Student Cash Back
No annual fee. Purchase APR 16.74–25.74%, variable.
- Annual fee
- Issuer's pagediscover.com
“Annual Fee: $0”
- Purchase APR
- Issuer's pagediscover.com
“Purchase APR: 0% intro APR for 6 months; 16.74% to 25.74% variable APR after that”
We don't earn anything from this link. Select any underlined figure to see where it comes from.
What it's worth
| Spending | First year | After |
|---|---|---|
| Light spender | $120 | $120 |
| Typical spender | $300 | $300 |
| Heavy spender | $660 | $660 |
The spending each assumes, a month
- Light spender: groceries $300, dining $100, gas $100, everything else $500
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500
Estimates from the published terms above, as checked Oct 4, 2026; not advice. How we value cards
How it compares
- No annual fee, like about 100% of the 6 cards on our Student list (see the list).
- Worth more to a typical spender than about 70% of the 650 cards we track.
- Lower top APR than about 60% of the 577 cards we track.
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
How you earn
- 5%Everyday purchases at different places you shop each quarter, such as grocery stores, restaurants, and gas stations
- 1%Everything else
Rates and fees
| Annual fee | Issuer's pagediscover.com “Annual Fee: $0” |
|---|---|
| Purchase APR | Issuer's pagediscover.com “Purchase APR: 0% intro APR for 6 months; 16.74% to 25.74% variable APR after that” |
| Intro APR | Issuer's pagediscover.com “0% intro APR for 6 months on purchases” |
| Balance transfer APR | Issuer's pagediscover.com “Transfer APR: 16.74% to 25.74% variable APR” |
| Balance transfer fee | Issuer's pagediscover.com “Balance transfer fee: no transfer fee with this transfer APR; 5% on the amount of each transferred balance that posts to your account at a Promotional APR that we may offer you” |
| Cash advance APR | Issuer's pagediscover.com “Cash Advance APR: 28.74% variable” |
| Cash advance fee | Issuer's pagediscover.com “Cash advance fee: Either $10 or 5% of the amount of each cash advance, whichever is greater” |
Carrying a balance? See how long it takes to pay off
Benefits
- $0 Fraud Liability for unauthorized purchases.
- Free Social Security number and dark-web alerts through CreditWise for eligible users who sign up.
- Card Lock in the mobile app if the card is misplaced, lost, or stolen.
- Free FICO Score and CreditWise access for eligible users who sign up.
- Real human customer service 24/7, although certain specialized agents may not be available 24/7.
- Tap to pay with a contactless Discover Card where accepted.
- No annual fee.
- 0% introductory APR for 6 months on purchases.
Questions
- What is the annual fee?
- $0 discover.com, since Sep 29, 2026
- What is the purchase APR?
- 16.74–25.74% APR discover.com, since Sep 30, 2026
- Is there an intro APR?
- 0% for 6 months. discover.com, since Sep 29, 2026
Other cash back cards with no annual fee
- Susan G. Komen Customized Cash Rewards Credit Card - Pink RibbonBank of America · No annual fee+$410 a year
- The One Key Card No Annual FeeWells Fargo · No annual fee+$350 a year
- West Elm Key Rewards VisaCapital One · No annual fee+$325 a year
Against this card, for our typical spender's value (rewards and credits minus fees, after the first year).