Easily Apply for Discover it Cash Back Credit Card Step-by-Step Guide

Imagine a credit card that not only rewards you for your spending but does so in a way that’s straightforward and user-friendly. The Discover it Cash Back credit card offers just that. It’s designed for individuals who appreciate significant cashback benefits without the hassle of complicated reward systems.

With the Discover it Cash Back card, you can enjoy 5% cashback on everyday purchases in rotating categories like grocery stores and gas stations, up to a quarterly maximum. Even more appealing is the unlimited 1% cashback on all other purchases. These perks make it ideal for those looking to optimize their spending power.

This card also eliminates foreign transaction fees, making it an excellent companion for international travel. Plus, with features like instant access to your FICO score and no annual fees, applying is as rewarding as it is simple. Dive into the following guide to learn how easy it is to apply and start enjoying these benefits today.

The Benefits of Using Discover it Cash Back Credit Card

1. Generous Cash Back Rewards

The Discover it Cash Back credit card offers a standout feature with its rotating 5% cash back rewards. Cardholders can earn 5% cash back on up to $1,500 in purchases each quarter in different bonus categories like groceries, gas stations, restaurants, or online shopping. The categories change each quarter, providing opportunities to earn rewards on everyday purchases. Outside of these categories, you’ll earn unlimited 1% cash back on all other purchases.

Tip: To maximize your rewards, make a habit of checking the rotating categories. Plan your bigger purchases around these periods to take full advantage of the 5% cash back offer.

2. Dollar-for-Dollar Match at the End of the First Year

Discover offers an exclusive introductory offer where they match all the cash back you’ve earned at the end of your first year. If you earn $200 in cash back during the first year, Discover will match it with an additional $200, doubling your rewards.

Tip: As this offers no spending cap, strategically use your card for larger purchases during the first year to maximize your matched cash back.

3. No Annual Fee

A major benefit of the Discover it Cash Back card is that it comes with no annual fee. Many credit cards charge a yearly fee which can eat into your rewards, but with this card, you can enjoy all benefits without worrying about extra costs reducing your earnings.

Tip: Without an annual fee, consider keeping this card long-term to continually build your credit history and enjoy unrestricted access to rewards.

4. Access to FICO® Credit Score for Free

As a Discover it Cash Back cardholder, you gain free access to your FICO® Credit Score. Monitoring your credit score regularly can be instrumental in understanding your financial health and improving your credit over time. This score is updated monthly, allowing you to track your progress and make informed financial decisions.

Tip: Use this feature to regularly check your score and review the factors impacting it. Aim to maintain or improve it by making timely payments and keeping your credit utilization low.

5. Robust Security Features

Discover prioritizes your security with features like free alerts for unusual activity and a Freeze It® feature that allows you to lock your account instantly if you misplace your card. This gives you peace of mind, knowing you’re protected from unauthorized transactions and fraud.

Tip: Activate all available security features to protect your finances. Regularly review your statements and alert settings for the best protection.

LEARN MORE DETAILS ABOUT DISCOVER IT CASH BACK

This table highlights two significant advantages of the “Discover it Cash Back” card. The first is its rewarding cashback feature, which allows cardholders to earn 1% on every purchase. Furthermore, in specific categories, users can earn up to 5% cashback, making it an appealing option for those who want to maximize their savings on everyday expenses. Another major advantage is the absence of an annual fee, which is often a concern for cardholders. This means you can fully utilize the card’s features without worrying about additional costs, thus increasing the overall value and attractiveness of the card. By choosing the “Discover it Cash Back” card, users can enjoy great rewards while managing their finances effectively.

