Discover credit cards offer excellent ways to earn valuable rewards, and there are no annual fees to worry about. They aren\u2019t widely accepted abroad, but using Discover cards nationwide typically isn\u2019t an issue. There are also various cards to choose from, from cash-back cards to student cards.<\/p>\n Annual fee<\/p>\n $0<\/p>\n<\/li>\n Welcome offer<\/p>\n Discover will automatically match all the cash back you\u2019ve earned at the end of your first year, with no minimum spending requirement or maximum rewards cap<\/p>\n<\/li>\n Introductory APR<\/p>\n 0% intro APR on purchases and balance transfers for the first 15 months (variable APR applies after that)<\/p>\n<\/li>\n<\/ul>\n Rewards rate<\/p>\n Why we like it: <\/strong>The Discover it Cash Back is our top choice because it was the highest-ranking Discover card in the cash-back, 0% APR, balance transfer, and rewards categories. This is definitely due to its high-quality benefits and features, such as 0% intro APR offers, a generous welcome bonus, and an elevated rewards rate \u2014 all with a $0 annual fee.<\/p>\n Read our full Discover it Cash Back Credit Card review<\/em><\/strong><\/p>\n Benefits<\/p>\n Why we like it: <\/strong>The Discover it Miles is a straightforward travel rewards card that makes earning miles on any eligible purchase easy. You don\u2019t have to worry about different spending categories since you get 1.5x miles on all qualifying purchases. As a new cardholder, you can also take advantage of the generous Discover Match welcome bonus.<\/p>\n Read our full Discover it Miles review<\/em><\/strong><\/p>\n Annual fee<\/p>\n $0<\/p>\n<\/li>\n Welcome offer<\/p>\n Discover will automatically match all the cash back you\u2019ve earned at the end of your first year, with no minimum spending requirement or maximum rewards cap<\/p>\n<\/li>\n Introductory APR<\/p>\n 0% intro APR on new purchases for the first 6 months and 10.99% intro APR on balance transfers for 6 months from date of first transfer (issuer’s standard variable APR applies after that)<\/p>\n<\/li>\n<\/ul>\n Rewards rate<\/p>\n Why we like it: <\/strong>The Discover it Student Cash Back is essentially the same card as the Discover it Cash Back, but for students. This student credit card can be an excellent first credit card if you want to build credit. It can also give you immediate access to some of the best benefits in the Discover credit card lineup, including a high rewards rate and an unlimited Cashback Match at the end of your first year.<\/p>\n Rewards rate<\/p>\n Benefits<\/p>\n Why we like it: <\/strong>The Discover it Secured can be the right move if you\u2019re looking to build or rebuild your credit history. No credit score is required to apply, and you can receive the security deposit back with responsible use, such as no late payments. Discover will automatically review your account to see if you qualify to upgrade to an unsecured card and have your deposit returned.<\/p>\n Discover it\u00ae Chrome: <\/strong>This is a decent card for gas station and restaurant purchases, but we prefer the Discover it Cash Back in most cases.<\/p>\n<\/li>\n Discover it\u00ae Student Chrome Credit Card: <\/strong>This card could make sense if you\u2019re a student with many gas and restaurant purchases. However, we think the Discover it Student Cash Back is the better option because of its elevated rewards rate.<\/p>\n<\/li>\n NHL\u00ae Discover it\u00ae Credit Card: <\/strong>This card is basically the same as the Discover it Cash Back, but you can have your favorite NHL team on the front of it.<\/p>\n<\/li>\n<\/ul>\n Discover makes it surprisingly easy to compare its credit cards, as most share similar perks and benefits. You can expect to pay no annual fee, and there\u2019s a good chance any Discover card you\u2019re researching will have a decent or above-average 0% introductory APR offer.<\/p>\n Every Discover card also provides an Unlimited Discover Match or Unlimited Cashback Match. That means Discover will match all the miles or cash back you\u2019ve earned during your first year of card membership.<\/p>\n The primary difference between some Discover cards is the rewards rate. Most Discover cards earn cash back, but the Discover it Miles Credit Card earns miles. There are also different spending categories between certain cards, so that\u2019s worth comparing as you research.