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

The Discover it Cash Back Credit Card is a smart choice for savvy consumers looking to maximize their rewards on everyday purchases. In today’s financial landscape, credit card benefits play a crucial role in choosing the right card, and this one does not disappoint. With its generous cash back features, users can enjoy 5% cash back on rotating categories throughout the year, such as groceries, dining, and gas stations, after activation. Additionally, the card offers an unlimited 1% cash back on all other purchases.

Another enticing perk is the annual fee, or lack thereof, making it an accessible option for those looking to avoid extra costs. Moreover, as a new cardholder, you can benefit from the introductory APR offer and the Cashback Match program, where Discover matches all the cash back you’ve earned at the end of your first year automatically. This introduction to the card’s features sets the stage for a deeper exploration into how to successfully apply for this rewarding financial tool.

Explore the Benefits of the Discover it Cash Back Credit Card

1. 5% Cash Back on Your Favorite Purchases

One of the standout features of the Discover it Cash Back card is the opportunity to earn 5% cash back on rotating quarterly categories. These categories can include essential spending areas like groceries, gas stations, and even your Amazon.com purchases. To maximize your rewards, be sure to activate these categories each quarter so you don’t miss out on potential cash back earnings that align with your spending habits.

2. Unlimited 1% Cash Back

This card doesn’t just stop at the 5% cash back categories. For all other purchases, you’ll still earn a competitive 1% cash back. This means every dollar you spend on essentials like dining and utilities continues to pay off, ensuring you accumulate rewards on a wide range of transactions.

3. Dollar-for-Dollar Match at Year-End

Perhaps one of the most enticing benefits is the automatic cash back match at the end of your first year as a cardholder. Discover will match all the cash back you’ve earned during the year. For example, if you earned $200 in cash back, Discover doubles it to $400. This is an effortless way to boost your rewards simply by using your card for everyday needs.

4. No Annual Fee or Foreign Transaction Fees

The Discover it Cash Back card is designed to help you keep more of what you earn without being bogged down by fees. There’s no annual fee, meaning you can enjoy all the card’s perks for free. Additionally, with no foreign transaction fees, this card can be a great companion for international travelers, allowing you to make purchases abroad without extra costs.

SEE HOW TO GET YOUR DISCOVER IT CASH BACK

The Discover it Cash Back card not only provides an amazing opportunity to earn rewards but also does so without the burden of an annual fee. By taking advantage of the rotating category structure, you can really amplify your return on spending in specific areas such as restaurants, groceries, and online shopping. Plus, at the end of your first year, the rewards you earn are matched, which is an impressive opportunity for those just starting to explore cash back options. The blend of rewards and cost-efficiency makes it appealing for budget-conscious consumers.

Requirements to Apply for Discover it Cash Back Credit Card

• Good Credit Score: A key requirement for the Discover it Cash Back card is a good to excellent credit score, typically 670 or higher. This ensures that applicants have a solid history of repaying borrowed money, which is evaluated by the issuer.
• Minimum Income: While Discover doesn’t publicly specify a minimum income requirement, having a stable income is crucial to demonstrate the ability to repay credit card debt. It’s a good practice to ensure your income can comfortably cover monthly expenses and potential credit card payments.
• Age Requirement: You must be at least 18 years old to apply for a credit card in the United States. If you’re under 21, you might need to demonstrate independent income or have a co-signer.
• U.S. Citizenship or Residency: You need to be a U.S. citizen or a legal resident with a valid Social Security number. This information is required to verify your identity and credit history.
• Documentation: Be prepared to provide documentation such as a government-issued ID, proof of income, and recent utility bills or bank statements, which can help verify your income and address.

GET YOUR DISCOVER IT CASH BACK THROUGH THE WEBSITE

How to Apply for the Discover it Cash Back Credit Card

Step 1: Visit the Discover Website or Your Local Branch

To begin your application process for the Discover it Cash Back credit card, start by visiting the Discover website. You can do this from the comfort of your home by navigating to the Discover credit cards section or by simply exploring this link for direct access. Alternatively, if you prefer a face-to-face interaction, you can visit your local Discover bank branch to discuss the application with a financial representative.

Step 2: Complete the Online Application Form

Once you’re on the Discover website or at the branch, you’ll need to locate the online application form specifically for the Discover it Cash Back credit card. On the website, click on the “Apply Now” button to begin. Fill out the necessary personal information, such as your full name, address, social security number, and employment details. It’s important to ensure that all information is accurate and up-to-date to avoid any processing delays.

Step 3: Review the Terms and Conditions

Before submitting your application, take the time to carefully review the terms and conditions of the Discover it Cash Back credit card. This includes understanding the interest rates, fees, and the cashback rewards structure. Being informed about these factors will help you manage your credit card effectively and avoid unexpected charges.

Step 4: Submit Your Application

After completing the application form and reviewing the terms, it’s time to submit your application. If applying online, click the “Submit” button. For those at a physical branch, communicate to the representative that you’re ready to proceed. You should receive a confirmation acknowledging the receipt of your application.

Step 5: Await Credit Approval

Once your application is submitted, the next step is to wait for approval. Discover will assess your application, and this might include a credit check. Typically, you’ll receive a decision within a few days. Ensure that you monitor your email for any communication from Discover regarding the status of your application. If approved, your new Discover it Cash Back credit card will be mailed to you, and you can start enjoying the cashback benefits.

SEE HOW TO GET YOUR DISCOVER IT CASH BACK

Discover it Cash Back Frequently Asked Questions

What are the cash back rewards offered by the Discover it Cash Back card?

The Discover it Cash Back card offers a unique and valuable rewards program. Cardholders earn 5% cash back on everyday purchases in rotating categories each quarter, such as gas stations, grocery stores, restaurants, and even on Amazon.com, up to the quarterly maximum each time you activate. Additionally, you earn 1% unlimited cash back on all other purchases automatically. This card is a great way to earn rewards on the spending you already do.

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

No, there is no annual fee for the Discover it Cash Back card. This means you can enjoy the benefits and rewards of the card without having to worry about any yearly financial commitments just to keep the card active.

Does the Discover it Cash Back card offer any introductory offers?

Yes, the Discover it Cash Back card offers an attractive introductory offer. Discover will match all the cash back you’ve earned at the end of your first year, automatically, with their Cashback Match program. This means if you earned $200 in cash back, Discover will match it, making your total earnings $400 for that year.

Are there any foreign transaction fees with the Discover it Cash Back card?

No, there are no foreign transaction fees when using the Discover it Cash Back card internationally. This is an excellent feature for those who travel abroad or make purchases from international websites, as it helps you save on additional costs typically associated with foreign transactions.

How can I redeem my rewards with the Discover it Cash Back card?

Redeeming your rewards with the Discover it Cash Back card is simple and flexible. You can redeem your cash back for a statement credit, a direct deposit into your bank account, or use it to pay at checkout on Amazon.com. Additionally, you can redeem for gift cards or donate to a charity. There is no minimum redemption amount, allowing you to use your rewards when and how you want.

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 our platform. Her goal is to empower readers with practical advice and strategies for financial success.