In today’s fast-paced world, a credit card isn’t just a financial tool; it’s a companion that can make life a little easier and more rewarding. The Discover it Cash Back credit card is designed with this in mind, offering a host of benefits that go beyond just spending power. 

Whether you’re dining out, filling up your gas tank, or shopping for groceries, this card ensures you get rewarded for your everyday purchases. With no annual fee, generous cash back rewards, and top-notch security features, it’s a card that truly has your back.

Main features of the Discover it Cash Back card

The Discover it Cash Back credit card is issued by Discover Bank, a reputable financial institution known for its innovative products and customer-centric approach. This card is designed for individuals who want to maximize their rewards on everyday spending without the burden of an annual fee. 

Whether you’re a savvy shopper or a frequent traveler, this card caters to a wide range of consumers looking to get more value from their purchases. With quarterly rotating categories, cardholders can earn 5% cash back on up to the quarterly maximum in purchases at places like grocery stores, restaurants, and gas stations, once activated. 

The benefits don’t stop there—every other purchase earns 1% cash back, and there’s no expiration date on rewards. Additionally, Discover’s Cashback Match feature matches all the cash back earned at the end of the first year for new cardmembers, effectively doubling the rewards for that period.

Understanding the annual fee 

One of the standout features of the Discover it Cash Back card is its $0 annual fee. This means you can enjoy all the perks and benefits of the card without having to worry about an additional yearly cost. The absence of an annual fee makes this card particularly attractive to those who want to earn rewards without paying for the privilege. 

Deciphering credit limits

The credit limit for the Discover it Cash Back card is determined based on several factors, primarily focusing on your creditworthiness. When you apply for the card, Discover conducts a comprehensive review of your credit history, income, and existing debt. This helps them assess your ability to manage additional credit. Generally, a higher credit score and a stable income can result in a higher credit limit. 

Advantages of the Discover it Cash Back card

• 5% Cash Back on Rotating Categories: Earn 5% cash back on everyday purchases at different places each quarter, such as grocery stores, restaurants, and gas stations, up to the quarterly maximum when you activate.
• 1% Cash Back on All Other Purchases: Enjoy 1% cash back on all other purchases with no cap.
• Cashback Match: For new cardmembers, Discover matches all the cash back earned at the end of the first year, doubling your rewards.
• No Annual Fee: Enjoy all the benefits of the card without an annual fee.
• $0 Fraud Liability: You are never responsible for unauthorized purchases.

Standout advantage

One of the most impressive features of the Discover it Cash Back card is the Cashback Match program. This unique offering essentially doubles the cash back rewards for new cardmembers during their first year. Unlike other cards that offer a one-time sign-up bonus, Cashback Match provides continuous value throughout the year. 

Addressing potential drawbacks

• Rotating Categories: The 5% cash back is only available on rotating categories, which requires activation each quarter and may not always align with your spending habits.
• Limited Acceptance Abroad: Discover cards are not as widely accepted internationally compared to Visa or Mastercard, which could be inconvenient for frequent travelers.
• Balance Transfer Fees: After the introductory period, balance transfers incur a fee of up to 5%, which can add up for large transfers.

Standout disadvantage

The primary disadvantage of the Discover it Cash Back card is the rotating categories for the 5% cash back. While this feature allows cardholders to earn higher rewards, it also requires regular activation and monitoring to ensure you’re maximizing your benefits.

Eligibility criteria 

Applying for the Discover it Cash Back card is straightforward, but there are certain prerequisites you need to meet. Applicants must be at least 18 years old and have a valid Social Security number. Additionally, having a good to excellent credit score increases your chances of approval. Discover looks for a stable income and a solid credit history, indicating responsible credit use. 

How to apply for the Discover it Cash Back card

Applying for the Discover it Cash Back card is a simple process, and you have multiple options to choose from. Whether you prefer the convenience of online applications or the personal touch of talking to a representative, Discover makes it easy. 

Via website

Applying for the Discover it Cash Back card via the website is quick and convenient. Simply visit the Discover website and navigate to the credit card section. From there, you can find detailed information about the card and initiate the application process. The online form requires you to enter your personal details, including your name, address, and Social Security number. 

You’ll also need to provide financial information such as your income and employment status. After reviewing the terms and conditions, you can submit your application. Discover will perform a credit check and provide you with an approval decision, often within minutes. 

Through the mobile application

For a modern and user-friendly application process, you can apply for the Discover it Cash Back card through the Discover mobile app. Available for both iOS and Android devices, the app allows you to manage your entire application process from your smartphone. 

Download the app from your device’s app store, create an account or log in, and navigate to the credit card application section. The app guides you through each step, making it easy to input your information and review the terms. Once you’ve completed the application, you can submit it directly through the app. 

Through the store/branch

Since Discover doesn’t have physical branches like traditional banks, you can’t apply for the Discover it Cash Back card in person. Instead, their 100% U.S.-based customer service team is available 24/7 to answer any questions and guide you through the application process over the phone or online.