Discover it® Cash Back
- Credit Cards
- Discover
- Discover it® Cash Back
Discover it® Cash Back Review
True to its name, this card offers a unique cash back program that sets it apart from other credit cards. With unmatched flexibility and a $0 annual fee, it's designed to make every purchase feel a little more rewarding.
Editor
Discover will automatically match all the cash back you’ve earned at the end of your first year
on Capital One's secure site
- Discover will automatically match all the cash back you’ve earned at the end of your first year
- Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.
- 0% intro on purchases for 15 months and 0% intro on balance transfers for 15 months, then 17.49% - 26.49% (Variable) APR. Balance transfer fee applies.
- $0
- Good, Excellent
Discover
Our Expert Review
Why We Like It
Offer Rating
4.5/ 5
By Our Content Team
The Discover it® Cash Back credit card is a unique card that comes with a popular rewards program. Cardholders can earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.
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 won’t expire for the life of the account, and you'll never pay an annual fee for carrying this card.
One of the things that makes this card stand out is its unique welcome offer: Discover will automatically match all the cash back you’ve earned at the end of your first year. There's no signing up. And no limit to how much cash back is matched. The cash back match can be especially beneficial for consumers who don't want to have to spend a certain amount on their card during the first 3 months in order to receive a bonus offer. And on the flip side, the fact that there's no limit to the amount of cash back matched means this card can be extremely rewarding if you're a big spender.
Pros & Cons
Pros
- One of the most rewarding Cash Back programs available
- APR of 0% intro on purchases for 15 months and 0% intro on balance transfers for 15 months, 17.49% - 26.49% (Variable) APR after that
- No annual fee, no foreign transaction fees, and award-winning customer service
Cons
- There is a balance transfer fee: 0% at the Transfer APR; 3% for the first 15 months; 5% at a promotional APR that Capital One may offer to you at any other time
- A quarterly cap on the 5% cash back applies
