Discover It Cash Back Credit Card Review

If you love rewards and cash back, the Discover It Cash Back Credit Card is the perfect card for you. Maximum rewards for every dollar you spend, this card is jam-packed with perks.

Written by : Updated On: September 6

The basics

Reward Rate:


Different categories


All other spends


5% cash back by quarter:

  • January – March: Grocery stores and gym/fitness club memberships
  • April – June: Gas stations and target
  • July – September: Restaurants and PayPal
  • October – December: and Digital Wallets


5% back up to $1500 in purchases.

Unlimited 1% back on all other purchases

Receive a dollar-for-dollar cash back at the end of your first year. The more you spend, the more you earn, which then gets doubled.


Key Features:

Annual Fee

No annual fee

Intro APR

0% APR for 15 months on purchases and balance transfers

Regular APR

16.99%-27.99% APR based on creditworthiness

Signup Bonus


Cashback match – dollar-for-dollar match of cash back earned through your first year.

Redemption ways


Account credit, bank deposit, charity donation, cashback bonus payment at select merchants.

Our Verdict

The Discover It Card does cash back better than most. You do not have to pick the categories where you save, as Discover has automatically picked them for you. This helps you plan when to make big purchases or which card to use at checkout. There is a spending cap on the 5% back. At $1500 per quarter, that can be easy to reach, so monitor how much you have spent. When you reach that cap, you will want to start using a different card that offers more than 1% back so you get the most benefits.

The card packs a lot in with no annual fee to worry about but you do need good credit to qualify.

Best Suited for:



If there is a new restaurant opening, you are there. You are all about the latest food fusion trend no one has heard of and putting it on the map. You love finding the best new restaurant but also like to go to your old standbys and earning cash back for all. And when you aren’t finding the best new restaurant, you are experimenting with recipes at home, so you also need a good card for reaping the rewards of grocery shopping.


Social Butterfly

You are a person of the people and love to hang out with your friends whether it is a beautiful meal out, attending a sporting event or rocking out at a live concert. If something fun is happening, you want to be there and get rewarded for it.

Hidden perks

A great benefit to this card is that it includes superstores like Target in their rotating categories. Many cash back cards omit places like Target, Walmart, and wholesale stores from earning cash back, so this is a huge plus.

Pair this card with:

Citi® Double Cash Card


For maximum saving potential, pair this card with Citi Double Cash Card. For any purchases that do not fall into a bonus category, use Citi’s flat-rate credit card so you can earn more than 1.5% cash back on those purchases. You will receive 2% cash back—1% when you buy and 1% when your purchases are paid off.

Apply for Citi® Double Cash Card – Cash Back Credit Card

Beyond the basics

Balance Transfer Intro APR

0% APR for 15 months

Cash Advance APR


Foreign Transaction Fees


Loan APR


Late Payment fee

No fee on first late payment— up to$41 thereafter

Penalty APR

No imposed penalty APR on first late payment—balance will accumulate interest at the card’s regular APR thereafter

Credit Score Required


Other Offers

You are never held responsible for unauthorized purchases made on your account.

If you cannot find your card, easily freeze it to prevent new purchases, cash advances, or transfers. If you cannot find it, you get free overnight shipping to replace the card.

Receive an alert if your SSN is found on the dark web.

Track and redeem rewards, view your FICO score, manage your account, and message a representative right from your phone.

Cashback Example

The 5% cash back has a spending cap of $1500, so if you max that out, you will get $75 back each quarter, or $300 per year. If you spent an additional $1000 per quarter outside of the category, you would get another $15 back, or $60 per year. That adds up to $360 back, and Discover will match that amount, totaling a whopping $720 cash back for your first year. That is a lot of money in your pocket, and you do not have to pay an annual fee.

No annual fee5% cash back is limited every quarter
Good for people who want to earn high cash back for everyday purchasesNo travel rewards
Easy online bankingPenalty APR
No foreign transaction feeLow 1% base reward rate

Apply now