Best Credit Card Offers specially for you

About Us  |  Contact Us  |  Articles  |  News  |  Tips  |   Tools
ADVERTISER DISCLOSURE is an independent, advertising-supported web site which is compensated by the credit card issuers whose offers appear on the site. This compensation may impacts how and where the credit products appear on our site, including, the order in which they may appear within credit product lists. does not review or offer all available credit products.

Discover Gives Students Cash for Good Grades

[Saturday, June 7th, 2014]

Students who make the grade can now earn more than just their parents’ approval. Discover Student Loans is offering college students a cash reward for getting good grades.

Select undergraduate and graduate students who take out student loans with Discover Student Loans will be eligible for the program, with gives scholars 1% of their total loan amount as a one-time cash reward when they get a minimum grade point average (GPA) of 3.0.

Who is eligible

To qualify, students must apply for a loan in the Undergraduate, Health Professions, Law, MBA or Graduate Student division and earn their 3.0 or better GPA during the academic term their loan covers. Students will receive their cash reward in the form of a check.

Danny Ray, president of Discover Student Loans, said that the program is in line with Discover’s philosophy of supporting and giving back to its customers. “We are offering an incentive and reward to students who study hard, earn good grades and make an investment in their future,” Ray explained. He stressed that Discover strives to help students understand the loan process, find scholarships and reward students for studying hard and achieving good grades.

Not just cash back credit cards

Though Discover is primarily known as the credit card company famous for spearheading the cash back rewards movement, they also offer other services, including banking services and student loans. These financial services are designed to be easily accessible and free of common fees and charges.

Discover Student Loans offer a no-fee option for folks returning to college, or going there for the first time. All loans come with no origination fee, no prepayment fee, no charge for late payments and no fee for returned payments. Costs including tuition, housing, books, and living expenses are covered by Discover Student Loans, as long as the educational institution certifies them as eligible school expenses.

Student credit cards

Discover also offers a no-annual-fee rewards credit card for students, Discover it for Students. This card gives 1% cash back on all purchases, 5% cash back on purchases in rotating categories that change each quarter, and comes with a low annual fee. Young people or others with limited credit history are eligible for the Discover it student credit card and can use it to build their credit history while earning cash back rewards.

Read also

New Business Card From U.S. Bank Offers Value Where It’s Most Needed
[October 13th, 2018]

Most people are familiar with rewards credit cards that give members bonus cashback in certain categories that change each quarter. But U.S. Bank’s new business credit card will let companies earn more rewards by offering the biggest bonuses in categories where they spend the most each statement period.

Continue reading ››

Propel Card From Wells Fargo And American Express Offers Triple Reward Points
[July 16th, 2018]

Wells Fargo and American Express have announced changes to their no-annual-fee Propel card, making it an even better deal for customers who use streaming video services, order food and go out to restaurants, and travel frequently.

Continue reading ››

New Chase Credit Cards Offer Big Rewards For Travelers
[April 18th, 2018]

There are two new rewards credit cards available for travelers who want to collect extra points when checking in to their favorite hotels. The IHG Rewards Club Premier card and the IHG Rewards Club Traveler card from Chase Card Services offer reward points, free anniversary nights, elite membership stats, no foreign transaction fees, and more.

Continue reading ››
Copyright © 2003-2018 All Rights Reserved strives to keep credit card information up to date and accurate. However, all the credit card information is presented without warranty and can be changed by the credit card issuers at any time. Click the "Apply online" button to see the online credit card application and to review current credit card terms and conditions. Note that can be compensated by credit card issuers when the visitors apply for a credit card through the website.
* The webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the website are property of their respective owners.
Information in these articles is brought to you by Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.
Disclosure: Not an access card.