Discover is a card issuer as well as a payment network, similar to American Express. Despite being the newest payment network, it is renowned for its top-notch customer support. In fact, Discover was once again ranked first in J.D. Power’s credit card customer satisfaction survey in 2019, where it had consistently placed.
Discover Bank, which provides checking and savings accounts, personal loans, home equity loans, student loans, and credit cards, is owned and operated by Discover Financial Services, an American provider of financial services. In addition, it owns Diners Club International and runs the Discover and Pulse networks.
Discover has several credit cards available for regular consumers, travelers, students, and business owners. The Discover brand is also well-known for its credit cards’ excellent customer service and absence of annual fees. In order to help you choose which Discover card to keep in your wallet, we took into account rewards programs, extras, and other factors to identify the top Discover credit cards.
Some Of The Best Cards By Discover
|Card Name||Best For||Credit Score||Annual Fee|
|Discover it Secured Credit Card||Best secured Discover Card||New/Rebuilding Credit||Nil|
|Discover it Cash||Best Discover Cash Back Card||Excellent/Good||Nil|
|Discover it Student Cash Back||Best Discover Student Card||Fair/New to Credit||Nil|
|Discover it Miles||Best Discover card for Traveling||Excellent/Good||Nil|
Top 4 Discover Credit Cards
Discover it® Secured Credit Card
One of our top recommendations for people who need to establish a credit history is the Discover it® Secured Credit Card. Although there is a deposit required (which grows to be equivalent to the cardholder’s credit limit), it is one of the few options in its class that gives respectable rewards without an annual charge.
Rewards: Up to $1,000 in combined quarterly expenditures at gas stations and restaurants get 2% cash back. Plus, get 1% cash back on any additional purchases without restriction.
Welcome Bonus: Unlimited Cashback Match – At the end of the first year, Discover will automatically match all cash back earned.
Annual Cost: 0$
Other Advantages and Drawbacks: Starting at seven months, Discover will assess your account to see if an upgrade to an unsecured account is possible.
Discover it® Cash Back
Big spenders and those who can make the most of the Discover it® Cashback 5% cash back categories can earn a lot of cashback, especially in the first year.
Rewards: When activated, receive 5% cash back on regular purchases made at various locations every quarter, up to a quarterly spending cap of $1,500. Additionally, automatically receive limitless 1% cash back on all other purchases.
Welcome Offer: At the end of the first year as a card member, Discover will automatically match all cash back earned. There is no such thing as a minimum or maximum prize amount.
Annual Cost: 0$
Other Advantages and Drawbacks: Historically, Discover it® Cash Back’s cash back categories have included dining establishments, pharmacies, supermarkets, gas stations, Amazon, and other places where Americans typically spend money. For 15 months, the card’s introductory APR on purchases and qualifying balance transfers is 0%. A standard rate of 14.24%–25.24% variable is then applicable. A fee of up to 5% of the transferred amount is charged for balance transfers.
Discover it® Student Cash Back
Discover it® Student Cash Back is similar to the Discover it® Cash Back. The primary distinction is? Students with little to no credit history are the target market for it.
Rewards: Up to the quarterly maximum once activated, receive 5% cash back on regular purchases at various locations each quarter, including Amazon.com, supermarkets, restaurants, petrol stations, and when paying with PayPal. Additionally, receive 1% cash back on every additional transaction without restriction.
Welcome Offer: Unlimited Cashback Match – At the end of the first year, Discover will automatically match all Cashback earned.
Annual Cost: 0$
Other Benefits and Drawbacks: The Discover it® Student Cash Back gives a 0% initial APR on purchases for 6 months before the usual variable purchase APR of 15.24% – 24.24% takes effect. This is in addition to the rewards and Cashback MatchTM.
Discover it® Miles
The Discover it® Miles program awards miles rather than conventional cash back. Since each Mile is worth one cent, they function similarly to cashback.
Rewards: 1.5 miles for each $1 spent
Welcome Bonus: All miles accrued by brand-new cardholders during the first year are unlimitedly matched.
Annual Cost: 0$
Other Advantages and Drawbacks: For the first 15 months following account establishment, the Discover it® Miles offers a 0% introductory APR on purchases and balance transfers. A variable APR of 14.24% to 25.24% is then in effect. A fee of up to 5% of the transferred amount is charged for balance transfers.
This card may be a better option for prospective cardholders who don’t want to keep track of bonus spending categories or spend heavily in classes that are otherwise not bonused because it earns miles at a flat rate of 1.5 miles per dollar of every purchase—as long as travel redemptions are a worthwhile goal for the cardholder.
Frequently Asked Questions
1. Which is the best Discover Credit Card?
Ans. Only you know which Discover credit card is the best fit for you. When choosing the best credit card for you, you’ll need to decide whether you need one that offers certain advantages over others or rewards based on specific or general spending.
2. Does Discover raise the credit limit?
Ans. If you hold a Discover card, Discover will routinely consider your account when increasing your credit limit. Call the number on the back of your card to request an account evaluation if you require a greater credit limit.
3. What is the minimum payment on a Discover card?
Ans. Always pay a card in full at the end of each payment period. Discover charges a minimum payment of $15 plus new interest and late fees, or $35 or 2% of the card balance, whichever is larger. Your entire balance is due if it is less than $35.