Discover It vs Chase Freedom
Compare Rewards, Interest Rates, Fees, and Benefits
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® Cash Back | Chase Freedom | |
|---|---|---|
Credit Card Interest Rates & Fees | ||
| Introductory APR for Purchases | 0% introductory APR for 14 months | 0% introductory APR for 15 months |
| Introductory APR for Balance Transfers | 0% introductory APR for 14 months | 0% introductory APR for 15 months |
| Purchase APR | 11.99% to 22.99% Variable based on your creditworthiness and other factors | 14.99% to 23.74% Variable based on your creditworthiness and other factors |
| Balance Transfers APR | 11.99% to 22.99% Variable based on your creditworthiness and other factors | 14.99% to 23.74% Variable based on your creditworthiness and other factors |
| Foreign Transaction Fee | No foreign transaction fee | 3% of each transaction in U.S. dollars |
| 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). | Earn a $150 bonus after spending $500 on purchases in your first 3 months from account opening. |
| Cash Back Rewards | 1% cash back on all other purchases. | Unlimited 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. Bonus Categories for 2020: January - March 2020: Grocery Stores, Walgreens & CVS April - June 2020: Gas Stations, Uber, Lyft & Wholesale Clubs July - September 2020: Restaurants & PayPal October - December 2020: Amazon.com, Walmart.com & Target.com | Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter. Unlimited 1% cash back on all other purchases. Bonus Categories for 2019: October - December 2019: Department Stores, PayPal and Chase Pay Bonus Categories for 2020: January - March 2020: Gas Stations, Select Streaming Services, and Internet, Cable & Phone Services April - June 2020: Grocery Stores (not including Target or Walmart purchases), Fitness Clubs, Gym Memberships and Select Streaming Services July - September 2020: Amazon.com and Whole Foods Market |
CreditDonkey® Credit Card Reviews | ||
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Excellent cash back credit card with no annual fee and low interest rate... | Excellent cash back credit card for cardholders who pay in full... |
| Read Discover It Review | Read Chase Freedom Review | |
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 Chase Freedom 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 April 1, 2020 from published websites and is believed to be accurate, but not guaranteed. Chase Freedom: Pricing information including interest rates, benefits and fees was obtained on November 25, 2019 from published websites and is 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 Chase Freedom Unlimited.
Articles on Discover it® Cash Back
Discover It Credit Card Review
With bonus cash back, low interest rate and no annual fee, Discover It is a good card for many. Is it right for you? Read on for the pros and cons.
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 ...
Articles on Chase Freedom
Chase Freedom Review
Chase Freedom is one of the best credit cards for cash back, if used the right way. If not, there are drawbacks. Read on for the pros and cons to determine if this card is right for you.
Chase Freedom Credit Score
Chase Freedom usually requires a good credit score (680+). But this is not the only deciding factor. Find out how to improve your odds.
Chase Freedom Rewards
With 5% cash back on bonus categories, the Chase Freedom is a high-earning cash back card. Get details on the rewards calendar and how it works.
Which Do You Like and Why?
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Review: Chase Freedom vs Freedom Unlimited
Does Chase Freedom or Freedom Unlimited make more sense? Read this in-depth comparison of these cashback cards to learn which is better. The answer may surprise you.
Chase Freedom Unlimited Review: Is It Good?
With a $150 cash back offer and no annual fee, does Chase Freedom Unlimited live up to the hype? Read this in-depth review to see how it stacks up.
Grocery Rewards
The right grocery credit card gives you a high percentage back for shopping at the supermarket as well as a good amount back on your other everyday purchases, like charges made at the gas pump.
Are These Credit Card Mistakes Holding You Back?
Mistakes can cost you — especially if the mistakes you're making are with credit cards.
Discover It Chrome Review: Is It Good or Bad?
Do you eat out and drive a lot? If you want cash back rewards without having to think too much, the Discover It Chrome could be the right fit for you.
Macy's Credit Card Review: Worth It?
Are you thinking of filling out a Macy's credit card application? Before you sign, read the this review for the pros and cons.
Citi Double Cash Review: Too Good to Be True?
With no annual fee and the opportunity to earn cash back twice, the Citi Double Cash card beats out many cashback credit cards. But are there catches? Read on for the full details.
Chase Slate Review: Best Way to Pay Off Debt?
If you have credit card debt, Chase Slate's no balance transfer fee promotion and introductory APR offer is tempting. But is there a catch? Read this review before transferring your balance.
Disclaimer: The information for the Chase Freedom Unlimited®, Discover it® chrome, Citi® Double Cash Card, and Chase Slate has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.
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