This credit card has one percent cashback on transactions plus 5% on purchases in specific categories, such as gas stations, grocery stores, and more. If you love earning rewards while spending, you must meet the Discover It Cash Back. Keep reading to learn more!
- READ MORE REVIEWS: A guide to applying for the Discover It Balance Transfer – credit card with ZERO balance transfer
Furthermore, this credit card comes with appealing interest and fee offers, such as an introductory 0% APR period and no annual fee.
In this article, you’ll get a detailed review of the Discover It Cash Back features. Keep reading!
Credit card one percent cash back on transactions
The Discover It Cash Back emerges as an extraordinary choice for individuals seeking to enhance their rewards on everyday transactions and spending. This credit card provides a 5% cash back in rotating categories that change every quarter, plus a 1% cash back on all other transactions.
Rotating categories and redemption options
If you activate and spend up to $ 1.500 on the rotating categories each quarter during a year, you’ll earn $ 300.
In addition to the robust cash back program, Discover It Cash Back offers several redemption options:
- Deposits into any bank account.
- Statement credits on your credit card.
- Contributions to select charities.
- Shopping at Amazon and through PayPal.
- Gift vouchers and certificates.
Introductory offer and APR
To the new cardholders, Discover It Cash Back will match all the cash back accumulated by the conclusion of the initial year, with no obligatory spending or peak rewards.
New cardholders also save on APR spending. The card furnishes a 0% initial Annual Percentage Rate (APR) for 15 months on acquisitions and eligible balance transfers. Subsequently, this credit card has an ongoing APR variable rate of 17.24% – 28.24%.
More Discover It Cash Back features:
No annual fee;
Online privacy protection;
Free Social Security number alerts;
Fraud protection: You’re never responsible for unauthorized purchases on your credit card.
What to ponder before choosing the Discover It Cash Back
The Discover It Cash Back advantages are very appealing, but it is essential to know about some information and consider if it works for you.
One of the attributes of this credit card to keep an eye on is the rotating cashback categories that alternate every three months. Discover announces the subsequent category a few days before the change.
In addition to the rotating categories, the cardholder must activate their 5% bonus cash back every quarter. Without activation, the customer earns 1% cash back on all purchases.
This criterion may be a disadvantage, particularly for those with a busy routine who need help to check the activation process each quarter.
A little effort for hefty rewards
Despite the bureaucracy regarding rotating categories, going through the activation process every three months is worthwhile when analyzing the rewards program.
READ MORE REVIEWS: A guide to applying for the Discover It Balance Transfer – credit card with ZERO balance transfer
Moreover, cardholders have many benefits, including the intro offer, intro APR period, no annual fee, and security features.
If you desire to apply for a Cash Back credit card, click here and learn about the submission process.Â
–
Disclaimer:
This content is not intended to be financial advice. Please consult a financial professional for guidance on your specific situation.
The rates and terms of the card are subject to change. Please refer to the credit card company.