Earn Twice the Cash Back or Miles Your First Year with Discover Cashback Match

Last Updated: January 18, 2022

1 min read

Do you know about Discover’s Cashback Match program? This reward for Discover cardmembers allows you to earn cash back by making purchases with your Discover card and then redeem it in a variety of ways. Here’s what you need to know:

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  1. Discover Matches All Your First-Year Cash Back
  2. How to Maximize Your Cash Back
  3. Redeem Your Cash Back For…
  4. Discover Will Match the Miles You Earn Too

1. Discover Matches All Your First-Year Cash Back

Discover® automatically matches all the cash back you’ve earned at the end of your first year.* There’s no signing up. And no limit to how much is matched.

2. How to Maximize Your Cash Back

Here’s the breakdown on how you earn rewards on the Discover it® Cash Back card:

  • Earn 5 percent cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.* Plus earn 1 percent cash back on all other purchases.

3. Redeem Your Cash Back For…

With Discover, it’s simple to redeem your cash back for any amount, at any time.* Here are a few ways you can put your cash back to use:

  • CASH – Deposit into your bank account or pay your Discover bill
  • PAY WITH CASHBACK BONUS® – Use at checkout at Amazon.com and with PayPal*
  • GIFT CARDS – Purchase gift cards starting at $5, with added value to each card. 
  • CHARITY – Make a charitable donation to a worthy cause

4. Discover Will Match the Miles You Earn Too

New travel cardmembers can also get in on this deal with the Discover it® Miles card. Not only can they earn unlimited 1.5 Miles for every dollar spent on purchases, but Discover will also match all the Miles earned at the end of their first year. Then easily redeem miles as a statement credit for travel or get cash.*

See If You’re Pre-Approved Before You Apply. There’s no impact to your credit. Check Now

Cashback Match: We'll match all the cash back rewards you've earned on your credit card from the day your new account is approved through your first 12 consecutive billing periods or 365 days, whichever is longer, and add it to your rewards account within two billing periods. You've earned cash back rewards only when they're processed, which may be after the transaction date. We will not match: rewards that are processed after your match period ends; statement credits; rewards transfers from Discover checking or other deposit accounts; or rewards for accounts that are closed. This promotional offer may not be available in the future and is exclusively for new cardmembers. No purchase minimums.

Your rewards never expire: We will credit your account with your cash back bonus balance if your account is closed or has not been used in 18 months. See rewards terms and conditions.

Redeem Miles: Starting at 1 Mile, you can redeem your Miles as a credit to your account to pay for all or part of your bill, for cash as an electronic deposit to your bank account, or for a credit for Travel Purchases made on your statement within the last 180 days. Travel Purchases include airline tickets, hotel rooms, car rentals, travel agents, online travel sites, commuter transportation, restaurants and gas stations. Restaurant purchases include those made at merchants classified as full-service restaurants, cafes, cafeterias, fast-food locations, and restaurant delivery services. Gas Station purchases include those made at merchants classified as places that sell automotive gasoline that can be bought at the pump or inside the station. Gas Stations affiliated with supermarkets, supercenters, and wholesale clubs may not be eligible.

Even if a travel purchase on your statement appears to fit in a Travel Purchase category, the merchant may not have a merchant category code (MCC) in a Travel Purchase category. Merchants and payment processors are assigned an MCC based on their typical products and services. Discover Card does not assign MCCs to merchants. Certain third-party payment accounts and digital wallet transactions may not be eligible for credit redemption if the technology does not provide sufficient transaction details or a qualifying MCC. See Terms and Conditions for more information.

Discover Match®:  We'll match all the Miles rewards you've earned on your credit card from the day your new account is approved through your first 12 consecutive billing periods or 365 days, whichever is longer, and add it to your rewards account within two billing periods. You've earned Miles rewards only when they're processed, which may be after the transaction date. We will not match: rewards that are processed after your match period ends; statement credits; rewards transfers from Discover checking or other deposit accounts; or rewards for accounts that are closed. This promotional offer may not be available in the future and is exclusively for new cardmembers. No purchase minimums.

PayPal, the PayPal logo are trademarks of PayPal or its Affiliates. Listed merchants are in no way sponsoring or affiliated with this program.

Amazon is not a sponsor of this promotion. Amazon, the Amazon.com logo, the smile logo and all related marks are trademarks of Amazon.com, Inc. or its affiliates.

Use Rewards at Amazon.com: For complete details on how to Pay with Rewards at Amazon.com see Amazon.com/DiscoverRewards. Amazon is not a sponsor of this promotion. Amazon, the Amazon.com logo, the smile logo and all related marks are trademarks of Amazon.com, Inc. or its affiliates.

Use Rewards at PayPal: For complete details on how to Pay with Rewards with PayPal see PayPal.com/Discover. Pay with Rewards will be available for eligible credit cards on eligible purchases or can be donated to support a charitable cause with PayPal Giving Fund. To learn more about Pay with Rewards, see terms and conditions. All reward redemptions are subject to Discover’s reward program terms.

Legal Disclaimer: This site is for educational purposes and is not a substitute for professional advice. The material on this site is not intended to provide legal, investment, or financial advice and does not indicate the availability of any Discover product or service. It does not guarantee that Discover offers or endorses a product or service. For specific advice about your unique circumstances, you may wish to consult a qualified professional.