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  Discover it Cash Back

Discover it Cash Back

in Personal Credit Cards from Discover Bank

Claimed

Discover it Cash Back

Claimed

in Personal Credit Cards from Discover Bank

SuperMoney Net Recommendation Score +42%

SUPERMONEY NET RECOMMENDATION SCORE

+42%

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2 users don't recommend
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Highlights
Highlights
Community Rating Mostly recommended
Purchase APR  (Variable APR) 11.99% - 22.99%
Balance Transfer APR  (Variable APR) 11.99% - 22.99%
Credit Score Range 680 - 850
Annual Fee $0
Number of Reviews 12

Discover it Cash Back Review

Discover it Cash Back is a cashback credit card issued by Discover Bank. If you're wondering whether Discover it Cash Back is the right card for you, read on. This is everything you need to know to make a good choice.

Key Takeaways
  • Generous reward rate. You will get a cashback rewards rate of up to 5%.
  • Earn 1% cash back on everyday purchases.
  • 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 14 months, which is longer than the average 0% APR period of 12 months.
  • 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 14 months.
  • Competitive APRs. Discover it Cash Back has a variable purchase APR that ranges from 11.99% up to 22.99%.
  • No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
  • 3% Balance transfer fee. Discover it Cash Back charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees.
  • $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
  • Gas rewards. Earn up to 5% for every $1 you spend on gas.
  • Multiple credit card benefits. Includes generous credit card perks, such as price protection, and fraud protection.
  • Good or better credit required. You should probably try with another card if your credit score is below 680.
Discover it Cash Back Pros & Cons
The Good The Bad
  • Discover automatically matches all the cash back you've earned at the end of your first year.
  • 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.
  • Lower than average purchase APRs.
  • 0% APR balance transfer intro rate on balance transfers for up to 14 months.
  • 0% APR on new purchases during the first 14 months.
  • No annual fee.
  • Multiple credit card perks.
  • No foreign transaction fee.
  • Cardholders can earn rewards on every purchase.
  • Earn rewards on every purchase.
  • Discover it Cash Back reports to multiple credit bureaus.
  • Cardholders can earn rewards on their purchases.
  • Requires good to excellent credit.
  • Does not offer a signup bonus.
  • Charges a 3% balance transfer fee.
Discover it Cash Back FAQ

Is there a Discover it Cash Back cash back or rewards program?

Discover it Cash Back is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Discover it Cash Back you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 5% for purchases in a bonus category.

Discover it Cash Back Rewards
Rewards rate (all purchases) 1%
Max rewards rate 5%
Annual rewards limit N/A
Signup Bonus ($) N/A

Does Discover it Cash Back have a signup bonus?

Discover it Cash Back doesn't offer a cash signup bonus.

Does Discover it Cash Back offer an annual loyalty bonus?

Discover it Cash Back doesn't offer a cash loyalty bonus.

What are the Discover it Cash Back benefits?

Discover it Cash Back provides the following benefits:

  • Price Protection
  • No blackout dates when redeeming miles
  • ID Theft Protection
  • Reports to major credit bureaus

What are the relevant APRs for Discover it Cash Back?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Discover it Cash Back has lower than average purchase APRs.

Discover it Cash Back has a variable purchase APR that ranges from 11.99% up to 22.99%. The card has a variable balance transfer APR that ranges from 11.99% up to 22.99%. It also has a variable cash advance APR of 24.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

Does Discover it Cash Back have an introductory APR offer on balance transfers?

Yes, Discover it Cash Back offers an introductory APR rate on balance transfers of 0% for a period of up to 14 months.

Discover it Cash Back Balance Transfers
Description
Balance Transfer APR 11.99% - 22.99%
Balance Transfer Introductory APR 0%
Balance Transfer Intro APR Period (months) 14
Balance Transfer Fee % 3%
Balance Transfer Fee % After Intro Period Starting at 5%
Balance Transfer Fee Intro Period (days) N/A
Balance Transfer Fee Minimum N/A

Does Discover it Cash Back have an introductory APR offer on new purchases?

This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 14 months.

Discover it Cash Back Purchase Intro Offer
Description
Introductory Rate 0%
Purchase Intro APR Period (months) 14

What are the fees for Discover it Cash Back?

The following fees apply to Discover it Cash Back:

Discover it Cash Back Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 0%
Returned Payment Fee up to $40
Late Payment Fee up to $40

Does Discover it Cash Back have a foreign transaction fee?

Discover it Cash Back does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

Does Discover it Cash Back report your account activity to credit bureaus?

Discover it Cash Back reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit.

How to apply for Discover it Cash Back

  • Visit the Discover it Cash Back website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Every Purchase (Points) Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants. 1% back on all other purchases.
Introductory Rate 0%
Purchase Intro APR Period (Variable APR) 14 months
Foreign Currency Transaction Fee 0%
No Annual Fee  
No Foreign Transaction Fee  
Annual Fee $0
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Up to 5%
Minimum Cash Advance Fee ($) Starting at $10
Minimum Interest Charge $0.50
Returned Payment Fee Up to $40
Late Fee Amount Up to $40
Customer Type Personal
Minimum Age 18
Supported Income Types
  • 1099 Misc. Income
  • Cash
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 680 - 850
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Credit Card Benefits
  • Fraud Liability
  • Free Credit Score
  • Identity Theft Protection
  • Price Protection
Bonus Rewards They'll match all of the cash back you've earned at the end of your first year, automatically, with no limit.
No Reward Expiration Period  
No Blackout Dates  
Rewards Rates
  • Amazon Purchases
  • Every Purchase
  • Gas
  • Groceries
  • Restaurants
Rewards Type Cash Back
Cash Advance APR (Variable APR) 24.99%
Balance Computation daily balance (including new transactions)
Penalty APR (Variable APR) 0%
Purchase APR (Variable APR) 11.99% - 22.99%
Balance Transfer Fee % After Intro Period Starting at 5%
Balance Transfer Introductory APR (Variable APR) 0%
Balance Transfer Intro APR Period (Variable APR) 14 months
Balance Transfer APR (Variable APR) 11.99% - 22.99%
Balance Transfer Fee % 3%

Discover it Cash Back Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

+42%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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