How to Apply for the Discover it Cash Back Credit Card Easily
Navigating the world of credit cards can be overwhelming, but securing a card that offers substantial benefits for everyday use makes the journey worthwhile. Enter the Discover it Cash Back Credit Card, a popular choice for savvy spenders in the United States. With its enticing rewards structure, this card allows you to earn 5% cash back in rotating categories each quarter, like groceries or gas stations, making routine purchases more rewarding.
Additionally, there’s no annual fee, which means more savings in your pocket. Whether you’re a first-time applicant or looking to add a new card to your wallet, this guide will walk you through the straightforward application process. You’ll also discover how to maximize the unique rewards offered by Discover, helping you make the most out of your financial decisions. Ready to turn your spending into savings? Let’s explore how you can seamlessly apply for this rewarding credit card.
Key Benefits of the Discover it Cash Back Card
1. Introductory 0% APR
One of the standout features of the Discover it Cash Back card is its introductory 0% APR on purchases and balance transfers for the first 15 months. This benefit provides a financial cushion for new cardholders, allowing them to make significant purchases or transfer high-interest balances without the immediate pressure of interest charges. To make the most of this offer, plan your high-value and essential purchases within this period. Keep in mind that after this period, the variable APR will apply, so it’s wise to pay off the balance before the intro rate ends.
2. Cashback on Every Purchase
The Discover it Cash Back card rewards you with a 1% cash back on all purchases, and a whopping 5% cash back on rotating quarterly categories such as groceries, gas stations, restaurants, or Amazon.com purchases, up to a quarterly maximum each time you activate. To optimize your savings, ensure you activate each quarter’s bonus categories and plan your spending around them where possible. It’s an excellent way to earn rewards on what you spend the most on.
3. Cashback Match for New Cardholders
Discover offers a unique Cashback Match feature exclusively for new cardholders, which matches all the cash back you’ve earned at the end of your first year with no limits. Imagine earning $200 in cash back during your first year and having Discover double it to $400. To maximize this benefit, use your card for various expenses within your budget, ensuring you earn substantial cash back throughout the year.
4. Fee-Free Benefits
The Discover it Cash Back card is structured to minimize fees, as it has no annual fee, no foreign transaction fee, and no penalty APR. These savings allow you to keep more of your money in your pocket. For those who travel abroad, the lack of foreign transaction fees is particularly beneficial; use your card internationally without worrying about additional costs.
SEE HOW TO GET YOUR DISCOVER IT CASH BACK
| Category | Features/Benefits |
|---|---|
| Cash Back Rewards | Earn 5% cash back on rotating categories each quarter. |
| No Annual Fee | Enjoy having no annual fee to maximize your rewards. |
| Introductory Offer | Receive 5% cash back on your first $1,500 spent in combined purchases in bonus categories. |
| Flexible Redemption | Redeem your cash back as a statement credit, direct deposit, or gift card options. |
The Discover it Cash Back card is an attractive option for those who want to maximize their spending rewards. With its impressive cash back earning potential, no annual fee, and flexibility in redeeming rewards, this card is suitable for various spending habits. The appealing introductory offer makes it even more enticing for new cardholders, encouraging them to explore the unique categories each quarter and take full advantage of their rewards. This card not only offers savings but also enhances the overall customer experience through its user-friendly features.
Requirements for Discover it Cash Back Credit Card
- Credit Score: To apply for the Discover it Cash Back credit card, you generally need a good to excellent credit score. This typically means having a score of at least 670 or higher. A higher score increases your chances of approval and possibly securing better terms.
- Age Requirement: Applicants must be at least 18 years old. If you are below 21, you may need to provide proof of independence, such as income documents.
- Minimum Income: While Discover does not publicly disclose a specific income requirement, you should have a steady income source to demonstrate your ability to repay any credit used. Being able to provide proof of income can strengthen your application.
- U.S. Citizenship or Residency: You must be a U.S. citizen or a permanent resident to apply for this credit card. You will be required to provide a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).
- Documentation from Financial Institutions: Have your bank account details and other financial institution information ready. These details help assess your financial stability and ability to pay back credit.
- Contact Information: Ensure you can provide accurate and up-to-date contact information, including your address, phone number, and email, as this will be necessary for both application and account servicing purposes.
GET YOUR DISCOVER IT CASH BACK THROUGH THE WEBSITE
How to Apply for the Discover it Cash Back Credit Card
Step 1: Access the Discover Official Website
Begin your application journey by visiting the official Discover website. This is the digital home for all their offerings, including the Discover it Cash Back credit card. Ensure that you’re navigating to the official site to protect your personal information from potential scams. The official URL should be www.discover.com.
Step 2: Select the Discover it Cash Back Card
Once on the Discover website, navigate to the credit card section. Look for the Discover it Cash Back card among the various credit card options. Click on the card to learn more about its features, like the 5% cashback on rotating categories. Take your time to understand the card’s benefits to ensure it meets your financial needs.
Step 3: Start Your Application
When you’re ready, click on the option to apply for the Discover it Cash Back credit card. You’ll be guided to an electronic application form. Fill in your details, ensuring accuracy, as this will be crucial for approval. Typical details required include personal information, income details, and your Social Security number.
Step 4: Submit Your Application
After filling in all the necessary information, review your application for any errors or omissions. Once satisfied, click the submit button. Submitting your application triggers a credit check, which is a part of the approval process. Be prepared for this to momentarily impact your credit score.
Step 5: Await Approval
After submission, you will need to wait for Discover to process your application. This can take a few minutes online or a few days if any additional information is needed. Keep an eye on your email or log into your Discover account to check your application’s status. Approval means you’ll soon have the card in your possession to start enjoying its benefits.
VISIT THE WEBSITE TO LEARN MORE
Frequently Asked Questions about the Discover it Cash Back Credit Card
What is the primary benefit of the Discover it Cash Back card?
The Discover it Cash Back card offers a unique rewards program where you can earn 5% cash back on everyday purchases at different places each quarter, such as grocery stores, restaurants, gas stations, or online retailers, up to the quarterly maximum each time you activate. Additionally, you earn 1% cash back on all other purchases automatically, making it a versatile option for various shopping needs.
How does the Cashback Match feature work?
Discover offers a Cashback Match program, which matches all the cash back you’ve earned at the end of your first year. This means if you earn $200 in cash back during your first year, Discover will match it, bringing your total to $400. This is a great feature for new cardholders, allowing you to effectively double your rewards without extra effort.
Are there any annual fees associated with the Discover it Cash Back card?
No, there are no annual fees for the Discover it Cash Back card. This makes it an attractive option for those looking to maximize rewards without incurring extra costs. You can enjoy all the benefits of the card, such as cash back rewards and other features, while keeping your expenses low.
Is there a introductory APR offer for the Discover it Cash Back card?
Yes, the Discover it Cash Back card provides a 0% introductory APR for 15 months on both purchases and balance transfers, after which a variable APR applies, currently at 16.24% – 27.24%. This makes it a good choice if you’re planning to make a large purchase or consolidate existing debts, as it gives you a period to pay off balances with no interest.
How can I redeem the cash back rewards earned?
You have several flexible options for redeeming your cash back rewards. You can choose to receive cash via direct deposit, apply it directly as a statement credit, use it for gift cards, or even to make purchases on Amazon.com. Importantly, there is no minimum redemption amount, allowing you to use your rewards whenever you choose.
