Discover
Discover it Cash Back Credit Card
Estimated value every year on typical spending
$312/ year
Every year, after the annual fee. Year one adds a $200 welcome bonus: $512
Based on a typical ~$2,600/month of spending. Points valued conservatively; confirm terms with the issuer.
Carry a balance? At 20%+ APR, interest usually costs more than any card earns.
Is it worth it?
With no annual fee, the Discover it Cash Back Credit Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $312 a year on typical spending. The welcome bonus adds roughly $200 in the first year.
The fine print
- Intro APR
- 0% for the first 15 months
- Regular APR
- 18.74% to 28.74% variable
- Foreign fee
- None
- Top perk
- Unlimited Cashback Match
- Approval
- Good credit recommended
- Redeem for
- Statement credit · Direct deposit · Gift cards
Rewards
- 5% cash back on everyday purchases at different places you shop each quarter, up to the quarterly maximum when you activate
- 1% cash back on all other purchases
Sign-up bonus
$200 bonus statement credit when you spend $500 in the first 3 months.
Best for
- Keeping costs at $0
Not ideal for
- Frequent international travelers
Trade-offs: No annual fee ↔ lower category bonuses.
Worth knowing
- Annual fee
- $0
- Intro APR
- 0% for the first 15 months
- Regular APR
- 18.74% to 28.74% variable
- Balance transfer fee
- Balance Transfer Fee applies
- $1200/mo on everyday spending earns about $144/year (1%).
Offer history
No changes to the fee, welcome offer or intro APR since we started checking this card daily on Oct 26, 2026.
Discover it Cash Back Credit Card: questions people ask
Is the Discover it Cash Back Credit Card worth it?
With no annual fee, the Discover it Cash Back Credit Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $312 a year on typical spending. The welcome bonus adds roughly $200 in the first year.
What is the Discover it Cash Back Credit Card annual fee?
The Discover it Cash Back Credit Card has no annual fee ($0).
What is the Discover it Cash Back Credit Card welcome bonus?
Earn a $200 bonus statement credit when you spend $500 in the first 3 months. We value it at about $200. We check the issuer's page daily; it hasn't changed since we started tracking on Oct 26, 2026.
What does the Discover it Cash Back Credit Card earn?
5% cash back on everyday purchases at different places you shop each quarter, up to the quarterly maximum when you activate. 1% cash back on all other purchases.
What credit score do you need for the Discover it Cash Back Credit Card?
The issuer doesn't say; we'd class it as: good credit recommended. Checking your matches on CardFit never runs a credit check.
Does the Discover it Cash Back Credit Card charge foreign transaction fees?
No. The Discover it Cash Back Credit Card has no foreign transaction fee.
Does the Discover it Cash Back Credit Card have a 0% intro APR?
0% for the first 15 months. After that the regular APR is 18.74% to 28.74% variable.
Compare Discover it Cash Back Credit Card
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Card details are collected from issuer websites and were last refreshed October 29, 2026. Source: Discover product page. Terms change often; confirm them with the issuer before you apply.