In Discover, what is a Cashback Match?

By: Sr vini

 With Cashback Match, Discover automatically matches all the cash back new cardmembers have earned at the end of their first year on their credit card.

Discover will apply the match after the first 12 consecutive billing cycles, within the following one or two billing cycles.

How do I use Discover cashback match?

Redeem your Cashback Bonus in any amount, anytime from one of these redemption options:

CASH – Deposit into your bank account or pay your Discover bill.

PAY WITH CASHBACK BONUS® – Use at checkout at

GIFT CARDS – Get at least $5 free added to each card at over 100 popular brands, starting at $20.

Does discover cashback match expire?

INTRO OFFER: Discover will match ALL the cash back you’ve earned at the end of your first year, automatically. There’s no signing up. Redeem cash back any amount, any time. Rewards never expire.

Is Discover cashback worth it?

First-year-rewards match is it’s best feature.

For a limited time, the Discover it Cash Back will double your first-year earnings. That’s a great deal, worth an extra $525 to the average person, according to our calculations. But it’s not unique, as all of Discover’s rewards cards currently have this promotion.

Does Discover Card give cashback on all purchases?

NHL® Discover it® card

Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com4 and more, up to the quarterly maximum, each time you activate. Plus, earn unlimited 1% cash back on all other purchases — automatically.

Is there a limit on Discover cashback?

No, there is no limit to the overall amount of Cashback Bonus you can earn, and you always earn cash back on every purchase. The 5% Cashback Bonus program does have a quarterly maximum and other special promotions may also include a cap.

How do you redeem cash back rewards?

Ways to redeem cash back

The mechanism by which you receive your cash from your reward card might differ slightly, depending on the bank issuing the card. Typically, you have to contact the issuer online or by phone and request a check, a direct deposit into a bank account or a statement credit.

Is discover it cash back a good card?

Discover has not endorsed this content in any way. The Discover it Cash Back Credit Card is quite popular. Since this card has no annual fee that means you can earn quite a profit. You’ll get a 14-month 0% intro APR for purchases and balance transfers, which is fairly good for cards like these.

How do I use my Discover cashback on Amazon?

Go to the Amazon “Cashback Bonus from Discover” page and click “Get Started.” You will see the Amazon Sign In page. Go ahead and sign in to your Amazon account. After you’ve signed in, you’ll be taken to the Enroll a New Card page.

What credit score is needed for Discover Card?

Sources Suggest a Minimum 648 FICO Score

For Discover it® cards, most reports indicate a FICO score between 680 and 720 should get you a good offer. One myFICO user reports being approved with a credit score of 648, suggesting Discover may have more flexible credit score requirements.