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A Discover Student Monogram Card is a personalized card designed to display the cardholders initials. Through the reward program, cardholders earn a rebate for purchases made in popular categories that change four times a year, including gas stations, restaurants, clothing stores, travel and more. And, cardholders can earn up to one per cent for general purchases. Per cent rebates increase with the amount spent on the card.

Cardholders also have the opportunity to earn a double Cashback Bonus in certain instances. There is no yearly limit to the amount of rebates that can be earned and rebates do not expire as long as the account is active within a 36 month period. The card also provides online account management, no liability for unauthorized transactions and discounts on products and services at participating merchants and retailers.

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