Requirements to Apply for the Discover it Cash Back Credit Card

• Credit Score: Applicants typically need a good to excellent credit score, generally defined as 670 or higher. This score is an indication of your creditworthiness, and a solid score can enhance your chances of approval.
• Steady Income: You should demonstrate a reliable source of income. Lenders prefer steady employment or consistent income records to ensure you can manage your credit card payments responsibly.
• Proof of Identity: Be prepared to provide a government-issued identification. This could be your driver’s license or passport, ensuring that you are who you claim to be.
• Social Security Number: A valid Social Security Number is required for application, as it is used to ascertain your credit history and verify personal information.
• Age Requirement: You must be at least 18 years old (or 21 in some states) to apply. Age requirements are in place to comply with legal agreements and credit responsibility.

GET YOUR DISCOVER IT CASH BACK THROUGH THE WEBSITE

Step-by-Step Guide to Applying 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 head over to the Discover website. Start by opening your preferred web browser and typing in ‘Discover it Cash Back’ into the search bar. Alternatively, you can directly enter this link to access the credit card’s dedicated page. Familiarize yourself with the card’s features, benefits, and terms so you know exactly what you’re signing up for.

Step 2: Start the Application

Once you’ve reached the Discover it Cash Back page, look for the application button which typically says “Apply Now” or “Get Started.” Click on it to start the application process. The site will guide you through a series of forms where you’ll need to fill in your personal information. This includes your name, address, Social Security number, and income details. Make sure the information you provide is accurate to avoid any complications with your application.

Step 3: Review Your Application

Before submitting your application, it’s crucial to review all your information very carefully. Check for any mistakes or missing details, as these could delay the processing of your application. Ensuring everything is correct can speed up the approval time, allowing you to start enjoying the benefits of the Discover it Cash Back card sooner.

Step 4: Submit Your Application

After you’re satisfied that everything looks correct, go ahead and submit your application. You’ll likely receive an immediate response online about your application status, which will be approval, denial, or a notice that further review is necessary. If further review is needed, Discover may contact you by mail or email with additional instructions.

Step 5: Receiving Your Card

If your application is approved, you can expect to receive your Discover it Cash Back card in the mail within 7 to 10 business days. Once you receive it, you’ll need to activate your card, which you can usually do online or by phone. Then you’re all set to start earning cash back on your purchases!

VISIT THE WEBSITE TO LEARN MORE

Frequently Asked Questions about the Discover it Cash Back Card

What are the cashback benefits of the Discover it Cash Back card?

The Discover it Cash Back card offers substantial rewards with its cashback program. Cardholders earn 5% cashback on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations, and when you pay using PayPal, up to the quarterly maximum, upon activation. Additionally, you’re awarded 1% unlimited cashback on all other purchases, making it an attractive option for diversifying your spending rewards.

Is there a sign-up bonus for new Discover it Cash Back cardholders?

Yes, Discover offers a unique sign-up incentive called the Cashback Match. During your first year as a cardholder, Discover will match all the cashback you’ve earned at the end of your first year automatically. For instance, if you earn $200 in cashback, Discover will match it, giving you a total of $400 back.

Does the Discover it Cash Back card have an annual fee?

No, the Discover it Cash Back card comes with no annual fee. This makes it a cost-effective choice for budget-conscious individuals who want to maintain credit card benefits without the burden of yearly costs.

What is the introductory APR offer for the Discover it Cash Back card?

New cardholders benefit from a 0% introductory APR on purchases and balance transfers for the first 15 months. After the introductory period, a variable APR currently ranging from 16.24% to 27.24% will apply.

How can I ensure my cashback rewards are maximized with the Discover it Cash Back card?

To maximize your cashback rewards, it’s essential to activate the 5% cashback categories each quarter. You can do this through the Discover mobile app, online, or by calling customer service. Remember to plan your purchases around these rotating categories to maximize your earnings, while the 1% cashback remains active on all other transactions without any special activation.

Linda Carter

Linda Carter is a writer and financial expert specializing in personal finance and financial planning. With extensive experience helping individuals achieve financial stability and make informed decisions, Linda shares her knowledge on our platform. Her goal is to empower readers with practical advice and strategies for financial success.