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Chase Freedom® vs Discover it®

Compare Rewards, Interest Rates, Fees, and Benefits

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 July 1 and September 30, 2014 at gas stations and Kohl's®
  • You'll enjoy new 5% categories every 3 months like gas stations, restaurants 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
  • 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%.
  • Rated 4.8 out of 5 Stars by over 4,000 cardmembers.*
  • No annual fee, no late fee for your first late payment - APR won't go up for you paying late, no overlimit fee and no foreign transaction fee.*
  • Free FICO® Credit Score online and on monthly statements.*
  • 5% cash back at gas stations on up to $1,500 in purchases from July through September 2014 when you sign up*. 1% cash back on all other purchases automatically.*
  • 100% U.S.- based customer service - anytime, day and night.
  • *See rates, rewards, free FICO® Credit Score 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 APRas low as 13.99% to 22.99% (Variable) based on your creditworthiness and other factorsas low as 10.99% to 22.99% Variable* based on your creditworthiness and other factors
Balance Transfers APRas low as 13.99% to 22.99% (Variable) based on your creditworthiness and other factorsas low as 10.99% 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 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: Categories for Holiday Shopping TBA August 2014
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 categories
  • No annual fee
Cons:
  • 3% foreign transaction fee
Pros:
  • 5% bonus rotating categories
  • Full 1% cash back
  • 0% Intro APR
  • 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 otherwised endorsed by any card issuer.

    Disclaimer: Discover is a paid advertiser of CreditDonkey.


    Articles on Chase Freedom®

      Chase Freedom $100 Bonus Cash Back Review

      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 Chase Freedom card is one of the most popular no-annual-fee rewards cards on the market. Because this card ...

      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 ...

      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.

      Disclaimer: Discover is a paid advertiser of CreditDonkey.


    Compare Chase Freedom to:

    Chase Sapphire Card
    Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
    N/AN/A
    15.99% (Variable)
    $0

    Chase Slate
    Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
    0% for 15 months
    0% for 15 months
    12.99%, 17.99%, or 22.99% (V)
    $0

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    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.