Fact Check TRUE: Credit Card Gives up to 10% Cash Back
Discover it® Cash Back comes in as one of the best cash back cards in the market with up to 10% cash back rewards for the first year, double cash back on every purchase for the first year, an incredibly long 0% intro APR period, easy cash rewards redemption, and $0 annual fee.
We Have a Winner: One Of The Highest Paying Cash Back Card Has Arrived
The credit card wars of the last two years have been intense. Airlines, retailers, and banks alike have been duking it out for space in consumers’ wallets with offers of miles by the thousands and rewards by the truckload. The battle has now come to an epic finale: a card offering up to 10% cash back. An offering from Discover, the aptly named “It” card is finally here, but we don’t expect their sky-high offer to last long.
Nabbing Your Cash Back
Unlike most cards that reward customers with 1% in rewards, the Discover it® Cash Backcard gives double cash back on all purchases after the first year, plus generous bonuses on a rotating category of purchases. Cardholders get 5% cash back (up to $1,500 per quarter) with quarterly bonus offers on popular stores and categories like Amazon.com, wholesale clubs, and restaurants. When your cash back is doubled after the first year, it’s like earning 10% cash back!
It Gets Better: Your Year-End Bonus
Now here’s where the impressive gets downright eye-popping. At the close of your first year of membership, Discover will double your cash back. If you earned $2,500 in cash back in your first year, Discover will double it to a whopping $5,000. Those shopping trips in 5% bonus categories just became 10% reward paydays.
0% Interest + High Credit Limit = Balance Transfer Bonanza
Right now, Discover is sweetening the pot even further with 0% APR on purchases and balance transfers for the first 14 months. After that, APR remains a reasonable variable of 14.24% - 25.24% Variable on purchases & balance transfers. Oh, and the annual fee? $0. Cue the trumpets.
Apply now and earn 10% cash back
Advertiser Disclosure†
The credit card offers that appear on the website are from credit card companies which rewardpoints.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not include all credit card companies or all available credit card offers.