Rating: 5 Stars
Bottom Line:
Rotating Cash Back and Finance Purchases
TABLE OF CONTENTS
Card Details
| Regular APR: | 13.99% – 24.99% (Variable) |
| Intro APR (Purchases): | 0% for 14 months |
| Intro APR (Balance transfers): | 0% for 14 months |
| Rewards Rate: | 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate |
| Credit Needed: | (670 – 850) Excellent/Good |
| Annual Fee: | $0 |
| Card Brand: | Discover |
*See online credit card application for details on the terms and conditions.
Offer Highlights
- Click APPLY NOW to apply online
- Intro Offer: Discover will match all the cash back you’ve earned at the end of your first year, automatically. There’s no signing up. And no limit to how much is matched.
- Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
- Plus, earn unlimited 1% cash back on all other purchases – automatically.
- Redeem cash back any amount, any time. Rewards never expire.
- Use your rewards at Amazon.com checkout.
- Get an alert if we find your Social Security number on any of thousands of Dark Web sites. Activate for free.
- No annual fee.
Is Discover it Cash Back Credit Card worth it?
Discover it Cash Back is a solid cash back card with the option to pay off purchases or debt at 0% for 14 months. This card has 5% cash back in popular, rotating categories up to the quarterly max. The ongoing unlimited cash back is 1%, which is an average cash back rate.
Here?s the 2020 Discover 5% cash back Calendar:
| Jan – Mar 2020 | Grocery Stores, Walgreens, and CVS |
| Apr – Jun 2020 | Gas Stations, Uber, Lyft and Wholesale Clubs |
| Jul – Sep 2020 | Restaurants and PayPal |
| Oct – Dec 2020 | Amazon.com, Walmart.com and Target.com |
Pros
- Discover doubles all earned cash back at end of first year
- 0% Intro APR for 14 months on purchases and balance transfers
- No annual fee
Cons
- Quarterly cap for 5% cash back is $1,500
- No intro bonus
Why 5 Stars?
Regular APR
4 Stars
Intro APR
5 Stars
Fees
5 Stars
Perks
5 Stars
Overall
5 Stars
Fees
| Foreign Transaction Fee | None |
| Balance Transfer Fee | 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms) |
| Cash Advance Fee | 5% on transaction amount or $10, whichever is greater |
| Penalty APR | None |
Benefits
| $0 Fraud Liability |
Editorial Note: This content is not provided by the issuer. Any opinion, analyses, reviews, or recommendations expressed on this page are those of the author?s alone, and may not have been reviewed, approved or otherwise endorsed by the issuer.
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