Discover How to Apply for the Discover It Cash Back Credit Card
The Discover It Cash Back card is an excellent choice for managing everyday expenses, providing a generous 5% cashback reward. Interested in applying?
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 select categories that change every three months!
The Discover It card allows you to earn up to 5% unlimited cash back on select categories that change every three months!
The 5% cash back comes through the Discover Cashback Calendar.
Every three months, the bank unveils a list of eligible categories for the 5%, often changing to include common spending categories.
Discover It has designated categories like supermarkets, pharmacies, gas stations, streaming services, and travel. For other purchases, you earn 1% cash back.
There are several ways to redeem your cash back, including direct deposits to your bank, statement credits, or using it for purchases on Amazon.com and PayPal.
Moreover, at the end of the first year, the card offers an unlimited dollar-for-dollar match on all cash back you’ve earned.
For example, if you earn $300 in cash back, you’ll get another $300 as a bonus at the end of the first year.
No enrollment is required for the Cashback Match; just use the card, and the unlimited match will be automatically applied.
If you think Discover’s Cash Back could enhance your daily spending, keep reading!
Eligibility Criteria
Discover has certain criteria such as being a legal resident of the U.S. with an active bank account and Social Security number.
You must also be at least 18 years old, or 19 in some states.
It’s essential to provide proof of your annual earnings, as this significantly impacts the assessment of your credit limit.
Those with good to excellent credit are more likely to be approved for the Discover It Cash Back card, typically indicated by credit scores between 670 and 850.
For those still working on their credit score, it’s advisable to focus on enhancing it. There are numerous cards designed specifically for this purpose that can help.
What is the Application Process for the Discover It Cash Back Card?
To start your application, visit Discover’s website and click on the “Apply Now” button.
The first step involves entering key details, including your ZIP code, the last four digits of your Social Security number, and your date of birth.
As the application moves forward, you might need to provide more contact information and details about your income, such as your full name, address, email, phone number, and monthly income.
During the application, you may need to submit documents supporting your claims, like proof of income and residency, including recent pay stubs and bank statements.
After completing the form, Discover will perform a thorough examination of your credit line, which involves checking your credit score.
Additional Information
The 0% APR introductory offer lasts for 15 months on purchases and 3% on balance transfers. After this period, the standard variable APR will range from 17.24% to 28.24% for purchases and 5% for balance transfers.
One standout aspect of Discover is its offering of 25 distinct card designs for users to select from, along with a notably quick application process.
The Discover card also includes valuable features like online privacy safeguards to protect your data, which can be easily activated through the Discover app.
If your card is lost or stolen, you can quickly freeze all transactions using the Freeze It feature available via the app or website.
Additionally, cardholders enjoy protection against unauthorized transactions made with the card.
Interested in exploring another option?
If you’re looking for a balance transfer service to help manage your debts, Discover It has a card designed just for that.
This card also offers features that enhance security and dependability, plus you can find out how to apply.
