Discover it® Cash Back APPLY NOW

Card Details, Rates & Fees

Purchase APR: 0% for 14 months, then 13.99% - 24.99% Variable
Balance Transfer APR: 0% for 14 months, then 13.99% - 24.99% Variable
Annual Fee: $0
Credit Needed: Excellent, Good, Average

Card Features

Matches your cash back at end of 1st year; 5% cash back on purchases within select categories up to the quarterly maximum (signup required); 1% on all other purchases

Card Highlights from Discover

  • 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.
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Earn Twice the Rewards Your First Year with This Card

Lots of credit cards offer intro bonuses that make applying for the card a bit more worth your while, but what if there were a way to earn twice the rewards your first year with the card? The Discover it Cash Back card makes that a reality, as it matches all of the cash back you earn during the first year as a cardholder! Since the card earns 5% cash back on rotating categories each quarter you activate (up to the quarterly maximum, currently $1,500, then it’s 1% back) and 1% cash back on all other purchases, this means for the first year, you’ll earn 10% cash back on rotating categories (up to the quarterly maximum) and 2% cash back on all other purchases!

While the first-year bonus makes the card extra appealing, it’s not the only reason for you to get this card, as it has a 14-month 0% intro APR on purchases and balance transfers (after the 0% intro APR expires, a 13.99% - 24.99% Variable rate applies) — with a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms) — charges no annual fee and offers so much more. Keep reading to learn why Discover it Cash Back is the perfect addition to your wallet.

What to expect with Discover it Cash Back

The Discover it Cash Back card is one of our favorite credit cards, and for good reason. As noted above, it offers a stellar first-year rewards bonus, has some solid ongoing rewards and a long 0% intro APR period — all with no annual fee! We especially love that cardholders earn 5% cash back on rotating categories each quarter they activate (up to the quarterly maximum, currently $1,500, then it’s 1% back) because it allows cardholders to earn cash back on different purchases throughout the year. Discover’s rotating categories are especially appealing because they mirror most consumer’s seasonal spending habits. For example, 2019’s categories include groceries from January to March; gas stations, Uber and Lyft from April to June; restaurants and PayPal from July to September; as well as Amazon.com, Target and Walmart.com from October to December.

As if all of that isn’t enough, the card also has no foreign transaction fees, which means it’s a card you’ll want to take on your overseas adventures, no penalty APR, which means paying late won’t increase your APR, no late fee for your first late payment and a number of Discover-specific perks.

To start, if you ever lose of misplace your Discover it Cash Back card, you can use Discover Freeze it via your smartphone or computer to temporarily freeze the card, then when you recover it, you can unfreeze the card and use it as you normally would. Freezing your card blocks new purchases, cash advances and balance transfers from going through. If you’re unable to find your card, you can report it as lost or stolen via the mobile app or Discover’s online portal.

Next, cardholders will receive free identity theft protection alerts to protect themselves from fraud and identity theft. You’ll have to enroll in these alerts (this can easily be done via Discover’s online portal), but once you do, Discover will monitor dangerous websites and your Experian credit report, then alert you if your personal information is found on dangerous websites or new accounts appear on your credit report.

Finally, Discover it Cash Back cardholders also receive a free TransUnion FICO Score on their monthly statement, which allows you to get a preview of your credit health and track your scores over time.

Downsides of Discover it Cash Back

Discover it Cash Back is one of the most well-rounded cards we review, so it’s not easy finding flaws with this card. In fact, there’s only one aspect that we feel some may find unappealing — the rotating categories. You’re required to activate Discover’s rotating categories every quarter, but Discover makes that easy to do via the card’s online portal. You can also sign up for email notifications, so Discover can alert you of next quarter’s categories and remind you when it’s time. Even so, we recognize that some people want the type of credit card that they can set and forget, and in that case, Discover it Cash Back may not be the best option for them.

Instead, we’d suggest you take a look at Chase Freedom Unlimited. This card offers a similar double rewards bonus for the first year, has no annual fee and straightforward ongoing cash back. Here’s how it works: you’ll earn 3% cash back on all purchases in the first year (up to $20,000 spent) — that’s a potential of up to $600 back! After the intro 3% cash back offer, you’ll earn an unlimited 1.5% cash back on all purchases. Chase Freedom Unlimited also has no annual fee and a 15-month 0% intro APR on purchases and balance transfers (with a 3% balance transfer fee, $5 minimum).

Should you apply for Discover it Cash Back?

If you want a card that really makes the most of all of your first-year purchases and beyond, the Discover it Cash Back card is for you. Its ability to earn double rewards during the first year is super appealing, and the card gets even more impressive when you consider its ongoing rewards, 14-month 0% intro APR period, no annual fee, no foreign transaction fees and all of the other Discover-specific perks. Click “Apply Now” to apply for Discover it Cash Back online and view the card’s rates and fees.

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Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.