Discover it Cash Back

A no-fee card with 5% rotating categories and a first-year Cashback Match that doubles what you earn in year one.

Para quem é

This card suits you if you like rotating bonus categories and want a card with no annual fee. You earn 5% on categories that change each quarter, up to $1,500 in purchases, and 1% on everything else. In your first year, Discover matches all the cash back you've earned. There's also 0% intro APR for 15 months on purchases and balance transfers.

Quem deve evitar

Skip it if you won't activate categories each quarter, since you'd mostly earn 1%. A flat 2% card may be simpler for you. Discover is accepted at most US stores, but acceptance can be thinner in some places abroad, so it shouldn't be your only card when you travel.

Como aproveitar ao máximo

Activate the 5% categories every quarter and use the card for those purchases up to the $1,500 limit. Use a flat-rate card for everything else. Because of the first-year match, the card is most valuable in year one, so it's a good year to use it more. Pay in full each month. If you use the intro APR, divide the balance by 15 and pay at least that each month.

Prós

• 5% on rotating quarterly categories (up to $1,500)
• First-year Cashback Match
• No annual fee
• 0% intro APR for 15 months on purchases and balance transfers

Contras

• You must activate categories every quarter
• 1% on everything else
• Acceptance abroad can be limited

Perguntas frequentes

How does the Discover Cashback Match work?

At the end of your first year, Discover matches all the cash back you earned. Check Discover's page for the current terms.

Is the Discover it Cash Back good for building credit?

It can be if your credit is already fair or good. If you're starting from zero, the Discover it Secured or a student card is easier to get.

Does the Discover it card have an annual fee?

No.

Discover it or Chase Freedom Flex?

Both earn 5% on rotating categories. Discover offers the first-year match; the Freedom Flex earns 3% on dining and drugstores all year.