The Pros and Cons of the Discover Card

The Discover it® Cash Back is a great rewards credit card for those who want to earn cash back on their purchases. This card offers 5% cash back on quarterly rotating spending categories and 1% cash back on all other purchases. There is no minimum cashback redemption, and Discover will automatically match all the cash back you’ve earned at the end of your first year. However, there are some downsides to this card. The 5% bonus cashback rate is limited to $1,500 per quarter in spending, and the bonus categories must be activated quarterly. Additionally, the card has a low 1% base reward rate on everything else. Overall, the pros outweigh the cons for this credit card.

The Discover it® Cash Back is a great rewards credit card for those who want to earn cash back on their purchases. This card offers 5% cash back on quarterly rotating spending categories and 1% cash back on all other purchases. There is no minimum cashback redemption, and Discover will automatically match all the cash back you’ve earned at the end of your first year. However, there are some downsides to this card. The 5% bonus cashback rate is limited to $1,500 per quarter in spending, and the bonus categories must be activated quarterly. Additionally, the card has a low 1% base reward rate on everything else. Overall, the pros outweigh the cons for this credit card.