Discover it® Cash Back
Those who can track quarterly categories
Annual Fee
$0
Bonus Value
$300
Rating
4.3/5
Category
Cash Back
Sign-Up Bonus
$100 referral bonus + Cashback Match (doubles all cash back year 1)
Estimated value: $300
Rewards Rate
5% on rotating quarterly categories (up to $1,500/quarter), 1% on everything else
Key Perks & Benefits
- +No annual fee
- +Cashback Match = 10% on rotating categories year 1
- +Free FICO score
- +No foreign transaction fees
- +$0 fraud liability
Pros & Cons
Pros
- +Cashback Match doubles year 1
- +No foreign fees
- +No annual fee
Cons
- -Must activate quarterly
- -Lower acceptance than Visa/MC
The Bottom Line
The Discover it® Cash Back is best suited for those who can track quarterly categories. With no annual fee, this card is easy to justify keeping long-term.
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