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Discover it® vs Chase Freedom®

Compare Rewards, Interest Rates, Fees, and Benefits

Discover and Chase 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)

Discover It is a great cash back credit cards with no annual fee. How does it compare to Chase Freedom, a cash back credit card? Read our comparison chart below.

 Discover itChase Freedom
 Apply for Discover itApply for Chase Freedom
 

Discover it®

Chase Freedom®

 

Credit Card Summary

 
  • 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% cash back for online shopping and department store purchases on up to $1,500 - Oct. through Dec. 2014 when you sign up*. 1% cash back on all other purchases.
  • Free FICO® Credit Score online and on monthly statements*.
  • 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 and other info by clicking "Apply."
  • 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 October 1 - December 31, 2014 at Amazon.com, Zappos.com and select department stores
  • 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
 

Credit Card Interest Rates & Fees

Introductory APR for Purchases0% introductory APR for 6 months0% introductory APR for 15 months
Introductory APR for Balance Transfers0% introductory APR for 18 months0% introductory APR for 15 months
Purchase APR10.99% to 22.99% Variable* based on your creditworthiness and other factors13.99% to 22.99% (Variable) based on your creditworthiness and other factors
Balance Transfers APR10.99% to 22.99% Variable* based on your creditworthiness and other factors13.99% 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 Back Introductory 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: 1% cash back on all other purchasesCash Back Rewards: Unlimited 1% Cash Back on all other purchases
Bonus Cash BackBonus 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.
Bonus 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
 Go to issuer's official application, terms, and detailsGo to issuer's official application, terms, and details
 

CreditDonkey® Credit Card Reviews

 Discover itChase Freedom
Pros & ConsPros:
  • 5% bonus categories
  • FICO credit score
  • Intro APR on balance transfers
  • No annual fee
Cons:
  • Not a Visa/MasterCard
Pros:
  • $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
Bottom LineGreat cash back credit cards with no annual fee... Read full reviewExcellent cash back credit card for cardholders who pay in full... Read full review
 Apply for Discover it®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 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.


Articles on Discover it®

    Is Discover It a Good Credit Card?

    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:
    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.

    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.


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 lets cardholders earn cash back in so many different ways, it fits a wide range of lifestyles.

    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.


Compare Discover It to:

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
    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
      Chase Sapphire Preferred Card

      Chase Sapphire Preferred® Card

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

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        Compare Chase Freedom to:

        Chase Sapphire Card

        Chase Sapphire® 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)
            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

              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.

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              *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.