Advertiser Disclosure

Discover it® Cash Back

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Rates and Fees

No Annual Fee

Bonus Miles
Cash Back
Recommended Credit
580 - 740+
Current Offer

At the end of your first year as an account holder, Discover will match all the cash back you earned, dollar for dollar. There's no minimum spending or maximum rewards. Plus, you can earn a $200 bonus after you spend $500 on purchases in your first 3 months from account opening.

✅ Check if you're pre-approved or eligible for elevated offers using the CardMatch Tool
Cash Back

At the end of your first year as an account holder, Discover will match all the cash back you earned, dollar for dollar. There's no minimum spending or maximum rewards. Plus, you can earn a $200 bonus after you spend $500 on purchases in your first 3 months from account opening.

Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Daily Drop credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Summary

Why it's great: The Discover it® Cash Back credit card stands as a dynamic and popular option for individuals seeking versatile rewards and a unique approach to cashback earnings. This card offers a rotating quarterly cashback categories program, allowing cardholders to earn higher cashback rates on various spending categories that change every three months. What sets the Discover it® Cash Back card apart is its Cashback Match feature, where Discover matches all the cash back earned during the first year, effectively doubling the rewards earned.

Plus, the card offers a user-friendly mobile app that assists cardholders in tracking their spending, making payments, and managing their accounts seamlessly. With no annual fee and an emphasis on rewards, transparency, and innovative features, the Discover it® Cash Back card appeals to those who value flexibility and the opportunity to earn meaningful cashback rewards across a range of spending categories.

Earning Rewards

  • 5% cash back on everyday purchases at different places each quarter (up to $1,500 in spending when activated) at places like Amazon, grocery stores, restaurants, and gas stations
  • Unlimited 1% cash back on all other purchases.
  • First-year-rewards match
  • 0% intro APR for 15 months on purchases and balance transfers
  • No foreign transaction fee
  • Automatic dollar-for-dollar match of all the cash back you've earned at the end of your first year

Additional Benefits

Foreign Transaction Fee

Rates and Fees

Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Daily Drop credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Also consider

Citi Double Cash® Card

Citi Double Cash® Card

Citi Double Cash® Card

$200
Cash Back
Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of your account opening.
$200
Cash Back
Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of your account opening.
The Citi® Double Cash Card is a cash-back credit card known for its simple yet effective rewards structure. Cardholders can earn cash-back twice—once when making purchases and again when they pay off those purchases. This makes it a valuable choice for those who prefer uncomplicated and rewarding cash-back programs.
✅ Check if you're pre-approved or eligible for elevated offers using the CardMatch Tool

🏆 Best for Capital One Cash Back

Capital One Savor Cash Rewards Credit Card

Capital One Savor Cash Rewards Credit Card

Capital One Savor Cash Rewards Credit Card

🏆 Best for Capital One Cash Back

$200
Cash Back
Earn a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening.
$200
Cash Back
Earn a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening.
The Capital One Savor card is tailored for foodies and entertainment enthusiasts, providing generous cash back on dining and entertainment purchases, making it perfect for those who love dining out and experiencing entertainment.
✅ Check if you're pre-approved or eligible for elevated offers using the CardMatch Tool

Discover it® Cash Back

CURRENT OFFER

Cash Back

At the end of your first year as an account holder, Discover will match all the cash back you earned, dollar for dollar. There's no minimum spending or maximum rewards. Plus, you can earn a $200 bonus after you spend $500 on purchases in your first 3 months from account opening.

✅ Check if you're pre-approved or eligible for elevated offers using the CardMatch Tool
REWARDS RATE
ANNUAL FEE
$0
Our Score
Annual fee (20%)
Welcome Offer (20%)
Point Redemption Value (20%)
Rewards Rates (15%)
Benefits (15%)
Travel Protections (10%)
Our Mission
Rating Methodology

Our Take

Comparable Cards

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Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

Pros & Cons

Pros

  • No annual fee
  • Rotating cashback categories
  • Flexible redemption options
  • Cashback match

Cons

  • Limited international acceptance
  • Quarterly activation required

Rewards Summary

  • 5% cash back on everyday purchases at different places each quarter (up to $1,500 in spending when activated) at places like Amazon, grocery stores, restaurants, and gas stations
  • Unlimited 1% cash back on all other purchases.
  • First-year-rewards match
  • 0% intro APR for 15 months on purchases and balance transfers
  • No foreign transaction fee
  • Automatic dollar-for-dollar match of all the cash back you've earned at the end of your first year

Additional Benefits

Customer Reviews & Redemptions

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The reviews above are not provided or commissioned by the bank advertiser. Customer reviews have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. 

How to make the most of your

Discover it® Cash Back

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Authors

Updated:  
May 12, 2025

Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Daily Drop credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

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