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Chase Freedom® vs Discover it®

Compare Rewards, Interest Rates, Fees, and Benefits

Chase and Discover are CreditDonkey partners. We receive compensation if you apply and get approved for a card through links in our content. You support CreditDonkey by using our links. (read more)

Chase Freedom is an excellent cash back credit card for cardholders who pay in full. How does it compare to Discover It, a cash back and Balance Transfer credit card? Read our comparison chart below.

 Chase FreedomDiscover it
 Apply for Chase FreedomApply for Discover it
 

Chase Freedom®

Discover it®

 

Credit Card Summary

 
  • Earn a $100 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn a $25 Bonus after you add your first authorized user and make a purchase within this same 3-month period
  • 0% Intro APR for 15 months on purchases and balance transfers. After the intro period, a variable APR of 13.99-22.99%
  • 5% Cash Back on up to $1,500 in combined purchases between 1/1/15-3/31/15 at grocery stores (not including Walmart® and Target® purchases), movie theaters, and Starbucks® stores
  • You'll enjoy new 5% categories every 3 months like restaurants, gas stations, and Amazon.com. It's free and easy to activate your bonus each quarter!
  • Unlimited 1% Cash Back on all other purchases
  • No annual fee and rewards never expire as long as your account is open
  • 0% intro APR on balance transfers for 18 months - then a variable purchase APR applies, currently 10.99% - 22.99%. A 3% fee applies to each transferred balance.
  • 0% intro APR on purchases for 6 months. Then the variable purchase APR applies, currently 10.99% - 22.99%.
  • Over 5,000 cardmembers rated 4.8 out of 5 stars* and now Discover "Ranked Highest in Customer Satisfaction with Credit Card Companies in a Tie" by J.D. Power*.
  • 5% cashback in categories that change each quarter up to the quarterly maximum after you sign up for 5%. 1% cash back on all other purchases.
  • Free FICO® Credit Score on monthly statements, online and in our mobile app.*
  • No annual fee, no late fee for your first late payment - APR won't go up for paying late, no overlimit fee and no foreign transaction fee*.
  • Each Discover purchase is monitored. If it's unusual, you're alerted by e-mail, phone or text-and never responsible for unauthorized Discover card purchases.
  • *See rates, rewards, free FICO® Credit Score terms,balance transfer terms and other info by clicking "Apply."
 

Credit Card Interest Rates & Fees

Introductory APR for Purchases0% introductory APR for 15 months0% introductory APR for 6 months
Introductory APR for Balance Transfers0% introductory APR for 15 months0% introductory APR for 18 months
Purchase APR13.99% to 22.99% (Variable) based on your creditworthiness and other factors10.99% to 22.99% Variable* based on your creditworthiness and other factors
Balance Transfers APR13.99% to 22.99% (Variable) based on your creditworthiness and other factors10.99% to 22.99% Variable* based on your creditworthiness and other factors
Annual Fee$0 annual fee$0 annual fee
 

Credit Card Rewards & Benefits

Introductory Bonus Cash BackIntroductory Bonus Cash Back: Earn a $100 Bonus after you spend $500 on purchases in your first 3 months from account opening 
Cash Back RewardsCash Back Rewards: Unlimited 1% Cash Back on all other purchasesCash Back Rewards: 1% cash back on all other purchases
Bonus Cash BackBonus Cash Back: 5% cash back in new bonus categories every 3 months, on up to $1,500 in combined purchases. It's free and easy to activate your bonus each quarter.
Bonus Categories for 2014:
Q1 (January 1 – March 31, 2014): Gas stations, movie theaters and Starbucks® stores
Q2 (April 1 – June 30, 2014): Restaurants and Lowe’s® home improvement stores
Q3 (July 1 – September 30, 2014): Gas stations and Kohl’s®
Q4 (October 1 – December 31, 2014): Amazon.com, Zappos.com and select department stores

Bonus Categories for 2015:
Q1 (January 1 – March 31, 2015): Grocery stores (not including Walmart® and Target® purchases), movie theaters and Starbucks® stores
Q2 (April 1 – June 30, 2015): Restaurants and more
Q3 (July 1 – September 30, 2015): Gas stations and more
Q4 (October 1 – December 31, 2015): Amazon.com and more
Bonus Cash Back: 5% cash back on up to $1,500 in purchases in categories that change throughout the year (requires free and easy sign-up.)*
Bonus Categories for 2014:
January - March: 5% on up to $1,500 in purchases at Restaurants and Movies
April - June: 5% on up to $1,500 in purchases at Home Improvement Stores, Furniture Stores and Bed Bath & Beyond®
July - September: 5% on up to $1,500 in purchases at Gas Stations
October - December: 5% on up to $1,500 in Online Shopping and Department Store purchases
Limitations apply*. See Issuer's Website for additional program details.
 Go to issuer's official application, terms, and detailsGo to issuer's official application, terms, and details
 

