Discover it NHL

Who is the Discover it NHL card for?

The Discover It NHL card is an awesome cashback card made especially for hockey fans. It offers some really compelling rewards: 5% cashback on everyday purchases at select places that rotate each quarter like restaurants, grocery stores, gas, events, shopping, and more until the monthly max is met. Once you reach the monthly cap then you earn 1% unlimited cash back on all other purchases.

A fun and profitable differentiator for this card are that Discover will automatically match the cashback that you earned in your first year. There’s no annoying redemption process to it - if you earn $250 in cash back your first year, you’ll get another $250 straight to your account.

Discover is one of the only card companies that offer full U.S. based call support. This is a feature that is usually swept under the rug but may be particularly relevant if you want to take advantage of this card’s 14 months 0% APR introductory period. 

Following that, the ongoing APR is 11.99% to 22.99%% depending on your creditworthiness. If you have questions on how the program works or need to confirm how much you’re saving by the intro APR period, you don’t need to worry about call center frustration and long call times.

As with all Discover cards, there is no annual fee - which makes this offer straightforward and hard to beat. The only real downside is this card requires a good to excellent credit score, making it not a feasible option for plenty of cardholders.

Sign-Up Bonus

Although the signup bonus does not go straight into the cardholder’s pocket right after activating their account, this bonus is still highly valuable. Cardholders will instead earn their bonus at the end of their first year. Each cardholder can earn 5% cashback on their purchases in rotating categories, which change every three months. This cashback offer is for up to $1,500 dollars, and then all purchases will earn you 1% cashback from that point on, until the next quarter when you will start anew.

 It is extremely important for the cardholder to take advantage of the cashback offer, especially during the first year, since Discover will match the amount you earn for the first year only. This is free money going into your pocket, especially since there are no pesky fees such as an annual or foreign transaction fee.

Intro APR

Another excellent feature of this card is its intro APR offer. For the first 14 months, there will be 0% interest on all of your purchases and balance transfer needs. This is extremely beneficial to anyone who wants to finance large purchases or save on transferring their money into an account that does not charge interest.

Additionally, cardholders will benefit from having a reduced balance transfer fee of 3% until August 2020, so it’s important to apply for your card as soon as possible. After that, the balance transfer fee will become 5%.

Rewards

While this card offers a generous 5% cashback offer on certain rotating categories, it is important to note that this may not be the card for you if you want a simple cashback card. These rewards are more than worth it if you spend most of your expenditures at the rotating category locations, but some may prefer a simpler rewards program.

The current categories that earn 5% cashback, from April 1st to June 30th, are gas stations, Lyfts and Ubers, and Wholesale clubs. It is important to note that as a cardholder you should always have updated information on which categories are currently being offered the generous 5% cashback offer.

Rewards Redemption

If the cardholder takes advantage of the cashback offer, they will be left with hundreds of dollars in rewards. You are able to redeem your cash back in any amount for a variety of different things, including:

• Direct deposits into any of your accounts
• A statement credit on your card
• Donations to certain charities
• Amazon
• PayPal purchases
• A gift card or certificates

Note, though, that gift cards and certificates can only be redeemed at a minimum of $20, while all the other categories do not require a minimum.

Fees

One feature that makes this card extremely attractive to many potential cardholders is its lack of an annual fee. This means that all of the previously mentioned rewards and perks come at no cost to the card owner. 

In addition, there is no foreign transaction fee. Frequent travelers can rest assured that they will not face any extra fees by using their card abroad.

Other Benefits

Another benefit that comes with owning this card is you will gain free access to your FICO score. As a cardholder, it is extremely important to stay up to date with your current credit score, and Discover lets you do just that at no additional cost and without affecting your score.

Also, cardholders will be permitted to use Discover’s Social Security number monitoring service. This will ensure that your information remains safe from potential identity fraud.

Conclusion

This card is a great fit for anyone wanting to maximize the cashback rewards they receive and who are not afraid of the rotating categories. Additionally, this card is a solid choice for frequent travelers, since there is no foreign transaction fee. Its intro APR will also appeal to anyone who wants to finance large purchases or transfer their balances between accounts. Overall, we recommend this card to most cardholders due to the variety of beneficial features it offers. Specifically, sports fans will get a kick out of carrying around a card with their favorite team’s logo.