Skip to content

Discover it® Cash Back

Advertiser Disclosure

Credit Card Insider is an independent, advertising supported website. Credit Card Insider receives compensation from some credit card issuers as advertisers. Advertiser relationships do not affect card ratings or our Editor’s Best Card Picks. Credit Card Insider has not reviewed all available credit card offers in the marketplace. Content is not provided or commissioned by any credit card issuers. Reasonable efforts are made to maintain accurate information, though all credit card information is presented without warranty. When you click on any ‘Apply Now’ button, the most up-to-date terms and conditions, rates, and fee information will be presented by the issuer. Credit Card Insider has partnered with CardRatings for our coverage of credit card products. Credit Card Insider and CardRatings may receive a commission from card issuers. A list of these issuers can be found on our Editorial Guidelines.

As far as no annual fee cash back cards go, the Discover it® Cash Back ranks among the best. You’ll get 5% cash back in quarterly rotating categories, up to $1,500 spent per quarter (then 1%; activation required). And Discover will double that for your first year!

Read Our Review
BEST PICK Best 0% APR Credit Cards of April 2021 Best Balance Transfer Credit Cards of April 2021 Best Cash Back Credit Cards of April 2021 Best Gas Credit Cards Best No Annual Fee Credit Cards
RUNNER UP Best Credit Card Signup Bonus Offers of April 2021 Best Credit Cards for Good or Excellent Credit Best Credit Cards for Uber and Lyft Best Retail Store Credit Cards of April 2021 The Best Military Credit Cards: Low APRs, Waived Annual Fees, and More
Our rating
Min. credit level: Good
Annual Fee: $0
Regular APR: See Terms
Intro Balance Transfer APR: See Terms for See Terms
Intro Purchase APR: See Terms for See Terms

Discover it® Cash Back

Our rating
Good Min. credit level
$0 Annual Fee
Read Our Review

Highlights & Features

Rewards

Spending Rewards
  • 5% cash back in rotating categories (up to $1,500 spent per quarter, then 1%; activation required):
    • January – March: Grocery Stores, Walgreens, CVS
    • April – June: Gas Stations, Wholesale Clubs, Select Streaming Services
    • July – September: Restaurants, PayPal
    • October – December: Amazon.com, Target.com, 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 debt from one card to another with the goal of saving money on interest.

Intro Balance Transfer APR See Terms for See Terms
Regular Balance Transfer APR See Terms
Balance Transfer Fee See Terms
How to Transfer a Balance on a Credit Card

Fees

Penalty APR N/A
Late Fee See Terms
Returned Payment Fee See Terms
Additional Cards Annual Fee N/A
Foreign Transaction Fee None
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your 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 See Terms
Cash Advance Fee See Terms
How to Get a Cash Advance with a Credit Card

Card Benefits

PERKS
  • Free Credit Score
SECURITY
  • Zero Liability on Unauthorized Charges
ABOUT THE ISSUER

Discover

Discover has several card types depending on your needs.

Speak to Customer Service

1-800-347-3085 or

Try a different phone number
See all Issuer Cards

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 (activation required), 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 2021 is:

Quarter 5% Cash Back Categories
January – March Grocery Stores, Walgreens, CVS
April – June Gas Stations, Wholesale Clubs, Select Streaming Services
July – September Restaurants, PayPal
October – December Amazon.com, Target.com, Walmart.com