Good, ExcellentRecommended Credit (670-850)
on Capital One's secure site
What you need to know:
- APR of 0% intro on purchases for 15 months and 0% intro on balance transfers for 15 months. The regular APR is 17.49% - 26.49% (Variable). Balance transfer fee applies.
- 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 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 for the cash back match.
- $0 annual fee.
The Discover it® Cash Back card sets itself apart from other low intro APR options by providing this introductory rate on purchases and balance transfers, but it also lets you earn unlimited cash back. Finding another card that can offer this level of value without an annual fee is tough to do.
Why We Like This Card
Unlike many cards that offer an intro APR on just purchases or balance transfers, the Discover it® Cash Back card provides an APR of 0% intro on purchases for 15 months and 0% intro on balance transfers for 15 months, 17.49% - 26.49% (Variable) APR thereafter. Balance transfer fee applies. This means you can avoid interest charges for well over a year!
What makes this card even more appealing is its unique combination of features: an introductory APR, cash back rewards, and a welcome offer that doubles your cash back in the first year—a rare find in today’s market.
Additional Benefits and Rewards
- Unlimited bonus rewards: There's no limit to the amount of cash back you can earn during your first year, and Discover will automatically match all the cash back you’ve earned at the end of your first year. Plus, there’s no minimum spending requirement for the cash back match.
- Rotating 5% cash back categories: 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.
- No penalty APR: Discover doesn’t charge a penalty APR, though late fees may apply.
- No annual fee: With the Discover it® Cash Back card, you won’t pay an annual fee, allowing you to keep even more money in your wallet.
- to take advantage of these great benefits. (See )
Who Should Get This Card
- Has good to excellent credit: The Discover it® Cash Back card is a good option for those with a Good, Excellent credit score.
- Wants to finance a large purchase or manage high-interest debt: Whether you're looking to spread out payments on a big purchase or tackle high-interest debt, the Discover it® Cash Back card offers an APR of 0% intro on purchases for 15 months and 0% intro on balance transfers for 15 months, followed by a 17.49% - 26.49% (Variable) APR. Balance transfer fee applies.
- Enjoys earning more cash back: It’s rare to find a card that offers 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.
