Discover · Good credit
Discover it Cash Back
Rotating 5% categories plus a first-year Cashback Match, with no annual fee and no foreign transaction fee.
Welcome bonus
Cashback Match: Discover matches all cash back earned in the first year, unlimited, no minimum spend.
Terms & pricing
- Annual fee
- $0Rates & fees
- Purchase APR
- 17.49%–26.49% variable APRRates & fees
- Intro APR on purchases
- 0% for 15 monthsRates & fees
- Balance transfer
- 0% for 15 months, 3% feeRates & fees
- Foreign transaction fee
- None
- Welcome bonus value (est.)
- $300Rates & fees
- Est. first-year value
- $600
- Est. ongoing annual value
- $280
Rewards (Cash back)
5% back on Quarterly Rotating Categories
Up to $1,500 per quarter
Requires activation each quarter
1% back on All Other Purchases
Benefits & protections
No added benefits.
What we'd flag
- Categories must be activated each quarter
- 5% rate capped at $1,500 in quarterly spend
Where these numbers come from
Terms retrieved Sep 3, 2026 and verified Sep 3, 2026 by CardLoupe owner review.