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Finding a rewards credit card that maximizes your cash-back earnings can be difficult.

There are a ton of options available. Heck, your mailbox is probably full of those “You’ve been pre-qualified!” flyers. But your goal is simple: Pocket as much cash back as possible.

That’s why we like the Discover it® Cash Back card.

Throughout the year, you’ll earn 5% cash back on your purchases from different places each quarter (up to $1,500 per quarter) when you sign up. All other purchases earn 1% cash back. Plus, at the end of your first 12 months as a new cardholder, the Discover it® Cash Back card will match your cash back. That means you’ve just doubled your money.

Earn 5% Cash Back — and Get it Matched at the End of the Year

After you sign up, each quarter, the Discover it® Cash Back card will reward you with 5% cash back on your purchases from various retailers. Here’s the quarter-by-quarter category breakdown for 2021:

  • January to March: Grocery stores, Walgreens and CVS (excludes Target and Walmart)
  • April to June: Gas stations, wholesale clubs and select streaming services
  • July to September: Restaurants and PayPal
  • October to December: Amazon, Walmart (online) and Target (online)

Anything you charge to your card during those months that doesn’t fall into those categories will still get you unlimited 1% cash back. Note: In the 5% cash-back categories, you’ll get 5% cash-back on up to $1,500 in purchases each quarter. In-category purchases over $1,500 will earn 1% cash-back.

And here’s the best part: At the end of your first 12 billing cycles, the Discover it® Cash Back card will double your cash back. So say you earned $150 in cash back. That means you just automatically got $300. That’s some solid passive income.

If you don’t want cash back, you can also redeem your rewards for gift cards and charity donations.

Curious to see how much cash back you can earn (and get matched) with the Discover it® Cash Back card? It takes minutes to apply online.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

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