If you’re a die-hard NHL fan, the NHL® Discover it® Card might just be the perfect credit card for you. With generous cashback offers and exclusive perks for hockey enthusiasts, this card is designed to enhance your experience both on and off the ice. Let’s take a closer look at the various rewards, benefits, and features of the NHL® Discover it® Card in this review.
One of the main attractions of the NHL® Discover it® Card is the opportunity to earn up to 5% cash back in rotating categories, such as gas stations, grocery stores, restaurants, and more. With the card’s Cashback Match™ feature, Discover will automatically match all the cash back you’ve earned at the end of your first year. This means that the rewards earned can be quite significant for frequent card users.
Apart from the cash back incentives, the NHL® Discover it® Card also offers cardholders a 10% discount on purchases made at the official NHL® online store, making it easy for fans to save on their favorite team’s merchandise. Additionally, the card has no annual fee and provides a suite of useful security and customer service features to ensure a seamless and enjoyable experience for its users.
Card Overview
The NHL® Discover it® Card is a rewards credit card designed for hockey fans and offers up to 5% cash back on certain purchases. The card features a range of benefits and rewards that cater to NHL enthusiasts while also providing useful everyday perks.
Cardholders can earn 5% cash back in designated rotating categories each quarter, such as Amazon.com, grocery stores, and gas stations, up to the quarterly maximum, and 1% cash back on all other purchases. The quarterly categories can be activated by visiting the Discover online portal.
Here are some of the highlights of the NHL® Discover it® Card:
- 5% cash back on rotating categories every quarter
- 1% cash back on all other purchases, without any limit
- No annual fee and no foreign transaction fees
- Customizable NHL team card designs
- Exclusive discounts on NHL.TV subscriptions and NHL Shop purchases
Beyond rewards, the NHL® Discover it® Card offers a few additional benefits. For example, you’ll have access to Discover’s U.S.-based customer service representatives, as well as a free FICO® Credit Score on your monthly statements, mobile app, and online account, helping you keep track of your credit score over time.
Cash Back Rewards
The NHL® Discover it® Card offers a competitive cash back rewards system that caters to different spending categories. Cardholders can earn up to 5% cash back on purchases made in select categories each quarter, and 1% cash back on all other purchases.
Each quarter, Discover selects categories where you can earn the higher 5% cash back rate. These categories may include gas stations, grocery stores, restaurants, and more. However, it is essential to activate the bonus categories each quarter, as the rewards are not automatically applied.
Here’s a typical breakdown of the cash back categories for the NHL® Discover it® Card:
- January-March: Grocery stores, Walgreens, and CVS
- April-June: Gas stations, wholesale clubs, and select streaming services
- July-September: Restaurants and PayPal
- October-December: Amazon.com, Walmart.com, and Target.com
Please note that the 5% cash back rate is capped at $1,500 in combined purchases per quarter. After reaching the cap, the cash back rate reverts to the standard 1% on all purchases.
In addition to the cash back rewards, cardholders can also benefit from Discover’s Cashback Match program. At the end of the first year, Discover will automatically match all the cash back rewards earned by new cardmembers, effectively doubling the rewards for the first year of card usage.
Additional Benefits
The NHL® Discover it® Card offers a variety of additional benefits for cardholders, making it an attractive choice for hockey fans and reward seekers alike. In this section, we will discuss some of these benefits that make this card stand out from the crowd.
Firstly, with this card, you have access to Discover’s Cashback Match program. This means that at the end of your first year as a cardholder, Discover will match the cash back you’ve earned, effectively doubling your rewards. This is a great incentive for new card users and helps boost the card’s overall value.
Another noteworthy benefit is the free FICO® Credit Score provided by Discover. As a cardholder, you can view your FICO® Credit Score for free on your monthly statement, making it easy to track your credit progress and stay informed about your credit health.
Fans of the National Hockey League will appreciate the NHL®-themed perks this card offers. Cardholders can enjoy a 10% discount at the official NHL® online store, NHLshop.com, and save on league merchandise to support their favorite teams.
