Discover Credit Cards: Best and Latest Offers [September 2021]

Discover credit cards offer loads of value to suit all types of customers. Which would be perfect for your wallet?
Last updated Aug 30, 2021 | By Ben Walker

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Discover offers a variety of financial products, including high-value consumer and business credit cards. Choose from some of the best cashback credit cards available to elevate your rewards earning on everyday purchases. Or consider a travel credit card to enhance your future travel experiences.

If you’re interested in applying for a new Discover credit card, check out these excellent options.  

In this article    

Latest Discover personal card offers

Discover it Cash Back

Discover it Cash Back

Discover it Cash Back

Annual Fee

$0

Rewards Rate

up to 5% cash back

Why We Like It

The Discover it Cash Back card is ideal for anyone who loves flexible rewards options.

Cardholders can cash in on their rewards that never expire at any time for any amount.

Earn 5% cash back on rotating bonus categories up to the quarterly maximum along with 1% cash back on all purchases. Previous categories have included purchases at gas stations, grocery stores, restaurants, Amazon.com, and more.

Card Details
  • Automatically get an unlimited dollar-for-dollar match of any cash back you've earned at the end of your first year
  • 5% cash back in quarterly rotating categories (including gas stations, grocery stores, restaurants, and Amazon.com), up to quarterly maximum; 1% cash back on all other purchases
  • Intro purchase 0% offer: 0% for 14 months then 11.99% to 22.99% (variable)
  • Intro balance transfer 0% offer: 0% (for transfers that post to your account by by October 10, 2021) for 14 months then 11.99% to 22.99% (variable)

Discover it Miles

Discover it Miles

Discover it Miles

Annual Fee

$0

Rewards Rate

1.5X miles

Why We Like It

The Discover it Miles card is ideal for anyone who loves flexible rewards options.

Cardholders can enjoy redeeming unlimited miles that never expire (even if you close your account) for travel credit, statement credit, or cash.

Earn 1.5X miles on all purchases.

Card Details
  • Discover will match the miles you earn in the first year as a new cardmember
  • 1.5X miles per dollar on all purchases
  • Intro purchase 0% offer: 0% for 14 months then 11.99% to 22.99% (variable)
  • Intro balance transfer 0% offer: 10.99% for transfers that post to your account by November 10, 2021 for 14 months from date of first transfer then 11.99% to 22.99% (variable)

Discover it Chrome

Discover it Chrome

Discover it Chrome

Annual Fee

$0

Rewards Rate

up to 2% cash back

Why We Like It

The Discover it Chrome is ideal for anyone who wants to earn cash back rewards without paying an annual fee. 

Cardholders get an automatic cash back match at the end of their first year. Plus, this card offers 0% introductory APRs on purchases and balance transfers for 14 months. 

Earn 2% cash back on purchases at gas stations and restaurants (up to $1,000 in purchases each quarter), plus 1% cash back on all other purchases.

Card Details
  • Automatically get an unlimited dollar-for-dollar match of any cash back you've earned at the end of your first year
  • 2% cash back on purchases at gas stations and restaurants (up to $1,000 in purchases each quarter), plus 1% cash back on all other purchases
  • Intro purchase 0% offer: 0% for 14 months then 11.99% to 22.99% (variable)
  • Intro balance transfer 0% offer: 0% for 14 months then 11.99% to 22.99% (variable)

Discover it Secured

Discover it Secured

Discover it Secured

Annual Fee

$0

Rewards Rate

up to 2% cash back

Why We Like It

The Discover it Secured credit card is a great option for individuals who want to build their credit and earn cash back.

Cardholders can monitor their FICO score, receive additional cash back after the first year through Cashback Match, and pay no annual fee.

Earn 2% cash back on purchases at restaurants and gas stations (up to $1,000 quarterly) along with 1% cash back on all other purchases.

Card Details
  • Discover matches all your cash back earned in your first year as a cardholder
  • 2% cash back on purchases at restaurants and gas stations (up to $1,000 quarterly), and 1% cash back on all other purchases
  • Intro balance transfer 0% offer: 10.99% for 6 months from date of first transfer, for transfers that post to your account by October 10, 2021 then 22.99% (variable)

Discover it Balance Transfer

Discover it Balance Transfer

Discover it Balance Transfer

Annual Fee

$0

Rewards Rate

up to 5% cash back

Why We Like It

The Discover it Balance Transfer card is ideal for those who want to earn cash back and transfer an existing balance from another credit card.

Cardholders get a 0% introductory APR on purchases and balance transfers for 14 months, plus up to 5% cash back on eligible purchases.

Earn 5% cash back in quarterly rotating categories and 1% cash back on all other purchases.

