Is the Discover it Card worth it? | June 2018

Review: Discover it® Credit Card – June 2018

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Put cash in your pocket and check your credit score with this no-fee card.

  • Get this card if… you want to earn cash back without paying an annual fee.
  • Pick something else if…you want a card with a lower variable APR.
  • Good to excellent credit score of 680 to 850 recommended.

A no-fee card with an intro 0% APR for 14 months from the date your account is open, the Discover it Credit Card offers 5% cash back in specific categories and 1% cash back on everything else.

Product NameDiscover it® Card
Intro APR for Balance Transfer0% Intro APR for 14 months from date of first transfer (with per transfer, 3% balance transfer fee)
Balance Transfer Rate (not intro)13.49% to 24.49% variable
APR for Purchases ( Purchase Rate )13.49% to 24.49% variable
Annual fee$0
Cash Advance Rate26.49% variable
Card TypeVisa
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 25 days
Returned Payment Fee$37
Minimum Interest$0.50
Minimum Credit ScoreFair (660-699)
Minimum Age18 years of age
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
Annual fee$0
Returned Payment Fee$37
Late Payment Fee$37
Cash Advance Fee$10 or 5% of the amount of each cash advance, whichever is greater

Our review

Cash back of 5% is a big deal — and it’s what you’ll find it with the Discover it Card. Here’s the catch: You only get it in categories that rotate quarterly.

From April to June, you might earn 5% cash back at grocery stores. But from July to September, you might earn 5% at restaurants. After that, you’ll earn only 1% at grocery stores.

The Discover it Card offers cash back on all purchases, but only at 1%. If you don’t want to keep up with rotating categories, you might earn better rewards from other cards.

If you can leverage the 5% cash back, you’ll love Discover’s Cashback Match at the end of the year. That’s on top of the card’s $0 annual fee and 0% intro APR for a strong 14 months.

The perks

  • No annual fee. Use this card for everyday spending with no annual fee.
  • 5% cash back in select categories. Cash back categories rotate quarterly and include Amazon, restaurants, wholesale clubs and more. Plus, you’ll earn 1% cash back on everyday purchases.
  • Free FICO Credit Score. It’s easy to keep track of your credit score with monthly updates on your statement.

You’ll also like…

  • Intro 0% APR. Pay no interest on your purchases for a full 14 months from the date your account is open.
  • Cashback Match at the end of your first year. At the end of your first card year, Discover will match the cash rewards you’ve earned. That’s especially valuable if you regularly take advantage of the 5% cash back.
  • Late payment leniency. You won’t suffer fees or a penalty APR for your first late payment.
  • Fraud protection. Sign up for alerts when any new card, mortgage, loan or other account shows up on your Experian credit report. Plus, you won’t be held responsible for any fraudulent charges if your card is stolen.

How does a balance transfer work with this card?

What to watch out for

  • Card limits. Users complain that they’ve found their credit limit lowered without reasonable justification — and that once it’s lowered, it’s hard to revert it.
  • Potential trouble abroad. Discover is widely accepted in the US, but not so much abroad. Consider taking a Visa or Mastercard as backup should an international merchant refuse your Discover card.
  • High maximum APR. The card’s APR spans from 13.24% to 24.24%. A weaker credit history could mean getting settled with an interest rate toward the higher end of that range. An APR of 24.24% is high, considering the average is around 16%.

How does credit card interest work?

Consider other cards if…

  • You want more cash back. Discover’s cash back is ideal when you spend in its select quarterly categories. If you don’t eat out, buy from Amazon or spend at wholesalers often, you might not save as much as you wish.

What to know before you apply

Consider applying for the Discover it Card if you’re:

  • At least 18 years old.
  • A US resident.

As with any credit card, there are some personal details you’ll need to provide:

Information you’ll need

  • Your full name and contact information.
  • Your residential status.
  • Your annual income, source of income and employment information.
  • Your Social Security number.

What credit score do I need?

You have a better chance of application approval with a credit score of 680 or higher.
Always consider your options and your financial situation before you apply for a credit card.
What’s a good credit score?

How to apply for the card

1. Go to Discover’s site. Hover over the Credit Cards tab, and click Discover it Card.

Discover it Card

2. Click Apply Now.

Discover it card apply now

3. Complete the application with your name, address, income and employer.


4. Continue through the rest of the application, confirm your information and submit.

How long will it take to be approved?

You’ll likely receive a decision immediately after you apply. If there are issues with your application, however, you may have to wait up to a few weeks for a decision.

If you’re approved, expect to receive the card within 7 to 10 days.

I got the card. Now what?

  • Avoid interest. Take full advantage of the 0% APR by paying off all outstanding balances from purchases and balance transfers before before it expires in 14 months from the date your account is open.
  • Make timely payments. Pay your card bill online at the Discover website, where you can also enroll in autopay.
  • Avoid fees. Discover waives your first late-payment fee. But subsequent late payments come with fees of up to $37, and balance transfers and cash advances also come with fees.
  • Customer service. For support, call 1-800-347-2683 or chat with a representative online. Or connect on Twitter @Discover or on Facebook @Discover.

Bottom line

If you spend within the rotating quarterly 5% cash back categories, the no-fee Discover it credit card could be well worth your time.

Common questions about the Discover it credit card

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2 Responses

  1. Default Gravatar
    donnaSeptember 19, 2017

    can i transfer card debt for a family member onto my discover card?

    • finder Customer Care
      MariaSeptember 19, 2017Staff

      Hey Donna,

      Thank you for reaching out to us.

      It may be possible to have the credit card debt of a family member balance transferred onto your discover card.
      However, you need to meet the eligibility criteria before you’re approved for the balance transfer.

      You may want to read about it on this page on Balance Transfers for Someone Else’s Debt.

      As finder is a financial comparison website providing general information, we do not represent Discover or any of the companies that we feature on our pages.

      It would be best to confirm this information directly with them.

      I hope this helps.


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