Difference Between Discover It Student Cash Back And Wells Fargo Cash Back College – 15 Points

1. Discover it student cash back offers more value compare to wells fargo cash back college card. If you bank with wells fargo and want a card from them wells fargo cash back college card is not a bad choice.

2. Pros:

Discover it Student Cash Back

Wells Fargo Cash Back College

Earn 5% Cash Back in rotating categories each quarter up to the quarterly maximum when you activate

No annual fee

No annual fee

0% intro apr on purchase and balance transfer

Intro apr on purchase and balance transfer

High reward rate for first 6 months

No foreign transaction fee

 

No late fee for the first late payment.

 

Good Grades Rewards

 

First year double rewards

 

3. Cons:

Discover it Student Cash Back

Wells Fargo Cash Back College

Not simple rewards

Only good for the first half-year

Poor international acceptance

Balance transfer fee

Reward category may not fit spending

3% foreign transaction fee

 

Only 1% reward rate

4. Reward Rate:

Discover it Student Cash Back:

5% cash back on rotating quarterly bonus categories, up to $1,500 per quarter (enrollment required)
1% cash back on other purchases

Wells Fargo Cash Back College Visa Card:

3% cash back on gas, groceries and drugstore purchases for first 6 months (up to $2,500 in purchases)
1% unlimited cash back on general purchases

5. Sign Up Bonus:

Discover it Student Cash Back:

Discover will match the rewards you earn in your first year which means you’ll earn double the rewards

Wells Fargo Cash Back College Visa Card:

N/A

6. Annual Fee:

Discover it Student Cash Back:

$0

Wells Fargo Cash Back College Visa Card:

$0

7. Regular Apr:

Discover it Student Cash Back:

14.99-23.99% (variable)

Wells Fargo Cash Back College Visa Card:

13.40-23.40% (variable)

8. Intro Apr:

Discover it Student Cash Back:

0% APR on new purchases and 10.99% APR on balance transfers for first 6 months

Wells Fargo Cash Back College Visa Card:

0% APR on new purchases and balance transfers for 6 months

9. Foreign Transaction Fee:

Discover it Student Cash Back:

None

Wells Fargo Cash Back College Visa Card:

3%

10. Balance Transfer Fee:

Discover it Student Cash Back:

3% intro balance transfer fee, up to 5% fee on future balance transfers

Wells Fargo Cash Back College Visa Card:

3% (min $5)

11. Other Benefits:

Discover it Student Cash Back:

$20 statement credit each year for good grades
No penalty APR
No late fee on first payment
No overlimit fee
No foreign transaction fee
Free FICO credit score
Ability to withdraw cash at checkout
Freeze on/off switch
Social security number alerts

Wells Fargo Cash Back College Visa Card:

Receive free email or text message alerts for when you approach your credit limit, a payment is due, and more.
Emergency Card Replacement
Roadside dispatch
Travel and emergency assistance services
Auto rental collision damage waiver
Cell phone protection.

12. Cash Advance Apr:

Discover it Student Cash Back:

26.99% (V)

Wells Fargo Cash Back College Visa Card:

25.74% (V)

13. Cash Advance Fee:

Discover it Student Cash Back:

5% (min $10)

Wells Fargo Cash Back College Visa Card:

5% (min $10)

14. Customer Experience:

Discover it Student Cash Back:

24/7 customer service?: Yes
Online chat available?: Yes
Google Play Store mobile app rating: 4.6/5
Apple Store mobile app rating: 4.8/5

Wells Fargo Cash Back College Visa Card:

24/7 customer service?: Yes
Online chat available?: Yes
Google Play Store mobile app rating: 4.4/5
Apple Store mobile app rating: 4.8/5

15. Discover it cash back for student offers much better reward rate at low fees.
If you have a banking relationship with wells fargo and want a card with them, wells fargo cash back college card is not a bad choice.

Discover It Student Cash Back Card Review With Pros And Cons

Wells Fargo Cash Back College Visa Card Review With Pro And Cons

Related Differences:

13 Difference Between Capital One Journey And Discover It Student Cash Back

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