Cashback Match As a new cardmember, get an unlimited dollar-for-dollar match on all of the cash back you've earned at the end of your first year, automatically5. There's no signing up. And no limit to how much we'll match. With your Discover it card, you automatically earn unlimited 1% cash back on all purchases.

You can redeem your matched Discover rewards in the same ways as all other rewards you've earned, including gift cards, statement credits, cash back, purchases on Amazon.com, and donations to Discover's charity partners.

We calculate your Cashback Bonus by multiplying your eligible Program Purchases by 5% (. 05). These rewards are added to your rewards balance within 2 billing periods. In order for a purchase to qualify for the 5% Cashback Bonus Program, the purchase date must be before or on the last day of the quarterly program.

Discover offers cash back and Miles rewards. If you're looking for a cash back rewards credit card, consider a cash back rewards card like the Discover it® Cash Back card, which lets you earn 5% cash back on everyday purchases at different places each quarter, up to the quarterly maximum when you activate.

Key Takeaways. Although the credit card network industry is dominated by Visa and Mastercard, smaller players like Discover share a piece of the pie. Discover launched its credit card with cashback rewards and no annual fees in 1986. Its cashback rewards remain among the highest in the industry.

Introduction. The Discover it® Cash Back is a great first jump into rewards-earning credit cards. The card offers solid rewards: Earn 5% cash back on everyday purchases at different places each quarter up to a quarterly maximum of $1,500 in spending when activated.

Key Takeaways. Cash back refers to a credit card benefit that refunds the cardholder's account a small percentage of the sum spent on purchases. Cash back rewards are actual cash that can be applied to a credit card bill or received as a check or bank account deposit.

The card features a unique sign-up bonus for new cardholders, which Discover phrases this way: "INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you've earned at the end of your first year!

Cashback Match is based on how much you earned during the first year. When/how much you redeem during the year makes no difference. Yes, I always apply my cash back to my statement balances every month. Still got the match at the end of my first year with them.

Discover is a consumer credit card brand known for its cash-back rewards program and reduced fee structure. Discover Financial issues its cards directly to its customers without using intermediate bank issuers and thus profits directly from the interest earned on their credit card balances.

Reasons Discover is a Good Credit Card Company: Discover has cards for people of all credit levels, from bad to excellent. Discover cards do not charge annual fees or foreign transaction fees. All Discover cards match your first year's rewards. Discover has highly regarded customer service.

Discover is the third largest credit card brand in the U.S. based on the number of cards in circulation, behind Visa and Mastercard, with 57 million cardholders.