Pros

• +Cashback Match doubles all cash back earned in year one automatically
• +$20 statement credit annually for 3.0+ GPA (up to 5 years)
• +5% on rotating quarterly categories (when activated)
• +No annual fee or foreign transaction fee
• +No credit score required to apply

Cons

• −Must activate categories each quarter to earn 5%
• −$1,500 quarterly cap on 5% categories
• −Only 1% on non-bonus spending
• −Discover network has less acceptance than Visa/Mastercard
• −Shorter 6-month intro APR than some competitors

Pros

• +Cashback Match doubles all cash back earned in year one automatically
• +$20 statement credit annually for 3.0+ GPA (up to 5 years)
• +5% on rotating quarterly categories (when activated)
• +No annual fee or foreign transaction fee
• +No credit score required to apply

Cons

• −Must activate categories each quarter to earn 5%
• −$1,500 quarterly cap on 5% categories
• −Only 1% on non-bonus spending
• −Discover network has less acceptance than Visa/Mastercard
• −Shorter 6-month intro APR than some competitors

Pros

• +Cashback Match doubles all cash back earned in year one automatically
• +$20 statement credit annually for 3.0+ GPA (up to 5 years)
• +5% on rotating quarterly categories (when activated)
• +No annual fee or foreign transaction fee
• +No credit score required to apply

Cons

• −Must activate categories each quarter to earn 5%
• −$1,500 quarterly cap on 5% categories
• −Only 1% on non-bonus spending
• −Discover network has less acceptance than Visa/Mastercard
• −Shorter 6-month intro APR than some competitors