What You Need To Know
The Discover it® Cash Back makes a great everyday or secondary credit card as it's packed with excellent benefits — all with a $0 annual fee. Beyond the ability to earn lucrative cash back rewards while taking a break from interest until 2027, we're also impressed with the Discover it® Cash Back's unique welcome bonus.
Benefits and perks:
- Rotating 5% cash back categories: You have the ability to earn up to 5% cash back on different spending categories each quarter. You 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. Redeem your rewards for cash at any time.
- Unique welcome bonus worth up to 10% cash back in your first year: Discover will match all the cash back you've earned at the end of your first year. Combined with the up to 5% cash back reward rate, the bonus offer could earn you up to 10% cash back in your first year. Plus, there is no cap on how much you could earn!
- Intro APR offer: If you want to tackle high-interest debt or finance large purchases (or both!), this card is a great choice as it offers 0% intro APR for 15 months on purchases and balance transfers. After the intro period, the go-to APR is 17.49% - 26.49% Variable.
- No annual or foreign transaction fee: Keep even more money in your wallet with a $0 annual fee and no foreign transaction fee.
» Apply for the Discover it® Cash Back card.
How Discover it® Cash Back Stacks up
With its rotating cash back categories, first-year Cashback Match™, and lengthy intro APR offer, our experts think the Discover it® Cash Back (Rates and fees) is tough to beat. But how does it stack up against the competition? See a side-by-side comparison below.
