Discover it Cash Back Optimization: Earn More, Spend Less
The Discover it Cash Back from Discover is one of the most competitive credit cards in the cash back cards category. With a rating of 8/10, it offers no annual fee and impressive rewards including 5% rotating categories (up to $1,500/quarter).
In this comprehensive review, we break down everything you need to know about the Discover it Cash Back: rewards structure, fees, APR, welcome bonus, and how it compares to competitors. Whether you are looking for your first rewards card or adding to your wallet, this guide covers it all.
Discover it Cash Back Overview
The Discover it Cash Back is issued by Discover and is designed for consumers with Good-Excellent (670+). It carries a rating of 8/10 from our experts. For those with good to excellent credit, this card can be a valuable addition to your wallet.
| Feature | Details |
|---|---|
| Issuer | Discover |
| Annual Fee | $0 |
| Intro APR | 0% for 15 months |
| Regular APR | 17.24% - 27.24% Variable |
| Rewards | 5% rotating categories (up to $1,500/quarter) |
| Welcome Bonus | Unlimited Cashback Match for first year |
| Credit Score | Good-Excellent (670+) |
| Foreign Tx Fee | 3% |
Rewards & Benefits Breakdown
The Discover it Cash Back earns 5% rotating categories (up to $1,500/quarter). Here is the detailed breakdown of earning rates:
| Category | Reward Rate |
|---|---|
| All Purchases | 5% rotating categories (up to $1,500/quarter) |
| Welcome Bonus | Unlimited Cashback Match for first year |
| Intro APR | 0% for 15 months |
| Credit Score | Good-Excellent (670+) |
Since this card has no annual fee, you can keep it forever without cost. Use it for everyday purchases to maximize value.
Fees & APR Analysis
| Fee Type | Amount |
|---|---|
| Annual Fee | $0 |
| Purchase APR | 17.24% - 27.24% Variable |
| Balance Transfer APR | 0% for 15 months then 17.24% - 27.24% Variable |
| Foreign Transaction Fee | 3% |
Discover it Cash Back vs Competitors
See how Discover it Cash Back stacks up against similar cards.
| Card | Fee | Rewards | Bonus | Rating |
|---|---|---|---|---|
| PNC Cash Rewards | $0 | 4% gas, 3% dining, 2% grocery, 1% else | $200 after $1,000 in first 3 months | 7/10 |
| PenFed Power Cash Rewards | $0 | 2% unlimited, 1.5% without direct deposit | $100 after $1,500 in first 3 months | 7/10 |
| Citi Double Cash | $0 | 2% (1% when you buy + 1% when you pay) | $200 cash back after $1,500 in purcha... | 9/10 |
| Bank of America Unlimited Cash | $0 | 1.5% unlimited, 75% more for Preferred Rewards | $200 after $1,000 in first 90 days | 7/10 |
| Costco Anywhere Visa | $0 | 4% gas (up to $7K), 3% dining/travel, 2% Costco... | N/A | 8/10 |
Pros & Cons
✅ Pros
- Competitive rewards rate: 5% rotating categories (up to $1,500/quarter)
- Welcome bonus: Unlimited Cashback Match for first year
- No annual fee
- Generous intro APR: 0% for 15 months
- Issued by reputable Discover
❌ Cons
- Foreign transaction fee of 3%
The Discover it Cash Back is best for consumers who want a simple, no-fee card with solid rewards. If you have Good-Excellent (670+) credit and spend $1741/month on average, this card could earn you significant value.
How to Apply for Discover it Cash Back
Applying for the Discover it Cash Back is straightforward. Here is the step-by-step process:
- 1
Check Your Credit Score
Before applying, check your credit score. You need Good-Excellent (670+) for the best approval odds.
- 2
Compare Your Options
Compare the Discover it Cash Back with similar cards from other issuers to ensure it is the right fit.
- 3
Gather Required Information
You will need your Social Security number, income information, and address to apply.
- 4
Complete the Online Application
Visit Discover.com or the Discover mobile app. The application takes about 5-10 minutes.
- 5
Await Approval Decision
Most applicants receive an instant decision. If approved, your card will arrive in 7-10 business days.
Frequently Asked Questions
You need Good-Excellent (670+) credit to be approved for the Discover it Cash Back. Approval is not guaranteed and depends on your overall credit profile.
Yes, with no annual fee, this card is worth keeping in your wallet indefinitely.
The purchase APR is 17.24% - 27.24% Variable. There is an introductory APR of 0% for 15 months.
Yes, there is a 3% foreign transaction fee.
Rewards can be redeemed through your Discover online account. Options typically include statement credits, gift cards, travel bookings, and direct deposits.
Conclusion
The Discover it Cash Back is a solid choice in the cash back cards category. With no annual fee and competitive rewards, it offers good value for the right consumer.
We recommend this card for anyone with Good-Excellent (670+) credit looking for cash back on their everyday spending. Compare it with other cards in our list to find the best fit for your wallet.
The Discover it Cash Back earns 5% rotating categories (up to $1,500/quarter). With a rating of 8/10, it is one of the better options in the cash back cards space. Recommended for consumers with Good-Excellent (670+) credit.