Discover it® Chrome Gas & Restaurant Card - Review



Earn 2% cash back on up to $1,000 per quarter in spending at gas stations and restaurants, and 1% back on all other spending — without having to 'activate' categories


INTRO OFFER:

  • Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.

  • Earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter.

  • Plus, earn unlimited 1% cash back on all other purchases - automatically.

  • Redeem your cash back for any amount, any time. Cash rewards never expire.

  • 100% U.S. based customer service.

  • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.

  • No annual fee.

Keep reading for more...

PROS
  • Bonus cash back categories

  • No annual fee

  • Intro APR period on Purchases and Balance Transfers

  • No foreign transaction fee


CONS
  • Requires good/excellent credit

  • Discover cards are not widely accepted outside of the U.S.


Bonus categories. With the Discover it® chrome, you get 2% cash back on restaurant dining and gas purchases, on up to $1,000 in combined spending each quarter, and 1% after that. All other purchases earn 1% cash back. Unlike with Discover's 5% cards, you don't have to "activate" these bonus rewards. They're always "on."


Double your cash back in the first year. The Discover it® chrome offers the same new-cardholder bonus as Discover's other cards: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.


A 0% introductory APR. If you're looking to make a major purchase, you'll have some time to pay it off interest-free. You get an introductory APR of 0% on Purchases and Balance Transfers for 14 months, and then the ongoing APR of 14.24% - 25.24% Variable APR.


Discover's perks. These include free access to your FICO score, 100% U.S.-based customer service, Social Security number monitoring, forgiveness for your first late payment (but try not to be late) and the ability to freeze and unfreeze your account if your card goes missing or your info is compromised.


A $0 annual fee. 


The top rewards rate is better than 1%, but still weak. Getting 2% cash back on gas and restaurants is better than 1% — and certainly better than nothing!


Bonus rewards are capped. If you drive a lot and eat out most nights, you could crash into the $1,000 quarterly ceiling on 2% rewards rather quickly. Most flat-rate cards, including those described above, don't place any limits on rewards.

An unconventional bonus. One great thing about Discover's new-cardmember bonus is that the more you spend, the bigger the bonus you ultimately get, meaning you're in control of your bonus. But you have to wait a year to get it.


Click here to read more and apply

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New York, NY |

izzy@besecurefinancially.com |

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