CreditDonkey® Credit Card Reviews

 Chase FreedomDiscover it
Pros & ConsPros:
  • $100 bonus after you make $500 in purchases in your first 3 months
  • 5% bonus rotating categories
  • Full 1% cash back on all other purchases
  • 0% intro APR on purchases and balance transfers for 15 months
  • No annual fee
Cons:
  • 3% foreign transaction fee
Pros:
  • 5% bonus rotating categories
  • Full 1% cash back on all other purchases
  • 0% intro APR on balance transfers for 18 months
  • 0% intro APR on purchases for 6 months
  • No foreign transaction fee
  • No annual fee
Cons:
  • Some merchants don't accept Discover
Bottom LineExcellent cash back credit card for cardholders who pay in full... Read full reviewExcellent cash back credit card with no annual fee and low interest rate... Read full review
 Apply for Chase Freedom®Apply for Discover it®
What Others View

See issuer's website for details including terms and conditions. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. When you click on the Apply Now button, you can review the terms and conditions on the issuer's website.

Blank fields indicate either the information is not available, not applicable, or not known to CreditDonkey. Please visit the issuer's website for details.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

Which is Better: Chase Freedom or Discover It?

Still need help deciding which cash back credit card is better? Read the in-depth reviews below. You may also be interested in comparing Chase Freedom or Citi Double Cash Card.


Articles on Chase Freedom®

    Chase Freedom $100 Bonus Cash Back Review

    March 14, 2012 - By David R - Reviews for Chase Freedom
    With its sign-up bonus, rotating 5% cash back categories, and 0% introductory APR for 15 months on purchases and balance transfers, the card is one of the most popular no-annual-fee rewards cards. Read this Chase Freedom review to see if this cashback credit card fits your lifestyle.

    Editorial Note: This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Chase.


Articles on Discover it®

    Discover It Card Review: Cash Back Rewards and Balance Transfer Promotion

    Discover It Credit Card Review

    January 11, 2013 - By David R - Reviews for Discover It
    A generous cash back and 18-month balance transfer offer makes the Discover It Card the go-to card to keep more money in your pocket. When you consider the rewards, low fees, and good customer service, it’s pretty easy to see why Discover It is one of the most popular cash back credit cards available.

    Is Discover It a Good Credit Card

    October 31, 2014 - By Leah Norris - Reviews for Discover It
    Is Discover It worth it? The most popular offering by Discover can be well worth the application for the following 10 reasons. To round out this list, we’ll also give you 3 reasons why you might want to look elsewhere:

    Editorial Note: This content is not provided by Discover. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Discover.


Recent Mentions

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    Signing up for a new credit card is easy. Choosing the right one - the one that fits your spending habits - is the challenge. The experts at CreditDonkey are here to help you find the right choice, starting with the best deals from our partners.

    Study: Credit Cards for Online Shopping 2014

    To attract new customers, many credit cards offer special deals specifically for online shopping - and you could easily earn cash back and rewards just for buying things you’d be buying anyway.

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    So, you don't like annual fees and want to pick the card for you?

    Credit Card Rewards

    So you've decided you want to earn rewards for your spending but aren’t sure how to pick the right card? Compare rewards, annual fees, and benefits to determine the card for you. If you plan on carrying a balance, focus on low interest credit cards instead, because the interest cost will far exceed the rewards.

Compare Chase Freedom to:

Chase Sapphire Preferred Card

Chase Sapphire Preferred® Card

Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
N/AN/A
15.99% (Variable)
    Chase Slate

    Chase Slate®

    Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
    0% for 15 months
    0% for 15 months
    12.99%, 17.99%, or 22.99% (V)
      Blue Cash Everyday Card from American Express

      Blue Cash Everyday® Card from American Express

      Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
      0% on Purchases for 15 months
      0% on Balance Transfers for 15 months
      12.99% - 21.99% Variable
      Introductory Bonus Cash BackCash Back RewardsGas RewardsGrocery Rewards

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        Compare Discover It to:

        Citi Simplicity Card

        Citi Simplicity® Card

        Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
        0%* for 18 months*
        0%* for 18 months*
        12.99% - 22.99%* (Variable)
        Car Rental InsuranceExtended Warranty$0 Fraud LiabilityIdentity Theft Assistance
          TrueEarnings Card from Costco and American Express

          TrueEarnings® Card from Costco and American Express

          Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
          0% on Purchases for 6 months
          None
          15.24% Variable
          Cash Back RewardsDining RewardsGas RewardsEvents
            Citi Diamond Preferred Card

            Citi Diamond Preferred® Card

            Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
            0%* for 18 months*
            0%* for 18 months*
            11.99% - 21.99%* (Variable)
            ConciergeEventsCar Rental InsuranceExtended Warranty

              About CreditDonkey®
              CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

              Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

              †Advertiser Disclosure: The card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

              *See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

              CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.