Mortgages | Car Loans | Personal Loans | Debt Consolidation | Credit Reports | Credit Cards
Taxes | Managing Money | Credit Help | Checking Accounts


Credit Cards

-Card Offer Details
-Credit Card Basics

Auto Loans
Personal Loans
Credit Reports
Debt Consolidation


 -Managing Money
 -Credit Help
 -Checking Accounts

Spring Break!

Apply for a low rate spring break loan and take that vacation you need!




Overall Rating:

(3 out of 5)

Benefits Rating:

(3 out of 5)

Credit Needed for Approval:

Decent credit needed.

Discover Student Clear

Discover Student Clear

 -- Full 5% Cashback Bonus® on Get More Program purchases throughout the year*
 -- Up to 1% Cashback Bonus® on all your other purchases
 -- Build Your Credit History
 -- Unlimited cash rewards that never expire as long as you use your Card.

Interest Rate Intro Rate Grace Period Credit Line Annual Fee


0% for 6 months

25 days



The Discover Student Clear Card is one of the most popular student cashback credit cards. The rewards program associated with this card offers 5% in cash rebates for purchases made at participating merchants and up to 1% on all other general purchases.

The general purchase rebates schedule is as follows: .25% rebates for $1500 or less in general purchases, .5% for $1500-3000 in general purchases and 1% for $3000 or more.

In addition to the 5% rebates on purchases made as select merchants and discount stores, card members will receive double Cashback Bonus when they redeem their rebates for gift certificates from participating Discover Card Partners. There are no yearly limits as to the amount of rebates you can receive!

Some of the additional major benefits the Discover Clear Student credit card includes:
  - Internet account management
  - You are not liable for unauthorized charges made with your card.
  - Features various fraud and security protection services. Learn more about credit card insurance offers.

This card is most beneficial to those that anticipate spending more than $3000/year (earning the 1% cash rebate), intend on using their Cashback Bonus awards at participating retailers (earning the 5% rebate and double cash rebates), and don't expect on carrying a balance with their card (avoiding having to pay costly interest charges) will benefit most from the Discover Student Clear Card.

The one major downside of this card is that the finance charges utilize the 'Two Cycles Average Daily Balance' method. This system of applying finance charges is more expensive than when the 'Average Daily Balance' is used to calculate finance costs, making it an expensive card for those that anticipate utilizing their credit limit.

Important Notations
See website for complete terms and conditions of card usage and application disclosure.

Related Info:
Student Credit Card Guide


 -Bad Credit
   --Tribute Gold MasterCard
Orchard Bank MasterCard
Imagine Gold Unsecured
   --Orchard 2% Cash Back
   --New Millennium Platinum

  --Blue from Amex
  --Amex Delta Rewards
  --BOA MilesEdge
  --BOA Efectiva Visa
  --BOA Money Return
  --BOA Power Rewards

Discover Tropical Student
   --Discover Classic
   --Discover Clear
   --Citi Platinum Select
   --Citi mtvU
Citi Driver's Edge
   --Citi Dividends
   --Chase Universal
   --Chase Flexible

-Gas Rebates
  --Citi Driver's Edge
  --Chase Perfect Card
  --Discover Gas Card




Home | Apply Now | Common Questions | Contact Us 

Bad Credit | Reward Offers | Student Cards | Prepaid | Gas Cards

Information | Card Offer Details | Credit Card Basics

© 1998 Star Loan Services Inc.. All Rights Reserved. Privacy