Discover it®: Up to 5% Cashback on Quarterly Rotating Categories
Earn 5% cashback on quarterly rotating categories (up to $1,500 per quarter) – worth up to ~$300 per year in rewards. First-year Cashback Match can double your rewards to up to ~$600.
The Bottom Line
4.2
BIG4CREDIT RANKING
Our 5-star rating is based on Big4credit’s independent, data-driven scoring system.
Each card is evaluated across multiple weighted categories – including rewards,
fees, welcome offers, 0% intro APR, ongoing APR, perks, benefits, and protections.
Ratings are determined solely by our research and analysis and are never influenced
by card issuers or advertisers. Read about our ranking system in the
Credit Card Ranking & Methodology section.
Discover it® is a great no-annual-fee card if you don’t mind tracking rotating categories to earn higher rewards. You can earn 5% cashback on quarterly categories (after activation) and 1% on everything else. The first-year Cashback Match doubles all your earnings, which can make this card especially valuable early on. However, it’s less ideal if you want predictable, hands-off rewards with no category tracking. If you’re organized and willing to put in a little effort, this card can be very rewarding.
Discover it®
Apply now
On Discover's Secure Website
Annual fee:
$0
Intro APR
Purchases: 0%, 15 months
Balance Transfers: 0%, 15 months
Regular APR
17.49% - 26.49% Variable APR
Buy Now, Pay Later N/A
N/A
Credit Score
670-850 (Good/Excellent)
Rewards Earn 5% cashback each quarter on up to $1,500 in purchases in rotating categories. Activation is required each quarter by the stated deadline. Plus, earn 1% cashback on all other purchases.
1% - 5% Cashback
Welcome Offer Earn a $100 statement credit when you apply through our site. Plus, enjoy Unlimited Cashback Match: Discover will automatically match all the cashback you earn at the end of your first year, with no limit.
$100 + Unlimited Cashback Match (first year)
Welcome Offer
- $100 Statement Credit: Earn a $100 bonus as a statement credit when you apply through this referral link. This offer is available for a limited time through our site.
- Unlimited Cashback Match: Discover will automatically match all the cashback you earn at the end of your first year, with no limit.
Rewards
- 5% Cashback on Quarterly Rotating Categories: Earn 5% cashback each quarter on up to $1,500 in purchases in rotating categories. Activation is required each quarter by the stated deadline. See current categories here.
- 1% Cashback on All Other Purchases.
Redemption Options
- Flexible Redemption: Redeem rewards for cash at any time, in any amount, or use them for purchases at Amazon.com. Cashback never expires.
Fees and APR
- Annual Fee: $0.
- 0% Intro APR on Purchases and Balance Transfers: Enjoy 0% intro APR for 15 months from account opening. To qualify for the balance transfer offer, transfers must be completed by the date specified in the terms and conditions (typically within the first 90 days).
- Regular APR: After the introductory period, a variable APR of 17.49% - 26.49% applies to purchases and balance transfers.
- Paying late won’t raise your APR.
- Intro Balance Transfer Fees: 3% of the transfer amount, for balance transfers completed by the date specified in the terms and conditions (typically within the first 90 days).
- Regular Balance Transfer Fees: 5% of each transfer amount, for balance transfers made after the introductory period ends.
- Foreign Transaction Fee: None.
- Late Payment: No fee on your first late payment.
Additional Features
- Custom Card Design: Choose from 25 colorful designs when you apply for the Discover it® card.
Terms and Conditions
- Click Apply Now to see the terms and conditions.
Related Card Options
- NHL® Discover it® has the same rewards and features as Discover it®, with the added option to choose a custom NHL team design. If you want the same card with a personal touch, this is it. 👉 View NHL® Discover it® details
- Discover it® Student is a better fit for students or first-time cardholders. It offers rotating cashback categories similar to Discover it®, along with easier approval and no annual fee. 👉 Check Discover it® Student details
EarnSmart Rewards Strategy
- Custom Cash®: Earn 5% cashback on your top eligible spending category each billing cycle (up to the cap), ensuring you always have a reliable high-reward category even when Discover’s rotation doesn’t match your spending. 👉 Learn more about Custom Cash®.
- Active Cash®: Provides unlimited 2% cashback on all purchases, giving you a strong fallback when no bonus categories apply. 👉 Learn more about Active Cash®.