If you have a very good credit score and you are looking for good cash back programs, then you might want to get hold of the Discover® More® Card - $50 Cashback Bonus® credit card by Discover. This one offers $50 cashback when your purchases hit $599 during the first 3 months upon activation.

Cardholders will be able to ear a 5% Cashback Bonus through the rewards program when the credit card is used for gas, restaurants, movies, travel, and more. General purchases can also earn you and all other purchases also get you a 1% Cashback Bonus automatically.

Discover also throws in an additional bonus with the Discover More Card with an opportunity to double up the cashback bonus when redeeming the rebates from Discover Card Partners for gift certificates. You do not have to worry about any annual limit on the rebates that you can earn. The rebates also do not expire as long as you keep the account active within a 3-year period.

The credit card also gives some platinum benefits in addition to the rewards program in place. This includes an accident insurance when you travel worth $500,000, coverage for auto rentals, fraud protection, and security protection. Of course there are also discounts for card holders for a lot of services and products when card holders avail of them at participating retailers and merchants.

Take note that the highest rebates will not be applicable to all purchases. The 1% rebate will only take effect when you spend over $3,000 in a year. This means that the actual rebate will be lesser than 1% and that depends on how much you spend using the credit card.

Thumbs up Features: 0% intro rate, no annual fee, double cash rebates when used with participating merchants and retailers.

Thumbs down Feature: Low interest rate is not available for all applicants

Important Rates and Fees information

• 0% Intro APR: this applies for all purchases within the first six months and 0% for balance transfers for the first year of the card

• Purchases APR: 12.99% minimum

• Cash Advance APR: 23.99%

• Cash Advance Fee: 5% for every cash advance; minimum of $10 and no max

Summary of Rewards Program

• Rebate minimum of 0.25%, maximum of 5%

• Earn the 5% Cashback Bonus for spending on travel, restaurants, gas, movies, and more; all other purchases automatically earn 1%

• Inactivity of the account for 36 months may result into invalidity of portion or all of the cashback bonus

• Get the $50 Cashback Bonus when you spend at least $599 for the first three (3) months of your credit card

Other Features

• You can personalized the design of the credit card
• Various services related to the account online
• Travel accident coverage of up to $500K
• Security and fraud protection services
• Insurance when you rent a vehicle
• Discounts for different services and products with participating retailers and merchants

VERDICT

Discover® More® Card - $50 Cashback Bonus® Credit Card is ideal for those who spend around $3,000 in a year (for the 1% cash rebate), those who want get double cash rebate by using their credit card with participating retailers, and those who actually pay in full every month after the expiration of the intro rate to avoid hurting their pockets with the finance charges.