Discover it with Cashback Match

Discover it with Cashback Match Review

This is a credit card issued by Discover Bank. If you're wondering whether Discover it with Cashback Match is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• 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.
• Signup bonus. Offers a signup bonus of $75.
• Competitive APRs. Discover it with Cashback Match 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 card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 5% Balance transfer fee. Discover it with Cashback Match charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

The Good	The Bad
Potentially 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. Discover it with Cashback Match reports to multiple credit bureaus.	Does not offer rewards or cash back. You don't earn rewards on every purchase. Charges a 5% balance transfer fee. After the introductory period, the fee is 5% . Does not include many credit card benefits.

Does Discover it with Cashback Match have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Discover it with Cashback Match benefits?

It provides the following benefits:

• Reports to major credit bureaus

What are the relevant APRs for Discover it with Cashback Match?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Discover it with Cashback Match 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.

What are the fees for Discover it with Cashback Match?

The following fees apply:

Discover it with Cashback Match Fees

Fees	Amount
Annual Fee	$0
Returned Payment Fee	up to $40
Late Payment Fee	up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does Discover it with Cashback Match report your account activity to credit bureaus?

Yes, Discover it with Cashback Match reports your account activity to the following credit reporting agencies:

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

How to apply for Discover it with Cashback Match

• Visit the Discover it with Cashback Match 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.