The 6 best Discover credit cards of 2022

The 6 best Discover credit cards of 2022

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The champion Discover recognition cards person immoderate features and rewards that whitethorn astonishment you, including a dollar-for-dollar lucifer connected each currency backmost earned astatine the extremity of your archetypal twelvemonth and lucrative rewards. Known for its outstanding lawsuit work and creating America's archetypal cashback rewards program, Discover has a paper for everyone.

Discover recognition cards are a large mode to gain rewards and concern caller purchases. Since its inception successful 1986, Discover has go 1 of the astir recognized paper issuers successful the US.

In examination to Discover's largest recognition paper competitors, its strengths see currency rewards, and beardown lawsuit service. Discover's recognition paper concern hones successful connected its reward programs and merchant acceptance to enactment competitive.

If you're looking for a lengthy 0% APR intro play oregon worthwhile currency backmost rewards, it mightiness beryllium worthy considering a Discover recognition card. 

Check retired the champion Discover recognition paper offers below:

Intro BonusIntro Offer: Unlimited Cashback Match - lone from Discover. Discover volition automatically lucifer each the currency backmost you’ve earned astatine the extremity of your archetypal year! There’s nary minimum spending oregon maximum rewards. You could crook $150 currency backmost into $300.

APR12.24% - 23.24% Variable

Recommended Credit Excellent/Good

Reward Rates

  • Earn 5% currency backmost connected mundane purchases astatine antithetic places each 4th similar Amazon.com, market stores, restaurants, state stations and erstwhile you wage utilizing PayPal, up to the quarterly maximum erstwhile you activate.
  • Earn 1% unlimited currency backmost connected each different purchases – automatically.

Annual Fee$0

Intro Purchase APR0% for 6 months

Intro Balance Transfer APR0% for 18 months

Balance Transfer Fee 3% intro equilibrium transportation fee, up to 5% interest connected aboriginal equilibrium transfers (see terms)*

Balance Transfer APR12.24% - 23.24% Variable

Late Payment Fee None the archetypal clip you wage late. After that, up to $40.

Foreign Transaction Fees None

  • Earn 5% currency backmost connected mundane purchases astatine antithetic places each 4th similar Amazon.com, market stores, restaurants, state stations and erstwhile you wage utilizing PayPal, up to the quarterly maximum erstwhile you activate.
  • Earn 1% unlimited currency backmost connected each different purchases – automatically.

Who should get it: If you're looking to refine your finances and get a paper with intro APR connected transferred balances for 18 months, the Discover it Balance Transfer paper could assistance you wage down a balance.

How to usage it: Transfer your highest APR balances archetypal to halt accruing involvement charges and wage down your equilibrium arsenic overmuch arsenic imaginable during the card's 18-month intro period. Once you person paid disconnected your transferred balance, you tin bask 5% cashback (up to a quarterly maximum of each clip you activate) connected a enactment of purchases that changes quarterly. All different purchases suffice for 1% unlimited cashback.

Bonus categories see groceries, gym memberships, Amazon purchases and restaurants, among others. Keep successful caput cardholders request to activate the 5% currency backmost categories each quarter.

Why you'll emotion it: Who doesn't admit 18 months of nary involvement for equilibrium transfers? The Discover it Balance Transfer paper offers a impermanent solution to accumulating recognition paper debt, successful summation to a important rewards program.

Things to consider:

  • 3% intro equilibrium transportation fee 
  • Up to 5% interest connected aboriginal equilibrium transfers
  • Caps connected rotating bonus rewards per quarter

Pro tip: The Discover it Balance Transfer paper matches each the cashback you gain astatine the extremity of your archetypal year, positive a 1% complaint connected everything else.

Intro BonusIntro Offer: Unlimited Cashback Match - lone from Discover. Discover volition automatically lucifer each the currency backmost you've earned astatine the extremity of your archetypal year. There's nary minimum spending oregon maximum rewards. You could crook $150 currency backmost into $300.

APR12.24% - 23.24% Variable

Recommended Credit Excellent/Good

Reward Rates

  • Earn 5% currency backmost connected mundane purchases astatine antithetic places each 4th similar Amazon.com, market stores, restaurants, state stations and erstwhile you wage utilizing PayPal, up to the quarterly maximum erstwhile you activate.
  • Earn 1% unlimited currency backmost connected each different purchases – automatically.

Annual Fee$0

Intro Purchase APR0% for 15 months

Intro Balance Transfer APR0% for 15 months

Balance Transfer Fee 3% intro equilibrium transportation fee, up to 5% interest connected aboriginal equilibrium transfers (see terms)*

Balance Transfer APR12.24% - 23.24% Variable

Late Payment Fee None the archetypal clip you wage late. After that, up to $40.

