Who is Discover it Card for?

Discover it Card is a good fit for people looking for a generous cash back card with no annual fee. It is particularly suited for people who have a credit card balance to pay off and whose shopping habits fit the card's bonus categories.

What are the Rates?

Rates for purchases and balance transfers range from 11.99% APR to 23.99% APR, based on each applicant's creditworthiness. There isn't a penalty APR for members who are late with their monthly payment, but there are fees to pay.

The card comes with a 0% APR on balance transfers for the first 18 months, which will help cardholders with a small balance repay their debt while still earning rewards on new purchases, and a 0% APR on purchases for the first 6 months.

What Are the Fees?

The Discover it Card doesn't have an annual fee, but it does have a 3% balance transfer fee and a $10 or 5% cash advance fee, whichever is greater. Members who are late on a payment or whose payment is returned must pay a $37 fee. However, the late payment fee is waived the first time it happens.

What Is the Rewards Program Like?

Discover it Card has a cash back rewards program with a 5% cash back rate on certain categories that change every three months and 1% on all other purchases. There are no minimum amounts or time restrictions when redeeming cash back rewards and members can use them immediately on Amazon.com.

What about the Signup Bonus?

Apart from the 0% APR for the first 18 months on balance transfers, there is no signup bonus linked to the Discover it Card.

Any Other Benefits?

The Discover it Card gives members free access to their FICO credit score on their monthly statements and through Discover mobile app. Discover prides itself in having a 100% U.S. based customer service that is available 24 hours a day. 

How Is It Better Than Other Credit Cards?

Discover it Card combines the best of a cash back card and a transfer balance card by packing a generous cash back rate and a long 0% intro APR. All without charging an annual fee. The 18-month introductory 0% APR is long enough to either make a dent in a large credit card balance or completely repay a smaller one, while still earning some rewards on the side.

  • Credit Score Range
    700 - 850
  • Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    • Unemployed
  • Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
  • Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
  • Minimum Age
  • Supported Income Types
    • 1099 Misc. Income
    • Cash / Other
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
  • Customer Type
  • Grace Period / Deferred Interest
  • Late Payment Penalty
  • Minimum Interest Charge
  • Returned Payment Fee
  • No Annual Fee
  • Card Type
    • Cash Back
    • Balance Transfer
    • Rewards
  • 0% Introductory APR
  • Card Network
  • Fraud Liability
  • Free FICO Score
  • Cashback
  • Rewards Categories
    • Every Purchase
    • Gas
    • Groceries
    • Restaurants
  • Balance Computation
    daily balance (including new transactions)
  • Purchases APR (variable)
    11.99% - 23.99%
  • Transfer Fee
  • Balance Transfer APR (variable)
    11.99% - 23.99%
  • Intro APR period (months)
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