28 Aug 2022


How to Evaluate a Credit Card

Format: APA

Academic level: University

Paper type: Assignment

Words: 302

Pages: 1

Downloads: 0

Discover it® Cash Back Credit Card is the card I would apply for because of its numerous advantageous features. Firstly, the 5% bonus cash back offered in quarterly categories which are given up to a quarterly maximum upon signing up is lucrative. Contrary to the signing bonus offered by most of the other cards, Discover it doubles the cash back earned during the first year of card membership to new card members ("Discover it® Cash Back Credit Card Review: Is It A Good Value?", 2019). This feature makes it an excellent card for the first year of its ownership. 

Secondly, besides being a non-annual fee rewards credit card, striking to the 5% cash back calendar makes Discover it card more valuable. This applies when the purchases of a cardholder line up with the categories listed each quarter by the company, guaranteeing a total of 5% cash back on the initial $1,500 spent at the categories retailers on a quarterly basis. This means potentially saving $75 on each quarter ("Discover it® Cash Back Credit Card Review: Is It A Good Value?", 2019). 

It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

Also, users of Discover it® card earn a cashback of 1% to 5% on all purchases made. 5% is earned on select bonus categories up to a period of three months, and all other expenses are rewarded with a 1% cashback that is unlimited. Additionally, application of a new card member guarantees doubling all the cashback earned at the end of the initial year ("Discover it® Cash Back Credit Card Review: Is It A Good Value?", 2019). Other advantages that come with choosing this card include the never expiring rewards and hence any cash back can be redeemed at any time. The rewards can also be used at Amazon.com checkout, and further comes with free monitoring of many risky websites upon signing up. Lastly, the fact that Discover cards have their own processing network means that they are not accepted widely as with other leading competitors such as American Express. This feature makes Discover it® a great supplemental credit card. 


Discover it® Cash Back Credit Card Review: Is It A Good Value?. (2019). Retrieved from 


Cite this page

Select style:


StudyBounty. (2023, September 14). How to Evaluate a Credit Card.


Related essays

We post free essay examples for college on a regular basis. Stay in the know!

Texas Roadhouse: The Best Steakhouse in Town

Running Head: TEXAS ROADHOUSE 1 Texas Roadhouse Prospective analysis is often used to determine specific challenges within systems used in operating different organizations. Thereafter, the leadership of that...

Words: 282

Pages: 1

Views: 93

The Benefits of an Accounting Analysis Strategy

Running head: AT & T FINANCE ANALLYSIS 1 AT & T Financial Analysis Accounting Analysis strategy and Disclosure Quality Accounting strategy is brought about by management flexibility where they can use...

Words: 1458

Pages: 6

Views: 81

Employee Benefits: Fringe Benefits

_De Minimis Fringe Benefits _ _Why are De Minimis Fringe Benefits excluded under Internal Revenue Code section 132(a)(4)? _ De minimis fringe benefits are excluded under Internal Revenue Code section 132(a)(4)...

Words: 1748

Pages: 8

Views: 196

Standard Costs and Variance Analysis

As the business firms embark on production, the stakeholders have to plan the cost of offering the services sufficiently. Therefore, firms have to come up with a standard cost and cumulatively a budget, which they...

Words: 1103

Pages: 4

Views: 180

The Best Boat Marinas in the United Kingdom

I. Analyzing Information Needs The types of information that Molly Mackenzie Boat Marina requires in its business operations and decision making include basic customer information, information about the rates,...

Words: 627

Pages: 4

Views: 97

Spies v. United States: The Supreme Court's Landmark Ruling on Espionage

This is a case which dealt with the issue of income tax evasion. The case determined that for income tax evasion to be found to have transpired, one must willfully disregard their duty to pay tax and engage in ways...

Words: 277

Pages: 1

Views: 120


Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.