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The DiscoverŪ Student Card -
Clear, issued by Discover,
provides a Cashback BonusŪ
reward program to cardholders.
Through the reward program,
students can earn a 5% rebate
for purchases made in categories
that change four times a year
such as travel, gas,
restaurants, movies and more. In
addition, cardholders earn up to
1% for general purchases.
Students 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.*
Cardholders also earn a 0.25%
rebate at select warehouse clubs
and discount stores, and they
can earn a double Cashback
BonusŪ for redeeming their
rebates for gift certificates
from participating DiscoverŪ
Card Partners. There is no
yearly limit on the amount of
rebates that can be earned, and
rebates do not expire as long as
the account is active within a
36-month period.
Aside from the reward program,
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, but there is no
annual fee and 0% interest on
purchases for six months.
Therefore, those who plan to
spend over $3,000 a year (to
earn the 1% cash rebate), plan
to use their Cashback BonusŪ
award at participating retailers
(to earn a full 5% rebate and
double cash rebates), and plan
to pay in full each month (to
avoid costly finance charges)
will benefit most from what the
DiscoverŪ Student Card - Clear
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 BonusŪ award.
- 5% Cashback BonusŪ* in categories that change like travel,
department stores, gas, groceries, restaurants, and more means extra money
for you, and extra toppings for your pizza.
- 5% to 20% Cashback Bonus at our exclusive (as in you need to be
on the list) online shopping mall.
- Up to 1% unlimited Cashback Bonus on everything else you buy -
from textbooks to toothpaste, automatically.
Apply Now!
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