The Discover Student Monogram Credit Card is a great way to show off your individuality. This cash rewards credit card allows the cardholder to personalize it by having their initials displayed across the card. But the real value lies in the cash rebates that the card holder earns each and every time they make a purchase. Cash rewards can be redeemed as credits on your billing statement, as gift cards, or mailed to you in the form a check.
College students earn up to 5% cashback on everyday purchases of goods and services made at bookstores, restaurants, movies, gas and travel. Account holders can also earn up to 20% off of online purchases with select merchants. Every other purchase is covered with up to 1% cashback. There is no limit to the amount of rewards one can accumulate and they never expire, as long as the card remains active.
Students can also earn double rewards with over 100 Discover Cashback Bonus Partners that have teamed with Discover card services to bring increased value to its cardholders. Customer service is less than a minute away and you can check account activity online 24/7. Other platinum level benefits include no liability for theft and unauthorized use, travel accident insurance, discounts at select merchants and many other perks that Discover Card customers have come to enjoy.
The interest rate is comparable to other banks and credit card companies that issue student credit cards and there is a 0% introductory rate on new purchases for 6 months. Be sure to read the application carefully for terms and fees as they relate to APRs and rewards programs. While having a credit card as a college student is an excellent way to establish a credit history, we urge you to use it responsibly. The Discover Student Monogram Credit Card can be a great way to build your credit while earning rewards.