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Our illustration in the card’s colours, not its design

Discover credit card

Discover it Student Chrome Credit Card

  • APR up · 16.49%16.74% · Oct 8, 2026

No annual fee. Purchase APR 16.74–25.74%, variable.

Checked Nov 1, 2026Updated

Annual fee
Purchase APR · variable

Select an underlined figure to see where it comes from.

Through our link

Referral bonus

Through RateHerald’s referral link+$100 on top

$100

Apply online via the digital referral link, get approved, and make a payment over $0 posted within 8 weeks of opening.

Discover’s referral bonus, on top of the card’s own welcome offer

Get the $100 bonusPartner offer: we may be paid if you apply

“Each eligible referred friend will receive a $100 statement credit after making a minimum payment (exceeding $0) that is posted to their account within 8 weeks of opening a new Discover account.”The referral page on capitalone.com, checked Oct 25, 2026

In dollars

What it’s worth

Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.

SpendingValue against the feeFirst yearAfter
Light spender$145$145
Typical spender$340$340
Heavy spender$700$700
The spending each assumes, and what isn’t counted
  • Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
  • Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
  • Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month

$145a year

The same in the first year and after.

The spending this assumes

A month: groceries $300, dining $100, gas $100, everything else $500.

$340a year

The same in the first year and after.

The spending this assumes

A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250.

$700a year

The same in the first year and after.

The spending this assumes

A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500.

Use your own spending

Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards

Against the market

How it compares

Worth more to a typical spender than about 75% of the 732 cards we track.

  • No annual fee, like about 100% of the 5 cards on our Student list (see the list).
  • Lower top APR than about 55% of the 651 cards we track.

Other cash back cards with no annual fee

Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).

Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method

Rewards

How you earn

2%
Gas stationsRestaurants
1%
Everything else

Cash back, as a share of each purchase.

Benefits

  • $0 Fraud Liability: The cardholder is never responsible for unauthorized purchases, subject to investigation and verification.
  • Discover is accepted at 99% of places that take credit cards nationwide.
  • Other

Changes

16.49%16.74% since Oct 8Oct 8Today
  • Oct 8, 2026 APR 16.49%16.74%

Only changes that held for at least three days on both sides count; one-day blips in a reading don’t.

Every figure with its receipt

Rates and fees

Annual fee
Purchase APRvariable
Intro APR6 months

Before you apply

  1. What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
  2. Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)

Questions

What is the annual fee?
No annual fee · discover.com, since Sep 30, 2026
What is the purchase APR?
16.74–25.74% APR · discover.com, since Oct 8, 2026
Is there an intro APR?
0% for 6 months. · discover.com, since Sep 29, 2026
Apply on discover.comPartner offer: we may be paid if you apply