Discover it® Cash Back

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Pros
  • INTRO OFFER: Discover will match ALL the cash back you’ve earned at the end of your first year, automatically. There’s no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Receive FREE Social Security number alerts - Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.
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Greg Go is a credit card expert whose financial advice has been featured on US News & World Report, Business.com, and Yahoo! Finance.

The intro offer and rewards program you get with the Discover it® Cash Back, is one of the most valuable cash back combinations you’ll find with any rewards credit card right now. In fact, it’s the only card that allows you to potentially earn as much as 5% cash back ­– twice on your Amazon purchases this holiday season.

Here’s how – first, you earn 5% cash back, up to the quarterly maximum, in purchase categories you activate. The quarterly purchase category for the upcoming holiday shopping season is Amazon.com and wholesale clubs.

With Discover’s exclusive Cashback Match™ offer, you can essentially double the cash back you get on your purchases for your first year. So, the cash back you earn from your Amazon.com purchases this year will be automatically matched at the end of your first year. Earning extra cash back on Amazon purchases is rare, but it’s especially rare to earn this much cash back in any category with any credit card.

Plus, there’s no annual fee for the card. And, if you plan on making big purchases, you can save hundreds of dollars in interest with the 0% intro APR for the first 14 months. (After that, a variable APR of 14.24% - 25.24% will apply.) You’ll have until 2020 to pay off your holiday purchases this year, without worrying about interest.

You don’t have perfect credit? It’s ok. While most card issuers reserve high cash back rewards opportunities for those with excellent credit, you might still qualify for this card with less-than-perfect credit. This is the only card offering a huge intro offer as well as an unheard of rate of cash back to those without great credit.

Also, Discover’s extra security features allow you to get your holiday shopping done with a little less stress. Has your card been lost or stolen? You can freeze activity to prevent unauthorized purchases. Discover also provides FREE Social Security number alerts for additional security. Further, if you have a problem, you won’t deal with customer service issues of a typical big bank. Discover has long been known for great customer service that is 100% U.S.-based. When you have a question or concern, you can call the help line and get a real person on the line immediately.

The Downsides of This Card

You do have to make sure you activate the quarterly category that you want to earn the 5% cash back in. Further, you won’t get the cash back earned through Cashback Match immediately. It is awarded automatically at the end of your first year. However, the additional step and the wait are worth it when you consider the opportunity to earn the most cash back for your purchases.

Who Should Get This Card

Let’s face it. There’s a good chance you’ll do at least some of your shopping with Amazon this year. Why not get rewarded for it? The Discover it® Cash Back card is the only card available that offers as much as 5% cash back on your spending with Amazon, and matches it at the end of your first year.

Plus, Discover is well-known for its customer service and extra security features. The holiday season is hectic enough on its own – this card can put some extra cash in your pocket and make shopping a lot more enjoyable.

» Apply today and get the most cash back for your holiday purchases!