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

The Discover it Cash Back card offers 5% cashback on rotating categories and 1% on other purchases, with no annual fee. Enjoy a first-year Cashback Match, a 0% introductory APR for 14 months, and robust security features, making it a valuable option for savvy spenders.

Por: Beatriz em January 30, 2025

Benefits of the Discover it Cash Back Card

1. Cashback Rewards Program

The Discover it Cash Back card offers a robust cashback rewards program. Users earn 5% cashback on rotating categories each quarter, such as groceries, gas stations, restaurants, and online shopping, up to the quarterly maximum after activation. Additionally, you receive an unlimited 1% cashback on all other purchases. To maximize earnings, keep track of the categories each quarter and adjust spending habits to utilize these enhanced cashback options.

2. No Annual Fee

This credit card carries no annual fee, which means cardholders can benefit from the rewards program without incurring extra costs. Over time, this can significantly enhance the value of the card, particularly for those who pay their balance in full each month to avoid interest charges.

3. Cashback Match at the End of the First Year

One unique benefit of the Discover it Cash Back card is the Cashback Match. At the end of your first year, Discover matches all the cashback you’ve earned during that year. This effectively doubles your cashback rewards for the first year, making it highly advantageous for users who strategically utilize the card within that timeframe.

4. Introductory APR Offer

Discover it Cash Back cardholders enjoy a 0% introductory annual percentage rate (APR) on purchases and balance transfers for the initial 14 months. This benefit is particularly useful for those looking to make a large purchase or consolidate existing debt. To leverage this offer, plan significant expenses during the introductory period and aim to pay off the balance before the standard APR takes effect.

5. Comprehensive Security Features

The card includes a suite of security features designed to protect your financial information. From suspicious activity alerts to zero liability protection on unauthorized charges, Discover has you covered. To further safeguard your account, opt into free Social Security number alerts and activate mobile notifications for real-time updates.

CLICK HERE TO GET YOUR DISCOVER IT CASH BACK

Requirements for the Discover it Cash Back Credit Card

Minimum Age: Applicants must be at least 18 years old. This is a standard legal requirement for credit card eligibility in the United States.
Credit Score: A good to excellent credit score is typically required, generally starting at 670. This helps to determine the creditworthiness of the applicant and the potential rewards eligibility.
Income: While there is no strict minimum income requirement specified, applicants should demonstrate a reliable source of income. This assures the issuer of the applicant’s ability to manage and repay credit card debt.
U.S. Citizenship or Residency: To apply for the Discover it Cash Back card, an applicant must be a U.S. citizen, a permanent resident, or have a valid long-term U.S. visa.
Social Security Number: A valid Social Security Number is required for identity verification and credit history access.
Mailing Address: Applicants need to provide a valid U.S. mailing address where they can receive the credit card and any relevant correspondence.

How to Apply for the Discover it Cash Back Credit Card

Step 1: Visit the Discover Website

Begin the application process by visiting the official Discover website. You can access it through your web browser by entering the URL www.discover.com. Once on the homepage, navigate to the credit cards section, and locate the Discover it Cash Back credit card among the available options.

Step 2: Review Card Details and Terms

Before proceeding with the application, it is crucial to thoroughly review the card’s details and terms. This includes understanding the card’s cash back rewards structure, annual percentage rates (APR), fees, and other relevant terms. Make sure the benefits align with your financial goals and payment habits. If you find the card suitable, proceed to start your application.

Step 3: Fill Out the Application Form

Click on the “Apply Now” button for the Discover it Cash Back card. You will be redirected to an online application form, where you will need to provide personal information such as your full name, address, Social Security number, and income details. Ensure that all information is accurate and complete to avoid any processing delays.

Step 4: Submit Your Application

After filling out the form, review your details once more to ensure everything is correct. Then, click the submit button to send your application. Discover will conduct a credit check and assess your eligibility based on the information provided. This assessment is typically quick and you may receive a decision within minutes.

Step 5: Receive Approval Decision

Once your application is reviewed, you will receive an email or notification informing you of the approval decision. If approved, your new Discover it Cash Back credit card will be mailed to you, typically arriving within 5-7 business days. Follow any further instructions provided to activate and start using your card.

Frequently Asked Questions about Discover it Cash Back Credit Card

What are the key benefits of the Discover it Cash Back credit card?

The Discover it Cash Back credit card offers several noteworthy benefits. Cardholders can earn 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 when they activate. Additionally, all other purchases earn an unlimited 1% cash back. This card also features an introductory 0% APR on purchases and balance transfers for the first 14 months, transitioning to a variable APR of 17.49% to 26.49% thereafter.

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

One of the attractive features of the Discover it Cash Back credit card is that there is no annual fee. This can represent significant savings compared to other cards that may charge fees upwards of $100 or more each year.

How does the cash back redemption process work?

Cash back can be redeemed in several flexible ways. Cardholders can opt to redeem their cash back as a statement credit, a deposit into an eligible bank account, or for gift cards. Additionally, Discover allows redemption for purchases on Amazon.com or when paying with PayPal. A distinctive feature of the Discover it Cash Back card is the ability to redeem any amount of cash back at any time.

Does Discover it Cash Back offer any first-year rewards?

Yes, Discover provides an exceptional first-year reward through the Cashback Match program. At the end of your first year as a cardholder, Discover will automatically match all the cash back you’ve earned. For example, if you’ve earned $200 in cash back during your first year, Discover will match it, giving you a total of $400.

What credit score is recommended for applying for the Discover it Cash Back credit card?

It is generally recommended that applicants have a good to excellent credit score to increase their chances of approval for the Discover it Cash Back credit card. This typically means a FICO score of 670 and above. Having a higher credit score can also help in securing more favorable terms.

Beatriz

Beatriz Johnson is a seasoned financial analyst and writer with a passion for simplifying the complexities of economics and finance. With over a decade of experience in the industry, she specializes in topics like personal finance, investment strategies, and global economic trends. Through her work on Father Company, Beatriz empowers readers to make informed financial decisions and stay ahead in the ever-changing economic landscape.