Discover It Cash Back Credit Card: 5% Cashback on Some Categories and Unlimited Cashback Match!

Discover It provides a cash-back card with no annual fees and 5% cash back on everyday spending in various categories!

The Discover It card offers robust security features paired with easy financial management options, and you can discover how to apply.

SEE HOW TO APPLY

Looking for More?

The Discover It card is another offering from the Discover lineup, aimed specifically at maximizing cash back rewards.

This is why it features an attractive 5% cash back on everyday transactions.

However, there’s a twist: Discover It follows a cashback calendar. Every three months, it designates categories eligible for the 5% cash back offer.

You can view the available categories on the Discover It’s Calendar platform. Past categories for the 5% cash back have included: gas stations, EV charging, public transport, pharmacies, and dining.

On the bright side, this means a variety of rewards throughout the year, perfectly suited to cover daily expenses since that’s the card’s primary goal.

For all other qualifying purchases, the cash back rate is 1%.

The card starts with an initial limit of $500, which is considered quite generous and can be increased based on needs.

No, the Discover It card does not offer a sign-up bonus since it focuses on balance transfers.

There are no annual fees, and it offers a 0% introductory APR for 15 months, with a 3% balance transfer fee.

To qualify for cards like this Cash Back option, applicants generally need to have a good to excellent credit score.

Like most credit cards, the entire application process can be done directly on the Discover website.

One more perk of the card is that at the end of the first year, you get a dollar-for-dollar match of the rewards accumulated during that year.

For instance, if you earn $200 in cash back (even if you’ve redeemed some already), you’ll receive an extra $200 as unlimited matches.

When you apply for your credit card, you have the option to select from 25 different designs to personalize it to your taste.

You have the flexibility to choose how you want to redeem your cash back, whether it’s through direct bank deposits, applying it as statement credit, or using it for purchases on platforms like Amazon.com and PayPal.

Moreover, the Discover It credit card offers a range of valuable features, including online privacy safeguards, free alerts for your Social Security number, the ability to temporarily disable your card through the Freeze It system, and protection against fraud.

As a result, it facilitates effective daily management of your finances without significant hassles.