Discover It Cash Back stands out as an appealing option in the realm of credit cards, with 1% cash back on transactions and five percent on rotating specific categories.
- READ THE FULL REVIEW: Enjoy the Discover it Cash Back
If you want to learn how to apply for this credit card, keep reading.
One percent cash back on transactions and more features
Before starting to learn how to apply, it is crucial to understand the critical features of credit cards.
The Discover It Cash Back is highlighted by a robust rewards program that includes a 5% cash back in categories that change every three months, plus a 1% cash back on all other transactions.
Cardholders have different options to redeem their rewards, such as deposits into any bank account, shopping at Amazon and PayPal, gift vouchers, donating to select charities, and more.
More benefits:
- Introdutory APR: 0% for 15 months on purchases and balance transfers;
- No annual fee;
- Security features, such as free Social Security number alerts and fraud protection.
REVIEW: Know more about the Discover It Cash Back
Discover It Cash Back approval criteria
Each credit card has distinct criteria for acceptance. This card requires lawful age, an exceptional credit history, residence or U.S. citizenship, and income provenance from its candidates.
Age
Candidates must be at least 18 years old to apply. This ensures that applicants have attained the legal age of fiscal liability.
Residential status
You must be a U.S. citizen or permanent inhabitant with a valid social security number for validation.
Credit History
This credit card frequently favors individuals with commendable to exceptional credit. A FICO credit score surpassing 670 is deemed suitable, while scores exceeding 740 are considered excellent.
Furthermore, a robust credit past amplifies your likelihood of acceptance.
Income
Applicants must provide income source information to attest to their ability to reimburse the credit card balance.
Application process step-by-step
Now that you’ve known the key features and the approval criteria of this credit card, it’s time to meet the application process step-by-step.
- Step 1: Navigate the Discover’s official website and click on the “Credit Cards” icon.
- Step 2: Identify the Discover It Cash Back and select the “Apply Now” option.
- Step 3: Provide preliminary information, such as your postal code, date of birth, and last four digits of your social security number.
- Step 4: Give your financial information, including your employment status, total gross income, and email.
- Step 5: Accept the terms and conditions.
- Step 6: Select the “Submit” option.
Approval or Rejection Response
You can immediately apply for and receive approval or declination of a Discover It Cash Back credit card. However, if approved, the delivery of your card via mail may take 7-10 business days.
Bonus Round: Discover It Cash Back vs. Chase Freedom Flex Credit Card
Comparing credit cards before making a choice is crucial due to their significant impact on financial well-being. Each credit card has terms, rewards, fees, and interest rates, which can significantly affect how beneficial or costly it is for the cardholder.
Here is a comparison between Discover It Cash Back and Chase Freedom Flex Credit Card:
| Feature | Discover It Cash Back | Chase Freedom Flex |
| Intro APR | 0% for 15 months on purchases and balance transfers; | 0% intro APR for 15 months from account opening on purchases and balance transfers. |
| Annual fee | $ 0 | % 0 |
| Ongoing APR | Variable rate of 17.24% – 28.24%. | Variable rate of 20.49%-29.24%, |
| Rewards | 5% cash back in rotating categories that change every quarter, plus a 1% cash back on all other transactions. | 5% cash back in rotating bonus categories, 5% back on travel booked through Chase, 3% back on dining, and 3% back on drugstore purchases, plus 1% on all other purchases. |
What to ponder for one percent cash back
Before applying, identify the card that best aligns with your spending habits, financial goals, and lifestyle. Additionally, evaluating factors like annual fees, foreign transaction fees, and rewards programs enables you to make informed decisions that reduce unnecessary expenses.
Apply for the Discover It Cash Back Credit Card by clicking here.
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.