![]() The Discover it® Student Chrome and Discover it® Student Cash Back vary in the rewards categories they provide. However, in order to get a student card, you'll need to be at least 18 years old, have a Social Security number and provide proof of education. This card is a good option if you're a college student who doesn't have credit history of your own. You don't need a credit score in order to qualify for either card. There are two Discover it Student cards: the Discover it® Student Chrome and the Discover it® Student Cash Back cards. ![]() Credit score needed for Discover it® Miles card Like other Discover cards, cardholders will receive a welcome bonus that's equal to the amount of rewards that they received from spending on the card in their first year of card membership. This card isn't known for its rewards or perks, but cardholders will still earn 2% cash back at restaurants and gas stations (up to $1,000 in combined purchases per quarter) and 1% back on all other eligible purchases. If you've made your payments on-time, the issuer will transfer you to an unsecured card and return your deposit. Starting at seven months from account opening, Discover will automatically review your credit card account to see if they can transition you to an unsecured line of credit and return your deposit. The deposit is equal to the credit line that's extended to you. ![]() With a secured card, the deposit acts as collateral if you're unable to make your credit card payments. Since the card is secured, cardholders will have to put down a minimum deposit of $200. If you want to improve your credit score, make your payments on-time and in full and keep your credit utilization ratio (the ratio of credit used to credit extended) low. FICO® Scores are based on five factors: payment history, length of credit history, amounts owed, credit mix and new credit. You could point to your continued loyalty to Discover or your history of on-time payments to boost your chances of approval.īefore applying, take a look at your FICO® Score and see what range your score falls in, that way you can have a good idea of what your approval odds are for each card. You may also try to give the Discover customer service line a call to see if they'll approve your application. If you do apply for a credit card and get rejected, credit card issuers are, by law, required to inform applicants of why they've been rejected within 60 days of their decision. Being pre-approved for a Discover credit card does not affect your credit score unless you decide to submit an application. None of the cards have a minimum credit score required for approval.ĭiscover also offers a pre-approval form, so people can see whether they would be approved for a credit card and what APR they would receive before they apply. Since there are different types of cards, each card has a different recommended credit score. There are many Discover it cards available - from those that offer travel rewards to ones that are geared toward students. Investing +More All Investing Best IRA Accounts Best Roth IRA Accounts Best Investing Apps Best Free Stock Trading Platforms Best Robo-Advisors Index Funds Mutual Funds ETFs Bonds Help for Low Credit Scores +More All Help for Low Credit Scores Best Credit Cards for Bad Credit Best Personal Loans for Bad Credit Best Debt Consolidation Loans for Bad Credit Personal Loans if You Don't Have Credit Best Credit Cards for Building Credit Personal Loans for 580 Credit Score Lower Personal Loans for 670 Credit Score or Lower Best Mortgages for Bad Credit Best Hardship Loans How to Boost Your Credit Score Taxes +More All Taxes Best Tax Software Best Tax Software for Small Businesses Tax Refunds Small Business +More All Small Business Best Small Business Savings Accounts Best Small Business Checking Accounts Best Credit Cards for Small Business Best Small Business Loans Best Tax Software for Small Business Personal Finance +More All Personal Finance Best Budgeting Apps Best Expense Tracker Apps Best Money Transfer Apps Best Resale Apps and Sites Buy Now Pay Later (BNPL) Apps Best Debt Relief
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