Once a spin-off of a Sears retail credit card project, Discover has grown into a consumer lending powerhouse with hooks into the student loan and mortgage industries. With the Discover it for Students card, the lender wants to prove that qualifying for a student credit card doesn't mean putting up with stripped-down features.
Discover it brings back the same kind of feeling that early customers had when Discover invented the cash back credit card in the 1980s. Times have changed, and everyone from major banks to neighborhood credit unions now offers rewards.
With a fresh look and a focus on customer service, the Discover it card aims to win back the cash back credit card category that the original Discover card invented in the 1980s. With no annual fee, no foreign transaction fee, and amnesty for many of the situations that cause most banks to hike their rates and fees, Discover it card has the potential to set a new standard for American rewards credit cards.
Editor's note: This offer is no longer available. While you'll still see plenty of Discover's competitors promoting credit cards at off-campus events, those cards rarely include cash rebates or other rewards.
Discover Card sometimes gets knocked in the consumer press for not having as wide a merchant network as Visa or MasterCard. Yet, the company that practically invented the cash back credit card has set up a compelling offer to get you to try them out.