» » Discover it®

Discover it®

Discover it®

The Discover it® Credit Card is a widely acclaimed cash back credit card, because of the incredibly generous cash back and low fees, the excellent rewards, the top quality US customer service and much more. Also, the 18-month balance transfer has been well thought out, and there are also several protections and warranties that come with this card. Clearly, Discover It should be high up on your list if you’re in the market for a cash back credit card. Let’s discuss a bit more about the Discover It Card in this review.

Credit quality necessary applying for this card:

$0 Variable* 10.99% — 22.99% Intro APR: 0%
Intro period: 6 months
Intro APR: 0%
Intro period: 18 months


Discover It has a very generous cash back program. For each purchase you make using Discover It card, you earn extra cash back, up to as much as 1% on all regular purchases. You may redeem the rewards earned by the cash back program anytime you like. The big advantage is that there is no minimum requirement for redemption. The rewards earned may be deposited into a bank account or left on the credit card balance, as per your wish. Using Discover It, it is also possible to redeem the cash back earned on gift cards from several vendors.

According to a huge benefit for balance transfers, we are giving a big plus to this card for also a generous reward program, which provides a 5% cashback in only popular categories like groceries, gas, restaurants, movies etc. Those categories rotates each quarter of the year, and signing up for the program each time is free and easy. An unlimited of 1% cashback on any purchases applies as well.

Free monthly report

Another great advantage of the card is that it offers FREE monthly statement on your credit, so that you can track and plan it carefully each month. FICO credit score is frequently used piece of information which lenders review, usually for making a credit decision about you. This information is an oppurtunity for you to stay on top of your credit.

Annual Percentage Rate

Discover It card offers an introductory APR of 0% on balance transfers for the first 18 months and on purchases for the first 6 months. The intention here is to reward new card holders for taking a chance with this card. After this introductory period, a variable purchase APR will be applied, which will be around 10.99% to 22.99% and largely depends on your Credit Score.

Balance Transfer

With Discovery It, there is an introductory offer for new card holders that offers 0% APR on balance transfers for the initial 18 months. This should be used to pay down any existing debt. The balance transfer fee is 3%, which may seem high, but it’s much better than to have balance on other credit cards and to pay interest on them, each month.


The big advantage of Discover It card is that there is no annual fee on it, so money is saved each year you own this card. Worth to mention that carrying this card is very affordable, since there is no foreign transaction, no annual and no over-limit fees. Also, the Discovery is very lenient when it comes to late payments on the Discovery It card as there are no late fees that are charged and neither is the card APR increased because of late payments.

Warranties and Protections

Discover It offers an extended warranty of 1 year on purchases, and a return guarantee, which means, refunding the cost of eligible purchases up to $500, if they are returned within 90 days. There is a purchase protection which protects purchases from theft and damage for 90 days, for up to $500 and a price protection which allows you to find a lower price on an eligible item within 90 days of the purchase.

Fraud protection is guaranteed by the $0 fraud liability policy which means you won’t be held accountable for any unauthorized purchases made on your account. There are travel insurances such as flight accident insurance, auto rental insurance, and baggage delay insurance as well.

Customer Service

Discover It offers excellent customer service, with a US based 24/7 live customer support, which not all credit card companies could boast of. The customer service team is well trained and is based in the United States, which is a major advantage.

  • Great Cash Back Program
  • FICO® Credit Score
  • User Friendly Website
  • Flexible Bill Payment
  • No annual fee, no foreign transaction fee, no overlimit fee and no late fee for the first late payment
  • No Sign-up Bonus
  • Not accepted everywhere