Great Credit Cards from Discover for Consumers with Excellent Credit

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Credit Card Applications » Research » Reviews » Discover » Discover Cards: Breaking Through Zero APR and Cash Back Rewards Program

Discover Cards: Breaking Through Zero APR and Cash Back Rewards Program


Updated: June 5, 2018

The content is accurate at the time of publication and is subject to change.
Discover it® Cash Back
Discover it® Cash Back Expert Rating:
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Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.

Earn unlimited 1% cash back on all other purchases – automatically.

Discover offers two rewarding credit cards to the consumers with average to excellent credit history. These two Discover cards look the same but they are different. Both cards do share majority of the features but their introductory periods are different. One card offers 14 months of 0% interest introductory period on purchases and balance transfers while another comes with 18 months of 0% interest introductory period on balance transfers and 6 months of intro APR on purchases.  The first card is a good option for shopping lovers and the second is for those who are looking for a balance transfer credit card.

Discover it® Cash Back
0% for 14 months on Purchases
0% for 14 months on Balance Transfer
BEST FOR PURCHASES
Discover it® Balance Transfer
0% for 6 months on Purchases
0% for 18 months on Balance Transfer
BEST FOR BALANCE TRANSFERS

CARDS' VALUE

Discover endowed their cards with features that a rare credit card issuer will dare to combine together. But since Discover cards are for people with excellent credit history or close to excellent credit, Discover challenged to mix everything they could. Discover took $0 annual fee, added $0 late fee on first payment, sweetened it with no APR increase, and topped it with $0 overlimit fee.

Credit Level Recommended:
Excellent, Good
Ongoing APR: 13.74% - 24.74% Variable
Annual Fee: $0
Balance Transfer Fee: 3%
GENEROUS REWARDS

Discover allows earning 5% cash back in special purchase categories like gas, restaurants, Amazon and more - on up to $1,500 every quarter you activate. The categories change four times a year (every quarter) and you will need to sign up each time a new category starts. Every category has a maximum of cash back you can earn. All other purchases will bring you 1% Cash Back without limits and expirations. Also, you will get a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, provided you are a new Discover cardmemeber.

CALENDAR REWARDS
JAN-MAR '18
Gas Stations & Wholesale Clubs
APR-JUN '18
Grocery Stores
JUL-SEP '18
Restaurants
OCT-DEC '18
Amazon.com & Wholesale Clubs

Rack up more cash back by shopping at more than 200 online retailers like BestBuy.com, Macy’s and Kmart through Discover Deals. Here you can earn from 5% and up to 25% cash back on purchases.

Earn up to 25% Cashback Bonus on major brands:

ENJOY REWARDS

Earned cash back can be redeemed at Amazon.com, iTunes and many others - just choose to pay with your credit card rewards at checkout - one cash back dollar will be equal to one U.S. dollar. Increase your credit card rewards when you redeem them for gift cards. You will be able to choose between more than 150 top brands gift cards. And if you prefer cold hard cash you can redeem your rewards for cash and get them with a direct deposit to your account or as a statement credit.

REDEEM REWARDS
AT BRANDS
FOR GIFT CARDS
FOR CASH
DISCOVER BENEFITS

Discover gathered all benefits consumers would like to see on their credit card and packed their Discover cards with them.

TRAVEL BENEFITS
Travelers can forget about foreign transaction fees when they travel abroad – Discover does not charge them when you use your card for purchases outside of the U.S.
SHOPPING BENEFITS
Frugal shoppers will find price protection included in their card. If you see your just purchased device at a lower price, Discover can cover the difference.
FREE FICO CREDIT SCORE
The most remarkable and attention worthy service offered by Discover is a Credit Scorecard. This service allows you to view your FICO credit score, the number of credit accounts you have, length of your credit, recent inquiries, revolving utilization, and number of missed payments. Now you will be at the helm of your credit and can avoid surprises. You can make fast actions and correct your credit behavior if you see your score going downward. If your credit score is stable or goes upwards, stick to your current credit management.
CONSIDERATIONS

Discover cards are as alike as two drops of water but they are aimed for different purposes. One is perfect for balance transfers and another is good for big purchases. The annual fee is removed from both cards. The first late payment won’t drive sky high your introductory APR and you won’t be charged a penalty fee. Always generous cash back rewards from Discover will help you save more on your purchases. And if you need some assistance, a real person will kindly explain you everything any time you want.

Discover it® Cash Back
0% for 14 months on Purchases
0% for 14 months on Balance Transfer
Discover it® Cash Back
Discover it® Balance Transfer
0% for 6 months on Purchases
0% for 18 months on Balance Transfer
Discover it® Balance Transfer

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
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  • Josie Brown

    A really generous offer, awesome card! 5% is amazing compared to other cards. I worked to build my credit up to this point and got this card as soon as I could. Discover never fails me, their customer servise is always helpful and never condescending like in other banks… Way to go, Discover!

  • Steven Hayes

    I built my credit score just to get this card! Discover never left me dissapointed. Any problem or question – just call and everything will be resolved carefully. With this card I really feel myself a valued customer. Not to mention their cash back ofers!

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