![]() That’s what makes the Discover it® Balance Transfer card such a game-changer. Indeed, most dedicated balance transfer cards offer next to nothing in the way of rewards and benefits aside from their lengthy intro APR periods, and rewards cards that come with an intro APR usually cap their balance transfer periods at 12 to 15 months. ![]() In that case, you’ll typically have to sacrifice extras like rewards programs, cardholder perks and sign-up bonuses. Now that we have gone through the key features, let's look at them in more detail and also compare them its' peers.Suppose you’re in the market for a balance transfer credit card that offers a long introductory APR period and charges no annual fee. ![]() This helps protect your account if there is a security breach on the merchant's end because the virtual number will be different from your actual one. Virtual Account Numbers - This card also provides you with a unique virtual number each time you use in online to shop. So having this card will save you 3% when you use it abroad. Most bank usually charge a 3% FX transaction fee. There is No Foreign Transaction Fee - One of the great thing about Discover Cards (not just this one) is that they have no foreign transaction fees. We will highlight the merchants in a later part of the review. That means that a $20.00 rebate can turn into a $40.00 gift certificate. So rather than going directly to the merchants' website, all you have to do is just to login into your account and navigate to the merchant's site from there (it is essentially the same site - but it tracks your purchases made on your Discover Card).ĭouble the value of your rebates - But best of all, the Discover® More® Card is that you can up to double the value of the cash rebates you have earned by exchanging them for over 100 merchant partners gift certificate. When you use your Discover card to shop at partner merchants from Discover's website (), you will earn anywhere between 5% and 20% discounts. October-December: 5% cash back on up to $1,500 in purchases at Department Stores and everywhere you shop online through December.Įarn More When You ShopShop - The Shop Discover is another great feature of all Discover cards (and perhaps the best). July-September: Gas, Movies, Theme Parks (cap of $1500) ![]() January-March: Gas, Museums, Movies (cap of $1500)Īpril-June: Restaurants and Movies (cap of $1500) You can earn unlimited rebates which do not expire.ĥ% Rebates for Rotating Categories - Discover also allows you to earn 5% rebates on various categories that rotate once every quarter. Once your annual expenditures exceed $3,000, you earn 1% rebate. For the next $1,500 in annual expenditure (ie $1,500 to $3,000), you earn 0.50% rebate. For the first $1,500 in annual expenditure, you earn 0.25%. The tiered cash back formula is based on your annual expenditure. You can potentially earn up to 1% rebate. In this introduction, we will summarize them neatly here in one page.īase - Let's start with the base rate. In this review, we will look at their main features. The longer and more precise answer is that it is a "rotating category cash rewards card". Many readers ask me "what type of card is the Discover® More® Card? Well, the short answer is that it is a card that allows you to earn cash back.
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