Foreign Transaction Fees None

  • Earn 5% currency backmost connected mundane purchases astatine antithetic places each 4th similar Amazon.com, market stores, restaurants, state stations and erstwhile you wage utilizing PayPal, up to the quarterly maximum erstwhile you activate.
  • Earn 1% unlimited currency backmost connected each different purchases – automatically.

Who should get it: The Discover it Cash Back is perfect for cardholders looking for an easy-to-earn invited bonus with nary minimum spending request and the quality to gain cashback from rotating bonus categories.

How to usage it: With the Discover it Cash Back, you tin gain up to 5% cashback each 4th astatine assorted places, including market stores, restaurants, state stations, prime rideshares and online shopping, up to the quarterly maximum erstwhile you activate. Plus, gain unlimited 1% cashback connected each different purchases.

Why you'll emotion it: The Discover it Cash Back volition automatically springiness a dollar-for-dollar lucifer connected each cashback rewards astatine the extremity of your archetypal year, and there's nary spending requirement. If you're looking for a straightforward instrumentality connected your spending, the Discover it Cash Back paper could beryllium a cleanable match.

Things to consider:

  • Limit connected however overmuch you tin earn
  • Rotating bonus categories necessitate activation
  • Discover isn't arsenic wide accepted arsenic cards successful the Visa oregon Mastercard network

Pro tip: With Discover it Cash Back, your cashback ne'er expires. Redeem your rewards successful immoderate magnitude astatine immoderate time.

Intro BonusIntro Offer: Unlimited Cashback Match - lone from Discover. Discover volition automatically lucifer each the currency backmost you've earned astatine the extremity of your archetypal year! So you could crook $50 currency backmost into $100. Or crook $100 into $200. There's nary minimum spending oregon maximum rewards. Just a dollar-for-dollar match.

APR13.24% - 22.24% Variable

Recommended Credit Fair/New to Credit

Reward Rates

  • Earn 5% currency backmost connected mundane purchases astatine antithetic places each 4th similar Amazon.com, market stores, restaurants, state stations and erstwhile you wage utilizing PayPal, up to the quarterly maximum erstwhile you activate.
  • Earn 1% unlimited currency backmost connected each different purchases – automatically.

Annual Fee$0

Intro Purchase APR0% for 6 months

Intro Balance Transfer APR10.99% for 6 months

Balance Transfer Fee 3% intro equilibrium transportation fee, up to 5% interest connected aboriginal equilibrium transfers (see terms)*

Balance Transfer APR13.24% - 22.24% Variable

Late Payment Fee None the archetypal clip you wage late. After that, up to $40.

Foreign Transaction Fees None

  • Earn 5% currency backmost connected mundane purchases astatine antithetic places each 4th similar Amazon.com, market stores, restaurants, state stations and erstwhile you wage utilizing PayPal, up to the quarterly maximum erstwhile you activate.
  • Earn 1% unlimited currency backmost connected each different purchases – automatically.

Who should get it: The Discover it Student Cash Back recognition paper provides cashback rewards to students who walk successful communal categories similar market stores, restaurants, state stations, prime rideshares and online shopping, up to the quarterly maximum erstwhile you activate. If you're a student, you tin usage this recognition paper to marque the astir of your purchases successful rotating categories and gain up to 5% cashback and 1% connected each different purchases.

How to usage it: With the Discover it Student Cash Back, instrumentality vantage of the cashback astatine antithetic places each 4th similar market stores, restaurants, state stations, prime rideshares and online shopping, up to the quarterly maximum erstwhile you activate. Discover's spending instrumentality lets you spot wherever your wealth is going and amended your spending habits. Earn 5% cashback successful quarterly rotating categories aft activation, up to the quarterly maximum, and 1% cashback connected everything other -- automatically.

Why you'll emotion it: After utilizing the Discover it® Student Cash Back recognition paper for a year, cardholders get dollar-for-dollar matching connected each currency backmost earned astatine the extremity of the archetypal year.

Things to consider:

  • Activation required each 4th to gain bonus rewards
  • Lacks further features similar an extended warranty oregon acquisition extortion features
  • Spending whitethorn not align with quarterly categories

Pro tip: Discover it Student Cash Back volition enactment an other $20 successful your relationship each twelvemonth if your GPA is 3.0 oregon higher for up to 5 years.

Intro BonusUnlimited Bonus: Only Discover gives you an unlimited lucifer of each the Miles you've earned astatine the extremity of your archetypal year. For example, if you gain 35,000 Miles, you get 70,000 Miles. There's nary signing up, nary minimum spending oregon maximum rewards. Just a Miles-for-Miles match.

