Bank of America Unlimited Cash Rewards Credit Card for Students vs Discover it® Cash Back
Discover it® Cash Back earns more in 5 of the 6 categories we track. Neither has an annual fee.
The basics
| Detail | Bank of America Unlimited Cash Rewards Credit Card for Students | Discover it® Cash Back |
|---|---|---|
| Annual fee | None | None |
| Card type | Personal | Personal |
| Rewards | Cash Back | Cash Back |
| Each point is worth | 1.00¢ | 1.00¢ |
| Everywhere else | 1.5x | 1x |
| Welcome bonus | $250 after $1,000 in 90 days | $200 statement credit after $500 in 3 months |
What each earns
| Category | Bank of America Unlimited Cash Rewards Credit Card for Students | Discover it® Cash Back |
|---|---|---|
| Dining & Restaurants | 1.5% 1.5x | 5.0% (higher) 5x, rotating (quarterly), up to $1,500 |
| Entertainment | 1.5% 1.5x | 5.0% (higher) 5x, rotating (quarterly), up to $1,500 |
| Internet & Cable | 1.5% 1.5x | 5.0% (higher) 5x, rotating (quarterly), up to $1,500 |
| Phone & Wireless | 1.5% 1.5x | 5.0% (higher) 5x, rotating (quarterly), up to $1,500 |
| Utilities | 1.5% 1.5x | 5.0% (higher) 5x, rotating (quarterly), up to $1,500 |
| Everything else | 1.5% (higher) 1.5x | 1.0% 1x |
Returns are the points per dollar times what a point is worth, using your smart setting. Caps and rotating categories change what you actually earn. How we value rewards
The better question is which one adds more to the cards you already have.
Ask the advisor