no annual fee
5% cash back on selected quarterly category
5% cash back on changing categories version of popular Discover it card.
Here’s the calendar for 2014-2015:
A decent credit card with 5% cash back on revolving categories – there is nothing so special in it, because other issuers offer very close rewards rates. For example, Chase Freedom or Citi Dividend Card.
The main advantage of the card is Discover loyal attitude to applicants with not so good credit, and usually high credit limits approved.
Major disadvantage of the card are the Discover coverage: it is not accepted widely outside the U.S. and sometimes even in the U.S. you can find a vendor that is not accepting Discover cards.
There is another Discover it card with 2% cash back on gas and restaurants if you prefer those types of rewards.