Discover How to Apply for the Discover It Cash Back Credit Card

Essential Insights Before Applying for the Discover It Cash Back Credit Card

The Discover It card allows you to earn up to 5% unlimited cash back on purchases from select categories updated every three months by Discover!

The Discover It card allows you to earn up to 5% unlimited cash back on purchases from select categories updated every three months by Discover!

The 5% cash back rewards are part of the Discover Cashback Calendar.

Every three months, Discover announces new eligible categories for the 5%, often including everyday spending categories to maximize your benefits.

Categories already selected by Discover It include supermarkets, pharmacies, gas stations, streaming services, and travel. Other purchases earn 1% cash back.

You can redeem your cash back in several ways: direct deposit to your bank, statement credit, or for purchases on Amazon.com and PayPal.

Moreover, the card offers an unlimited dollar-for-dollar match of any cash back earned during the first year.

For example, if you accumulate $300 in cash back, you’ll receive an extra $300 as a long-term bonus for loyal customers.

No need to enroll for Cashback Match; just use the card for purchases, and the match is automatically applied.

If you think Discover’s Cash Back could enhance your daily spending, keep reading.

Eligibility Criteria

Discover has specific eligibility criteria, including being a legal resident of the U.S., with an active bank account and a Social Security number.

You also need to be at least 18 years old, or 19 in some states.

When it comes to income, presenting proof of annual earnings is vital, as this factor significantly impacts the determination of your credit limit.

Getting approved for the Discover It Cash Back card is more likely for those with good to excellent credit, usually indicated by a credit score between 670 and 850.

Therefore, those who haven’t reached this level of creditworthiness should focus on enhancing their credit. There are various cards designed specifically for this purpose, offering good options.

How to Apply for the Discover It Cash Back Card?

To start the application process, head over to Discover’s website and click on the “Apply Now” button.

At the outset, the site will ask users to enter essential information, including their ZIP code, the last few digits of their Social Security number, and their birth date.

As the application moves forward, Discover might require extra contact information and income details, such as the applicant’s full name, address, email, phone number, and monthly income.

During this process, applicants may need to submit supporting documents, like proof of residency and income, such as recent pay stubs and bank statements.

Once the form is completed, Discover performs a thorough evaluation of the credit line, which includes checking the applicant’s credit score.

Additional Information

The introductory 0% APR lasts for 15 months on purchases and 3% on balance transfers. After this period, the standard variable APR will be between 17.24% and 28.24% for purchases and 5% for balance transfers.

A unique aspect of Discover is that it offers 25 different card designs for applicants to select from. Plus, the application process is impressively quick.

The Discover card also comes with benefits like online privacy protection features to keep your data secure, which can be activated through the Discover app.

If the card is lost or stolen, users can quickly block all transactions using the Freeze It function, which is accessible through an on/off switch in the app or on the website.

Additionally, cardholders enjoy protection against fraudulent charges for unauthorized transactions made with their card.

Interested in exploring another option?

If you’re seeking a balance transfer option to help manage your debts, Discover It has a card designed just for that.

This card also offers features that enhance security and trustworthiness, plus you can find out how to apply.

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