Discover it with Cashback Match

Discover it with Cashback Match Review

This is a cashback credit card issued by Discover Bank. If you're wondering whether Discover it with Cashback Match is the right card for you, read on.

Key Takeaways

• 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 up to $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 cashback card. It gives you cashback on your eligible purchases, 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.

Pros & Cons of Discover it with Cashback Match

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. There is then a variable purchase APR that ranges from 11.99% up to 22.99%. No annual fee. Free access to your credit score. Cardholders can earn rewards on their purchases. Discover it with Cashback Match reports to multiple credit bureaus.

Charges a 5% balance transfer fee. After the introductory period, the fee is 5% . Does not include many credit card benefits.

Discover it with Cashback Match FAQ

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

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash.

Discover it with Cashback Match Rewards

Minimum rewards rate	1x
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	Starting at $75

What are the Discover it with Cashback Match benefits?

It provides the following benefits:

• Free Credit Score
• Zero fraud liability
• 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 cashback 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:

• 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 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.