Discover it – $75 Statement Credit Bonus + Cashback Matched First Year

The Offer

Direct link to offer

  • Discover/Amazon are offering a $75 statement credit after your first Amazon.com purchase on the Discover it card

Card Details

  • No annual fee
  • Card earns 5% cash back on the first $1,500 per quarter in rotating categories
  • Card earns 1% cash back on all other purchases
  • Cashback is matched after your first year (effectively making it 10%/2% in your first year)

Our Verdict

This bonus has been available for sometime on the Discover it Miles card, I believe it’s new on the Discover it. Standard bonus is $50 via referral, that used to also get matched at the end of the first year but it’s no longer the case. You’re still better off using a referral if a loved one/significant other can refer you and will give you the $50 they get. Keep in mind this card is also losing price protection on October 31st, 2018. The power of this card is really the 5% categories that become 10% in the first year. If you normally struggle to meet minimum spends then those won’t be that attractive as you’ll be wanting to put all your spend towards new cards/bonuses. If you MS or spend a bit more then they can be extremely useful. As always if you have any questions about Discover cards, read this post first.

Hat tip to Danny Deal Guru

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