The no annual fee Discover it Chrome Card offers 2% cash back at gas stations and restaurants, and Discover doubles all of your cash back in the first year.
Discover it Chrome Information
Application Link: Discover it Chrome Card.
Current Sign Up Bonus: Double all of your cash back earned in your first year + 0% intro APR for 14 months on purchases and balance transfers.
Annual Fee: No annual fee.
Earning Rewards in the first year:
- 4% cash back at gas stations and restaurants up to $1,000 combined purchases each quarter.
- 2% cash back everywhere else.
Earning Rewards after the first year:
- 2% at gas stations and restaurants up to $1,000 combined purchases each quarter.
- 1% cash back everywhere else.
Discover it Chrome Card Benefits
The Discover it Chrome card has very limited benefits compared to other no annual fee cards such as the Chase Freedom or the Freedom Unlimited, but it does offer:
No Foreign Transaction Fees– You can use your Discover it Chrome card anywhere in the world without having to pay foreign transaction fees, which are typically 3%.
Free Credit Alerts- You can set up free alerts when your social security number is found on thousands of dark web websites. Or when any new credit card, mortgage, car loan, or other credit account shows up on your credit report.
Ability to Freeze Your Account– You can freeze your Discover it Chrome card at any time to prevent new purchases on the card.
Redeeming Cash Back
You can redeem your cash back very easily in several different ways including:
- A statement credit to reduce your balance.
- Direct deposit into any bank account.
- Charitable donations.
- Pay with rewards at select retailers such as Amazon.com.
You can also redeem your cash back for gift cards that are sometimes offered at a discount such as $20 for a $25 gift card.
The Verdict
The Discover it Chrome Card is slightly valuable in the first year when you can earn 4% cash back on gas and restaurants, but after the first year you are much better off with the no annual fee Citi Double Cash that earns 2% cash back everywhere.
If you still want a Discover card, the Discover it or Discover it Miles are better options than the Discover it Chrome.