If you want to spend and earn at the same time, you might want to give the Discover it Cash Back Credit Card a go. With the Discover it card you can earn cash back rewards on every dollar you spend. And you don’t have to pay interest for the first 14 months of use.
Before you decide on a credit card, you should figure out what your needs are. If you know you are going to be paying late, the interest is super important. If you know you spend a lot and pay on time, then maybe rewards are more important to you. There are numerous credit card options out there, make sure you choose one that fits your lifestyle.
We really like the Discover It Credit Card for its cash back rewards program. It also has several other optimal features. Let’s get into them so you can figure out if this is the next card that’s going to find a home in your wallet.
What are the benefits of a Discover it Cash Back Credit Card
Discover provides a wide range of credit card armed to fit any lifestyle. As a matter of fact, this company is more than just a card issuer. To help you better understand the plethora of advantages that come with this card, let’s take a closer look at the Discover it Cash Back Credit Card.
Remaining true to its name, this Cash Back Credit Card is your a good choice when it comes to saving your hard-earned money. For one, it allows you to earn 5% cash back when you purchase or make transactions from different partner merchants. These include gas stations, grocery stores, restaurants, and even Amazon!
Even better, you will gain access to unlimited and automatic 1% cash back on all other purchases! This means getting an unlimited dollar-for-dollar match for all the points you’ve earned at the end of your first year!
You can redeem these cash back points and bonuses at partner merchants. You can choose from gift cards, instant eCertificates, helpful donations to charities, credited to your accounts, and many more! With this card, the world is at your fingers.
What are the Fees of a Discover it Cash Back Credit Card
To enjoy the continued benefits of this credit card, there are some fees and charges you need to stay on top of. One perk you can get from this is that there are absolutely NO annual fees for life.
Some of the fees you need to remember include the 0% introductory APR for 14 months which will be reverted to 13.99% to 24.99% APR afterwards and the 3% fee for each balance transfer. You also need to pay a cash advance fee of 5% or $10 of the amount used (whichever is greater) and a late payment charge of up to $37.
In the end, you can see that the Discover it Cash Back Credit Card is a good fit for those who love getting rewards for the money they spend. It’s also great if you don’t want to spend that extra money on fees. But just remember that after the 14 months are up you will need be paying a rate of interest that is dependent on your credit score.
Annual Fee: $0
Interest: 0% for first 14 months and then 13.99% to 24.99%
Cash Advance: 5% or a minimum $10
Late Fee: $37
How to Apply for Discover it Cash Back Credit Card
Requesting your own Discover it Cash Back Credit Card has become more convenient. With an application form available online, you can easily fill these out from the comforts of your own home. Apply now here!
To be eligible, you need to be at least 18 years old with a verifiable source of independent income. You must also have little to no existing debt and have a good credit score.
If approved, you will be given a credit limit based on your creditworthiness. This can range from $500 to $5,000 depending on your financial standing.
How to Contact Discover It
2500 Lake Cook Rd
Riverwoods, IL 60015
Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.