How to Apply for Discover it Cash Back Credit Card Step-by-Step Guide
Unlock the potential of your wallet with the Discover it Cash Back credit card, designed to reward everyday purchases while providing exceptional convenience. Whether you’re grocery shopping or dining out, this card offers unbeatable value with its unique benefits. Imagine earning 5% cash back on rotating categories like gas stations and restaurants, while enjoying a 1% cash back rate on everything else. Even better, Discover will match all the cash back you’ve earned at the end of your first year. Applying for the Discover it Cash Back card is straightforward and hassle-free, suited for both new and seasoned credit users. As you embark on this financial journey, take comfort in knowing there’s no annual fee, making it a savvy choice for managing your expenses. With this guide, you’ll seamlessly navigate through the application process, ensuring you unlock all these rewards in no time.
The Benefits of the Discover it Cash Back Credit Card
1. Generous Cash Back Rewards
The Discover it Cash Back card offers 5% cash back on everyday purchases at different places each quarter, such as Amazon.com, grocery stores, restaurants, and more, up to the quarterly maximum. Plus, earn unlimited 1% cash back on all other purchases. This is an excellent way to save money on your usual expenses by simply using your card for everyday purchases. To make the most of this benefit, be sure to check the rotating categories every quarter and plan your spending accordingly.
2. Cashback Match Program
At the end of your first year as a cardholder, Discover will automatically match all the cash back you’ve earned. So if you earned $300 in cash back, Discover will double it to $600. This unique feature can significantly boost your savings, especially if you maximize your spending in the 5% cash back categories. Simply use your card for all eligible purchases, and let Discover do the rest.
3. No Annual Fee
With the Discover it Cash Back card, you enjoy all these great benefits without any annual fee. This means you can maximize the value you get from the card without worrying about an annual charge eating into your cash back earnings. For many cardholders, a no annual fee policy means keeping costs down while enjoying rewarding benefits.
4. 0% Intro APR on Purchases
New cardholders receive a 0% introductory APR for 15 months on purchases and balance transfers. This can be particularly useful if you have a big purchase planned or want to consolidate existing credit card debt. Just remember, the APR will revert to a variable rate after the introductory period, so it’s wise to pay off balances within the first 15 months to maximize savings.
SIGN UP TO GET YOUR DISCOVER IT CASH BACK
| Advantage | Details |
|---|---|
| Unlimited 1% Cash Back | Earn 1% cash back on every purchase, turning your spending into savings effortlessly. |
| 5% Cash Back Categories | Get 5% cash back on select categories like dining or groceries, helping you save on frequent expenses. |
This table highlights key advantages of the Discover it Cash Back card. With unlimited 1% cash back on all purchases, your everyday spending begins to yield rewards. Additionally, the rotating 5% cash back categories provide opportunities for maximized savings, especially on expenses you may incur regularly. By leveraging these benefits, users can enhance their financial management and earn rewards that contribute to their overall savings strategy. Understanding and utilizing these features can significantly improve your financial outlook.
Requirements to Apply for the Discover it Cash Back Credit Card
- Applicants should have a fair to good credit score, typically in the range of 680 to 720. A good credit score demonstrates to the issuer that you are reliable in handling credit.
- You must be at least 18 years old to apply for the Discover it Cash Back Credit Card. This is the legal age to enter into contracts like credit agreements.
- Providing proof of a steady income is essential. This helps the issuer determine if you can manage to make the payments required by the card.
- You will need to present certain identification documents, such as a Social Security Number (SSN) and a government-issued ID, to verify your identity.
- Applicants should make sure to have a valid U.S. address as the card is only available to U.S. residents.
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
To begin your application for the Discover it Cash Back credit card, you’ll want to start by visiting the official Discover website. It’s important to ensure you’re accessing the correct site to safeguard your personal information. Simply enter ‘discover.com’ into your web browser’s address bar and hit Enter.
Step 2: Explore the Discover it Cash Back Credit Card
Once on the Discover website, navigate to the credit cards section. Look for the ‘Discover it Cash Back’ card. Take time to carefully read through the details and benefits of the card. This includes features like the 5% cash back on everyday purchases at select places each quarter, and the unlimited 1% cash back on all other purchases. Understanding these benefits will help you decide if this card meets your financial needs.
Step 3: Start Your Application
After deciding that the Discover it Cash Back card is right for you, click on the ‘Apply Now’ button. You’ll be asked to provide some personal information such as your full name, address, Social Security number, and income details. It’s crucial to ensure that all information is accurate to avoid delays in processing your application.
Step 4: Review and Submit Your Application
Before submitting, review all the provided information. Make sure there are no errors and that everything is complete. This is your chance to make any necessary corrections. Once satisfied, hit the ‘Submit’ button to forward your application to Discover for review.
Step 5: Await Approval
After submission, your application will be processed. This might take a few minutes to a couple of business days. During this time, Discover may contact you for additional information. Once your application is approved, you’ll receive your Discover it Cash Back credit card in the mail. Remember, utilizing your new card responsibly by paying on time and staying within your credit limit can help build a strong financial future.
LEARN MORE DETAILS ABOUT DISCOVER IT CASH BACK
Frequently Asked Questions about the Discover it Cash Back Card
What are the main benefits of the Discover it Cash Back card?
The Discover it Cash Back card offers several attractive benefits to its users. One of the standout features is the 5% cashback on rotating quarterly categories such as groceries, gas stations, restaurants, or online shopping, up to the quarterly maximum each time you activate. Additionally, you get 1% unlimited cash back on all other purchases. Plus, Discover will automatically match all your cash back earned at the end of your first year, which means if you earned $200 in cash back, it would be doubled to $400.
Does the Discover it Cash Back card charge an annual fee?
No, the Discover it Cash Back card has no annual fee. This makes it a good option for cardholders looking to maximize their rewards without worrying about additional yearly costs that might eat into their savings.
How does the cashback match program work with the Discover it Cash Back card?
The cashback match program is a unique feature where Discover will automatically match all the cash back you’ve earned at the end of your first year. For example, if you earn $300 in cash back during your first 12 months, Discover will match that and give you another $300, totaling $600 cash back for the year. This applies to all the cash back you’ve earned, with no minimum spending or maximum rewards.
Is there a promotional APR offer for balance transfers with the Discover it Cash Back card?
Yes, the Discover it Cash Back card often comes with a promotional APR offer. Typically, the card offers a 0% Intro APR on balance transfers for a specified period, which is usually up to 14 months from the date of account opening. After the promotional period, a variable APR will apply. This can be a smart option if you are looking to consolidate high-interest credit card debt.
How can I maximize my rewards with the Discover it Cash Back card?
To get the most from your Discover it Cash Back card, it’s crucial to activate your 5% cashback categories each quarter and plan your purchases around these categories. Also, always pay your balance in full each month to avoid interest charges which can quickly offset any cashback benefits. Using the card for all your regular spending, along with leveraging the cashback match during your first year, can greatly enhance your savings.