Card Details
  • Get an unlimited dollar-for-dollar match of any cash back you've earned at the end of your first year
  • 5% cash back in quarterly rotating categories and 1% cash back on all other purchases
  • Intro purchase 0% offer: 0% for 14 months then 11.99% to 22.99% (variable)
  • Intro balance transfer 0% offer: 0% for 14 months then 11.99% to 22.99% (variable)

Discover it Student Cash Back

Discover it Student Cash Back

Discover it Student Cash Back

Annual Fee

$0

Rewards Rate

up to 5% cash back

Why We Like It

The Discover it Student Cash Back card is a top cash back card for students and a powerhouse rewards card in general.

Students will be rewarded a $20 statement credit each year (up to 5 years) they have a 3.0 GPA or higher.

Earn 5% cash back in rotating categories each quarter on up to $1,500 in purchases, and 1% cash back on all other purchases.

Card Details
  • Automatically get an unlimited dollar-for-dollar match of any cash back you've earned at the end of the first year
  • 5% cash back in rotating categories each quarter on up to $1,500 in purchases, and 1% cash back on all other purchases
  • Intro purchase 0% offer: 0% for 6 months then 12.99% to 21.99% (variable)
  • Intro balance transfer 0% offer: 10.99% (on balance transfers that post to your account by November 10, 2021) for 6 months then 12.99% to 21.99% (variable)

Discover it Chrome for Students

Discover it Chrome for Students

Discover it Chrome for Students

Annual Fee

$0

Rewards Rate

up to 2% cash back

Why We Like It

The Discover it Chrome for Students is an excellent cash back option for students who spend a lot on gas and dining.

Student cardholders will enjoy a 0% Introductory APR on purchases for 6 months and can earn a $20 statement credit each year (up to 5 years) for a 3.0 GPA or higher.

Earn 2% cash back at gas stations and restaurants on up to $1,000 in purchases per quarter, and 1% cash back on all other purchases.

Card Details
  • Discover will automatically match the cash back you've earned at the end of your first year — and there's no limit
  • 2% cash back at restaurants and gas stations, up to $1000 per quarter; and 1% automatic cash back on all other purchases
  • Intro purchase 0% offer: 0% for 6 months then 12.99% to 21.99% (variable)
  • Intro balance transfer 0% offer: 10.99% on balance transfers that post to your account by October 10, 2021 for 6 months then 12.99% to 21.99% (variable)

NHL Discover it Card

NHL Discover it Card

NHL Discover it Card

Annual Fee

$0

Rewards Rate

up to 5% back

Why We Like It

The NHL Discover it Card is an ideal option for NHL fans who love to earn cash back. 

Cardholders can earn up to 5% cash back and get an automatic cash back match at the end of their first year. Plus, you can choose your card design based on your favorite team. 

Earn 5% cash back on up to $1,500 in purchases in rotating quarterly categories, and 1% back on everything else.


Card Details
  • Discover will match all the cash back you've earned at the end of your first year
  • 5% cash back on up to $1,500 in purchases in rotating quarterly categories, and 1% back on everything else
  • Intro purchase 0% offer: 0% for 14 months then 11.99% to 22.99% (variable)
  • Intro balance transfer 0% offer: 0% for 14 months then 11.99% to 22.99% (variable)


What is Discover?

Discover is a digital banking and payments services company that launched its first product, the Discover Card, in 1986. Since then, the company has grown to offer other services and products, including online banking accounts, personal loans, and more credit cards. Discover also operates as a combined payments network, processing credit card payments around the world on the Discover Network, PULSE, Diners Club International, and over 10 Alliance Partners.

Discover has many different credit card products that offer great value and include a surprising benefit: no annual fee. It’s not uncommon for a credit card issuer to offer cards without an annual fee, but to have your entire lineup of credit cards have no annual fee is a different story. This means less stress and more benefits and rewards for you.

Today, Discover has more than 17,000 employees, which includes its 100% U.S.-based customer service team. In 2019, the company’s total net income was about $2.9 billion.

What are the different types of Discover credit cards?

Discover offers multiple credit card options to help cover your financial needs. If you need a card for your everyday lifestyle choices, choose from the available personal Discover cards. For small business owners, Discover’s business cards can help you run your business.

Discover personal credit cards:

Discover’s selection of personal credit cards includes different types of products for different types of consumers. Keep your financial goals in mind as you choose between cashback cards, travel cards, no annual fee cards, and more.

Discover cashback cards

The majority of Discover credit cards offer cashback rewards on every purchase, which can be redeemed for statement credits, gift cards, and more. Certain Discover cashback cards also earn bonus rewards on certain purchases, like filling up at gas stations or dining out at restaurants.

