Discover IT Double Cash Back During the First Year, Who Should Apply for This?

DiscoverIt is now offering a promotion that double up the cash back you earn for the entire year. All you need to do is to sign up for one of the Discover IT cards that is eligible for the promotion. Those who are interested in test driving Discover credit card can sign up for this offer. Only new customers will be qualified to take advantage of this promotional offer.

topcreditcardsbanner1

Discover it is suitable for people who are looking for a card that does not charge an annual fee. The card is also suitable for people who frequently travel because you won’t have to pay foreign transaction fee when you shop overseas. The offer is also designed for people who are interested to earn a significant amount of cash back with just a small effort.

The card allows you to earn cash back at the normal rate during the first year. For example if you earn a cash back of $500 in between July 2015 to July 2016, this cash back amount of $500 will be credited into your account automatically after you repay the bill for the 12th month. As a result, you now earn twice cash back from your purchases. They do not impose any restriction on how much cash back you can earn.

The Discover it card is affiliated with the Discover it Miles card so you get to earn miles when you spend money. Using the Discover card regularly will reward you with a 5% cash back when you spend money on rotating quarterly bonus categories. The 5% cash back is only limited to the first $1,500 you spend on every quarter. You will earn 1% cash back for the rest of the purchases. There is no restriction on how many 1% cash back you can earn from your purchases.

You will still be able to earn a good rewards rate after the cash back promotion has ended. Besides, you will get to enjoy many other deals that Discover it offers. They recently launch a new FICO tracking tool so you can conveniently keep track of your FICO score. The FICO score is published on the credit card statement that is issued to you monthly. The card does not charge any annual fee.
You will not get charged with a late fee if you are late on making repayment. They also will not change the APR rate if you miss the payment by the due date.

In conclusion, you will be able to maximize the cash back rewards if you use the Discover it card to pay for your everyday purchases. The Discover it card is also suitable to be used as a secondary card that you just you use for buying items in the rotating categories.

Discover is one of the top card promotions in 2016, if you are looking for balance transfer promotions in 2016, then you may want to consider Chase or Citigroup as they have some great deals for almost two years at zero percent.