Apply for Discover it Cash Back Credit Card Step-by-Step Guide
Looking for a credit card that rewards you generously? The Discover it Cash Back Credit Card could be your perfect match. With this card, you earn 5% cash back on everyday purchases in rotating categories throughout the year—think places like grocery stores, gas stations, and restaurants—up to the quarterly maximum when you activate.
Imagine earning back a percentage of your spending just by making regular purchases. Additionally, you’ll enjoy 1% unlimited cash back on all other purchases. Plus, as a new cardholder, Discover matches all the cash back you’ve earned at the end of your first year, doubling your rewards without any extra effort.
Getting started with the Discover it Cash Back Credit Card is straightforward, making it an attractive option for those eager to maximize rewards without any annual fees. Intrigued? Let’s walk through the application process step-by-step to help you take the first step towards smarter spending!
Benefits of the Discover it Cash Back Card
1. Earn Cashback on Every Purchase
One of the standout features of the Discover it Cash Back card is its cashback rewards program. You earn 5% cashback on rotating categories each quarter, such as grocery stores, gas stations, and even online shopping with platforms like Amazon. To maximize these rewards, consider planning purchases around these categories to take full advantage. For all other purchases, you still earn a steady 1% cashback.
2. Unlimited Cashback Match
Discover offers an incredible offer for new cardholders: at the end of your first year, they will match all the cashback you’ve earned. That means if you’ve accumulated $150 in cashback rewards, they’ll double it to $300. This benefit is a great reason to use this card as much as possible in the first year, ensuring you optimize the match offer.
3. No Annual Fee
Unlike many credit cards that charge a hefty fee just for holding them, the Discover it Cash Back card has no annual fee. This makes it an attractive option if you’re looking to minimize costs while still enjoying reward benefits. You can confidently use this card without worrying about an out-of-pocket cost just for ownership.
4. Peace of Mind with Freeze It®
The Freeze It® feature allows you to quickly and easily freeze your account from any new purchases when necessary, directly from the app or online. This is particularly useful if you misplace your card or suspect unauthorized use, providing an extra layer of security without the stress of immediate loss.
5. Access to FICO® Credit Score for Free
Understanding your credit health is essential, and the Discover it Cash Back card provides free access to your FICO® credit score on your monthly statements and online. This benefit helps you keep track of your financial standing and make informed decisions to improve your credit score.
SIGN UP TO GET YOUR DISCOVER IT CASH BACK
| Advantages | Details |
|---|---|
| Significant Cash Back Rewards | Earn 5% cash back on specific categories each quarter, such as groceries or gas. |
| No Annual Fee | Enjoy a card with no annual fee, maximizing your savings. |
| Advantages | Details |
|---|---|
| Flexible Redemption Options | Redeem your cash back for various options including statement credits, gift cards, or direct deposits. |
| Introductory Offer | Receive a bonus cash back opportunity within your first year of spending. |
Requirements to Apply for the Discover it Cash Back Credit Card
- Credit Score: To increase the likelihood of approval, applicants should ideally have a good to excellent credit score, typically 670 or higher. This indicates to the lender that you have a reliable history with credit management.
- Age Requirement: You must be at least 18 years old to apply for a credit card in the United States. This is a legal requirement to ensure responsible usage of credit.
- Income Proof: Demonstrating a consistent income is necessary. This can be through employment pay stubs, tax returns, or investment income documents, which shows your capability to repay any charges made to the card.
- Social Security Number: To process your application, you must provide a valid Social Security Number. This helps in checking credit reports and verifying your identity.
- U.S. Residency: Only U.S. residents are eligible to apply for the Discover it Cash Back credit card, as this product is specifically offered to individuals within the United States.
LEARN MORE DETAILS ABOUT DISCOVER IT CASH BACK
How to Apply for the Discover it Cash Back Credit Card
Step 1: Visit the Discover Website
To start your application process for the Discover it Cash Back credit card, you’ll need to access the official website. Open your web browser and type in discover.com, or simply click on this: SEE HOW TO GET YOUR DISCOVER IT CASH BACK. This link guides you directly to the page where you can begin your application.
Step 2: Explore the Card Details
Once on the Discover website, navigate to the Discover it Cash Back credit card section. Here, take your time to understand the card features and benefits. The Discover it Cash Back card offers rotating categories that allow you to earn 5% cash back on everyday purchases, which can be discussed in detail on the card’s page.
Step 3: Initiate the Application Process
After reviewing the card information and deciding that it meets your needs, click on the ‘Apply Now’ button. This begins the application process, where you’ll need to fill out the online form with your personal information, including your name, address, and social security number.
Step 4: Provide Financial Information
Continuing with the application, you will be prompted to enter financial details such as your annual income and any other credits you might have. Make sure to enter accurate information to enable a smooth application processing and to increase your chances of approval.
Step 5: Submit the Application and Wait for Approval
Once you have filled in all necessary details, review your information to ensure accuracy, and then click the ‘Submit’ button. Discover will typically provide an application decision in a few minutes, but in some cases, it may take longer. If approved, you’ll receive your Discover it Cash Back card in the mail within a few business days.
Frequently Asked Questions about the Discover it Cash Back Card
What is the Discover it Cash Back Card?
The Discover it Cash Back Card is a credit card issued by Discover. It offers a unique cashback rewards program, where you can earn 5% cash back on rotating quarterly categories like groceries, restaurants, gas stations, and more, up to the quarterly maximum when you activate. All other purchases earn 1% cash back automatically. It’s an excellent choice for those looking to maximize their rewards on everyday spending.
How does the Cashback Match feature work?
The Cashback Match feature is a standout benefit of the Discover it Cash Back Card. 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 by your anniversary, Discover will match that amount, giving you a total of $400 in cash back. This benefit is available only for new cardmembers during their first year.
Are there any fees associated with the Discover it Cash Back Card?
The Discover it Cash Back Card is known for having no annual fee, making it a cost-effective choice for many consumers. Additionally, there are no foreign transaction fees, which means you can use your card abroad without incurring extra costs. However, it’s important to be mindful of potential late payment fees and interest rates, which can vary based on your creditworthiness.
How do I redeem my cash back rewards?
Redeeming your cash back rewards with the Discover it Cash Back Card is simple and flexible. You can redeem your rewards at any time and in any amount. Options include applying them as a statement credit, depositing them directly into your bank account, using them to pay at Amazon.com checkout, or even donating to a charity. This adaptability ensures you can make the most of your rewards in the way that best suits your needs.
Is there a credit score requirement for the Discover it Cash Back Card?
To be eligible for the Discover it Cash Back Card, applicants typically need to have a good to excellent credit score, which generally means a score of 670 or higher. However, approval is based on various factors, including your credit history and other financial considerations. If you’re concerned about your eligibility, consider checking your credit score and report before applying to increase your chances of approval.
