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Discover it® - Cash Back Credit Card

Caroline Lupini
Updated on: 01/03/2019
RE®: 96
Our Rating
Discover it® Cash Back

To apply for this offer please contact
Discover Bank

For excellent/good credit
  • 95
    for Cash Rewards
  • 97
    for Everyday use
2018Best Cash Back Credit Card of the Year

The Discover it cashback credit card is a great no annual fee card that offers a good return on everyday spending with bonus categories that change every quarter. Additionally, in lieu of a traditional sign-up bonus, Discover will double all of the rewards you earn in your first year. If you earn $100, Discover will match that with an additional $100; if you earn $1,000, Discover will still match it!

The Discover it card doesn’t have many travel perks, so it isn’t a card that will only benefit travelers. It’s good for anyone who wants to earn cash back.

One of the biggest downsides of Discover is that it’s not accepted in as many places as Visa and MasterCard, especially when traveling abroad. This means that the Discover it card probably isn’t going to do it all for you, but it’s a good second or third card to carry in your wallet.

Bonuses & Benefits of Discover it Card

Knowing what benefits come with a credit card can help you decide if it’s a good fit for you. Here we cover the bonuses and perks that the Discover it® Cash Back offers and the value of the Discover Cashback Bonus® cashback you earn.


Discover doesn’t currently offer a traditional sign-up bonus with the Discover it card, but what they do offer might be even better! Right now, Discover will match all of the ash back you earn in your first year of card membership. If you earn $50, they’ll give you $50 more. If you earn $700, you’ll get $700 more. If you spend strategically during your first year as a cardholder, you can easily earn more cash back than a traditional sign-up bonus would offer. We’ll go into more detail about how much cash back you can earn for each purchase, but know that you’ll earn either one percent or five percent back. With the double cash back offer, that really means you’ll get either two percent or 10 percent back for all of your purchases in the first year!

What You Get

  • 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, 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 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.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.

Your cashback rewards will never expire as long as your Discover account is kept open. Since there’s no annual fee, there’s really no reason to ever close the account, but if you do, just redeem your cash back ahead of time.

Everyday Earnings with Discover it® Cash Back

The Discover it cashback card earns 5.0 percent back on categories that rotate every quarter and 1.0 percent back on all other purchases. While the quarterly categories change each year, some categories that have popped up frequently in the past include dining, entertainment, gas and

Registration is required in order to earn five percent back, and there are typically dollar limits on how much you can earn at that rate. However, there is no overall limit to the amount of cash back that can be earned. And remember, in your first year Discover will double your cash back! This basically means that quarterly rotating categories earn 10.0 percent back and all other purchases earn 2.0 percent in the first year.

Discover it® Cash Back Credit Card Rewards

Your Monthly Charges
Rewards You Will Earn Annually
Quarterly Rotating Categories
All Other Purchases

Travel Benefits

The Discover it cashback card isn’t really a travel card and therefore doesn’t have many travel benefits.

No Foreign Transaction Fees

You won’t be hit with any additional fees for using your Discover card while traveling internationally.

Earn Elite Status Fast

There aren’t any opportunities to quickly earn elite status with airlines or hotels with the Discover it.

Fees: the cost of Having Discover it® Cash Back

The Discover it card doesn’t have an annual fee, so you don’t need to spend anything to cover the cost! You should, however, consider if you could be earning more cash back from spending on a different credit card instead.

Since Discover will double your cash back in the first year, you can really do quite well. Considering that the quarterly rotating categories that normally earn five percent back will effectively earn 10 percent back at the end of the first year, it’s really hard to beat what this cashback card offers.

Annual Fee


Balance Transfer Fee

3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*

Late Payment Fee

None the first time you pay late. After that, up to $37

Foreign Transaction Fee


Does the Card Pay for Itself?

Discover it® Cash is a no-fee card. You do not have to earn a certain amount of rewards in order to cover the cost since it’s free. It’s still good to know roughly how much you’ll be earning, though. We’ve broken out our estimates for the first- and second-year net earnings.

These estimates are based on an annual monthly spend of $2,000

First Year

Signup Bonus
Anniversary Bonus
Everyday Rewards
Statement Credit
Free Bags
Foreign Transaction Fees
APRS Charges
Annual Fee
Rewards Earned First Year

Second Year

Signup Bonus
Anniversary Bonus
Everyday Rewards
Statement Credit
Free Bags
Foreign Transaction Fees
APRS Charges
Annual Fee
Rewards Earned Second Year

Top 5 Benefits of the Discover it Credit Card

Discover it is simple card to use, but it still has some great benefits like double rewards for the first year, no annual fee and more!

