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How Does Discover Cashback Match Work?

Last Updated: November 13, 2023
3 min read

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Key Points About: Discover Cashback Match

  1. With Discover Cashback Match, we’ll automatically match all the cash back you’ve earned at the end of your first year. There is no limit to how much we’ll match.1

  2. Discover Match automatically matches all the Miles you’ve earned at the end of your first year.2

  3. To maximize your rewards, earn 5% cash back on everyday purchases at different places each quarter, up to the quarterly maximum when you activate.

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

How does Discover Cashback Match give you unlimited cash back?

With the Discover Cashback Match program, get an unlimited dollar-for-dollar match of all the cash back you earn at the end of your first year, automatically. There is no limit to how much we’ll match.1

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Once your new account is approved, you’re automatically enrolled in Cashback Match. Cashback Match is only available for new cardmembers.

How long does Cashback Match last?

Discover Cashback Match starts the day your new account is approved and goes through your first 365 days or 12 consecutive billing cycles, whichever is longer.

When do I get my Discover Cashback Match?

Within two billing periods of your Cashback Match ending, the final amount is added to your Cashback Bonus® account.

Maximize your Discover cash back rewards

There are ways you can earn even more rewards with the Discover it® Cash Back card. Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn 1% cash back on all other purchases – automatically.

How much Cashback Match can I earn?

Get an unlimited dollar-for-dollar match of all the cash back you earn at the end of your first year, automatically. There is no limit to how much we’ll match. 1 So, if you earn $20 cash back, we’ll give you another $20. Or if you earn $150 cash back, we’ll give you another $150.1

How can I find out how much Discover cash back I’ve earned so far?

While you’re in Cashback Match, you can track how much you’ve earned by visiting the Cashback Summary page.

Redeem your Discover cash back rewards for…

  • Cash – Redeem your Cashback Bonus® – any amount, any time.3
  • Pay With Cashback Bonus® – Use your rewards at Amazon.com4 checkout and with PayPal.5
  • Gift Cards – Get gift cards starting at only $5. Plus get an added bonus on every card!
  • Charity – Make a difference and donate to a charitable cause.

What happens if I redeem Cashback Bonus® before receiving my Cashback Match award?

You can redeem your Cashback Bonus® – any amount, any time.3 This will not impact your Match award. So any Cashback Bonus® that you redeem prior to Cashback Match ending will still be matched.

What Cashback Bonus® qualifies for Cashback Match?

All Cashback Bonus® earned while your account is enrolled in Cashback Match is matched. Cashback Bonus® is earned when it’s processed, which may be after the transaction date.

What Cashback Bonus® doesn’t qualify for Cashback Match?

Rewards that are processed after your Cashback Match ends are not matched. This also applies to Cashback Bonus® earned from promotional offers you may receive from Discover outside of your standard rewards program. Additionally, statement credits and transfers from Discover checking are not matched.

Did you know Discover will match the Miles you earn too?

New travel cardmembers can also enjoy this benefit with the Discover it® Miles card. Earn unlimited 1.5x Miles on travel purchases and all your everyday purchases. And with Discover Match®, we’ll automatically match all the Miles you’ve earned at the end of your first year. There is no limit to how much we’ll match.2

Turn Miles into cash. Or redeem as a statement credit for your travel purchases like airfare, hotels, rideshares, gas stations, restaurants and more.6

Why didn’t I receive my Discover Cashback Match award?

If your account is closed, revoked, bankrupt, or charged-off before we calculate your Cashback Match award at the end of your Match earning period, your rewards will not be matched.

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