Discover® Student Card - Monogram Collection issued by Discover
	Overall Rating Benefit Rating	Apply online for this card or read on for a full review of all the features.

In-Depth Credit Card Review

This online card application is intended for residents of the United States only. For other country options, please refer to the right hand menu bar. The Discover® Student Card - Monogram Collection, issued by Discover, provides a Cashback Bonus® reward program as well as a personalized card design that displays the cardholder's initial(s). Through the reward program, students can earn a 5% rebate for purchases made in popular categories that change four times a year like travel, gas, restaurants, movies, and more. In addition, cardholders earn up to 1% for general purchases. Those who spend up to $1,500 on general purchases will receive a .25% rebate, between $1,500 and $3,000 will receive a .5% rebate, and over $3,000 will receive a 1% rebate.* Cardholders also earn a 0.25% rebate at select warehouse clubs and discount stores, and they can earn a double Cashback Bonus® for redeeming their rebates for gift certificates from participating Discover Card Partners. There is no yearly limit on the amount of rebates that can be earned, and rebates do not expire as long as the account is active within a 36-month period. Aside from the reward program, the unique feature of this card is that cardholders can choose from three card designs that will display either their first initial or their first and last initials on the front of the card. 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 and 0% interest on purchases for six months. Therefore, those who plan to spend over $3,000 a year (to earn the 1% cash rebate), plan to use their Cashback Bonus® award at participating retailers (to earn a full 5% rebate and double cash rebates), and plan to pay in full each month (to avoid costly finance charges) will benefit most from what the Discover® Student Card - Monogram Collection has to offer. *It is important to note that like many cash reward cards, the highest rebate offered will not apply to all purchases made with the credit card. In this case, 1% will be applied only to those purchases made after the cardholder spends over $3,000 in one year, so the overall cash rebate earned will be less than 1%, depending on the amount spent. For instance, if the cardholder were to spend $4,000, only $1,000 of this amount would be applied towards the 1% rebate. However, this does not take into account any promotional offers or the full 5% Cashback Bonus® award. Most Attractive Feature: Personalized card design; double cash rebates at participating retailers and merchants (through the Cashback Bonus® award program); no annual fee; 0% intro APR on purchases. Least Attractive Feature: Low rate not available to all applicants. Apply Now For Discover® Student Card - Monogram Collection Note: The review of this Discover card was updated on 09/22/2008 and is believed to be accurate during the update, however, information posted may have since changed. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application

Key Card Information
Introductory Rates and Terms
Intro Rate:	0% Interest* for 6 Months
Applied Towards:	Purchases
Details:	There is a 0% introductory APR* on purchases for 6 months. See terms and conditions for complete details.
Miscellaneous Rates and Terms
Credit Limits:	$5,000 (Maximum) / $500 (Minimum)
Purchases APR:	14.99%
Cash Advance APR:	23.99%
Finance Config:	Average Daily Balance (including new purchases)
Grace Period:	25 Days (Min.)
Fees Associated with this Card
Annual Fee:	$0
Add. Cardholders:	$0
Late Payment Fee:	$19 on balances up to $250; $39 on balances over $250
Over-the-Limit Fee:	$15 on balances up to $500; $39 on balances over $500
Cash Advance Fee:	3%, $5 minimum
Balance Transfers:	None

The Rewards Program Highlights
Optional Reward:	No
Rebate Minimum:	.25%
Rebate Maximum:	5%
Additional Rebates:	Earn a 5% Cashback Bonus® in popular categories that change four times a year like travel, gas, restaurants, movies, and more. Earn a 0.25% rebate at select warehouse clubs and discount stores. Earn up to double Cashback Bonus® at participating Discover Card Partners.
	Earn a 0.25% rebate for up to $1,500 in general spending; 0.5% for over $1,500 up to $3,000; and 1% for over $3,000. Reward is redeemable in $20 increments only.
Expiration:	None (Account inactivity for more than 36 months could result in the forfeiture of some or all of the Cashback Bonus®.)

Additional Highlights of Interest

Special Card Benefits and Features Various Internet account related services. Cardholders choose their personalized card design. No liability for unauthorized transactions. Fraud and security protection services. Discounts on products and services at participating merchants and retailers. See website for additional benefits. Important Notes Regarding This Offer See website for complete terms and conditions of card usage and application disclosure.