Discover It Cash Back – How to apply

By Marcos • 11/28/2024

The Discover It credit card Cash Back is widely recognized as an excellent choice for those looking for a credit card full of benefits, including generous cashback in very accessible rotating categories.

Its intuitive interface and robust support combine convenience and value, providing greater comfort to its users.

And pFor consumers who frequently use the card in rotating categories, such as supermarkets, gas stations and online purchases, the card stands out as one of the most advantageous options on the market.

How does the Discover It Cashback work?

The functioning of the Discover It Cash Back It’s simple but offers a very attractive rewards structure. It is designed for consumers who want to maximize their earnings through cashback in specific categories. 

Each quarter, the card defines promotional categories, such as purchases in supermarkets, gasoline or restaurants, which guarantee a 5% cash return for consumers. 

This functionality requires activation, which offers flexibility, but also requires attention to take advantage of promotions.

In addition to the rotating categories, the card guarantees 1% cashback on all purchases outside these specific areas, allowing cardholders to continue accumulating rewards with each use. 

Main benefits of Discover It Credit Card Cash Back

THE Discover It credit card Cash Back offers benefits that go beyond simple cashback. Its flexible and inclusive structure is ideal for those who want to maximize the value of their daily transactions. 

Among its main differences, the 5% cashback on rotating categories offers a significant opportunity for financial return, especially for consumers who plan their purchases with attention to quarterly promotions. 

And with the $0 Fraud Liability Guarantee. This policy protects against unauthorized purchases, ensuring that you will not be held financially responsible for fraudulent transactions made with your card. 

Another positive point is the absence of an annual fee. This benefit eliminates additional costs and allows the user to take advantage of the card’s features without extra financial worries. 

Last and not least, the program Cashback Match in the first year provides a unique incentive for new users. 

By doubling the cashback accumulated during the first 12 months, Discover It offers an excellent initial return, making it one of the most attractive options for those just starting out or looking for a card with immediate benefits.

Cons of Discover It Credit Card 

One point that can generate dissatisfaction is the rotating category system. The need to activate quarterly categories requires the user to always be aware of changes, which can be inconvenient. 

Furthermore, if the selected categories are not relevant to a person’s consumption style, the benefit of 5% cashback may become less attractive.

Another factor to consider is that while cashback outside of promotional categories is a benefit, the 1% rate may be lower than other cards that offer more competitive fixed cashback. 

APR and Fees

The card offers a 0% introductory APR for 15 months from account opening, providing a significant period to make purchases without accruing interest. 

After the promotional period ends, the APR varies between 18.74% and 27.74%, depending on the holder’s credit analysis, and adjusts with the market, following the Prime Rate. 

Furthermore, the APR for balance transfers follows the same structure, with 0% for 15 months for transfers made until February 2025. After this period, the rate also varies between 18.74% and 27.74%. 

For cash advances, the APR is 29.74%, a considerably higher rate. 

This difference highlights the need for financial planning, making the card more advantageous when used for purchases and transfers within promotional periods.

How to apply for the Discover It Credit Card

Request the Discover It credit card It’s a simple, straightforward process designed to make card access easier. The first step is to access the official Discover website and fill out the online request form. 

This form requires basic information, such as personal data, income and credit history. The platform is safe and intuitive, allowing the process to be completed quickly.

After submitting the request, Discover performs a detailed analysis of the applicant’s financial profile. This procedure includes a credit check and other factors that determine eligibility. 

Returns are usually quick, usually within a few days, and, if approved, the card is sent directly to the registered address.

To maximize your chances of approval, it is important to ensure that the details you provided are correct and that your credit history is in good condition. 

Discover also offers customer support to help you through the process if you have any questions or difficulties.