Review
Discover it® Cash Back Credit Card Review: Great Rewards and Cashback Match
Looking for a no-annual-fee card that rewards you? The Discover it® Cash Back Credit Card offers a high 5% cash back rate on rotating quarterly categories, plus Discover will match all the cash back you've earned at the end of your first year!
| Annual Fee | $0.00 |
| Regular APR | Then x% to x% Standard Variable Purchase APR Cash Advance APR: x% variable |
| Intro APR | x% intro APR for x months on purchases and balance transfers and x% intro Balance Transfer Fee until x. |
| Rewards Rate | 5% Cash Back |
| Sign-up Bonus | Cash back match, first year |
| Other Fees | Minimum interest charge: $.50. Cash advance fee: greater of $10 or 5% of the advance amount. Balance transfer fee: x% Intro fee of the amount transferred; x% fee for future transfers. x% intro Balance Transfer Fee until x. |
Overview
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Generous sign-up bonus
- Cashback on purchases
- Rotating bonus categories
Things to consider
- High regular APR
- Balance transfer fee
Benefits
Drawbacks
Decision Guidance
Summary
The Discover it® Cash Back card is a strong offering, meriting an overall rating of 4.1. Its strengths lie in its excellent rewards program, particularly the 5% rotating categories and first-year cashback match, and its reasonable fee structure with...