How to Apply for Discover it Cash Back Credit Card Step-by-Step Guide

Unlocking the potential of extra savings is just a step away with the Discover it Cash Back Credit Card. Known for its excellent cash back rewards, this card offers a percentage of cash back on rotating categories every quarter, making it a favorite among savvy spenders.

Enjoy the benefit of no annual fee, which allows you to keep more savings in your pocket. Plus, the card’s unique feature of matching all the cash back earned at the end of your first year without any cap stands out among competitors.

Navigating the application process for this rewarding card might seem daunting. However, with a clear, step-by-step guide, you can smoothly transition from application to enjoying those benefits. Dive into the details to ensure that you’re making the most of what the Discover it Cash Back Credit Card has to offer.

Discover the Benefits of the Discover it Cash Back Credit Card

1. Cashback Rewards

Earn 5% cashback in rotating categories each quarter, such as gas stations, grocery stores, and restaurants, up to the quarterly maximum after activation. All other purchases receive an automatic 1% cashback. This program is designed to maximize your savings by aligning with common spending categories.

2. Cashback Match

Your cashback is doubled at the end of your first year as a cardholder. This exclusive offer, called Cashback Match, allows you to earn on your purchases without any extra effort. It’s a simple, worry-free way to enhance your earnings.

3. No Annual Fee

The Discover it Cash Back card doesn’t charge an annual fee, which can save you a significant amount over time. Compare this with other cards that may charge between $95 and $550 annually, and the savings become even more apparent.

4. Introductory APR Offer

Take advantage of a 0% introductory APR on purchases and balance transfers for the first 15 months. This feature provides the opportunity to make big-ticket purchases or consolidate debt without the immediate stress of interest accumulation.

5. Freeze It® Feature

Security is paramount, and with the Freeze It® feature, you can freeze your account in seconds from either the mobile app or website, preventing new purchases, cash advances, and balance transfers if your card is misplaced.

To maximize these benefits, ensure you activate the quarterly categories, regularly review your financial goals in light of the Cashback Match, and strategically plan large purchases around the introductory APR period.

SEE HOW TO GET YOUR DISCOVER IT CASH BACK

This table highlights some of the key benefits of the “Discover it Cash Back” card, making it an attractive option for those looking to make the most of their spending. The cash back rewards structure is particularly beneficial for savvy shoppers, who can strategically plan their purchases to take full advantage of the enhanced cash back in specific categories. As you explore further, consider how the rotating categories not only provide an opportunity to earn more but also encourage conscious spending habits. Plus, the absence of an annual fee allows you to keep more of what you earn, creating a potentially higher net gain. Understanding the full breadth of the card’s offerings can lead to greater financial success, especially for individuals and families looking to optimize their spending and savings. It’s worth investigating how this card can fit into your overall financial strategy, especially if you’re someone who regularly spends in the rotating bonus categories offered by Discover.

Requirements for Discover it Cash Back Card

• Credit Score: You should have a good to excellent credit score, typically in the range of 670 to 850, to be eligible for the Discover it Cash Back card.
• Age: Applicants must be at least 18 years old. For states where the age of majority is higher, you must meet the legal age requirement.
• Income: A provable source of steady income is crucial. While there isn’t a strictly defined minimum income, you need to demonstrate your ability to handle credit responsibly.
• U.S. Residency: To apply for this credit card, you must be a resident of the United States, which includes having a valid Social Security Number or Individual Taxpayer Identification Number.
• Personal Identification: Prepare necessary documentation including government-issued identification for verification purposes.

SIGN UP TO GET YOUR DISCOVER IT CASH BACK

How to Apply for the Discover it Cash Back Credit Card

Step 1: Navigate to the Official Discover Website

To embark on your journey of earning cash back rewards, the first step is to visit the Discover website. Open your preferred web browser and type in www.discover.com. Once there, head to the credit card section to locate the ‘Discover it Cash Back’ card information. This section will provide you with all the essential details about the benefits, terms, and conditions associated with the card, emphasizing its ability to offer impressive cash back rewards on various purchases.

Step 2: Examine the Eligibility Requirements

Before applying, it’s crucial to ensure you meet the eligibility requirements. Applicants must be at least 18 years old and a resident of the United States. Discover also considers your credit history, so having a fair to excellent credit score can improve your chances of approval. Take a moment to review your credit score and see if it aligns with Discover’s general approval standards.

Step 3: Submit Your Application Online

Once you’ve confirmed your eligibility, click on the application link for the ‘Discover it Cash Back’ card, usually found under the card details. Fill out the application form carefully with accurate personal and financial information. This includes your full name, social security number, address, and employment details. Ensure all information is correct to avoid processing delays or potential application rejection.

Step 4: Await Application Review and Decision

After submitting your application, Discover will review your financial profile, assessing factors such as your credit history and income level. This process may take a few days. If your application meets their criteria, you’ll receive approval promptly, often before their estimated decision timeline. In some cases, Discover may request additional documentation to support your application details.

Step 5: Receive and Activate Your Discover it Cash Back Card

Upon approval, your new credit card will be mailed to you. Once received, activate it through the methods provided, usually through their website or customer service phone line. Activation ensures you are ready to start earning cash back on your purchases, enjoying both the financial perks and convenience this card offers.

SIGN UP TO GET YOUR DISCOVER IT CASH BACK

Frequently Asked Questions About Discover it Cash Back

What are the main benefits of the Discover it Cash Back card?

The Discover it Cash Back card offers a range of enticing benefits for its users. Among the most notable is its 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations, up to the quarterly maximum each time you activate. Additionally, you receive unlimited 1% cash back on all other purchases. Another remarkable feature is that Discover automatically matches all the cash back you’ve earned at the end of your first year, making it a lucrative option for those looking to maximize rewards.

Is there an annual fee for the Discover it Cash Back card?

No, one of the remarkable features of the Discover it Cash Back card is that it comes with no annual fee. This aspect makes it an attractive option for individuals seeking to get the most out of their credit card without the burden of yearly charges, allowing users to enjoy their rewards without this additional cost.

How does the card’s cash back rewards program work?

The cash back rewards program of the Discover it Cash Back card is both flexible and rewarding. Cardholders can earn 5% cash back on rotating categories each quarter upon activation, such as restaurants, grocery stores, and even online retailers like Amazon, up to the quarterly limit. Aside from the rotating categories, you earn a consistent 1% cash back on all other purchases, making every purchase rewarding.

What is the introductory APR offer for this card?

This card offers a competitive introductory APR—enjoy a 0% intro APR for 15 months on both purchases and balance transfers. After that, the APR will range from 16.24% to 27.24% variable. This introductory offer provides a significant period where cardholders can pay off purchases or consolidate debt without the added pressure of interest, an enticing prospect for savvy financial planners.

Are there any additional benefits that come with the Discover it Cash Back card?

Beyond the attractive cash back program, the Discover it Cash Back card comes loaded with additional benefits that savvy consumers will appreciate. It includes a free FICO® Credit Score monitoring, the option to freeze your account in seconds using the Freeze it® on/off switch on the mobile app to prevent new purchases, cash advances, and balance transfers. Additionally, Discover’s 100% U.S.-based customer service and a robust fraud protection system make it a dependable choice for many.

Linda Carter

Linda Carter is a writer and financial expert specializing in personal finance and financial planning. With extensive experience helping individuals achieve financial stability and make informed decisions, Linda shares her knowledge on the our platform. Her goal is to empower readers with practical advice and strategies for financial success.