APR12.24% - 23.24% Variable

Recommended Credit Excellent/Good

Reward Rates

  • Earn unlimited 1.5x Miles for each dollar spent connected each purchases - with nary yearly fee.

Annual Fee$0

Intro Purchase APR0% Intro APR for 15 months

Intro Balance Transfer APR0% Intro APR for 15 months

Balance Transfer Fee 3% intro equilibrium transportation fee, up to 5% interest connected aboriginal equilibrium transfers (see terms)*

Balance Transfer APR12.24% - 23.24% Variable

Late Payment Fee None the archetypal clip you wage late. After that, up to $40.

Foreign Transaction Fees None

  • Earn unlimited 1.5x Miles for each dollar spent connected each purchases - with nary yearly fee.

Who should get it: The Discover it Miles recognition paper is for users who don't privation to beryllium held backmost by constricted redemption options, fees oregon blackout dates. With an extremity of first-year unlimited mile lucifer and coagulated rewards rate, this paper offers some short-term and semipermanent value.

How to usage it: At the extremity of your archetypal year, Discover volition lucifer each the miles you've earned automatically. For example, 35,000 miles turns into 70,000 miles. The much you earn, the much Discover volition lucifer it.

Why you'll emotion it: You tin redeem miles for cash, question oregon connection recognition with the Discover it Miles card. With a level rewards complaint large for mundane purchases alongside travel expenses, this paper provides worth beyond a emblematic question rewards card.

Things to consider:

  • Discover isn't utilized arsenic wide arsenic Visa oregon Mastercard
  • Users person to hold an full twelvemonth for bonus miles
  • Other cards connection a higher rewards rate

Pro tip: Discover doesn't person immoderate circumstantial question partners, meaning nary blackout dates and the quality to gain credits from immoderate airline, edifice oregon rental car agency.

Intro BonusIntro Offer: Unlimited Cashback Match - lone from Discover. Discover volition automatically lucifer each the currency backmost you've earned astatine the extremity of your archetypal year! So you could crook $50 currency backmost into $100. Or crook $100 into $200. There's nary minimum spending oregon maximum rewards. Just a dollar-for-dollar match.

APR13.24% - 22.24% Variable

Recommended Credit Fair/New to Credit

Reward Rates

  • Earn 2% currency backmost astatine Gas Stations and Restaurants connected up to $1,000 successful combined purchases each quarter.
  • Earn 1% unlimited currency backmost connected each different purchases – automatically.

Annual Fee$0

Intro Purchase APR0% for 6 months

Intro Balance Transfer APR10.99% for 6 months

Balance Transfer Fee 3% intro equilibrium transportation fee, up to 5% interest connected aboriginal equilibrium transfers (see terms)*

Balance Transfer APR13.24% - 22.24% Variable

Late Payment Fee None the archetypal clip you wage late. After that, up to $40.

Foreign Transaction Fees None

  • Earn 2% currency backmost astatine Gas Stations and Restaurants connected up to $1,000 successful combined purchases each quarter.
  • Earn 1% unlimited currency backmost connected each different purchases – automatically.

Who should get it: The Discover it Student chrome whitethorn beryllium a bully acceptable if you're a pupil who's looking for much power implicit the rewards you earn. This paper tin assistance you support way of your recognition people and amended recognize your spending habits.

How to usage it: Use this paper to dine retired with classmates oregon capable up your state vessel (up to $1,000 successful combined purchases each quarter). Cardholders gain 2% cashback astatine restaurants and state stations, up to $1,000 successful transactions each quarter. All different purchases gain unlimited 1% cashback.

Why you'll emotion it: After the extremity of the archetypal twelvemonth of utilizing the Discover it Student chrome, cardholders get each cashback matched, with nary bounds to however overmuch you earn. Students tin gain a $20 connection recognition each twelvemonth for up to 5 years aft utilizing the paper erstwhile they person a 3.0 GPA oregon higher.

Things to consider:

  • High APR aft the intro period
  • High APR for equilibrium transfers
  • No interest if your outgo is precocious the archetypal time, up to $40 interest aft that

Pro tip: No FICO past is required to use to the Discover it Student chrome, making it a cleanable enactment for students wanting to physique their credit.

Intro BonusIntro Offer: Unlimited Cashback Match - lone from Discover. Discover volition automatically lucifer each the currency backmost you've earned astatine the extremity of your archetypal year! There's nary minimum spending oregon maximum rewards. Just a dollar-for-dollar match.

APR23.24% Variable

Recommended Credit New/Rebuilding Credit

Reward Rates

  • Earn 2% currency backmost astatine Gas Stations and Restaurants connected up to $1,000 successful combined purchases each quarter.
  • Earn unlimited 1% currency backmost connected each different purchases – automatically.

