Introduction to Discover Credit Cards
Discover offers a variety of credit cards tailored to different financial needs and lifestyles. Whether you're looking for cash back rewards, travel benefits, or a card to help build your credit, understanding the different options can help you make an informed decision.
Cash Back Cards
Discover it® Cash Back
This flagship card offers impressive rewards:
- 5% Cash Back: Earn 5% back on rotating quarterly categories like Amazon.com, grocery stores, restaurants, and gas stations (activation required, up to quarterly maximum)
- 1% Unlimited Cash Back: Earn on all other purchases automatically
- Cashback Match: Get all cash back matched at the end of your first year
- No annual fee
Discover it® Chrome
Perfect for those who prefer simplicity:
- 2% cash back at gas stations and restaurants (up to $1,000 in combined purchases each quarter)
- 1% unlimited cash back on all other purchases
- No annual fee
Travel Rewards
Discover it® Miles
For frequent travelers seeking flexibility:
All purchases earn 1.5x miles, which can be redeemed at 1 cent per mile for travel purchases or cash back
- Miles Match: Discover matches all miles earned in your first year
- No blackout dates for redemption
- No annual fee
Student Cards
Discover it® Student Cash Back
Designed for college students building credit:
- Same 5% rotating categories as the regular Cash Back card
- Good Grade Reward: $20 statement credit each school year for 3.0+ GPA
- Free FICO® Score monitoring
- No annual fee
Credit Building
Discover it® Secured
Perfect for building or rebuilding credit:
- Reports to all three major credit bureaus
- 2% cash back at gas stations and restaurants (up to $1,000 in combined purchases quarterly)
- 1% cash back on all other purchases
- Minimum $200 security deposit required
Universal Benefits
All Discover cards include:
- No foreign transaction fees
- Free FICO® Score monitoring
- U.S.-based customer service
- First late payment fee waived
- Zero fraud liability
Fees and Interest Rates
- Late payment fee: Up to $40
- Balance transfer fee: 3% of the amount transferred
- Cash advance fee: 5% of the amount advanced
- Interest rate: 11.99% - 22.99% variable APR
Quick Reference Guide
| If You Want | Best Card Choice |
|---|---|
| Maximum rewards potential | Discover it® Cash Back |
| Simple rewards structure | Discover it® Chrome |
| Travel benefits | Discover it® Miles |
| Student benefits | Discover it® Student Cash Back |
| Credit building | Discover it® Secured |
For detailed information about these cards and current offers, visit Discover's official credit card page or their credit card comparison page.
Remember that approval odds and specific terms depend on your creditworthiness and other factors. Choose a card that aligns with your spending habits and financial goals while offering the rewards and benefits you value most.