Discover® Open Road(sm) Card for Students

Our Rating: Intro APR: 0% Intro Period: 9 Months* Annual Fee: $0 Setup Fee: $0 APR: 13.99%- 20.99% V Terms and Conditions

Key Features 0% intro APR on purchases for 9 months, then the variable standard purchase APR of 13.99% - 20.99%* Double Cashback Bonus®* at gas stations and restaurants. Up to 20% Cashback Bonus at popular retailers when you shop online through ShopDiscover.com Up to 1% unlimited Cashback Bonus on everything else you buy $0 Fraud Liability plus mobile and email fraud alert options Great rewards with no annual fee, no rewards redemption fee, and no additional card fee *Click apply to view rates, fees, rewards, limitations and other important information APPLY NOW

The Discover® Open Road Card for Students, issued by Discover, is designed for students who would like to earn cash rewards for their gas and restaurant expenses.

Through the rewards program, students can earn a full 2% Cashback Bonus on your first $250 in gas and restaurant purchases each month. In addition, cardholders earn up to 1% for general purchases and can earn between 5% and 20% Cashback bonuses shopping at over 200 online retailers through ShopDiscover.com!

You will receive a 1% unlimited Cashback Bonus on all purchases after your total annual purchases exceed $3,000, and other purchases that are part of your first $3,000 will earn .25%. Rewards are redeemable in $20 increments.

Cardholders also earn a 0.25% Cashback Bonus at select warehouse clubs and discount stores, and they can earn a double Cashback Bonus® when redeeming their rewards for gift certificates from participating Discover® Card Partners. There is no yearly limit to the amount of rewards that may be earned and rewards do not expire as long as the account is active within an 18-month period.

The card also provides standard benefits, including online account management, no liability for unauthorized transactions, and discounts on products and services at participating merchants and retailers.

The APR for this card is reasonable and there is no annual fee. There is also a 0% introductory APR that applies to purchases for 9 months.

Therefore, students who plan to use their Cashback Bonus® award at participating retailers (to earn double cashback rewards) and plan to pay in full each month after the introductory rate expires (to avoid costly finance charges) will benefit most from what the Discover® Open Road Card for Students has to offer.

Review Date: 7/31/2009