The Discover it® - $150 Cash Back card is a new credit card from Discover which is similar to it's other Discover it Card, but with a few key differences. We'll say it up front, the Discover it® - $150 Cash Back card is one definitely one of the best credit cards on the market today.

With the Discover it® - $150 Cash Back credit card, cardholders earn 5% cash back on up to $1,500 in purchases on categories that rotate each quarter throughout the year with free and easy sign-up, and 1% cash back on all other purchases, all year long. The card also offers a Cashback Concierge℠ program, which helps cardholders get the most possible cash back rewards from the card. In addition, Discover is known for their excellent customer service. What sets this card apart, however, is that it offers a $150 cash back bonus after you spend $750 on purchases in the first three months that you have the card.

The card also offers an introductory reduced APR period on balance transfers for 6 months.

As with the other Discover it consumer credit cards, the Discover it® - $150 Cash Back card also offers a $0 Fraud Liability Guarantee so cardholders aren't liable for unauthorized charges on their card. Lastly, the card has no annual fee, no overlimit fee, no foreign transaction fee, and paying late will not raise your APR.