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Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48%) and Mastercard (36%), but slightly ahead of American Express (7.5%).
Why we like this card: The Discover it® Cash Back card offers 5% cash back on up to $1,500 in combined quarterly purchases in various categories throughout the year (then 1%), 0% introductory APR ...
The Discover More card was designed for consumers who use credit in many different categories and provided them with more ways to earn cash back on their purchases. Following the 2007–2008 financial crisis , Discover received about $1.2 billion in bailout funds under the Troubled Asset Relief Program (TARP).
5 out of 5 Overall. Key Features. Variable cash back offers. Unique bonus program. No foreign transaction fees. Get Details. Discover it Cash Back is one of the best credit cards with no annual ...
3% cash back on dining, including takeout, and at drugstores. 1.5% cash back on everything else. 5% cash back on travel purchased through Chase. 14.99% to 23.74%. 0% for 15 months. $0. Groceries ...
Merchants do not offer cashback on credit card transactions because they would pay a percentage commission of the additional cash amount to their bank or merchant services provider, thereby making it uneconomical. Discover is a notable exception to the above. A customer with a Discover card may get up to $120 cashback if the merchant allows it.
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