Annual Fee$0

Intro Purchase APRN/A

Intro Balance Transfer APR10.99% for 6 months

Balance Transfer Fee 3% intro equilibrium transportation fee, up to 5% interest connected aboriginal equilibrium transfers (see terms)*

Balance Transfer APR23.24% Variable

Late Payment Fee None the archetypal clip you wage late. After that, up to $40.

Foreign Transaction Fees None

  • Earn 2% currency backmost astatine Gas Stations and Restaurants connected up to $1,000 successful combined purchases each quarter.
  • Earn unlimited 1% currency backmost connected each different purchases – automatically.

Who should get it: The Discover it Secured is large for radical who privation the champion of some worlds -- to physique their recognition and gain rewards. Unlike a prepaid oregon debit card, this is simply a existent recognition paper that lets you physique your recognition past with the 3 large recognition bureaus.

How to usage it: Discover it Secured paper offers the aforesaid reward features similar the Discover it chrome card, but you person to enactment down a information deposit arsenic collateral for the recognition paper account.

The minimum cardholders tin deposit is $200, up to $2,500. The deposit is refundable, pursuing six consecutive on-time payments, and provided the relationship was successful bully lasting for six months anterior to review.

Why you'll emotion it: The Discover it Secured paper puts wealth backmost successful your pouch portion you're trying to physique your credit. This paper offers a batch -- a refundable deposit and precocious interest forgiveness connected your archetypal precocious outgo and awesome cashback rewards successful fashionable spending categories.

Things to consider:

  • Security deposit required
  • Low $2,500 maximum recognition limit
  • Cashback rewards are capped each quarter

Pro tip: Starting astatine 8 months aft the relationship opening, Discover reviews the relationship to find if the information deposit tin beryllium refunded to the customer, and they postgraduate to an unsecured enactment of credit.

Are Discover recognition cards good?

Discover recognition cards tin beryllium considered a bully enactment based connected the promotions disposable for caller applicants. Discover volition lucifer the cashback that caller applicants gain astatine the extremity of their archetypal twelvemonth of paper membership.

It is worthy noting that Discover recognition cards are not arsenic wide accepted arsenic immoderate of their starring competitors, however. Similar to American Express, Discover cards tally connected their ain outgo processing network, antithetic from Visa and Mastercard, accepted by astir vendors.

Does Discover connection 5% cashback?

Discover's 5% Cashback Bonus programme offers let you to gain a 5% cashback bonus astatine antithetic places each 4th similar market stores, restaurants, state stations, prime rideshares and online shopping, up to the quarterly maximum erstwhile you activate. Plus, gain unlimited 1% cashback connected each different purchases. 

You indispensable activate your bonus currency backmost each 4th by enrolling online, done the mobile app oregon by calling 1-800-347-3085. You'll person entree to elaborate accusation astir eligible purchases and cashback limits erstwhile you activate.

What recognition people bash I request for a Discover recognition card?

You request a 700+ recognition people to get astir Discover recognition cards, but there's nary minimum recognition people needed for the Discover it® Secured paper oregon the Discover it Student Cash Back and Discover it Student chrome recognition cards. 

You tin suffice for the Discover it Secured Card with a recognition people beneath 640. And assemblage students don't request a recognition score, oregon recognition experience, to get 1 of Discover's 2 pupil recognition cards, Discover it Chrome for Students and Discover it Student Cash Back. 

However, you bash request bully oregon fantabulous recognition for each the different offers, including Discover it Miles and Discover it Cash Back, 2 of the astir fashionable options.

How is Discover cashback calculated?

Discover calculates your cashback astatine the extremity of billing periods. This calculation involves multiplying your Program Purchases by 5% (.05). 

These rewards volition adhd to your Cashback Bonus relationship wrong 2 billing periods.

How bash I redeem my Discover cashback?

Just travel these steps to redeem a Cashback Bonus:

  1. Log successful to your Account Center
  2. Select the Rewards enactment successful the navigation barroom and past prime "See All" from the drop-down menu.
  3. After you take "See All," you volition spot the redemption page, which volition archer you however overmuch Cashback Bonus you are eligible to redeem.
  4. Redemption options include:
  5. Gift cards with $5 escaped connected each card
  6. Donating to charity
  7. Depositing into your slope relationship oregon applying amounts to a Discover bill
  8. Once you determine what to redeem your Cashback Bonus for, take an enactment and spot it connected your order.
  9. Once you person chosen your options, presumption your order, confirm, and taxable it.

[This nonfiction was archetypal published connected The Simple Dollar successful 2020. It was updated successful March 2022.]