Discover it® Cash Back
A no-fee card with 5% rotating categories and a first-year Cashback Match that doubles everything you earn. Annual fee: $0. Welcome offer: $200 + Cashback Match after $500 in the first 3 months.
Welcome offer
| Offer | $200 + Cashback Match |
|---|---|
| Spend requirement | $500 |
| Time window | first 3 months |
| Expiration | No end date stated |
The $200 is now also on referral links per Doctor of Credit (Oct 22, 2026). Cashback Match doubles your first-year cash back, with no cap.
Offers may vary by applicant, channel, referral link and targeting. The offer on the issuer's own application page is the one that applies.
Earning rates
| Category | Rate | Notes |
|---|---|---|
| Rotating quarterly categories (activation required) | 5% | Up to $1,500 in purchases per quarter. |
| Everything else | 1% | |
| Q4 2026 categories | 5% | Restaurants, entertainment and utilities (Frequent Miler) |
Rotating 5% categories not counted; first-year Cashback Match doubles the total.
Benefits and credits
Other benefits
- 0% intro APR for 15 months.
Restrictions
No special restrictions beyond the issuer's standard approval and bonus-eligibility rules.
Strategies
Best categories: 5% at rotating quarterly categories (activation required); 1% at everything else.
Compare with: Chase Freedom Unlimited®, Chase Freedom Flex®, Citi Double Cash® Card, Blue Cash Preferred® Card from American Express. Or try the Best Card Finder with your own spending.
Sources and freshness
Offer from Doctor of Credit; categories from Frequent Miler.
Last updated: . Verification status: checked against the sources above.