Discover it® Cash Back Credit Card full review

If you have a good to great credit score and are looking for rewards in the form of cash back, this card is for you.

What do I need to know about the Discover it® Cash Back Credit Card?

Discover is a credit card brand issued primarily in the United States. It was introduced by Sears in 1985.

Discover is the third largest credit card brand in the U.S. based on the number of cards in circulation, behind Visa and Mastercard, with 57 million cardholders.

It provides banking and credit products that help people achieve their goals–from establishing good credit to paying for a college education to consolidating debt, and, of course, credit cards with cash back.

In payments, Discovery networks connect banks, cardmembers, and merchants around the world with innovative commerce solutions.

The Discover it® Cash Back Credit Card is one of Discovery’s products. If cash back is what you are looking for, read on to learn how this card works. With it, your cash back rewards never expire.

How does the Discover it® Cash Back Credit Card work?

By now you already know that with the Discover it® Cash Back Credit Card you get 5% cash back rewards at select places throughout the year.

Places like Amazon.com, grocery stores, restaurants, gas stations, and when you pay using PayPal.

Also, you will earn 1% cash back on all other purchases – automatically.

Throughout the year, you will get 5% cash back at selected places, divided as follows:

Jan-Mar 2022: 5% at Grocery Stores and Fitness Club & Gym Memberships on up to $1,500 in purchases when you activate. Excludes Walmart and Target purchases.

Apr-Jun 2022: 5% at Gas Stations and Target on up to $1,500 in purchases when you activate.

Jul-Sept 2022: 5% at Restaurants and PayPal on up to $1,500 in purchases when you activate.

Oct-Dec 2022: 5% at Amazon.com and Digital Wallets on up to $1,500 in purchases when you activate.

You will be able to redeem your cash back when it suits you best, any time for any amount, even $.01.

The card also comes with a 0% introductory APR for 15 months on purchases and eligible balance transfers. Then, a standard rate of 14.99% – 25.99% variable applies.

A balance transfer fee of up to 5% of the amount transferred applies.

Here are some of the ways you can redeem your cash back

  • Deposit cash back directly into your bank account.
  • Apply it as a statement credit on your Discover card balance.
  • Pay with Cashback Bonus: Use your rewards at checkout at Amazon.com and Paypal.

Unlimited Cashback Match

With Cashback Match, get an unlimited dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically.

Discover it® Cash Back Credit Card benefits

Online Privacy Protection

Discovery will help regularly remove your personal info from ten popular people-search websites that could sell your data. You can activate for free with the Discover app.

Free Social Security number alerts

Get an alert if we find your Social Security Number on any of thousands of Dark Web sites. Activate for free.

Turn your account on/off with Freeze it

If you misplace your card, freeze your account on our mobile app or website to prevent new purchases, cash advances, and balance transfers.

$0 Fraud Liability Guarantee

You’re never responsible for unauthorized purchases on your Discover Card.

Other benefits

  • There’s a 100% U.S.-based customer service for this card, available 24/7.
  • You’ll be able to request free overnight shipping to replace a lost card.
  • FICO® Credit Score for Free.

What would be one of the drawbacks of the Discover it® Cash Back Credit Card?

As a negative aspect, I could mention the fact that there is a quarterly limitation for the cash back amount.

The 5% bonus cash back rate is limited to $1,500 per quarter in spending.

How to apply for the Discover it® Cash Back Credit Card?

So, has the Discover it® Cash Back Credit Card seemed interesting to you so far?

So the time has come to find out how to apply for it.

The Discover it® Cash Back Credit Card has a 99 percent acceptance rate at merchants that accept credit cards. Thus, it’s likely that Discover is accepted at your retailer of choice.

Let’s go. Tap the green button below to take the next step.

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