Cons

• −3% foreign transaction fee
• −Rate drops to 1.5% after first year
• −Lower earning rate than category-specific cards in bonus areas
• −No premium perks or travel benefits

• −Requires Bank of America relationship for best value (Preferred Rewards)
• −Points less flexible than cash back
• −Lower earn rate than category-specific cards
• −Higher credit requirement (Good/Excellent) than other student cards
• −Missing good grades reward that Discover offers

Cons

• −3% foreign transaction fee
• −Rate drops to 1.5% after first year
• −Lower earning rate than category-specific cards in bonus areas
• −No premium perks or travel benefits

• −Requires Bank of America relationship for best value (Preferred Rewards)
• −Points less flexible than cash back
• −Lower earn rate than category-specific cards
• −Higher credit requirement (Good/Excellent) than other student cards
• −Missing good grades reward that Discover offers

Cons

• −3% foreign transaction fee
• −Rate drops to 1.5% after first year
• −Lower earning rate than category-specific cards in bonus areas
• −No premium perks or travel benefits

• −Requires Bank of America relationship for best value (Preferred Rewards)
• −Points less flexible than cash back
• −Lower earn rate than category-specific cards
• −Higher credit requirement (Good/Excellent) than other student cards
• −Missing good grades reward that Discover offers