New Discover it Card applicants can earn either $50 in statement credit bonuses when you apply for a new Discover it Card and make your first purchase within the first 3 months of card membership.
The Discover it Card is perfect for new credit card applicants who have Fair to Excellent credit, as it is widely available to new members regardless of your credit history.
You’ll earn 5% cash back in different categories each quarter, and you’ll earn unlimited 1% cash back on all of your other purchases.
Plus, Discover will automatically match all of your cash back earned at the end of the first year through the Discover Credit Card Double Cashback Bonus, so you’ll earn twice as much cash back on all of your purchases within the first year after opening your account.
You can redeem your cash back for any amount at any time, and your rewards never expire.
The Discover it Card also offers a 0% APR introductory offer on purchases and balance transfers, and there is no annual fee for card members.
In order to get the $50 bonus, you must apply through the Discover Credit Card Referral Program using another card member’s referral link.
Once you get your Discover credit card, you can also refer your friends to join Discover and earn up to $500 in bonus rewards.
This is the highest cash reward that I’ve seen being offered for the Discover it Credit Card since its introduction.