Discover Reviews

No annual fee: Every tier of Discover credit card comes with no annual fee.

First-year unlimited cash-back match: Discover will match all rewards earned in a cardholder’s first 12 billing cycles.

$0 fraud liability: Discover guarantees cardholders are not responsible for unauthorized purchases.

Security: From secure online account management to fraud monitoring, Discover offers a variety of security features. This includes Social Security Number Alerts and Online Privacy Protection.

Rewards: Every Discover card earns rewards on every purchase. This includes the Discover it® Cash Back, Discover it® Gas and Restaurants, and Discover it® Travel Miles cards.

Service: Discover offers 100% U.S.-based customer service by phone or messenger app. With the Discover mobile app, it’s easier than ever to manage your account anywhere, anytime.

Financial Tools: Discover provides tools for better financial management. This includes a FICO® Credit Scorecard, Recurring Charges Dashboard, Spend Analyzer, and Account Alerts.

Fee-Free Checking: Discover Bank offers a fee-free checking account with no monthly maintenance fee and no fee for using its Overdraft Protection Service.

High Cashback Rewards: The Discover Cashback Debit Checking account earns 1% cash back on up to $3,000 in debit card purchases each month.

Wide ATM Network: Discover Bank has over 60,000 in-network ATMs, and no fees for out-of-network ATM usage (though third-party fees may apply).

FDIC Insurance: Depositor funds are insured up to $250,000, ensuring safety of deposits.

Convenient Online Banking: Accounts can be opened online, and 24/7 customer service is available.

No Annual Fee: Discover credit cards do not charge an annual fee, making them a cost-effective option.

Unlimited Cashback Match: New cardholders receive an unlimited cashback match at the end of their first year, doubling their rewards.

Rotating Quarterly Categories: Earn 5% cash back in rotating quarterly categories like groceries, gas stations, and restaurants, up to the quarterly maximum.

Flexible Redemption Options: Rewards can be redeemed for statement credits, direct deposits, gift cards, and charitable donations.

Security Features: Zero Liability, Freeze it, and Identity Alerts provide robust security features.

No Branches: The only physical branch is located in Delaware, making it an online-only banking experience.

Limited Deposit Options: Cash deposits are not accepted.

Limited International Acceptance: Discover cards are less widely accepted globally compared to Visa and Mastercard.

Higher Fees: Higher interest rates and balance transfer fees apply after the introductory period, which can be a significant cost.

Activation Requirements: Quarterly bonus categories must be activated each quarter to earn the higher cashback rate, and purchases made before activation only earn 1% cash back.