Question 1

What happens to your Discover student credit card after graduation?

Accepted Answer

Your Discover student credit card account doesn't change after you graduate from college. The account's terms, conditions, rewards, and features remain the same.

Question 2

Do student credit cards become obsolete after graduation?

Accepted Answer

No, student cards usually don't become obsolete after you graduate. Typically, you may keep using your student card after you get your diploma. You also don't need to cancel your student credit card account to apply for a new credit card. In fact, because canceling your student card may have a negative effect on your credit score, keeping the account open and in good standing may help you qualify for another rewards credit card. Rather than canceling your student card, you may want to consider how it may fit into your financial life after graduation.

Question 3

How your student card can graduate with you

Accepted Answer

Student cards are usually issued with lower credit limits, which reflect the higher risk students with limited credit history and income may pose to credit card issuers. After you graduate, your credit card provider may ask you to update your information, including: Graduation date Personal income Employment status Housing costs Keeping your credit card company updated about your financial information may improve your chances of receiving a credit limit increase, especially if your postgraduation job gives you a higher income. You may often request a credit limit increase over the phone, or within your mobile app.

What Happens to Your Student Credit Card When You Graduate?

Key Takeaways

See if you're pre-approved

Should You Get a Secured Card or Student Credit Card?

How Do Student Credit Cards Work?

How to Get a Student Credit Card

Credit Cards for Students with No Credit History