About Discover it® Cash Back Credit Card
The Discover it® Cash Back Credit Card is a popular cash back rewards credit card that offers a range of benefits for cardholders. Here’s what you need to know about this card:
Rewards:
- The Discover it® Cash Back Credit Card offers 5% cash back on rotating quarterly categories (up to $1,500 in purchases each quarter), such as gas stations, grocery stores, restaurants, and more.
- The card also offers unlimited 1% cash back on all other purchases.
- Discover will match all the cash back you’ve earned at the end of your first year, automatically.
Fees:
- No annual fee.
- No foreign transaction fee.
- No late fee on your first late payment. After that, the fee is up to $40.
Benefits:
- Freeze it®: If you misplace your card, you can freeze your account on the mobile app or website to prevent new purchases, cash advances, or balance transfers.
- Social Security number monitoring: Discover will monitor your Experian credit report for any new accounts or inquiries that may be associated with your Social Security number.
- Free FICO® Credit Score: You can see your FICO® Credit Score for free on your monthly statements, on the mobile app or website.
- $0 Fraud Liability: You won’t be held responsible for unauthorized purchases made with your card.
Other features:
- 0% introductory APR for 14 months on purchases and balance transfers (then a variable APR of 11.99% – 22.99%).
- Discover’s Refer-a-Friend program allows you to earn a statement credit when your referred friend is approved for the card.
Overall, the Discover it® Cash Back Credit Card is a great option for people who want a cash back rewards card with no annual fee and flexible redemption options. With its rotating categories, cardholders can earn a high cash back rate on a variety of different purchases throughout the year.
Why choose Discover it® Cash Back Credit Card
Are you looking for a credit card that rewards you for everyday purchases? Look no further than the Discover it® Cash Back Credit Card! With this card, you’ll earn 5% cash back on rotating quarterly categories (up to $1,500 in purchases each quarter) and unlimited 1% cash back on all other purchases. Plus, Discover will match all the cash back you’ve earned at the end of your first year, automatically.
But that’s not all! The Discover it® Cash Back Credit Card also offers a range of benefits and features that make it stand out from the crowd. With Freeze it®, you can easily freeze your account on the mobile app or website if you misplace your card. Discover also offers social security number monitoring to help prevent identity theft, and you can see your FICO® Credit Score for free on your monthly statements, on the mobile app, or website.
Plus, with no annual fee, no foreign transaction fee, and a $0 fraud liability guarantee, the Discover it® Cash Back Credit Card is a great choice for anyone looking for a hassle-free credit card. And with the 0% introductory APR for 14 months on purchases and balance transfers (then a variable APR of 11.99% – 22.99%), you can enjoy even more savings and flexibility.
So why wait? Apply for the Discover it® Cash Back Credit Card today and start earning cash back on all your purchases!
How to apply for Discover it® Cash Back Credit Card
You can apply for the Discover it® Cash Back Credit Card by following these simple steps:
- Visit the Discover website and find the Discover it® Cash Back Credit Card page.
- Click on the “Apply Now” button to start the application process.
- Fill out the online application form with your personal and financial information, such as your name, address, income, and employment status.
- Read and agree to the terms and conditions of the card, including the APR, fees, and rewards program.
- Submit your application and wait for a decision.
Discover will typically provide an instant decision on your application, but in some cases, they may need more time to review your application. If you are approved, you should receive your card in the mail within 7-10 business days.
What are my approval odds for Discover it® Cash Back Credit Card?
The approval odds for the Discover it® Cash Back Credit Card will depend on a variety of factors, including your credit score, credit history, income, and debt-to-income ratio. Discover requires a minimum credit score of 670 for approval, but even if you meet this requirement, other factors may affect your chances of approval.
If you have a good or excellent credit score (typically 700 or higher), a low debt-to-income ratio, and a stable income, you may have a higher chance of approval for the Discover it® Cash Back Credit Card. However, if you have a poor or fair credit score, a high debt-to-income ratio, or a history of missed payments or defaults, your chances of approval may be lower.
It’s important to note that each credit card issuer has their own underwriting criteria, and your approval odds can vary depending on the issuer. If you’re unsure about your approval odds for the Discover it® Cash Back Credit Card, you can use Discover’s pre-qualification tool on their website to see if you’re likely to be approved before submitting a full application. This tool won’t affect your credit score and will give you an idea of your chances of approval.
FAQs about Discover it® Cash Back Credit Card
Here are some frequently asked questions (FAQs) about the Discover it® Cash Back Credit Card:
- What is the rewards program for the Discover it® Cash Back Credit Card?
The rewards program for the Discover it® Cash Back Credit Card allows you to earn 5% cash back on up to $1,500 in purchases in rotating categories each quarter, and 1% cash back on all other purchases. Discover also offers a Cashback Match program that will match all the cash back you earn at the end of your first year, automatically.
- Is there an annual fee for the Discover it® Cash Back Credit Card?
No, there is no annual fee for the Discover it® Cash Back Credit Card.
- What is the introductory APR for the Discover it® Cash Back Credit Card?
The Discover it® Cash Back Credit Card offers a 0% intro APR for 14 months on purchases and balance transfers. After that, the variable APR will apply.
- Does the Discover it® Cash Back Credit Card offer any additional perks?
Yes, the Discover it® Cash Back Credit Card offers a range of additional perks, including fraud protection, free FICO® credit scores, and 24/7 customer service.
- What credit score do I need to apply for the Discover it® Cash Back Credit Card?
Discover requires a minimum credit score of 670 for approval for the Discover it® Cash Back Credit Card. However, even if you meet this requirement, other factors may affect your chances of approval.
- Is the Discover it® Cash Back Credit Card widely accepted?
Yes, the Discover it® Cash Back Credit Card is widely accepted, with acceptance at millions of merchants in the U.S. and around the world. However, there may be some smaller merchants or businesses that do not accept Discover cards.
