Discover It vs Bank of America Cash Rewards
Discover It is an excellent cash back credit card with no annual fee and low interest rate. How does it compare to Bank of America Cash Rewards, a cash back card? Read our comparison chart below.
Discover it® Cash Back | Bank of America® Customized Cash Rewards credit card | |
---|---|---|
Credit Card Interest Rates & Fees | ||
Introductory APR for Purchases | 0% introductory APR for 15 months | 0% Introductory APR on purchases for 15 billing cycles |
Introductory APR for Balance Transfers | 0% introductory APR for 15 months | 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days |
Purchase APR | 17.24% to 28.24% Variable based on your creditworthiness and other factors | 18.24% to 28.24% Variable APR on purchases based on your creditworthiness and other factors |
Balance Transfers APR | 17.24% to 28.24% Variable based on your creditworthiness and other factors | 18.24% to 28.24% Variable APR on balance transfers based on your creditworthiness and other factors |
Foreign Transaction Fee | No foreign transaction fee | 3% of the amount of each transaction. |
Annual Fee | ||
Credit Card Rewards & Benefits | ||
Introductory Bonus Cash Back | Discover will match all the cash back you've earned at the end of your first year (only for new cardmembers). | $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening |
Cash Back Rewards | 1% cash back on all other purchases. | Earn 3% cash back in the category of your choice, 2% cash back at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and 1% cash back on all other purchases |
Bonus Cash Back | 5% cash back on up to $1,500 in purchases in rotating categories that change each quarter (requires free and easy sign-up for 5% Cashback Bonus)* Limitations apply*. See issuer's website for additional program details. | |
Grocery Rewards | Earn 2% cash back at grocery stores (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) | |
CreditDonkey® Credit Card Reviews | ||
Pros & Cons | Pros:
| |
Bottom Line | Excellent cash back credit card with no annual fee and low interest rate... | |
Read Discover It Review | ||
Blank fields may indicate 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. Disclaimer: The information for the Discover it® Cash Back and Bank of America® Customized Cash Rewards credit card has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer. Discover It: Pricing information including interest rates, rewards, benefits and fees was obtained on August 1, 2023 from published websites and is believed to be accurate, but not guaranteed. Bank of America Cash Rewards: Pricing information including interest rates, rewards, benefits and fees was obtained on August 1, 2023 from published websites and is believed to be accurate, but not guaranteed. |
Still need help deciding which cash back credit card is better? Read the in-depth reviews below. You may also be interested in comparing Discover It or Chase Freedom Unlimited.
Articles on Discover it® Cash Back
Discover It Card Review
Which Do You Like and Why?
Compare Discover It to:
|
|
|