How to Apply for Discover it Cash Back Credit Card Maximize Rewards
In the world of credit cards, picking one that truly rewards you can be a game-changer for your finances. The Discover it Cash Back Credit Card is a standout option, offering generous cash back rewards to elevate your spending experience. Imagine earning 5% cash back on everyday purchases like groceries, gas, and dining out—these are just a few examples of where this card shines.
Not only that, the Discover it Cash Back Credit Card sweetens the deal with a cash back match at the end of your first year—meaning whatever cash back you earn doubles automatically. Add to this the peace of mind provided by no annual fee, and the value becomes clear.
Applying for this card is a straightforward process, and understanding how to maximize its benefits can greatly enhance your financial strategy. Explore the simple steps to apply and start making the most of these rewards today.
Discover the Benefits of the Discover it Cash Back Card
Earn Cash Back on Every Purchase
The Discover it Cash Back card offers an excellent opportunity to earn cash back on every dollar you spend. With rotating quarterly categories that can earn you up to 5% cash back—and an automatic 1% on everything else—you are rewarded for regular spending. For instance, you can earn significant cash back during a quarter that features grocery stores or gas stations, maximizing your everyday necessities.
Tip: Keep track of the rotating categories and align your spending habits to make the most of the high cash back rates. Simply activate the categories each quarter in your online account or through their app.
Unlimited Cash Back Match at the End of Your First Year
New cardholders receive an unlimited cash back match at the end of their first year, which means that Discover will automatically match all the cash back you’ve accrued in your first year. For instance, if you earned $200 in cash back, Discover will match it, giving you a total of $400.
Tip: Use your card throughout large purchase events, such as holidays or when making big-budget buys, to maximize your cash back match potential.
No Annual Fee
A significant benefit of the Discover it Cash Back card is that it charges no annual fee. This is a great advantage for those who want to maintain access to rewards without the stress of additional yearly costs. You save money that would otherwise go towards fees, allowing you to keep more of your earnings.
Tip: Calculate your annual savings by comparing it with other cards that do charge an annual fee, ensuring you’re getting the best deal for your spending habits.
Introductory 0% APR on Purchases and Balance Transfers
The card offers an introductory 0% APR for 15 months on both purchases and balance transfers. This provides a substantial window to pay off large purchases or consolidate debt without the pressure of accumulated interest. After the introductory period, a standard variable APR applies.
Tip: Plan your finances carefully during the introductory period to make significant dents in any transferred balances or large purchases, leveraging the zero interest to your advantage.
LEARN MORE DETAILS ABOUT DISCOVER IT CASH BACK
| Category | Description |
|---|---|
| Cash Back Rewards | Earn 1% to 5% cash back on purchases, maximizing your rewards on everyday spending. |
| No Annual Fee | Enjoy zero annual fees, making it an excellent choice for budget-conscious consumers. |
Requirements for Discover it Cash Back Card
- Minimum Age Requirement: To apply for the Discover it Cash Back credit card, you need to be at least 18 years old. If you’re under 21, be prepared to show proof of independent income or a co-signer.
- U.S. Citizenship or Residency: The card is only available to U.S. citizens and legal residents. You’ll need a valid Social Security Number to apply.
- Credit Score: A good credit score, typically 670 or higher, is recommended for better approval chances. However, Discover may also consider those with a fair credit score around 640.
- Proof of Income: While there isn’t a strict minimum income requirement, you must demonstrate your ability to pay back what you borrow. This can be done by providing recent pay stubs or income statements.
- Bank Account: Having a verifiable U.S. bank account in your name may be beneficial. It allows for quicker processing of your application and management of your credit card account.
GET YOUR DISCOVER IT CASH BACK THROUGH THE WEBSITE
How to Apply for the Discover it Cash Back Credit Card
Step 1: Visit the Official Discover Website
To get started on applying for the Discover it Cash Back credit card, go to the official Discover website. You can easily find it by typing “Discover it Cash Back” into a search engine and clicking on the official Discover link. Once there, navigate to the credit cards section to find the Discover it Cash Back card details.
Step 2: Review the Card Details and Benefits
Before applying, take some time to understand the benefits and features of the Discover it Cash Back card. This might include cashback rates, introductory APR periods, and any additional perks or fees. This step is crucial as it helps you make an informed decision to ensure this card meets your financial needs.
Step 3: Start Your Application
Once you are ready to proceed, click on the application button. You will be directed to the application form where you need to provide personal information such as your name, address, Social Security number, and details about your income. Make sure to fill out all fields accurately to avoid any delays in processing your application.
Step 4: Submit Your Application
After completing the form, review all information for accuracy one last time. Click the submit button to send your application to Discover for review. You may receive an instant response on your application status, but it can take a few days in some cases, especially if additional details are required.
Step 5: Await Approval
Once your application is submitted, carefully monitor your email for any updates from Discover. If approved, you will receive your Discover it Cash Back card in the mail along with instructions regarding activation and usage. Make sure to review these materials thoroughly to start using your card responsibly.
SIGN UP TO GET YOUR DISCOVER IT CASH BACK
Frequently Asked Questions about the Discover it Cash Back Credit Card
What is the Discover it Cash Back credit card?
The Discover it Cash Back is a credit card designed to reward users for everyday purchases. Cardholders can earn 5% cash back on rotating categories each quarter, such as gas stations, grocery stores, restaurants, or online shopping, up to a quarterly maximum after activation. All other purchases earn 1% cash back automatically, making it a versatile choice for both routine and special expenses.
How does the Cashback Match work?
One of the most attractive features of the Discover it Cash Back card is its Cashback Match. In the first year of opening your account, Discover will automatically match all the cash back you’ve earned at the end of your first year. For instance, if you’ve earned $200 in cash back, Discover will add another $200, giving you a total of $400 in your rewards after the first year. There’s no need to sign up for this offer; the matching is done automatically.
Are there any fees associated with the Discover it Cash Back card?
Another significant advantage of the Discover it Cash Back card is its fee structure. The card comes with no annual fee, which means you won’t have to pay an annual cost to keep your account open. Additionally, there are no foreign transaction fees, making it a great option for international purchases. However, it’s essential to pay your balance on time to avoid paying interest on your purchases and to maintain access to your cash back rewards.
What is the introductory APR offer for new cardholders?
New cardholders can take advantage of an introductory 0% APR on purchases for 14 months from the date of account opening. This means you won’t pay any interest on purchases made during this period, which can be beneficial if you’re planning big purchases. After the introductory period, a standard variable APR will apply, based on your creditworthiness.
How do I redeem the cash back rewards earned?
The Discover it Cash Back card offers flexible options for redeeming your rewards. You can redeem your cash back at any time, and for any amount, as a statement credit, direct deposit, or use it for purchases at select online retailers. Additionally, you can donate your cash back to selected charities or use it directly for Amazon.com purchases, giving you versatile ways to use your rewards.
