Choosing a Cash Back Credit Card, Compare the Perks of DiscoverIT and American Express Cash Rewards

Both the Discover It card and Blue Cash Everyday Card from American Express offers cash back rewards programs that let you earn rewards from everyday purchases such as gas and grocery. The following is a comparison of the rewards program of Discover It and American Express Blue Cash Everyday Card.

Discover It allows you to earn 5% cash back in certain rotating categories. For example, from January to March, you can earn 5% cash back when you buy gas or hire a ground transportation for example airport shuttle. From April to June, you will get rewarded with 5% cash back when using your card to dine at a restaurant or buy movie tickets at the cinema.

You are entitled to earn 5% cash back rewards when you shop at DIY/home improvement store or buy things from the Amazon online store in between the period of July to September. The 5% cash back bonus is applicable on your credit card spending of up to $1,500. all other categories of purchases that you spend on your Discover It card will be rewarded with 1% cash back.

Discover It is offering a matched bonus for new credit card signups. This means that you will get the same amount of rewards you earn last year credited into your account at the start of the next year. Discover It card offers a 1 year 0% introductory period, after which you will be charged with an interest rate of between 11.24% – 23.24%. The card does not have any foreign transaction fee or annual fee.

On the other hand, the American Express Blue Cash Everyday Card offers 3% cash back when you shop at any supermarket in the USA.
The 3% cash back is available for a spending limit of up to the first $6,000. Afterward you passed the $6,000 spending level, the cash back percentage that you will get for shopping at the supermarkets in USA is 1%. Using the Blue Cash Everyday Card to buy gas at the petrol station will earn you 2% cash back rewards.

You also get to earn 2% cash back for shopping at selected department stores in the USA. The American Express Blue Cash Everyday Card offers up to $300 cash back and this offer will come to an end on the 15th of June 2016. You can earn a cash back of up to $100 in statement credit if you manage to spend $1,000 within a period of 3 months of the account opening. You will enjoy 0% intro APR for the first 12 months period and there is no annual fee. After the 12 months introductory period, the cardholder will be charged the normal interest rate that ranges from 13.24% – 23.24%.

From the above comparison, you can see that the Discover It card is better because it offers a higher level of rewards and it has lower fees. The American Blue Cash Everyday Card is also a great cash back card for people who are able to pay the balance in full by the due date.

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