In terms of security, the NHL® Discover it® Card provides advanced fraud protection features, such as monitoring your account for signs of suspicious activity and notifying you of any unusual charges. Additionally, this card comes with $0 Fraud Liability, which means you won’t be held responsible for unauthorized purchases on your account.
Finally, it is worth mentioning that the card comes with no annual fee, making it an appealing choice for budget-conscious consumers looking to maximize their cash back rewards without incurring additional costs.
Fees and Interest Rates
The NHL® Discover it® Card offers competitive interest rates and fees for its cardholders. The card features an introductory 0% APR on purchases and balance transfers for the first 14 months. After the introductory period, the standard variable APR for purchases and balance transfers ranges from 12.24% to 24.24%, depending on your creditworthiness.
It’s important to note that there is a balance transfer fee of 3% of the amount transferred, which applies during the 14-month promotional period. After the introductory period, the balance transfer fee increases to 5% of the amount transferred.
Cardholders can also appreciate the lack of annual fees with the NHL® Discover it® Card. In addition, the card offers some leniency when it comes to late payment fees. Your first late payment is waived, and there is no penalty APR. However, after your first late payment, you will be charged a fee of up to $40.
Here’s a summary of key fees and interest rates associated with the NHL® Discover it® Card:
- Introductory 0% APR on purchases and balance transfers for 14 months
- Standard variable APR: 12.24% to 24.24%
- Balance transfer fee: 3% during the promotional period, 5% after
- No annual fee
- Late payment fee: $0 for the first occurrence, up to $40 afterward
- No penalty APR
With its competitive interest rates, introductory 0% APR offer, and no annual fee, the NHL® Discover it® Card can be an attractive option for hockey fans looking to earn cash back on their everyday purchases.
Pros and Cons
The NHL® Discover it® Card offers cardholders several advantages and some disadvantages. In this section, we’ll evaluate its main pros and cons.
Pros:
- 5% Cash Back on rotating categories each quarter, up to the quarterly maximum, when activated.
- 1% Cash Back on all other purchases.
- No annual fee.
- Cardholders can show their team pride with their choice of officially licensed NHL® team designs.
- First-year cash back match: Discover will automatically match all cash back earned at the end of the first year.
- No foreign transaction fees.
Cons:
- Rotating categories can be confusing and require activation each quarter to take advantage of the 5% cash back, which may not be convenient for all cardholders.
- 5% cash back is limited to the quarterly maximum (typically $1,500 in purchases), after which the cash back rate drops to 1% for the remainder of the quarter.
- Discover is not as widely accepted as Visa or Mastercard, especially internationally, which could limit card use in some situations.
- There are no significant NHL®-related perks, other than team design options for the card.
Application Process
The application process for the NHL® Discover it® Card is straightforward and can be completed online. To begin, visit the official Discover website and select the “Apply Now” button. Ensure that you have your personal and financial information at hand, as you will be required to fill out an online form.
During the application process, you will be asked to provide your personal details, such as your full name, date of birth, social security number, and contact information. Furthermore, you will need to supply your financial and employment information, including your annual income and employment status.
Once your application is submitted, Discover typically provides an instant decision on your application. In some cases, additional information or verification may be required, potentially resulting in a brief delay.
If approved, you will receive your NHL® Discover it® Card in the mail, along with information on your credit limit and how to set up your online account. Make sure to activate your card and enroll in any cashback bonus programs, such as the 5% cashback rewards in rotating categories, to maximize your card benefits.
Conclusion
The NHL® Discover it® Card offers solid rewards for hockey fans and cash back enthusiasts alike. With up to 5% cash back in rotating categories and 1% on all other purchases, cardholders can potentially earn significant rewards throughout the year.
Some additional advantages of this card include:
- No annual fee
- Discover’s Cashback Match™ at the end of the first year
- NHL® Team Shop and Shop.NHL.com discounts
- Introductory APR offer on purchases and balance transfers
While this card may not be ideal for those who prefer a flat-rate cash back card or those with specific travel rewards needs, the NHL® Discover it® Card is a strong option for NHL fans and individuals looking for a versatile cash back card with limited fees.