Discover it brings back $200 bonus alongside first-year Cashback Match
By Alex Compton · Updated
Discover it has restored its $200 welcome bonus for spending at least $500 within three months, alongside unlimited first-year Cashback Match. New cardmembers can also get 0% APR for 15 months with no annual fee.
Open Official PageAt a Glance
What Changed
The $200 bonus returned on October 21 after being removed in August. It now accompanies Cashback Match, which includes rotating-category cash back and Capital One Offers rewards. The card earns 5% back in rotating quarterly categories on up to $1,500 in spending per quarter and 1% on other purchases. Matching rewards are added within two billing periods after the first 365 days.
Our Take
This is worth considering if you can meet the spending requirement through normal purchases and use the rotating categories. Do not assume the $200 welcome bonus will also be matched; the supplied terms do not settle that point.
Before You Act
- 1Confirm the application page displays the $200 bonus.
- 2Spend at least $500 within three months.
- 3Review the rotating categories before planning purchases.
- 4Allow for processing time near the end of the match period.