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Discover Student Card
 
Make your money worth MoreSM*
5% Cashback Bonus® in categories like travel, home improvement stores, department stores, gas, restaurants, pet stores and many more
Up to 1% unlimited Cashback Bonus® on all other purchases
5% to 20% Cashback Bonus® through our exclusive online shopping site
Customer Service in less than a minute, anytime you want
*View Discover® Card Rates, Fees, Rewards and Other Important Information.


The Discover Student Classic Card from Morgan Stanley is ideal for students with limited credit history and who are interested in in Cashback Bonus® reward program. Through the cash back reward program, students receive up to 1% cash back for general purchases, 5% for purchases made at specific merchants (places like bookstores, home improvement stores, gasoline stations, restaurants), 0.25% made at certain discount stores and warehouse clubs. For the first $1,500 spent on general purchases with the card, members get 0.25%. Purchases between $1,500 and $3,000 means 0.5% cash back, and 1% for over $3,000. They can also earn up to a double Cashback Bonus® for redeeming their rebates for gift cards or certificates from participating Discover Card Partners. They get extra Cashback Bonus when they redeem their reward for gift cards or certificates from Bed Bath & Beyond®, BLOCKBUSTER®, Gap and more. The rebates do not expire and there is no yearly limit. There is no annual fee, and a 0% introductory APR for 6 months on purchases and balance transfers. They use two cycles billing practice, which costs more to the costumer than the average daily balance method. Compared to other platinum cards, sometimes the APR after the introductory rate is also quite high. However as long as cardholders pay in full every month, they can avoid high interest and low cash back reward option. They have good customer service and an excellent, easy-to-use site. The card also offers Auto rental insurance, Up to $500,000 in travel accident insurance, Fraud and security protection services, Various Internet account related services, No liability for unauthorized transactions, Discounts on products and services at participating merchants and retailers and so on.

Apply for Discover Student Card Back


 







Last updated: 2009-08-22

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