This promotion has ended
A sunset, a selfie-inspired mustache and a Frenchie wearing sunglasses — these are three of six designs that students can vote on as part of Discover’s campaign for the Discover it® Student Cash Back credit card.
The issuer is offering a $50 statement credit to students who vote and apply for a card through the poll link, get approved and make a purchase within the first three months. This offer is available only to new cardmembers through Sept. 21, 2017, — ideal timing for the back-to-school season. The most popular design will become available in 2018.
The Discover it® Student Cash Back credit card has a $0 annual fee. It offers 5% cash back in rotating quarterly bonus categories (on up to $1,500 spent per quarter, activation required) and 1% on all other purchases. Students can earn 5% cash back at restaurants during the third quarter of 2017. To earn bonus rewards, cardholders must sign up for each category every quarter.
The design vote also applies to the Discover it® Student chrome, but applying for this card will not qualify you for the $50 statement credit. Still, this card may be worth a glance. It has a $0 annual fee. It also offers 2% cash back at gas stations and restaurants (on up to $1,000 in combined purchases per quarter) and 1% on all other purchases.
For college students, every little bit helps. Students approved for either card earn a dollar-for-dollar match of all the cash back they earn within the first year. Students with a 3.0 GPA or higher can also earn a Good Grade Reward of $20 as a statement credit every school year for a maximum of five years.
In addition to cash back and a new card design, these credit cards offer eligible students an opportunity to establish credit before entering the workforce. Discover reports payment history for student cardholders to all three major credit bureaus: TransUnion, Equifax and Experian. Keep in mind that Discover doesn’t allow co-signers, and students under 21 will have to show proof of income.