What is the Discover Student Card approval rate?
The Discover it student card approval rate isn't public knowledge, but students with limited or no credit should have a good chance of approval. To be eligible, students must be at least 18 years old and enrolled in a 2-or-4-year college or university. Other requirements include U.S. citizenship, a Social Security number (SSN) and a verifiable annual income sufficient enough to pay at least the minimum amount due each month.
While the Discover it Student Cash Back and Discover it Student chrome cards are fairly easy for students to get, approval is not guaranteed. Discover will look at a number of other factors, such as recent credit inquiries, number of Discover accounts open, and credit history. You may also have a hard time being approved if you have negative entries on your credit report, such as late payments.
If you are denied for a Discover it student card, you still have other options. The Discover it® Secured Credit Card has the best approval chances of all Discover cards. It's available even to people with bad credit. But you will have to submit a $200 security deposit, which is fully refundable. You can also sign on as an authorized user on someone else's credit card account. This will help you rebuild your credit.
