What is Discover It Card?
You need a card that allows you to buy where you want and what you want. The Discover It card (aka Discover it® Cash Back Credit Card) is packed with features that can save you a significant amount of money. From a low APR to various ways to control payments, it’s all yours.
- 0% intro APR on purchases & balance transfers for 14 months - then a variable purchase APR applies, currently 11.99% - 22.99%. A 3% fee applies to each transferred balance.
- 5% cash back for online shopping and department store purchases on up to $1,500. 1% cash back on all other purchases.
- Free FICO® Credit Score online and on monthly statements*.
- No annual fee, no late fee for your first late payment - APR won't go up for paying late, no overlimit fee and no foreign transaction fee.*
- Each Discover purchase is monitored. If it's unusual, you're alerted by e-mail, phone or text-and never responsible for unauthorized Discover card purchases.
- 100% U.S.- based customer service - anytime, day and night.
- *See rates, rewards, free FICO® Credit Score terms and other info by clicking "Apply".
What Cash Back Is All About
It’s easy to like cashback. Instead of getting points and miles that are hard to redeem, you get cash. A cashback account is established for you. Your balances are disclosed in your monthly statements and online. With every purchase, you earn 1% cashback. Quarterly, there are different categories where you can earn 5%. When you spend in these categories, you can add to your cashback account faster. There are also various online retailers that can make it easier to earn cashback.
Consider what you want to use the cashback for. You can use the cashback as a statement credit to pay for purchases that you have already made. You can also buy what you want with a Discover gift card or a check mailed to you. If you want to purchase on amazon.com, you can also use your cash rewards right there.
The more cashback you get, the more you save. There is a cashback concierge that can help you make the most of your cash rewards throughout the year. You can phone a representative and get the assistance you need to find out how you can change your spending to maximize your rewards. Your account will be reviewed and tips will be shared.
With the cash rewards, there is no maximum to what can be earned in the year. The more you spend, the more cash you get. There is no expiration on the cash, plus you get to choose when you wish to redeem it. You can redeem it each time your account reaches $25 or you can let it accumulate to get a cash reward of hundreds of dollars.
How To Save Money
There are many ways to save money with this Discover card. One of the more obvious ways is with the long intro rate of 0%. This gives you many months with absolutely no interest rate to worry about. This means no interest charges during the entire introductory period, allowing you to buy what you want and making the minimum payment without accumulating a lot of debt.
When the introductory period ends, you will be given a low variable rate for your purchases. The percentage you are given is based upon your credit score. If you want to avoid an interest charge, you always have the option of paying off your balance in full each month when your statement arrives.
Another way to save money is with balance transfers. You can transfer the balances of your other credit cards over to your Discover card. You are given a low balance transfer rate – as well as an even lower one in the intro period of signing up for the card. This allows you to pay off your debts faster because your interest charges each month will be considerably lower.
You can use your card in many places around the globe. There’s no over limit fee and there are no foreign transaction fees. Additionally, there is no annual fee, which will make spending on the card even more affordable.
Benefits Of This Discover Card
Earning cash back and saving money are major benefits of the card. There are many other benefits that you can take advantage of throughout the year as well. These are free for you to use and are simply there for your use at any time that you want to use them.
Such benefits are:
- Account management tools
- U.S. based customer support
- Payment flexibility
- Help after a job loss
- Application is online
You can manage your account easily with various tools. This includes a mobile app as well as online account access. With these, you can get up-to-the-minute information on your accounts, such as your available credit line and your balance. You can also schedule a payment. Online, you also have the ability to download statements and do much more.
There is U.S. based customer support for your convenience. At any given time in the day or night, you can call and talk to a live representative. This is the perfect opportunity to have any questions or concerns answered without waiting. You can find out about a charge or even ask for an increase to your credit line.
You have a lot of payment flexibility. When your payment is due, you have until midnight on the due date to pay it. You can make a payment on the account by mailing in a check, paying by phone or by paying online. If the due date is inconvenient for you, it’s possible to change it to a different date in the month going forward. This change can be made online or over the phone with customer support.
If you experience a job loss, making payments can become difficult. Discover card will offer you assistance through lowering your rate, lowering your payment or offering some form of other assistance.
The application is online, allowing you to fill it out when you have time, wherever you might be. You can receive a credit decision within a minute or so and learn of your credit line. A credit card will then be expedited to you. This allows you to start spending right away – and saving money at the same time.
The time is here for you to take advantage of this credit card. In no time at all, you can have the card. This allows you to start buying what you need – and earning cash back with every purchase that you make with the Discover it Credit Card.