- Sign-Up Bonus
- 3
- Spending Multipliers
- 4
- Credits & Features
- 0
- Fees
- 5
- Application
- 5
- Issuer
- NaN
Summary
- Sign-Up Bonus
- 3
- Spending Multipliers
- 4
- Credits & Features
- 0
- Fees
- 5
- Application
- 5
- Issuer
- NaN
The Discover it Cash Back is a no-annual-fee rewards credit card designed for budget-conscious consumers, students, and everyday spenders who want to maximize cash back without paying upfront costs. This card stands out for its rotating 5% cash back categories (on up to $1,500 in purchases per quarter, then 1%), making it ideal for cardholders who are organized and willing to activate categories each quarter to earn elevated rewards at grocery stores, gas stations, restaurants, and popular retailers. While the $1,500 quarterly cap and 1% base rate on non-bonus spending may limit its value for high spenders or those seeking flat-rate simplicity, the Discover it Cash Back card delivers strong upside for strategic users who align their spending with bonus categories. Additional features like free Social Security number alerts add a layer of identity monitoring, making it especially appealing to younger consumers building credit or anyone looking for extra peace of mind alongside solid cash back rewards.
Pros
Cons
Issuer
Spending Multipliers
Credits & Features
Application
- You are limited to 2 Discover cards
- Consider having at least a credit history for 6 months
- Avoid applying for additional Discover cards for 1 year
Fees
- No Annual Fee
- Up to $41 late fee
- Up to $30 return payment fee
- 17.49% - 26.49% Variable APR
- 28.24% APR for Cash Advance
- $10 or 5% of each cash advance amount (whichever is greater)
- 17.49% - 26.49% APR for Balance Transfer
- 5% of each transfer amount