Credit Cards » Credit Card Reviews » Discover it® Chrome Gas & Restaurants Card: 2023 Review
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Discover it® Chrome Gas & Restaurants Card: 2023 Review

If you want to pay down a credit card balance while still earning cash back on new purchases, the Discover it® Chrome Card is a great option
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: September 20, 2023
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: November 1, 2023

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

Discover it® Chrome Gas & Restaurants Card

Discover it® Chrome Gas & Restaurants

Rewards Plan

1-2% 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter and 1% cash back on all your other purchases

Sign up Bonus

Discover matches your first year cashback automatically (for example: $100 becomes $200) automatically match all the cash back you’ve earned at the end of your first year

Credit Rating

Good – Excellent

0% Intro

15 months on purchases and balance transfers

Annual Fee

$0

APR

16.74% – 27.74% Variable APR

Discover it® Chrome Gas & Restaurants Card

Discover it® Chrome Gas & Restaurants

Rewards Plan

1-2% 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter and 1% cash back on all your other purchases

Sign up Bonus

Discover matches your first year cashback automatically (for example: $100 becomes $200) automatically match all the cash back you’ve earned at the end of your first year

0% Intro

15 months on purchases and balance transfers

PROS

CONS

APR

16.74% - 27.74% Variable APR

Annual Fee

$0

Balance Transfer Fee

5%

Credit Requirements

Good - Excellent

The Discover it® Chrome Gas & Restaurants Card offers cash back in addition to offering you a lengthy introductory 0% APR - 15 months on purchases and balance transfers. It’s a great option if you have a large credit card balance and need time to pay it off without paying interest while also earning rewards.

Also, you can earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter and 1% cash back on all your other purchases, while Discover automatically match all the cash back you’ve earned at the end of your first year. The card has no annual fee. However, if your expenses are big - you may prefer a different card with higher rewards rate.  

Let’s take a closer look at the benefits and drawbacks of the Discover it® Chrome card – and whether or not it’s right for your wallet.

  • Cashback Rewards
  • Discover Matches Cash Back
  • No Foreign Transaction Fee
  • 0% Intro APR
  • No Annual Fee
  • Balance Transfer Fee
  • Less Merchant Acceptance
  • Limit on Cash Back Spending Per Quarter

What is the initial credit limit?

The credit limit that you get with Discover it Chrome Card will at the very lowest be $300. It can be much higher and will depend on your personal financial situation.

How do I redeem cash back?

You can get the rewards in the form of cash, statement credit, or gift cards when you are looking to redeem the rewards that you have earned through the Discover it Chrome Card.

How to maximize rewards on Chrome Card?

If you want to maximize the rewards that you can get through the Discover it Chrome Cardmake the most of the quarterly cap on the 2% cashback for gas and dining, as well as the signup offer.

What are the top Reasons NOT to get the Chrome Card?

If you want bigger cashback rates then you might want to look outside of the Discover it Chrome Card and focus on cards that might have special bonus categories.

In This Review..

Benefits

Let’s take a look at the benefits of the Discover it® Chrome Gas & Restaurants Card and see if it’s the right one for your wallet or not.

The card offers 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter and 1% cash back on all your other purchases.

One of the key benefits of the Discover It Balance Transfer credit card is that Discover will match ALL of the cash back you’ve earned at the end of your first year having the credit card. 

This applies to all purchases that earn 1% cash back as well as all purchases that earn 5% cash back so the potential to earn a lot in cash back rewards is high.

Whenever you are traveling outside of the country, you won’t have to worry about using your credit card and incurring fees. 

Discover is offering you no foreign transaction fees so swipe away and enjoy buying things on credit while traveling other countries!.

Discover incentivizes you to switch to the Discover It Chrome credit card by offering a very attractive intro offer which includes 0% APR for 15 months on purchases and balance transfers. 

This means you can take your time paying off new purchases, interest-free.

As with all Discover credit cards, you won’t have to pay an annual fee. You also don’t have to pay foreign transaction fees when using your card while traveling. 

