Frequent question: Do you have to be a student for Discover Student Card?

Do you need to be a student to get a student credit card?

Usually, you need to be enrolled in an accredited school, TAFE or university to get a student credit card. High school students are generally not eligible for a student credit card. You may also need to be enrolled full-time to apply.

How do I qualify for a student Discover Card?

To qualify for a Discover student credit card, you must be at least 18 years old, enrolled in a two- or four-year college, a U.S. citizen and have a Social Security number. You will also need to have verifiable independent income, like a part-time job, and you may have to show proof of income.

Who is eligible for student credit card?

Student Credit cards are offered to individuals at the college level. These credit cards do not require any income and eligibility limit. Thus, any student above the age of 18 years is eligible to apply for the student credit card.

Can 18 year olds get credit card?

18 years old

IT IS INTERESTING:  How much do universities make UK?

Consumers can apply for credit cards starting at age 18, but the law requires them to have an independent income or a co-signer. However, most major issuers don’t allow co-signers anymore. So, a person aged 18, 19 or 20 usually has to earn and prove their own income before being approved for a credit card.

Can an 18 year old get a credit card without a job?

Another change from the CARD Act? 18-year-olds can no longer sign up for a credit card without either proof of independent income or a co-signer (until they’re 21).

Is it hard to get a Discover student card?

While the Discover it Student Card is fairly easy for students to get, approval is not guaranteed. Discover will look at a number of other factors with your application. It’s best if you don’t have too many recent credit inquiries. You shouldn’t have more than one other Discover card account.

Can a 17 year old open a credit card?

Teens can begin building credit at a young age by becoming authorized users on their parents’ credit cards. At 18, teens can apply for a credit card in their own name. The best teen credit cards have low credit requirements and keep costs to a minimum.

Why did I get denied for a Discover student card?

Insufficient income: Your income determines whether Discover will approve you for a credit card and the amount of your credit limit. … You could have trouble getting a Discover credit card if you’ve applied for multiple credit cards or loans recently, even if you weren’t approved for some of them.

IT IS INTERESTING:  You asked: How many students are at Lake Forest College?

What is minimum salary for credit card?

Salary is a crucial deciding factor for credit cards. Someone earning say Rs 50,000 per month is eligible for a different type of card than a person earning Rs 25,000 per month. On an average, income requirement is between Rs 1,44,000 and Rs 25,00,000 per annum for both salaried persons and self-employed.

Can I buy laptop with student credit card?

Can I purchase a laptop with my credit card? Yes, you can make purchases on your credit card provided you have the sanctioned credit limit.

How can I get a credit card with no income?

Even if you don’t have income, you’re not out of options. Being unemployed doesn’t automatically disqualify you from getting a credit card.

Here are three options:

  1. Apply for a secured credit card. …
  2. Recruit a co-signer with a good credit score and steady income. …
  3. Become an authorized user on someone’s credit card.