If you are considering getting a student credit card to build your credit, you may have noticed how hard it is to get one with a good rate and rewards. That is why I was excited to find the Discover Student Open Road Card.
This card is not only designed for students with little or no credit, but it is actually a rewards card as well! You prove this by providing your college or university on the application.
The card is also pretty straight with fees:
- 0% APR for 6 Months, then 13.99% for qualifying creditworthiness
- No Annual Fees
And this card offers:
- 2% Cash Back on your first $250 in gas and restaurant spend
- 0.25% Cash Back on your first $3,000 per year
- 1% Cash Back on everything over $3,000
Yes, some cards do offer better rewards, but they are not student ones for individuals who are trying to build their credit. If this looks like it is something that you would be interested in, please apply for the Discover
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This post was written by...
Robert – who has written 317 posts on The College Investor.
Robert is the founder and editor of The College Investor, a personal finance site dedicated to young adult and college student finances. You can learn more about him here and connect with him on Twitter or Facebook.
