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Discover it® Cash Back Credit Card

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Our rating
Credit range: Good
Annual Fee: $0
Regular APR: 13.74%–24.74% Variable
Intro Balance Transfer APR: 0% for 14 months
Intro Purchase APR: 0% for 14 months

Discover it® Cash Back Credit Card

Our rating
Good Credit range
$0 Annual Fee
Apply Now Read our Review

Highlights & Features

Rewards

  • 5% cash back in rotating categories, up to $1,500 in spending per quarter (then 1%):
    • Categories: January through March is Grocery Stores; April through June is Gas Stations, Uber, Lyft; July through September is Restaurants, PayPal; October through December is Amazon.com, Target, Walmart.com
  • 1% cash back on all other purchases

INTRODUCTORY BONUS

Cashback Match: Get double cash back for the first year, provided at the end of the first year

Balance Transfers

A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.

Intro Balance Transfer APR 0% for 14 months
Regular Balance Transfer APR 13.74%–24.74% Variable
Balance Transfer Fee 3% intro balance transfer fee (5% on later balance transfers)
How to Transfer a Balance on a Credit Card

Fees

Penalty APR None
Late Fee $0 the first time; up to $39 after that
Returned Payment Fee Up to $39
Additional Cards Annual Fee None
Foreign Transaction Fee None
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR 26.74% Variable
Cash Advance Fee 5%, $10 minimum
How to Get a Cash Advance with a Credit Card

Card Benefits

PERKS
  • Free Credit Score
ABOUT THE ISSUER

Discover

Discover has several card types depending on your needs.

Manage your Account & Pay your Bill

You can usually pay your bill online on your

Credit card issuer's website

Speak to Customer Service

1-800-347-3085 or

Try a different phone number
See all Issuer Cards
Discover it® Cash Back Credit Card

Highlights

  • Double all the cash back you’ve earned at the end of your first year automatically.
  • 5% cash back in categories that change each quarter like gas, restaurants, PayPal, Amazon.com and more – up to $1,500 in spending per quarter, then 1%.
  • 0% intro APR on purchases & balance transfers for 14 months — then a variable purchase APR applies, currently 14.24%–25.24%.
  • Free FICO® Credit Score on statements, online and by mobile app.
  • 100% U.S.-based service.
  • No annual fee. No over limit fee. No foreign transaction fee. No late fee on first late payment & paying late won’t raise your APR.
  • Each Discover purchase is monitored for fraudulent activity, and you’re never responsible for unauthorized purchases on your Discover card.

The Discover it Cash Back credit card is one of the main credit cards from Discover. Its most appealing features are the scarcity of fees and the abundance of rewards.

It provides 5% cash back in categories that rotate every three months, up to $1,500 in spending per quarter, and then 1% back. New cardmembers get double cash back on all the rewards earned in the first year. That’s a great deal that you won’t find from other card issuers.

The 5% cash back calendar for 2019 is:

Quarter 5% Cash Back Category
January – March Grocery Stores
April – June Gas Stations, Uber, Lyft
July – September Restaurants, PayPal
October – December Amazon.com, Target, Walmart.com

The Discover it has an introductory 0% APR for 14 months for purchases and balance transfers, quite a long period for paying off expenses at no interest, followed by a regular rate of 13.74%–24.74% Variable.

Discover now offers a free FICO score credit monitoring service to anyone, even if you’re not a cardholder.