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Discover it® Balance Transfer

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Discover it® Balance Transfer

 

Rated 4.5/5 stars by our editorial team

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Your Rating:

3.9/5.0 from 28 Offer Ratings
Over the Past 60 Days!

(28) Over the Past 60 Days!

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  • Regular Purchase APR

    14.24% - 25.24% Variable

  • Intro Purchase APR

    0% for 6 months

  • Intro BT APR

    0% for 18 months

  • Typical Credit Needed

    549

    600

    660

    720

    850

  • Annual Fee

    $0

  • Card Brand

    Discover

Highlights

  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate. Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • 100% U.S. based customer service.
  • Get your free Credit Scorecard with your FICO®
  • Credit Score, number of recent inquiries and more.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
  • No annual fee.
  • See Rates & Fees

Card Fees

  • Foreign Transaction Fee

    None

  • Balance Transfer Fee

    3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*

Additional Card Details

  • $0 Fraud Liability

    Yes

  • Auto Rental Insurance

    No

  • Extended Warranty Program

    No

  • Roadside Assistance

    No

  • Purchase Protection

    No

  • Travel Assistance

    No

  • Flight Accident Insurance

    No

  • Lost Luggage Reimbursement

    No

  • Concierge Service

    No


Expert Reviews

  • Regular APR

    4.5

  • Intro APR

    4.5

  • Fees

    4.5

  • Benefits

    4.0

  • Overall Rating

    4.5 /5

From the LendingTree.com Editorial Team

With the Discover it® Balance Transfer credit card you can earn a solid 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate, 1% unlimited cash back on all other purchases - automatically. The strong earnings categories change on a regular basis through the cash back program calendar associated with the Discover ® More ® credit card program – but they typically include such popular ones as products and services related to travel, dining, groceries, and gas. As an exclusive offer, you can earn double cash back at the end of your first year of cardmembership.

The cash back you earn won't expire as long as your account is open and in good standing, and it's very easy to redeem the cash back you've earned as a statement credit towards your account. You can also redeem the accumulated rewards by making a charitable contribution of your liking, or by converting them into purchasing power for merchandise or gift cards.

The Discover it® Balance Transfer credit card additionally offers new card members an introductory APR of 0% for 18 months on balance transfers and an intro APR on purchases of 0% for 6 months from the date of account opening. There is also no annual fee and no foreign transaction fee, rounding out the host of benefits and cash back opportunities available from this unique rewards card.

The Bottom Line

By offering an excellent cash back program, a great balance transfer offer, and no annual fee, the Discover it® Balance Transfer credit card is a great choice for just about anyone.

The Good

There is no limit to the amount of cash back you can earn with the dollar-for-dollar match intro offer, so you could rake in a huge sum of rewards during your first year. Also, having no annual fee and 0% for 18 months on balance transfers makes this a great choice for people trying to save money on balance transfers.

The Not So Good

This may not be the card for you if you want to earn a consistent rewards rate on all of your purchases or do not like to have to activate the different bonus cash back categories.


Editorial Note: This content is not provided by Discover. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by Discover.

Expert Reviews of the Discover it® Balance Transfer

  • Regular APR

    4.5

  • Intro APR

    4.5

  • Fees

    4.5

  • Benefits

    4.0

  • Overall Rating

    4.5 /5


Consumer Reviews 28 Reviews

Offer Rating

3.9 out of 5.0

5 Star
 
 
(6)
4 Star
 
 
(14)
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(7)
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(1)
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(0)

Your Rating

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+25 users submitted a rating without a full review

Sort by:

By: | Mar 9, 2016

Customer service is great, and this card gives me cash back. Absolutely no issues whatever, and the card looks pretty cool too.

By: | Mar 8, 2016

From outstanding, well-trained US-based customer service, reasonable policies, world-wide acceptance and convenient terms, Discover is my day to today go-to card. I have several other credit cards but none inspire the confidence, trust and integrity as I have come to expect from Discover. Now in my 3rd year of use, I highly recommend it.

By: | Mar 8, 2016

A good card for cash back and balance transfer, but not the best one in the market. Easy and simple to use


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