WalletHubRewards earned in the first year get doubledUp to 5% cash backNo annual fee0% intro rates for 15 monthsPotential for a very high regular APRBonus reward categories rotate, require quarterly signup and limit earningsBalance transfer fee
Excellent Credit, Good Credit
$0
INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases - automatically.
Every $1 you earn in cash back is $1 you can redeem.
0% intro APR for 15 months, 17.24% - 28.24% Variable APR after that
0% intro APR for 15 months, 17.24% - 28.24% Variable APR after that
Balance Transfer Fee
by John Kiernan
September 26th, 2023
Rewards earned in the first year get doubled
Up to 5% cash back
No annual fee
0% intro rates for 15 months
Potential for a very high regular APR
Bonus reward categories rotate, require quarterly signup and limit earnings
Balance transfer fee
| cash advance fee | Either $10 or 5% of the amount of each cash advance, whichever is greater |
| cash advance APR | 29.99% Variable |
| foreign transaction fee | 0% |
| smart chip | Yes, chip-and-signature |
| max late fee | $41 |
| max overlimit fee | See Terms |
| max penalty APR | None |
| grace period | See Terms |
INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases - automatically.
Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
Every $1 you earn in cash back is $1 you can redeem.
Get a 0% intro APR for 15 months on purchases. Then 17.24% to 28.24% Standard Variable Purchase APR applies, based on credit worthiness.
No annual fee.
Click through to Discover’s website to see terms and conditions.
Can't find what you are looking for? Submit your question about Discover it® Cash Back to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card. In addition, WalletHub independently collected information for some of the cards on this page.
Discover it Cash back is a good card for people with good credit who don't mind the hassle of rewards coming in rotating categories. It offers:
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The Discover it® Cash Back credit limit is at least $500 for all cardholders. It has the potential to be higher, too. Discover does not disclose a maximum credit limit, but there are reports of some cardholders receiving credit limits between $2,500 and $9,000.
As with all credit cards, an applicant will need to exceed the Discover it Cash Back card's approval requirements in order to get a credit limit above the minimum. Credit limits are based on much of...
Your Discover it approval odds are good if you have a 700+ credit score; this means that you need good or excellent credit to qualify for most Discover it credit cards. There are, though, some Discover it credit cards that are easier to get.
For example, while it's easy to say that the Discover it® Secured Credit Card offers good approval odds, the fact that most other Discover it cards require at least good credit for approval complicates...
The Discover it® Cash Back credit score requirement is 700+. That means applicants need at least good credit to get the card. This credit score requirement is in line with most other cards that Discover offers, as well as comparable cash back credit cards from other issuers. The higher an applicant's credit score is above 700, the more likely they are to be approved for the Discover it Cash Back credit card. But your credit score is far from the only...
Discover is a good credit card company because there are Discover cards for people of all credit levels, and all of them have $0 annual fees and $0 foreign transaction fees. Plus, Discover cards all reward cardholders with at least 1% back on purchases and will match new cardholders' earnings from the first year as an anniversary present. Most Discover cards also offer 0% introductory APRs on purchases and balance transfers (with a standard variable...
Discover it credit card limits can be as low as $200 or $500, depending on the card. The available Discover it cards include offers for people with good and bad credit alike. Each has a specified minimum credit limit. So, you're guaranteed of getting at least that much spending power if approved for an account. But there's no way to determine whether you'll qualify for a higher limit prior to submitting an application. Some Discover...
The Discover cash back bonus pays you back a certain percentage of the money you spend as a reward. The Discover cash back bonus can be redeemed either at select merchants or for cash. More specifically, there are three types of Discover cashback bonuses:
Discover More vs. Discover it isn't really an issue anymore, unless you already have Discover More and are considering switching. The Discover More credit card was discontinued in 2013 and replaced with Discover it Cash Back, which has better introductory financing and a first-year bonus.
Discover More offered 12 months interest free on purchases and balance transfers, while Discover it Cash Back extends that offer by 3 months, giving 0% for 15 months. Both cards give 5%...
You can see what Discover it Cash Back designs are available online, either while applying for the card or, if you're already a cardholder, by logging into your account. Options for Discover it Cash Back designs depend on whether you're opening a new account or looking for a replacement card. You'll have a small number of generic designs to choose from when applying for a new account. But once your account is open, you can immediately order a replacement card bearing...
Yes, you can get cash back on your Discover credit card, in the form of statement credit. You can also deposit any amount to your bank account.
To do this, sign in to your Discover account and click on “Rewards”. Then, select “Redeem Cashback Bonus” to be redirected to the redemption page where you can see your balance.
Other ways to redeem the Cashback Bonus are:
Share your insights and review for the Discover it® Cash Back
There is always something new to discover about credit cards, especially when you ask a panel of experts to lead the class. That is exactly what we did, too, posing the following questions about Discover it credit cards, particularly Discover it Cash Back, to a group that certainly has some insights to share.
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Offer last updated: Sep 26th, 2023 at 14:48 ET
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