Keep in mind, Discover offers an unlimited cashback match on all cash back you’ve earned during your first year as a cardholder. This match has no minimum spending requirements or maximum rewards allowed. Discover will match whatever cash back you earn your first year. This allows for potentially huge rewards during your initial cardholder phase.

Discover offers these cashback cards:

Discover travel cards

If you’d rather earn travel rewards instead of cash back, a travel credit card makes more sense for you. The best travel credit cards earn travel rewards on every purchase, which makes it easy to save up for your next big trip.

Discover’s travel cards earn miles that you can redeem for cash back or a statement credit toward a travel purchase. So if you purchase things like airfare, hotel stays, or gas, you can redeem your miles as statement credits toward these purchases.

Discover offers these travel cards:

No annual fee Discover cards

Every Discover credit card is a no annual fee card. This means there’s no annual cost for being a Discover card holder, so you get to freely earn cash back or travel rewards without worrying about an added cost.

With no annual fee, there’s no stress in trying to earn enough rewards to get your value out of your card. From day one, these cards provide plenty of value. With their rewards potential and additional perks, they’re some of the best no annual fee credit cards available.

Discover offers these no annual fee cards:

Discover 0% intro APR cards

A great strategy for how to pay off debt is using a 0% intro APR credit card. These cards offer an intro 0% APR for a certain number of months so you don’t have to worry about interest growing during this period. This gives you time to focus on clearing your accounts of any existing debt before an interest rate increase.

The best balance transfer credit cards have 0% intro APR offers on them. Use these offers to transfer an existing balance of debt onto your new card, and you won’t have to pay interest on that balance during the intro period. Some cards also offer a 0% intro APR for new purchases as well.

Discover offers these 0% intro APR cards:

Discover co-branded cards

Discover partners with other companies to issue credit cards with specific benefits. These types of cards are called co-branded cards. In the instance of the NHL Discover it Card, the benefits and perks are the same as the Discover it Cash Back. The only difference is that you get to show off your NHL team pride with a card that has your team’s logo on it.

Discover offers this co-branded card:

Discover business credit cards

Discover business credit cards offer a helpful resource for running your business more efficiently. Business cards are great for separating personal and business expenses, but they can also provide you with helpful business-related benefits.

The best small business credit cards make it easier for you to earn rewards on business purchases and may even provide free employee cards for your workers.

Discover offers these business credit cards:

  • Discover it Business Credit Card

How does Discover compare to other credit card companies?

Discover is a big name in the financial services industry, but it has to constantly change and adapt when going up against companies like Chase, American Express, and Capital One. With such tough competition, how does Discover match up with other card issuers?

Discover vs. Chase

Discover and Chase both offer credit card products, bank accounts, and loans. However, Discover has focused its efforts on online banking only, whereas Chase has in-person branches. In some ways, this makes Discover more modern because most financial services are easily accessible online.

Additionally, Discover is also a payments network. Although Chase has to partner with companies like Visa and Mastercard to process payments on its cards, Discover can use its own network and partner networks to process payments. Currently, Discover cards are accepted at 99% of U.S. merchants that take credit cards as well as millions of merchants worldwide.

Discover has over 17,000 employees, and Chase has over 250,000 employees.

Discover vs. American Express

Discover and Amex both offer traditional banking services like savings accounts and credit card products. In addition, they also both offer payments networks for their credit cards,

Neither Discover nor Amex has the global reach of Visa or Mastercard with their payments networks, but they still serve millions of customers worldwide. Overall, Amex is a larger company than Discover. Amex has over 64,000 employees, whereas Discover has over 17,000.

Discover vs. Capital One

Discover and Capital One started in the financial industry around the same time, which means their history doesn’t stretch very far. Discover released its first credit card in 1986, and Capital One was founded in 1994. Today, both companies offer online bank accounts, credit cards, and loans.

Although Discover uses its own payments network to process credit card payments, Capital One partners with Visa and Mastercard to process payments. This means Capital One credit cards are generally accepted more places worldwide, but within the U.S., it’s about the same. Capital One has over 50,000 employees, whereas Discover has just over 17,000.

Which Discover credit card should you choose?

Discover credit cards vary in their earning potential and the benefits they offer. To choose the best card for you, carefully consider how each card aligns with your financial goals and lifestyle. A cashback credit card is an ideal option for earning cash back on everyday purchases, but a travel credit card is better for earning travel rewards.

The majority of Discover credit cards offer cash back on every purchase. Many of them also earn rewards in bonus categories. For instance, the Discover it Cash Back earns 5% cash back in quarterly rotating categories (including gas stations, grocery stores, restaurants, and Amazon.com), up to quarterly maximum; 1% cash back on all other purchases. This makes it easy to earn cashback bonuses on everyday purchases.

For travel, the Discover it Miles is an ideal option. With this card, you earn a flat 1.5X miles per dollar on all purchases, so it’s simple to start building miles for future travel. Or you can also use your miles for cash back, on Amazon.com, and when you pay using PayPal.

If you need to cut down a balance of debt, use a 0% intro APR card to help you get there. Many Discover credit cards offer 0% intro APR periods, which you can take advantage of if you’re drowning in debt. Use the 0% intro APR period to avoid accruing interest on purchases and/or balance transfers and pay down your existing debt faster.

If you have a limited credit history or your credit report is less-than-stellar, you might opt for the Discover it Secured or student credit cards. The Discover it Secured credit card requires a refundable security deposit, but Discover will report your payment history to the credit bureaus. With responsible use, this card could help you build good credit over time. Discover's student credit cards offer perks like a bonus for good grades and generous cash back.  

The best Discover credit card for you depends on what you need and your financial situation. Look over the lists of available Discover cards to see which one could benefit you the most.

FAQs about Discover credit cards

What credit score do you need for a Discover card?

Depending on which card you’re looking to get, it’s typically not difficult to get a Discover credit card. To qualify for specific Discover credit cards, you’ll likely need a good or excellent credit score. However, the Discover student credit cards and the Discover it Secured card don’t typically have as strict requirements. You may be approved for these cards as a first-time cardholder with a limited credit history or fair credit. Fair FICO scores start off at 580, while good scores start at 670 and excellent scores are above 800.

Which Discover credit cards earn rewards?

These Discover credit cards earn rewards:

  • Discover it Cash Back
  • Discover it Chrome Gas & Restaurants
  • Discover it Miles
  • Discover it Secured
  • Discover it Student Cash Back
  • Discover it Student Chrome
  • NHL Discover it Card

Which Discover credit cards have no annual fee?

These Discover credit cards have no annual fee:

  • Discover it Cash Back
  • Discover it Chrome Gas & Restaurants
  • Discover it Miles
  • Discover it Secured
  • Discover it Student Cash Back
  • Discover it Student Chrome
  • NHL Discover it Card

How many Discover credit cards can you have?

You can have up to two Discover credit cards at any one time, though you can only have one Discover student card at a time.

How often does Discover increase your credit limit?

Discover may automatically increase your credit limit if you regularly use your credit card and always pay off the full balance amount. There is no specified time period for this to occur, but Discover will notify you if they increase your credit limit. You can also request a credit limit increase by logging into your online account and filling out the request form or by calling Discover at 1-800-347-2683.

What benefits do Discover credit cards offer?

Each Discover credit card offers its own unique benefits, so the perks you get will likely vary based on the card you choose. Depending on the card, benefits might include cashback rewards, travel rewards, sign-up bonuses, identity theft protection, Social Security number alerts, and access to the Discover Freeze It tool, which offers protection against unauthorized purchases.

Bottom line on the best Discover credit card for your wallet

Discover credit cards are available to help you on your financial journey, whether you’re just getting started with credit cards or you’re an experienced cardholder. Because Discover offers different types of cards, it’s easy to choose one that would best suit your lifestyle.

As you look over this Discover credit card guide, review each card’s earning potential and perks to see which one would be most beneficial for you. Take your time so you end up with the ideal card for your wallet.

5% Cash Back

Discover it Cash Back

Discover it Cash Back

Discover it Cash Back

Annual Fee

$0

Rewards Rate

up to 5% cash back

Benefits and Drawbacks

Benefits

  • Up to 5% cash back
  • 0% intro APR on purchases and balance transfers
  • Cash back match your first year
  • No foreign transaction fees

Drawbacks

  • Rotating bonus categories to track
Card Details
  • Automatically get an unlimited dollar-for-dollar match of any cash back you've earned at the end of your first year
  • 5% cash back in quarterly rotating categories (including gas stations, grocery stores, restaurants, and Amazon.com), up to quarterly maximum; 1% cash back on all other purchases
  • Intro purchase 0% offer: 0% for 14 months then 11.99% to 22.99% (variable)
  • Intro balance transfer 0% offer: 0% (for transfers that post to your account by by October 10, 2021) for 14 months then 11.99% to 22.99% (variable)

Author Details

Ben Walker Ben Walker is a credit cards and travel writer at FinanceBuzz who loves helping others achieve their travel goals through financially-sound decisions. For nearly a decade, he has been using credit card points and miles for the sole purpose of traveling the world. Ben has been featured in The Washington Post, MSN, Debt.com, and Finder.com.