Review
Discover it® Cash Back Credit Card Review: Maximize Rewards with Rotating Categories and Cashback Match
Looking for a no-annual-fee card that packs a punch? The Discover it® Cash Back Credit Card offers rotating 5% categories and a Cashback Match, effectively doubling your rewards in the first year!
| Annual Fee | $0.00 |
| Sign-up Bonus | Unlimited Cashback Match |
| Rewards Rate | 5% Cash Back |
| Intro APR | Purchase APR: 0% intro rate for 15 months, then 17.49% variable to 26.49% variable. Balance Transfer APR: 0% intro rate for 15 months, then Purchase APR applies. |
| Regular APR | Purchase APR: 17.49% variable to 26.49% variable. Balance Transfer APR: then Purchase APR applies. Cash Advance APR: 28.49% variable. |
| Other Fees | Minimum interest charge: $.50. Cash advance fee: greater of $10 or 5% of the advance amount. Balance transfer fee: 3% Intro fee of the amount transferred; 5% fee for future transfers. |
Overview
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Cashback on purchases
- Generous sign-up bonus
- Fraud protection
Things to consider
- High regular APR
- Limited rewards categories
- Balance transfer fee
Benefits
Drawbacks
Decision Guidance
Summary
The Discover it® Cash Back card is a strong contender in the cash back category, earning an overall rating of 4.1. Its key strengths lie in its generous rewards program, particularly the 5% rotating categories and the unlimited cashback match in the...