  1. Cashback Match: After your first year, Discover will double all of the cash back you earned with no cap!
  2. Good Earning Potential: The Discover it card earns 5% back on quarterly rotating categories that include things like dining and gas stations, and 1% back on all other purchases.
  3. Hassle-Free Redemptions: Your cash back is worth what you think it is, and there are no minimums or category restrictions to your redemptions.
  4. No Annual Fee: You’ll never have to pay anything for this card. That means all the rewards you earn are essentially free. How can you beat that?
  5. No Foreign Transaction Fees: No foreign transaction fees on purchases made abroad.

Should You Get the Discover it Credit Card?

Discover it is a solid credit card that should be in just about everybody’s wallet. The card offers a great five percent return on categories that rotate quarterly, and one percent back on all other purchases. The first year as a cardholder can be really good for your bank account because all the rewards you earn will be doubled by Discover, with no limit!

In addition to being a great everyday earner, the Discover it card doesn’t have an annual fee and doesn’t charge foreign transaction fees if you want to use the card abroad. Redeeming cash back is super simple with no minimum redemption amount and no restrictions about what you can use the cash back for.

Considering all this, there’s pretty much no reason not to get the Discover it cashback card.


Need more info? Check out our frequently asked questions. If you have other questions, please click on “Ask Now” below.

  • What will my Discover it credit card limit be?

    When you apply for your Discover it card, Discover will assess your full application in order to determine your credit limit. Credit limits for the Discover it cashback card can be very low or very high. If you would like a higher credit limit, you can request a credit increase with Discover, but it is best to wait at least three months after applying or since your last request for an increase.

  • What are the bonus categories for the Discover it card?

    The five percent rotating bonus categories change each quarter, and we don’t usually know what they are more than a month or two ahead of time. However, some popular categories that have made multiple appearances in the past include gas stations, grocery stores, restaurants,, home improvement stores and entertainment.

  • What kind of credit score do I need to get the Discover it card?

    You’ll need a good credit score to get the Discover it card. Most people who are approved report a credit score of at least 710. If you have a lower credit score or are looking to build your credit history, Discover also offers a Discover it® for Students and a secured card.

  • Is this different from the Discover it Miles card?

    Yes, Discover it and Discover it Miles are two different cards with different earning and redeeming structures. For instance, the Discover it Miles earns 1.5 miles per dollar spent on all purchases with no bonus categories.

  • How long does it take cash back to post to my account?

    Cash back will post to your account almost instantly.

  • Is there a way to earn more cash back with Discover?

    Yes, Discover also offers a shopping portal that allows you to earn more cash back when shopping online with participating merchants. You can navigate to the portal after logging into your Discover account. Search for the merchant that you want to shop at in order to find out if they are participating, and you’ll also see how much additional cash back you will earn. Cash back earned through the portal is also eligible to be doubled by Discover after your first year of being a card member.

Have A Question?
Ask our credit card expert!

Compare Discover it Cards

Discover offers a few other cashback or pseudo-cashback cards that might be worth considering. Most of the cards earn typical cash back, like the Discover it. The Discover it Miles card technically earns miles, but the miles are redeemable for cash back at a consistent rate.

Discover it® Cash Back
For Excellent/Good Credit
Check which Discover card is the right fit for you

To apply for this offer please contact
Discover Bank

Other Discover It cards

One great thing about all of these cards is that none have an annual fee.

Discover it Chrome will benefit those that spend more on gas and restaurants as it earns two percent back in those categories and one percent on all other purchases. The Discover it Miles card earns 1.5 miles (which is really 1.5 percent cash back) on all purchases, so this card is beneficial if you have many purchases that wouldn’t otherwise fall into a specific category.

Outside of the percentage earned on various purchases, there is not a big difference between any of these cards, so just think about your spending patterns and determine which card will net you the most cash back.