The fees you will have to pay, however, are a balance transfer fee of 5% if you’re bringing over a balance from a previous credit card. 

Drawbacks

Here are the most important cons you should consider before applying:

The Discover It Balance Transfer card does have a balance transfer fee of 3% which could be a drawback for some consumers. 

If you have a high balance you’re transferring over, this 3% fee could add up to a lot of money as compared to a credit card that offers 0% transfer fee.

One of the main drawbacks of the Discover credit card is that merchants may not recognize the card at some stores in the US. 

Getting acceptance outside the United States may also be more difficult as compared to Visa or MasterCard.

While the 5% cash back is a benefit of this credit card, the drawback is that Discover limits this reward to the first $1,500 spending per quarter. 

If you easily achieve $1,500 in spending every quarter, then you may be disappointed that all the additional spending is no longer earning the hefty 5% cash back rate.

Is the Discover it Chrome Card Right for You?

If you want a long time to pay down a credit card balance while still earning cash back on new purchases, the Discover it® Chrome Gas & Restaurants Card is a great option and tough to beat. While it does have a balance transfer fee, it is still comparatively low to other credit cards. The major benefit of this card is if you plan to take advantage of the first 12 months cash back matching reward by Discover.
This card is not for you if you are more focused on transferring your debt balance and paying it down rather than additional spending. Instead, you can find a credit card with an even longer intro balance transfer period to give you more time to pay off the balance. Just watch out for the balance transfer fee.

Compare The Alternatives

There are more cards with cashback on everyday purchases such as gas & restaurants  – here are some good alternatives to the Chime card:

Chase Freedom Flex

capital-one-venture

American express everyday card review 2021

Chase Freedom Flex℠ Card
Capital One Venture Rewards Credit Card
American Express EveryDay® Card
Annual Fee
$0
$95
$0
Rewards
1-5% 5% cash back on up to $1,500 in combined purchases on selected categories each quarter and 5% cash back on travel purchased through Chase Ultimate Rewards®. Also, you can earn 3% cash back on dining at restaurants (including takeout and eligible delivery services), drugstore purchases , and 1% on all other purchases
2X 2X miles per dollar on every purchase, plus 5X miles on hotels and rental cars booked through Capital One Travel
1X – 2X 2X at U.S. supermarkets (up to $6,000 each year), then 1x on all purchases
Welcome bonus
$200 $200 bonus after you spend $500 on purchases in the first 3 months from account opening
75,000 miles 75,000 miles once they spend $4,000 on purchases within 3 months from account opening
10,000 points 10,000 points after you spend $1,000 in purchases on your new card within the first 3 months
Foreign Transaction Fee
3%
$0
2.7%
Purchase APR
20.24%–28.99% variable
19.99% – 29.99% (Variable)
17.49% – 28.49% variable

FAQ

There is a $1,000 cap on purchases each quarter that allows you to get the bonus cashback rates when you are making purchases with the Discover it Cash Back card.

You are not able to get car rental insurance when you have the Discover it Chrome card. This is something that is offered by other types of credit cards.

When you are applying to get a Discover it Chrome Card, there is no out and out request for proof of income and no transparent income requirements.

Yes, pre-approval is possible when you are looking to get the Discover it Chrome Card. This means that a hard credit check can initially be avoided.

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Lorraine Smithills

Lorraine Smithills

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
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Rewards Plan:
1-6% 6% cash back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%) and selected U.S. streaming subscriptions, 3% cash back on transit and U.S. gas stations, 1% cash back on other purchases
Welcome Bonus: $250 $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months
citi-custom-cash_
Rewards Plan:
1-5% 5% cash back on your highest eligible spend category each billing cycle up to the first $500 spent and 1% cash back thereafter
Welcome Bonus: $200 $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening (20,000 ThankYou® Points, which can be redeemed for $200 cash back)

Rewards Plan:
1% – 4% unlimited 4% cash back on dining, entertainment, and popular streaming services, 3% at grocery stores and 1% on all other purchases.
Welcome Bonus: $300 $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening

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The product offers that appear on this site are from companies from which this website receives compensation. 

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Editorial Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

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