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Credit Card Reviews

Discover it® chrome: No Fuss Cash Back for Diners and Drivers

Discover it® chrome is a simple cash back credit card that offers additional rewards on gas and restaurant purchases. You earn 2% cash back on your first $1,000 spent at gas stations and restaurants, and 1% on other purchases all the time. You will receive 14 months of interest-free financing on new purchases. In addition, you'll get that same 14 months of 0% APR on balance transfers. After the promotional period, the standard rate of 13.99% to 24.99% variable will apply. And this card offers you a new cardholder bonus that's hard to pass up: Discover will match all your cash back after your first year with the card, with no limit.

Pros:

  • No annual fee
  • Extra cash back for gas and restaurants
  • Intro financing offer on both new purchases and balance transfers
  • Cash back matched on all spending in the first year

Cons:

  • Low quarterly spending cap for 2% cash back categories
  • May not be accepted in all countries outside of the U.S.
  • Need good to exceptional credit

Experian Review

This is a card for those who want a simple rewards program that gives them extra cash back for some of the purchases they make most frequently. For those who spend a lot of money commuting to work and eating out, the Discover it® chrome offers the chance to earn valuable cash back for both.

After your first year as a cardholder, Discover will automatically match the cash back that you've earned. This means that you could effectively receive up to 4% back on your dining and gas purchases, and up to 2% on all other purchases, once the cash back match is considered. And with its intro 0% APR financing (with a 3% balance transfer fee during the promotional period and 5% after that), it is also a card that you can use to help save money on interest charges.

Extra Cash Back at Restaurants and Gas Stations

The Discover it® chrome credit card offers enticing incentives and cash back rewards for eating out and filling your gas tank. You will earn 2% cash back on the first $1,000 in combined purchases at gas stations and restaurants each quarter, then 1% for purchases over the $1,000 quarterly limit and all other purchases. These categories don't change every quarter, and you don't have to register to receive your bonus cash back every month, as you do with some cards. Better yet, your cash back never expires, and you can redeem your rewards in any amount, and at any time, starting at one penny.

When it comes time to redeem your cash back rewards, you can choose from several options, including:

  • A credit to your account
  • An electronic deposit into any account you designate
  • Gift cards or instant e-certificates from Discover Card partners
  • Donations to select charities
  • Ability to pay with Cashback Bonus at select merchants

Double Cash Back in the First Year

A huge incentive for new cardholders is Discover's cash back match for the first year. Discover will automatically match all of the cash back that you've earned at the end of your account's first year. For this bonus, there is no need to register and no limit to how much is matched. You will earn double cash back the entire year once you open your card.

Here's how it works: After the first 12 consecutive billing periods that your new account is open, Discover will match all of the cash back rewards you've earned and apply them to your account within the following one or two billing periods. But if your account is closed or no longer in the cash back rewards program at the time Discover calculates your potential award, then your cash back will not be matched. This exclusive offer is available only to new cardmembers.

Long 0% APR Period for Purchases and Balance Transfers

The Discover it® chrome's 14-month 0% APR introductory term can be incredibly valuable. For example, if you need to make a big purchase, this introductory financing offer can allow you the time to plan and pay off the purchase interest-free before the standard interest rate begins to apply. And if you need to pay off an existing balance on another account, you can transfer it to your Discover it® chrome card and also enjoy 14 months of interest-free financing. During this time, you won't incur any new interest charges on your balance, so 100% of your payments will go toward paying down your principal. This allows you to pay off your balance sooner than you might be able to otherwise, while avoiding interest charges during the promotional financing period.

However, if this card's balance transfer offer is the most important feature to you, then you may find the Discover it® Balance Transfer card's 18-month offer to be more attractive, even though it only offers six months of 0% APR financing on new purchases, and it has a different rewards program.

Convenient Mobile Features

The Discover it® chrome also comes with a variety of digital features that add convenience and security to your card. For example, the "Freeze it" feature allows you to temporarily suspend your card's ability to make new charges. So if you misplace it or just want to turn it off for any reason, you can use Discover's mobile app or website to quickly freeze and un-freeze your card. During this time, you'll still make regular payments, and you'll have access to all of your account's other features and benefits.

The Discover card also offers you a free monthly FICO® Score* on your statement and on its mobile app. This score is based on your Experian credit report and can help you track and maintain your good credit history.

Discover it® chrome will alert you if your Social Security number is found on any of thousands of dark web sites. And new-account alerts will tell you if any new credit cards, mortgages, car loans or other accounts are opened on your Experian credit report.

Additional Info

Purchase APR: 13.99% - 24.99% variable based on your creditworthinessGrace Period: Your due date is at least 25 days after the close of each billing period (at least 23 days for billing periods that begin in February)
Transfer APR: 0% intro APR for 14 months from date of account opening; after that, the standard rate will applyAnnual Fee: $0
Cash Advance APR: 26.99%Balance Transfer Fee: Intro fee of 3% of the amount of each transfer that posts to your account by December 10, 2019, with the 0% intro APR balance transfer offer described above. After that, 5% of the amount of each transfer
Minimum Interest Charge: If you are charged interest, the charge will be no less than 50 centsCash Advance Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
Foreign Transaction Fee: None
Late Payment Fee: None the first time you pay late; after that, up to $39
Returned Payment Fee: Up to $39

Authorized-User Policy

You can add an authorized user to your Discover it® chrome at no additional cost and without a credit check. Repayment of charges made by the Discover it® chrome authorized users are the responsibility of the primary account holder. Authorized users must be 15 years of age or older, and Discover will verify the identity of the user, including his or her first and last name, address, date of birth and Social Security number. When you add a friend or family member as an authorized user to your Discover card, you may help them build a credit history with responsible use.

Is the Discover it® chrome Right for You?

If you're looking for a low maintenance, no-fee card to collect some cash back for gas, restaurants and other purchases, the Discover it® chrome card isn't a bad choice. While not giving the highest payout among cash back cards, the flat rate cash rewards offer convenience because you get them automatically with no registration or activation required.

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