Do you find yourself wishing for extra cash each time you spend? If you do, chances are you also want to maximize your finances and save money. Thankfully, a Discover it Cash Back Credit Card can help you with your concerns.
Apart from providing you with a generous cashback offering on different purchases and locations, the Discover it® Cash Back Credit Card also provides cardholders with a wealth of benefits.
From competitive interest rates to introductory offers to no annual fees, this card is a valuable addition to your arsenal. Find out how you can get the cashback offers and how you can apply for this credit card today. Check it out below.
Overview Of The Discover It® Cash Back Credit Card
True to its name, the Discover it® Cash Back Credit Card gives a generous 5% cashback for purchases and spending in different places.
May it be everyday items and necessities at grocery stores or eating at top-tier restaurants, you’re guaranteed to get up to the quarterly maximum amount each time you spend.
Apart from this, Discover it® allows cardholders to earn 5% cashback from April to June 2020 when they avail of ridesharing apps such as Uber and Lyft, get fuel at select gas stations, and avail memberships from wholesale clubs with up to $1,500 in purchases.
For all other purchases that fall outside the 5% coverage, you’ll be rewarded with 1% cashback. As part of its limited offers, new cardmembers will be automatically given an unlimited dollar-for-dollar match for all the savings you have earned.
Your cashback can be redeemed and enjoyed in a variety of ways. From the ability to deposit the amount to your bank account to paying for your statement credit to even buying items from your Amazon and Paypal, the world is your oyster.
Moreover, you get to enjoy low introductory interest rates of 0% on purchases and balance transfers for 14 months. You can access all of these benefits and features without paying an annual fee.
Discover It® Cash Back Credit Card: Application
To avail the Discover it® Cash Back Credit Card, you need to bet at least 18 years of age and have a stable income. This will determine your credit limit as well as the interest rate that will be levied on your card.
In addition, applicants are required to be residents in the United States.
Meanwhile, to apply, all you need to do is click the 'Apply Now' button and fill out an online application form on their website. You need to provide your name, home address, contact details, date of birth, and citizenship status.
Besides the aforementioned details, you also need to disclose your financial information, including your Social Security number, employment details, total gross income, and your monthly housing or rent payment.
If approved, the minimum credit limit is $500.
Discover It® Cash Back Credit Card: Fees And Charges
- Annual Fee – None
- Interest Rate – 0% for 14 months; 11.99% to 22.99% variable APR, 24.99% for cash advances
- Balance Transfer Fee – 5% of the amount
- Cash Advance Fee – $10 or 5% of the amount advanced (whichever is higher)
- Late Payment – up to $40
Discover Bank Information
For more information about the Discover it® Cash Back Credit Card, you may reach the bank at 1-877-587-1605. You may also visit them at 2500 Lake Cook Road, Riverwoods, Illinois 60015.
The Bottom Line
Overall, this credit card is perfect for financially savvy individuals who want the most bang for their buck. With this, you can enjoy low-interest rates and favorable cash returns each time you spend.
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.
