Discover it® Cash Back Credit Card Review | CompareCredit

Discover it® Cash Back Review

By Thomas Donaldson

best of the best

Discover it® Cash Back

(1,074 reviews)

Current Offer
Dollar-for-dollar match of all cash back earned the first year
  • Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.
  • Dollar-for-dollar match of all cash back earned the first year
  • No annual fee, no foreign transaction fees and award-winning customer service
  • $0
  • Good, Excellent
  • Discover
Product Details
  • Click "APPLY NOW" to apply online
  • 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, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back in any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • #1 Most Trusted Credit Card according to Investor’s Business Daily.
  • No annual fee.
  • Discover is accepted nationwide by 99% of the places that take credit cards.

Our Expert Review

Why We Like It


Offer Rating

4.5/ 5

By Our Editorial Team

Key Benefit

Big-time rewards: up to 5% Cash Back and a Dollar-for-dollar match of all cash back earned the first year

Compare Credit logomarkEditor

The Discover it® Cash Back credit card is a unique card that comes with a popular rewards program. Cardholders receive Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate..

Discover seeks to take the hassle out of credit card rewards by letting you redeem cash back for any amount, any time. In fact, you can even shop with your rewards by using them at Amazon.com checkout. Your rewards never expire and you'll never pay an annual fee for carrying the card.

One things that makes this card stand out if the unique cash back intro offer: Dollar-for-dollar match of all cash back earned the first year. There's no signing up. And no limit to how much is matched. This clever rewards structure can be especially beneficial for consumers who don't want to have to spend a hefty amount on their card during the first 3 months in order to receive a sign up bonus. And on the flip side, the fact that there's no limit to the amount of the Cash Back Match means that this card can be extremely rewarding if you're a big spender.

Pros & Cons

Pros

  • One of the most rewarding Cash Back programs available
  • Intro APR of 0% for 14 months on purchases and balance transfers, 11.99% - 22.99% Variable after that
  • No annual fee, no foreign transaction fees and award-winning customer service

Cons

  • There is a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*
  • A quarterly cap on the 5% cash back applies

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