<\/p>\n The Discover Unlimited Cashback Match gives qualifying new cardholders an unlimited dollar-for-dollar match of the cash-back rewards earned at the end of their first card membership year.<\/p>\n That means if you earn $500 in your first year as a Discover cardholder, Discover will match that and give you another $500 in cash-back rewards.<\/p>\n Certain Discover credit cards, including the Discover it Cash Back, offer a 5% Cashback Bonus in different categories each quarter on up to $1,500 in purchases when you activate. Categories have included grocery stores, wholesale clubs, restaurants, select streaming services, and more.<\/p>\n Remember to activate this bonus each quarter to earn up to 5% cash back on purchases in applicable categories. The current categories are on the Discover rewards calendar.<\/p>\n After activating, you would need to spend $1,500 in a Cashback Bonus category to maximize your earnings. Maximizing your quarterly earnings with the Discover Cashback Bonus would net you $75 cash back. Doing this each quarter would net you $300 cash back per year.<\/p>\n Discover credit cards make sense if you:<\/p>\n Don\u2019t want to pay an annual fee<\/p>\n<\/li>\n Like straightforward rewards programs<\/p>\n<\/li>\n Prefer traveling domestically<\/p>\n<\/li>\n Want to take advantage of a 0% intro APR offer<\/p>\n<\/li>\n Generally prefer earning cash back over points or miles<\/p>\n<\/li>\n<\/ul>\n Discover cards don\u2019t offer premium travel benefits, such as airport lounge access, and Discover isn\u2019t as widely accepted as Visa or Mastercard in other countries. Better travel credit cards are available from other card issuers, but Discover has excellent cash-back, student, and secured options.<\/p>\n Discover is a U.S. bank established in 1986. It offers various financial products and services, including credit cards, bank accounts, and loans. As of December 31, 2024, the Federal Reserve listed Discover as the 27th-largest U.S. bank by consolidated assets.<\/p>\n In 2024, it was announced that Capital One would acquire Discover.<\/p>\n The Discover it Cash Back is the best credit card in the Discover lineup because of its high rewards rate, generous welcome bonus, and multiple 0% intro APR offers. It also has a $0 annual fee, making it an affordable option if you want a straightforward cash rewards credit card.<\/p>\n Discover\u2019s credit cards don\u2019t charge an annual fee, and they all offer the Unlimited Cashback Match or Unlimited Discover Match welcome bonus. This is unique to Discover cards and provides new cardmembers with a match of any rewards earned at the end of their first year of card membership.<\/p>\n All Discover credit cards have no annual fee.<\/p>\n Discover credit card benefits include:<\/p>\n No annual fees<\/p>\n<\/li>\n Rewards in the form of cash back or miles<\/p>\n<\/li>\n Multiple redemption options, including statement credits and gift cards<\/p>\n<\/li>\n Intro APR offers<\/p>\n<\/li>\n Unlimited Cashback Match the first year<\/p>\n<\/li>\n Free FICO score<\/p>\n<\/li>\n<\/ul>\n We used our existing credit card rubrics to see how Discover credit cards rank in different categories, including travel, cash back, student, and more. We created our list of the best Discover credit cards using the highest-ranking Discover cards.<\/p>\n We included all available Discover cards in our existing comparison rubrics and research. We did not include all available credit cards from every credit card company in our comparisons, but we included most credit cards from major credit card issuers.<\/p>\n The cards in our rubrics are ranked against each other according to multiple criteria, such as annual fees, rewards, interest rates, and other factors, which vary depending on the category.<\/p>\n Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to the Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank\u2019s website for the most current information. This site doesn’t include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.<\/em><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/figure>\n
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