American Express vs Discover

Discover CASHBACK pays 17.49% APR; American Express CASHBACK pays 19.49%. Trade-offs depend on what you prioritize — see the breakdown below.

Option A

American Express

19.49%
APR
Min
$0
Fee
$0/mo
Best for: INTRO OFFER: Unlimited Cashback Match for all new cardmembers. Discover will automatically match all the cash back youve earned at the end of your first year! Theres no minimum spending or maximum rew
Open with American Express
Option B

Discover

17.49%
APR
Min
$0
Fee
$0/mo
Best for: Apply and find out your welcome offer. As High As $300 cash back* after you spend $3,000 in purchases on your new Card within the first 6 months of Card Membership. Welcome offers vary and you may not
Open with Discover

How this comparison was built

Rates and fees are pulled from each provider's published rate disclosures and reviewed by our product data pipeline. The verdict above is generated from the verified data — we don't accept payments to influence rankings. Last refreshed 9/6/2026.