Compare it with the Discover it® Cash Back
If you like most of what the Discover it® chrome has to offer, but want the opportunity to earn a higher cashback rate in a variety of spending categories, you may want to look at the Discover it® Cash Back instead.
The Discover it® Cash Back card offers the same annual fee, cashback match bonus, intro APR on purchases and balance transfers and benefits as the Discover it® chrome. But instead of a flat cashback rate on gas stations and restaurant purchases up to $1,000 per quarter, the Discover it® Cash Back card offers cash back in popular categories that rotate quarterly.
Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate, 1% unlimited cash back on all other purchases - automatically. The quarterly maximum is $1,500, allowing you to earn up to $75 cash back in the 5% categories each quarter. Purchases over $1,500 in the bonus categories earn an unlimited 1% cash back.
With the Discover it® Cash Back card, you have the potential to earn much more cash back each year if you max out the card’s bonus spending limit.
For example, if you make $1,500 in purchases in the 5% bonus category each quarter, you’ll earn $300 cash back in one year. That amount increases to $600 during the first year of card membership once you add in the cashback match bonus. Just remember that you’ll only earn 1% cash back on purchases made outside of the bonus categories and after hit you the $1,500 limit for purchases that earn the higher cashback rate. Additionally, you must opt into the bonus categories each quarter to earn the higher rate on those purchases.