How to Apply for your Credit Card: Discover It Student Chrome
A financial companion designed exclusively with students’ needs and goals in mind is the Discover It Student Chrome card. This credit card provides a variety of incentives aimed at making your financial journey more enjoyable and less stressful, whether you’re juggling academic pressures, regularly traveling to school, or just enjoying the delights of eating out.
The Discover It Student Chrome card stands out among student credit cards as a symbol of possibility and financial independence. It’s more than simply a means of payment; it gives students access to a range of advantages and perks that may have a big influence on their everyday lives and financial security.
Let’s go further into the particular benefits that this card has to offer, covering everything from cashback incentives and a purchase grace period to the informative tools that give you the capacity to comprehend and improve your credit profile.
This card is a great option for students of all financial backgrounds and experience levels, whether you’re an experienced credit card user or are just starting out on your financial journey.
Discover It Student Chrome Benefits
Unlimited Cashback Match
The Unlimited Cashback Match is one of this card’s unique characteristics. Discover will instantly match all the cash back you earn for the first year you have the card. This means that Discover will double whatever cash back you earn up to $100 if you earn $50, and the best thing is there is no limit on how much you may earn.
2% Cash Back
With this card, you may get 2% cash back at gas stations and restaurants every three months on up to $1,000 in combined transactions. It’s a great way to get the most of your rewards, particularly if you often eat out and travel to school. Additionally, you will get 1% cash back on all of your other purchases.
No Annual Fee
The Discover It Student Chrome is an excellent option for students managing their spending since there is no yearly charge. With a credit card, you may profit from its features without worrying about additional expenses.
0% Intro APR
Major expenditures for students include tuition and textbooks. You have a grace period to pay off these costs without paying interest thanks to the 0% intro APR on purchases for six months. After the introductory period, the regular variable APR, which varies depending on your creditworthiness from 18.24% to 27.24%, is in effect.
Free FICO Score
Understanding your credit is essential, particularly for college students who are inexperienced with money management. You get access to your FICO Score as a Discover cardholder, which is a popular credit rating system.
This program not only reveals your credit score but also details on the variables influencing it. Every account statement also has a link to it, and you may access it via your online account or the Discover app.
No Foreign Transaction Fee
This card is a great option if you’re thinking about studying or traveling overseas. You may save money when making purchases in foreign currencies since there are no foreign transaction fees.
Prerequisites
You normally need to fulfill a number of requirements, one of which is being a student, in order to apply for the Discover It Student Chrome card. Although a particular credit score is not necessary, having a decent credit history or better might increase your chances of being accepted.
During the application process, you will also be required to provide some basic personal and financial information.
About the Bank/Financial Institution
Discover is a reputable financial organization with a distinguished track record in the credit card sector. Discover was established in 1985 and has almost three decades of expertise.
It is renowned for its cutting-edge credit card offers. Credit cards, personal loans, and internet banking are just a few of the many financial services and products that Discover is committed to offering.
Who Is This Card For
For college students who want to start establishing their credit while still earning cashback incentives, Discover It Student Chrome is the perfect card. People who usually eat out and commute to school may consider it. Students who like the ease of earning rewards without the intricacy of switching categories should use this card.
Step by Step to Apply for the Card
- Visit the official Discover It Student Chrome website here.
- Select “Apply Now” from the menu.
- Fill out the online form with your contact information, financial information, and personal information.
- Review the card’s terms and conditions.
- Send in your application for consideration.
Card/Bank App
Discover offers a mobile app for both Android and iOS platforms. You can download the Discover Mobile App from the respective app stores to manage your account, make payments, and track your rewards on the go.
Positives and Negatives of the Card
Positives
- No yearly charge
- Benefits while establishing credit
- In the first year, cash back automatically quadrupled.
- first-time APR offer
- No-Cash-Back Match Limit
- There is no international transaction charge
- Free access to FICO Scores
- Select a card design
- surveillance of social security numbers
- Refer-a-Friend program with the Freeze it security feature
Negatives
- The maximum cashback that may be earned at gas stations and restaurants per quarter is $1,000.
- In comparison to certain other student cards, the cashback rate can be lower.
- Following the first time, the APR may be rather high.
How to Unlock the Card
Once you receive your Discover It Student Chrome card, you can unlock it by following these steps:
- Sign in to your Discover account through the mobile app or website.
- Navigate to your account settings.
- Locate the option to activate your card.
- Follow the provided instructions to activate your card. This usually involves confirming some personal information and setting a PIN.
Fees and Tariffs
- Annual Fee: $0
- Regular APR: 18.24% – 27.24% Variable APR
- Purchase Intro APR: 0% for 6 months
- Balance Transfer Intro APR: 10.99% for 6 months
- Balance Transfer Fee: 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*
- Foreign Purchase Transaction Fee: None
Customer Service
Discover provides various customer service channels to assist cardholders, including a customer service phone number, a chat feature on their official website, and the Discover Mobile App, where you can manage your account and get support on-the-go.
You can find the contact details on the official Discover website. You can access the services of a live customer support agent at your convenience by dialing the toll-free number: 1-800-347-2683.