
purchases made after the
cardholder spends over $3,000 in
one year, so the overall cash
rebate earned will be less than
1%, depending on the amount
spent. For instance, if the
cardholder were to spend $4,000,
only $1,000 of this amount would
be applied towards the 1%
rebate. However, this does not
take into account any
promotional offers or the full
5% Cashback Bonus® award.
- Double Cashback Bonus®
on Grocery Store Purchases
in NOvember and December*
- 5% to 20% Cashback
Bonus® at Top Online
Retailers*
- Up to 1% Unlimited
Cashback Bonus® on All
Other Purchases
Automatically
- Increase, Even Double,
Your Rewards When You Redeem
for Gift Cards from Our 100
Cashback Bonus®
Partners
- No Annual Fee
- Online Account Access
- Online Bill Payment
- *View Discover® Card
Rates, Fees, Rewards, and
Other Important Information
Apply Now!
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