Earn 5% Cash Back in Rotating Categories
Activate each quarter to earn 5% cash back on up to $1,500 in combined eligible purchases
Discover it® Cash Back Card Benefits
Earn 5% cash back in rotating quarterly categories, get an automatic first-year Cashback Match, and pay $0 annual fee
EXPLORE CARD BENEFITS
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How Discover it® Cash Back Rewards Work
The Discover it® Cash Back card combines everyday rewards with a rotating quarterly bonus calendar.
Understanding activation, spending limits and redemption options can help you decide whether the card fits your usual purchases.
- Quarterly activation: activate each quarter’s eligible categories to receive the 5% bonus rate. Categories and merchant exclusions can change.
- Spending limit: the 5% rate applies to up to $1,500 in combined eligible purchases in the activated categories each quarter. Eligible purchases beyond the cap generally earn 1%.
- First-year Cashback Match: new cardmembers receive an automatic dollar-for-dollar match of the cash back earned during the first year, according to the program terms.
- Reward redemption: cash back can be redeemed through available options, which may include statement credits and gift cards.
- Introductory APR: the offer has been advertised as 0% intro APR for 15 months on purchases and balance transfers, followed by a variable APR. Confirm the current APR and fees on the issuer’s offer page before applying.
The card has no annual fee, but interest and transaction fees may apply. Review the current pricing and terms to understand the full cost of carrying a balance or transferring debt.
Your Questions, Answered
Does the Discover it® Cash Back card have an annual fee?
No. The card has a $0 annual fee. Interest or other fees may still apply depending on account activity and the current pricing terms.
How does the 5% cash-back program work?
Cardmembers can earn 5% on eligible purchases in rotating categories each quarter, on up to $1,500 in combined purchases after activation. Eligible purchases outside those categories generally earn 1%.
What is Cashback Match?
Discover automatically matches the cash back earned by new cardmembers during the first year, dollar for dollar, subject to current program terms.
Does the card offer an introductory APR?
The offer has been advertised with a 0% introductory APR for 15 months on purchases and balance transfers, followed by a variable APR. Balance transfer fees apply. Check the issuer’s current terms because offers can change.
Can I redeem cash-back rewards?
Yes. Available redemption options may include statement credits and gift cards, subject to the current rewards program terms.
Is approval guaranteed?
No. The issuer reviews each application according to its eligibility criteria. Meeting general credit guidelines does not guarantee approval, a specific credit limit or a particular APR.
Three Things to Check Before Applying
1. Review the bonus categories. Make sure the rotating categories fit your spending and remember that activation is required each quarter.
2. Compare rewards and costs. Consider the quarterly spending cap, the introductory APR period and any balance transfer fees.
3. Read the current offer terms. Confirm the APR, fees, eligibility requirements and redemption rules before submitting an application.