Student Credit Card and Credit Education Blog

I haven’t seen it personally but I’ll bet my right pinky that my title has been thrown around thousands of times in advertising mockups and meetings. So here’s number 5,001! Anyway, the rewards program through Discover has some very unique offers that should ignite your interest in this card as well as cause you to become a more frequent user.

The way their rewards programs works (for the Discover Student Card, as an example), is you’re provided a series of services that you’ll receive 5% back on four times a year. So, maybe from January to March it will be travel (airfare and vacations). Then in April-June, it’ll change to consumer electronics (TVs and DVD players). We used the card during the “travel quarter” and received 5% back on a $650 trip, which was quite nice! This card also offers up to 1% on all other purchases, which is good, but not as strong as some of the other cards that have higher rewards for gas and groceries all year, like the Chase Freedom or Citibank Dividend Platinum Select.

Using a Discover Student Card everyday may not be as valuable as others, but it is an excellent one to have when the months of 5% rewards coincides with a purchase you want to make.