Discover® Open Road(SM) Card for Students Review

This Open Road card issued by Discover® is designed for those students that want to save on their transportation expenses. If you travel a lot via your car, you will find that you will be able to benefit greatly from this card, since the rewards primarily focus on the gas rewards itself.

With this card, and the rewards, you’re going to be able to earn full 5% cash back on your first $100 in gas purchases, as well as any auto maintenance purchase. On top of the 5%, you will also earn 1% on all other purchases that exceed $3,000 spent annually. Once you spend more than $3,000 in one year, you can take advantage of that 1%. For every $20 that you receive in rewards, you will be able to cash it out in terms of statement credits, or a check.

The rewards are endless with this card, as you can also earn .25% cash back at places such as warehouse clubs, online purchases with Discover partners, as well as other promotions. The points don’t expire, as long as you stay active for an 18 month period.

On top of the rewards, you’re going to get liability protection on unauthorized purchases, as well a discounts online, when you shop with participating merchants and retailers.

As for fees, there are no annual fees, and you can also take advantage of 0% APR introductory rates. Since every applicant is different, be sure to see what you can qualify for, as every applicant is going to have different terms, as well as an APR.

Looking at the pros:

• This card is great for those that want to save on any gas related purchase.
• No annual fee, as well as a great introductory rate.

Looking at the cons:

• The APR may be high for those that have a bad credit history.