Discover it Cash Back
Discover · Cashback · Statement Credit
This comprehensive guide covers the Discover it Cash Back's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The Discover it Cash Back from Discover offers cashback rewards credited directly to your statement at 5% (up to $1,500 per cycle). Top earning categories include 5% cash back on rotating quarterly categories and more. This card has no annual fee.
Best for: Grocery, Dining, Fuel, Online Retail
Reward Examples
Spend $1,000 on Grocery → earn $50 (5%) · 5% cash back on rotating quarterly categ
Spend $1,000 on General online → earn $10 (1%) · 1% cash back on all other purchases
Official product page → Official rules →
Waiver: No annual fee
Reward Rules
- 5% 5% cash back on rotating quarterly categories (cap: $1,500)
- 1% 1% cash back on all other purchases
Important Notes
- 5% categories rotate quarterly and require activation; capped at $1,500 spend per quarter (then 1%).
- Discover matches all cash back earned in the first year (Cashback Match).
- Typical Q1: grocery stores, Q2: restaurants & gas, Q3: Amazon & streaming, Q4: rotating categories.
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
Discover it Cash Back vs Similar Cards
- Alliant Cashback Visa® Signature Card — 3% top rate · $0
- Alliant Platinum Visa® Card — 2% top rate · $0
- Blue Cash Everyday Card from American Express — 3% top rate · $0
Maximize Your Rewards
To earn the highest rewards, use the Discover it Cash Back for its bonus categories: Grocery, Dining, Fuel, Online Retail, Transit.