The present study compared the effectiveness of paper and digital flashcards. College students learned vocabulary from paper, computer, or tablet flashcards that were self-created or ready-made. Students then completed a memory recall test and answered questions on cognitive load, perceived control, satisfaction, and several individual difference variables. Results showed that students learned equally well from paper and tablet but less well from computer flashcards. They were less satisfied with, and felt less in control of, computer-based flashcards. Students also felt more satisfied with paper than either digital card set. Despite these differences, cognitive load was equivalent across platforms. In addition, students recalled more words and reported expelling more effort on ready-made over self-created flashcards. The individual difference variables did not relate to recall or satisfaction. Overall, students' satisfaction, as well as perceived difficulty and level of control over the cards, meaningfully related to performance. This research suggests that paper and digital flashcards are equally viable options for students but platform matters. Mobile technologies like tablets might be especially advantageous. Furthermore, perceptions matter. Students may be inclined towards different cards based on their perceptions of difficulty level and the like, and thus flashcards should be available in a multitude of formats.