Discover it card has no annual fee. That’s true. But that is not all. If you for some reason go over your credit limit, you won’t be penalized as there is no overlimit fee. Forgot to make your first payment? Pay it later than never because there is no fee for your fist late payment and no APR increase.
Discover offers you to earn 5% cash back instead of 1% in specific categories. You just need to sign up for a category to start saving. The categories change four times a year and you can save on up to $1,500 in purchases within the running category. Want more? Go to Discover Deals to earn up to 20% cash back.
Discover believes that their cardholders should also know their credit score and be able to track it on a regular basis. That’s why they started to add a free FICO credit score to monthly account statements. The FICO score is provided by TransUnion and can be viewed on Discover website and mobile app.Read More about Discover Benefits »