Spread the word
Share your personal link however way you like – email it, post it, tweet it – so your friend can apply for a student loan.
Get a cash reward
If eligible, you and your Friend will receive a $100 check 120 days on or after the first disbursement on your Friend’s new Discover student loan.
Refer more friends
Invite others and earn up to $400 in cash rewards every year!
The Terms and Conditions are effective as of April 2020.
These Terms and Conditions give you detailed information about the Refer a Friend program (“Program”). “Referrer” refers to the person making the referral. “Friend” refers to the person being referred. “We”, “us” and “our” refers to Discover Bank.
How it works
To invite a Friend to apply for a Discover student loan, the Referrer must send the personal link to their Friend, and the Friend must submit their application online for one of our student loans via the personal link within 180 days of clicking on the Referrer’s personal link. In addition, to be eligible for a Refer a Friend award, the Referrer and Friend must meet the Eligibility requirements set forth below. If eligible, Referrer and Friend will each receive a check for $100. This check will be sent to the parties’ preferred mailing address 120 days after the first loan disbursement on the Friend’s loan, provided the loan is not cancelled, refunded, or withdrawn during that timeframe.
It is the Referrer and Friend’s responsibility to ensure that their mailing address is up-to-date. Log in to DiscoverStudentLoans.com or call 1-800-STUDENT to update your mailing address.
Eligibility
The Referrer will be eligible to receive a $100 cash reward if the Referrer:
The Friend will be eligible to receive a $100 cash reward if the Friend:
Cosigners are not eligible to participate in the Program. Current employees of Discover and their parents, children, siblings, spouses or domestic partners are also not eligible for the Program.
Reward Amount
Sharing Requirements
By referring friends to Discover Student Loans as described in these Terms and Conditions, the Referrer agrees to the following terms:
We cannot disclose any information about qualifying accounts opened by the Friend. Participation serves as a one-time waiver of privacy rights by both parties, whereby each may become aware of the presence of the other’s account relationship with Discover.
Changes to These Terms and Conditions
The Refer a Friend program may end at any time. These Terms and Conditions are subject to change at any time without notice. Changes may include, but are not limited to, changing the redemption methods or imposing additional conditions.