How to Apply for Discover it Cash Back Credit Card Step-by-Step Guide

If you’re considering adding a new card to your wallet, the Discover it Cash Back Credit Card offers a plethora of enticing benefits. With its 5% cashback rewards on rotating categories and a unique sign-up bonus, this card is especially appealing for savvy shoppers looking to maximize their spending. One of its standout features is the lack of an annual fee, making it an accessible option for those conscious of managing their financial commitments.

In addition to these attractive rewards, the card provides 0% APR on purchases for the first 15 months, easing the burden of initial expenses. This introduction aims to guide you through the straightforward application process step-by-step, ensuring you’re well-prepared to take advantage of all the financial benefits this card has to offer. Ready to delve into a hassle-free application experience? Let’s get started on how this card can complement your financial plan.

Unlocking the Advantages of the Discover it Cash Back Credit Card

1. Generous Cashback Rewards

One of the standout features of the Discover it Cash Back card is its cashback rewards program, offering an enticing 5% cashback on everyday purchases like groceries, gas, restaurants, and more during different quarterly categories. Furthermore, it provides a consistent 1% cashback on all other purchases, allowing cardholders to accumulate rewards effortlessly. Maximizing this benefit involves keeping track of the quarterly categories and aligning your spending to take full advantage of the 5% cashback when possible.

2. Cashback Match in the First Year

In its first year, the Discover it Cash Back card delivers a unique benefit by matching all the cashback earned by cardholders, effectively doubling their rewards with no limit. This introductory offer elevates the potential of your earnings significantly. To leverage this benefit to the fullest, it’s advantageous to direct as many expenses as possible through this card during the first year.

3. No Annual Fee

The card further solidifies its appeal by imposing no annual fee on cardholders, meaning you can earn rewards without the burden of unnecessary charges. This can be particularly beneficial for those looking to save money while still capitalizing on a rewarding credit card experience. Making sure to always pay the full balance due each month will help avoid interest, complementing the no-fee benefit and allowing you to effectively manage your financial wellbeing.

4. Introductory 0% APR

For those looking to manage larger purchases or consolidate expenses, the introductory 0% APR for 15 months on both purchases and balance transfers can offer a respite from interest accrual. This is an excellent opportunity to focus on debt repayment or enjoy larger purchases without immediate interest concerns. It’s important to plan your spending and repayments strategically during this period to ensure you don’t fall into later financial strains once the promotional duration ends.

SEE HOW TO GET YOUR DISCOVER IT CASH BACK

The Discover it Cash Back card is designed to entice consumers who love to earn cash back on their spending. One of its biggest draws is the potential for significant earnings through its generous rewards program. The rotating categories change every quarter, allowing savvy spenders to maximize their rewards. Categories can include popular options such as grocery stores, restaurants, or online shopping, which means users can earn back significantly depending on their spending habits.In addition to its rewarding aspects, the card promotes financial freedom with the lack of an annual fee. This factor appeals to many users, ensuring that they can make the most of their cash back earnings without worrying about a looming cost. With additional features like free credit score monitoring and potential cash back matching at the end of the first year, the Discover it Cash Back offers an enticing package for anyone looking to enhance their financial journey through smart spending.

Requirements to Apply for Discover it Cash Back Card

• Minimum Credit Score: Applicants typically need a good to excellent credit score. This generally means a FICO score of 670 or higher. Maintaining a positive credit history is crucial to enhance your chances of approval.
• Stable Income: Although there is no officially stated minimum income, it’s important to demonstrate a stable and sufficient income to support your credit obligations. Be prepared to provide proof of income such as pay stubs or tax returns.
• Age Requirement: You must be at least 18 years old to apply. If you are under 21, you’ll also need to prove your independent income or have a co-signer.
• U.S. Residency: Applicants must reside in the United States and have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).
• Identification Documents: Valid identification documents such as a driver’s license or passport are required during the application process to verify your identity.

VISIT THE WEBSITE TO LEARN MORE

How to Apply for the Discover it Cash Back Credit Card

Step 1: Visit the Discover Website

To begin your journey towards earning cash back on every purchase, the first step is to visit the Discover website. Navigate to their credit card section where you’ll find the Discover it Cash Back card. This card is ideal for those who enjoy earning rewards on their everyday spending. Be ready to have internet access and a reliable device, as these will be essential for a smooth application process.

Step 2: Explore the Card Benefits

Before moving forward, take a moment to explore the perks that the Discover it Cash Back offers. With revolving quarterly categories where you can earn 5% cash back, and 1% on all other purchases, understanding these benefits can be key to maximizing your card usage. This knowledge will empower you to make informed financial decisions and leverage the card’s full potential.

Step 3: Click on the Apply Now Button

Once you’ve familiarized yourself with the card’s features, locate the “Apply Now” button on the Discover it Cash Back card page. Clicking this button will direct you to the application form. Make sure to have your personal information handy, such as your social security number, income details, and banking information, as these will be required during the application process.

Step 4: Fill Out the Application Form

This is the stage where you’ll provide all necessary information. Ensure you fill all fields accurately, as any inaccuracies might delay the application process. Double-check that all the information reflects your current status to avoid discrepancies. Accuracy is key in ensuring your application is processed efficiently.

Step 5: Submit Your Application and Await Approval

After you’ve completed the form, review it once more for accuracy, then click on submit. Upon submission, Discover will evaluate your application and credit history. This evaluation determines the outcome of your application. Keep in mind, the approval or denial timeframe might vary, so patience during this step is essential.

SIGN UP TO GET YOUR DISCOVER IT CASH BACK

Frequently Asked Questions about Discover it Cash Back

What is the Discover it Cash Back credit card?

The Discover it Cash Back is a credit card designed to offer enticing rewards and benefits with a strong emphasis on cashback. It allows users to earn 5% cash back in rotating categories each quarter, such as groceries or dining, on up to $1,500 in purchases, after activation. All other purchases earn a 1% cash back. This card is ideal for people who want to maximize their everyday purchases while keeping an eye on changing reward categories throughout the year.

How does the cash back feature work?

To make the most of the Discover it Cash Back card, users need to activate new cashback categories every quarter to earn the 5% reward. Activation can be done quickly online or via Discover’s mobile app. The cashback rewards accumulate with each purchase, and you can redeem them at any time. Unlike some other cards, Discover’s cashback rewards do not expire, offering flexibility and ease of use.

Are there any introductory offers or fees associated with this card?

Yes, Discover it Cash Back cardholders enjoy an introductory offer of a 0% APR on purchases and balance transfers for the first 15 months, with a standard variable APR applying after that period. Additionally, Discover does not charge an annual fee, meaning cardholders can enjoy their rewards without worrying about an upfront cost. It’s noteworthy that this card does have a 3% fee on balance transfers made within the introductory period and up to 5% for future balance transfers.

Is this card widely accepted, and what if I lose it?

Discover cards are widely accepted across the United States, thanks to the company’s efforts to expand its acceptance network. However, international usage may vary, so it’s important for travelers to check acceptance in their destination country. If cardholders lose their Discover it Cash Back card, Discover offers a freeze it feature via its app or website, allowing users to instantly freeze the card if it is misplaced or stolen. Reassuringly, cardholders are not held responsible for unauthorized purchases with their zero fraud liability guarantee.

Linda Carter

Linda Carter is a writer and financial expert specializing in personal finance and financial planning. With extensive experience helping individuals achieve financial stability and make informed decisions, Linda shares her knowledge on the our platform. Her goal is to empower readers with practical advice and strategies for financial success.