Discover it® ChromeDiscover it® ChromeDiscover it® MilesDiscover it® MilesDiscover it® Balance TransferDiscover it® Balance Transfer
Sign-up bonus$0$00 miles$0
Annual Fee





APR On Purchases14.24% - 25.24% Variable14.24% - 25.24% Variable14.24% - 25.24% Variable14.24% - 25.24% Variable
Foreign Fee0%0%0%0%
Bonus Value$0$0$0$0
Second Year Value$240$240$360$240

Compare the Discover it Credit Card to Other Cards

There are a handful of other cards that are worth comparing to the Discover it card before you apply, including VentureOne from Capital One, Chase Freedom and Amex EveryDay. Each card has it’s own positives and negatives. None of these cards charge an annual fee.

doublefirst year earnings
Discover it® Cash Back

Check if Discover it® Cash Back is the best option for you

Like the Discover it, the VentureOne is effectively a cashback card, while both the Chase Freedom and Amex EveryDay cards can offer the ability to transfer to airline and hotel partners. Note that this is only possible with the Freedom card if you also have a premium Chase Ultimate Rewards card.

The VentureOne offers a 20,000 miles sign-up bonus; Freedom offers 150 points; and the Amex EveryDay offers 10,000 points. Discover it will match the cash back you earn in your first year, no matter how much it is. If you spend a lot, it might be a better deal.

Both the Freedom and EveryDay cards are good options for someone looking to get a little bit deeper into redeeming miles for flights because they offer more flexibility. On the other hand, the Discover it and VentureOne are simpler cards that are perhaps better suited for someone who just travels occasionally.

As far as rewards earning goes, the Freedom and Discover it both offer quarterly rotating categories, the VentureOne earns 1.25 miles back per dollar, and the Amex EveryDay earns two points per dollar at supermarkets (up to $6,000 spent per year) and one point per dollar for all other purchases. With the Amex card, you can also increase your earnings by 20 percent if you make at least 20 purchases on your card each month.

Card Overview

Whenever you apply for a credit card make sure you read the terms and conditions of the card and the rewards program to find out about minimum spend requirements and any restrictions to ensure you can successfully obtain the card and earn the rewards it offers.

Card Details

Excellent credit score
From 700 to 850
Discover BankDiscover Bank
Use miles
Pay with points

Flight Features

Available airline
Loyalty Program
Cashback Bonus®
Flights Type
Domestic and International
Not a member

Travel Partners

Car Rental

Card Terms and Conditions

While it's easy to focus on the rewards offered by the Discover it cashback card, it's worth taking a closer look at the terms and conditions. There's a lot to consider as you think about how you're going to use the card. Will you carry a balance, get a cash advance or maybe make a big purchase? Below is a rundown of the various interest rates, purchase protections, security features and mobile banking options that come with this Discover card.


Minimum Grace Period:
25 days
Intro APR for balance transfers:
0% (14 months)
Ongoing APR:
14.24% - 25.24% Variable
Intro APR:
0% (14 months)
Extended Warranty Protection:
Get an additional year of coverage after the manufacturer’s warranty expires.
Purchase Protection:
If an item is damaged or stolen within 90 days of purchase, you may be refunded up to $500
Price Protection:
See the same item for less within 90 days of purchase and get up to $500 back from Discover to cover the difference.
Return Guarantee:
If the store doesn’t accept your return, get a refund of up to $500. Good for 90 days and up to $2,500 a year.

Cash Advance Features

Ongoing APR:
27.24% Variable
Cash Advance Fee:
Either $10 or 5% of the amount of each cash advance, whichever is greater

Security and Protections

The Discover it card offers standard account security features, including Chip + Signature technology and mobile zero liability for unauthorized purchases.

EMV Chip + Signature Technology:
Get global acceptance and enhanced security at merchants that use chip enabled terminals.
Free FICO Score:
Monitor your credit history for unusual activity, including recently opened accounts and inquiries made on your history.
Freeze it On/Off Switch:
If you misplace your card, you can freeze it online or through the mobile app to prevent new purchases, cash advances and balance transfers.

Mobile banking

Discover offers a mobile backing app so you can view your account activity while you’re on the go. The Discover it Cash card also works with Apple Pay, Android Pay and Samsung Pay.

Additional Cardholder Benefits

The Discover it card isn’t a premium card and isn’t really geared toward travelers. It used to offer a number of travel benefits—including lost luggage coverage, emergency roadside assistance and a 24/7 concierge—but they were discontinued in 2015. Nevertheless, the card still has auto rental insurance and flight accident insurance.

Discover Travel Benefits

Auto Rental Collision Damage Waiver:
Coverage for theft and collision for most rentals in the U.S. and abroad, up to $25,000. Coverage is secondary to your personal insurance.
Travel Accident Insurance:
Receive accidental death or dismemberment coverage of up to $500,000 for any flight as long as you purchase with your Discover it card.

Editorial Disclosure: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

UGC Disclosure: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.