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Discover it® vs Chase Freedom®

Compare Rewards, Interest Rates, Fees, and Benefits

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Discover It is an excellent cash back credit card with no annual fee and low interest rate. How does it compare to Chase Freedom, a cash back credit card? Read our comparison chart below.

 

Discover it®

Chase Freedom®

 

Credit Card Interest Rates & Fees

Introductory APR for Purchases0% introductory APR for 12 months0% Intro APR for 15 Months
Introductory APR for Balance Transfers0% introductory APR for 12 months0% Intro APR for 15 Months
Purchase APR11.24% to 23.24% Variable* based on your creditworthiness and other factors14.24% to 23.24% Variable based on your creditworthiness and other factors
Balance Transfers APR11.24% to 23.24% Variable* based on your creditworthiness and other factors14.24% to 23.24% 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: Discover will double all the cash back you've earned at the end of your first year (only for new cardmembers).Introductory Bonus Cash Back: Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
Cash Back RewardsCash Back Rewards: 1% cash back on all other purchases.Cash Back Rewards: Unlimited 1% cash back on all other purchases - it's automatic
Bonus Cash BackBonus Cash Back: 5% cash back on up to $1,500 in purchases in 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.
Bonus Categories for 2015:
January - March 2015: 5% on up to $1,500 in purchases at Gas Stations and Ground Transportation
April - June 2015: 5% on up to $1,500 in Restaurant and Movie purchases
July - September 2015: 5% on up to $1,500 in purchases in Home Improvement Stores, Department Stores, and Amazon.com
October - December 2015: 5% on up to $1,500 in purchases at Amazon.com, Department Stores, and Clothing Stores
Bonus Categories for 2016:
January - March 2016: 5% on up to $1,500 in purchases at Gas Stations and for Ground Transportation
April - June 2016: TBA February 2016
July - September 2016: TBA May 2016
October - December 2016: TBA August 2016
Bonus Cash Back: Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. It's free and easy to activate your bonus each quarter.
Bonus Categories for 2016:
Q1 (January 1 – March 31, 2016): Gas stations and local commuter transportation (not including parking, tolls, and Amtrak® purchases)
Q2 (April 1 - June 30, 2016): Grocery stores (not including Walmart®, Target®, discount or warehouse club store purchases)
Q3 (July 1 – September 30, 2016): Restaurants (details TBA)
Q4 (October 1 – December 31, 2016): Holiday shopping (details TBA)
Gas Rewards Gas Rewards
Smart ChipSmart ChipSmart Chip
 

CreditDonkey® Credit Card Reviews

Pros & ConsPros:
  • 5% bonus rotating categories
  • Full 1% cash back on all other purchases
  • 0% intro APR on purchases and balance transfers for 12 months, then a variable APR, currently 11.24% - 23.24%
  • No foreign transaction fee
  • No annual fee
Cons:
  • Some merchants don't accept Discover
Pros:
  • $150 bonus after you make $500 in purchases in your first 3 months
  • 5% bonus rotating categories
  • Full 1% cash back on every purchases
  • Intro APR
  • No annual fee
Cons:
  • 3% foreign transaction fee
Bottom LineExcellent cash back credit card with no annual fee and low interest rate... Read full reviewExcellent cash back credit card for cardholders who pay in full... Read full review
 Apply for Chase Freedom®
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 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® 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 were obtained on January 4, 2016 from published websites and are believed to be accurate, but not guaranteed.

    Which is Better: Discover It or Chase Freedom?

    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 Blue Cash Everyday.


    Explore Discover it® In-Depth

      Discover It Credit Card Review

      A generous cash back and promotional low interest 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

      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 ...

      Disclaimer: The information for the Discover it® has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.


    Explore Chase Freedom® In-Depth

      Chase Freedom Review

      If you want to earn cash back, you may consider the Chase Freedom. But wait. Read on to learn why this rewards credit card could be good for you — and why it has potential drawbacks.

    Which Do You Think is Best?

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    Compare Discover It to:

    Blue Cash Everyday Card from American Express

    Blue Cash Everyday® Card from American Express

    Introductory Bonus Cash BackCash Back RewardsGas RewardsGrocery Rewards
      Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
      0% on Purchases for 15 months
      0% on Balance Transfers for 15 months
      13.24% - 22.24% Variable
      Annual Fee
      $0
      Chase Sapphire Preferred Card

      Chase Sapphire Preferred® Card

        Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
        N/AN/A
        16.24% - 23.24% Variable
        Annual Fee
        Introductory Annual Fee of $0 the first year, then $95
        Gold Delta SkyMiles Credit Card from American Express

        Gold Delta SkyMiles® Credit Card from American Express

        Introductory Bonus Airline RewardsAirline RewardsCar Rental InsuranceExtended Warranty
          Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
          NoneNone
          15.49% - 19.49% Variable
          Annual Fee
          $0 intro annual fee for the first year, then $95

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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.