2014 Difference Between Discover It and Discover It Student?

All about Discover & Diners Club - talk about their credit card deals such as the More, Miles, Escape, and others.
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colinstu
 
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Joined: Sun Jun 16, 2013 12:43 pm
Location: Milwaukee, WI

2014 Difference Between Discover It and Discover It Student?

Postby colinstu » Sun Jun 16, 2013 1:30 pm

The following Discover offers are temporarily unavailable. The following information is for reference only.

Hello, I'm new to the forum but have read it in the past (and have read reviews of cards).

I'm not exactly in the market for needing/wanting another card yet, but I'm curious on exactly how these two cards are different.

From what I can tell already, the APR eligibility vary a little (13-19% vs 11-23%), but that's not a concern to me exactly since 1) I always pay my cards off in full, 2) If I didn't, I'd be looking at a non-rewards credit card that had a lower rate. The Student card also doesn't have an intro rate for balance transfers (also meaningless to me). The rewards look identical... the fees look identical.

I'm guessing the differences show up on what 1) What kind of credit the person applying has and 2) What credit limits are possible for each card.

I'd assume that the Student card has slightly looser application requirements and that it would also result in a smaller credit limit... regardless of how good one's credit is. Am I right on this in any way? If not... someone needs to show me why Discover has two "different" cards :ppp


tylerchap
 
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Joined: Wed Nov 06, 2013 7:57 pm
Location: Alabama

Postby tylerchap » Wed Nov 06, 2013 10:16 pm

The Discover It student card is basically the same as the non student, but it is much easier to be approved for and the credit line will be lower. They approved me this summer with 3 inquiries and no prior credit. I was slightly surprised of being approved because no retail store would approve me and I thought I would have to go the secured route. Thankfully, that wasn't the case! I got approved for $500 and an APR in the range of the regular card.

The Discover It student card is an awesome beginner card and their rewards structure is great. I just wish I had a higher credit line!

GoCreditGo!
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Location: Seattle WA

Postby GoCreditGo! » Sun Nov 10, 2013 7:33 am

If I'm a part time student, is it just as easy to get approved for one?

darkguy2
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Location: United States

Postby darkguy2 » Tue Nov 19, 2013 9:48 pm

I do not think they made me prove that I was actually a student when I got the card but I think I used my .edu email to get it so that may have proved me. I had no history except student loans and got approved for $1500.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

danick123
 
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Joined: Mon Nov 25, 2013 5:26 pm
Location: Maryland

Postby danick123 » Mon Nov 25, 2013 5:34 pm

I am 18 years old. I have a 12.99% APR with fair credit.
A majority thing I have noticed is that you get 5% cashback on school books.

I started out with a credit limit of 500.
A few months of payments I was auto increased to a 650 limit.

Gb24
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Location: Illinois

Postby Gb24 » Mon Nov 25, 2013 9:55 pm

I got approved for the Discover It card (the regular one) as a student with fair credit.

samhradh
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Postby samhradh » Wed Nov 27, 2013 1:36 pm

Other than qualification and APR differences, the it for students offers a $20 CB bonus for sign-up.
Citi Forward ($10.1K), AmEx Blue Cash Everyday ($30K), Chase Freedom ($12.4K), Discover it ($5.5K), Barclaycard Arrival ($12.5K), L.L. Bean Visa ($5K). FICO 806 (TU), 812 (EQ), 806 (EX).



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