Student Credit Cards

A student credit card is designed for high school and college students and usually works the same way as any credit card that has been issued by a financial institution. In general a student credit card merely has a few more restrictions relative to non-student cards.

College students are leaving their higher education institutions with more educational loan debt than ever before. From academic year 1994- 1995 to 1999-2000, the amount postsecondary education students borrowed through the federal student loan programs jumped from $24 billion to $33.7 billion. What has led to the increased use of student loans? Is the rising indebtedness harming students' futures? 

REASONS WHY BORROWING INCREASED

There is no question that postsecondary education costs grew rapidly during the 1990s. The College Board's most recent Trends in College Prices report shows that, when adjusted for inflation, tuition and fee charges at four-year public colleges and universities increased 49 percent during the decade; at four-year private institutions, tuition prices rose 32 percent. Meanwhile, median income for families with a head of household age 45 to 54 grew by just 4 percent, and appropriations for Federal Pell Grants increased only 15 percent. 

Once you get the ball rolling all it takes is to use credit as a tool to acquire the things you need in life while consistently paying back what you owe, always on time with at least the minimum payment amount. A history of late payments will take your credit rating south in a hurry so be diligent and don't wait until the last minute. And don't let your outstanding balances pile up – apply the same discipline you have as a student to keeping your burgeoning financial life in balance.

Discover® Student Card - Clear
	Build your credit history 0% Interest on Purchases for 6 Months* No minimum income or cosigner required No Annual Fee Easy Online Account Management tools

Discover® Student Card - Monogram Collection
	Build your credit history 0% Interest on Purchases for 6 Months* No minimum income or cosigner required No Annual Fee Easy Online Account Management tools

Discover® Student Card
	Build your credit history 0% Interest on Purchases for 6 Months* No minimum income or cosigner required No Annual Fee Easy Online Account Management tools

Discover® Student Card - Tropical Beach
	5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants, movies and many more.* Unlimited cash rewards, automatically Up to 20% Cashback Bonus® when you shop online Double rewards with more than 100 Cashback Bonus Partners Customer Service in less than a minute, anytime you want

Studen Cards At A Glance

Students save on Sporting Goods with Student Advantage

* See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty.