Discover it^® Cash Back

The Cash Back Champion: Up To 5% Cash Back Plus 0% Intro APR Into 2027

• Lengthy introductory no-interest period on both purchases and balance transfers
• Incredible cash back rewards and generous welcome offer
• No annual fee

Updated January 14, 2026

Apply Now

on Discover’s website

Rates and fees

Apply Now

on Discover’s website

Rates and fees

A simple but high-earning cash back card that you can use for your everyday purchases is a game changer. FinanceBuzz's credit card experts reviewed dozens of cash back credit cards, and the Discover it^® Cash Back(Rates and fees) is one of our top picks thanks to the ability to earn up to 5% cash back and a generous welcome bonus that doubles your cash back at the end of your first year, all with no annual fee. In fact, our editors estimate the value of this card to be worth $1,070 in the first year based on its amazing benefits.¹ <p class="">These values are based on the <a href="https://financebuzz.com/financebuzz-credit-card-valuation">FinanceBuzz Credit Card Rewards Valuation Model</a>, which takes a look at rewards earned via spending, the welcome offer, and the annual fee. We used a valuation of 1 cent/point unless otherwise stated above. These are estimated values - your actual earnings will depend on how much you spend and in what categories.<br></p>

Excellent for high-rate cash back categories

Discover it^® Cash Back

Apply Now

4.7

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

Apply Now

on Discover’s website

Rates and fees

Intro APR

Purchases:
0%, 15 months

Balance Transfers:
0%, 15 months

Regular APR

17.49% - 26.49% Variable

Annual Fee

$0

Rewards Rate

1% - 5% Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.

Cash back

Why We Like It

• Multiply your first-year cash back : Discover will match all the cash back you’ve earned at the end of your first year.

• Plus, pay 0% intro APR on purchases and balance transfers for 15 months (then APR is 17.49% - 26.49% Variable)

• Enjoy no annual fee in addition to the opportunity for generous cash back

Apply Now

on Discover’s website

Recommended Credit FinanceBuzz credit ranges are a variation of FICO®️ scores, one of many types of credit score lenders may use when considering your credit card application.

Good to Excellent (670 - 850)

Card Details

Card Details

• INTRO OFFER: Unlimited Cashback Match for all new cardmembers. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
• Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.
• Redeem cash back for any amount. No annual fee.
• Get a 0% intro APR for 15 months on purchases. Then 17.49% to 26.49% Standard Variable Purchase APR applies, based on credit worthiness.
• Terms and conditions apply.

Apply Now

on Discover’s website

Rates and fees

What we like about the Discover it^® Cash Back

Where this card really shines is the opportunity to rack up cash rewards, especially in year one with its generous welcome offer. 

Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases. 

On top of that, for new cardholders, Discover will match all the cash back you’ve earned at the end of your first year. The up to 5% cash back reward rate and bonus offer could earn you up to 10% cash back your first year! 

More benefits and perks

• No caps on intro bonus rewards: No matter how much cash back you earn in your first year, you will be matched that amount. Plus, there is no minimum spending requirement — a rarity for welcome offers.

• Rotating 5% cash back categories: Activate each quarter's 5% cash back rotating categories to maximize your rewards (up to the quarterly maximum, then 1% cash back). You could earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.
• One-to-one cash back value: Redeem cash back for any amount. Redemption options include a statement credit, bank account deposit, or gift cards to dozens of popular retailers.
• 0% Intro APR: Enjoy an introductory 0% APR for 15 months on purchases (then 17.49% - 26.49% Variable), and a 0% intro APR on balance transfers for 15 months (then 17.49% - 26.49% Variable). That means taking a break from interest into 2027.
• No initial late payment fee: The first time you're late with a payment, there's no late payment fee. If you miss a subsequent payment, you will pay a fee of up to $41. Discover also doesn't charge a penalty APR.
• No annual fee: Keep even more money in your wallet — with the Discover it^® Cash Back, the annual fee is simply $0.

Recommended Credit Score FinanceBuzz credit ranges are a variation of FICO®️ scores, one of many types of credit score lenders may use when considering your credit card application.

Good

670-739

Excellent

740-850

>> Click here to apply online now

Bottom Line: Who Is This Card Best For?

The Discover it^® Cash Back is a great choice for anyone who:

• Has average to excellent credit: The Discover it® Cash Back is a good choice for applicants with a credit score of 670+.
  
• Is looking to maximize cash back rewards: While you do need to activate and track rotating reward categories, it's a reasonable tradeoff for the ability to earn an elevated rate on common spending categories. And don't forget, Discover will match all the cash back you’ve earned at the end of your first year.
• Wants to pay off a large purchase over time or pay down high-interest debt Some cards offer an intro APR on just purchases or balance transfers independently, which is why we love that the Discover it^® Cash Back offers 0% intro APR for 15 months on purchases and balance transfers. That's well over a year you don't have to worry about interest payments! After the intro period, the go-to APR is 17.49% - 26.49% Variable.

>> Click here to apply now and earn up to 10% cash back your first year

Up To 5% Cash Back

Discover it^® Cash Back

Benefits

Card Details

• $0 annual fee
• Intro APR on purchases and balance transfers
• Apply Now

• INTRO OFFER: Unlimited Cashback Match for all new cardmembers. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
• Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.
• Redeem cash back for any amount. No annual fee.
• Get a 0% intro APR for 15 months on purchases. Then 17.49% to 26.49% Standard Variable Purchase APR applies, based on credit worthiness.
• Terms and conditions apply.

4.7

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

Apply Now

on Discover’s secure website

Rates and fees

Read Card Review

Intro Offer

Discover will match all the cash back you’ve earned at the end of your first year.

Annual Fee

$0

+ -

Why we like it

• The Discover it^® Cash Back is ideal for anyone who loves flexible rewards options.

• Cardholders can redeem their cash back for any amount.

• Earn 5% cash back on rotating bonus categories up to the quarterly maximum when you activate, along with 1% cash back on all purchases. Categories may include places like gas stations, grocery stores, restaurants, and more.

• Apply Now

Discover it® Cash Back

Earn up to 5% cash back with this incredible card! PLUS, Discover will match all the cash back you’ve earned at the end of your first year. Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.

Rates and fees

Apply Now Rates and fees