Discover It Balance Transfer: The Credit Card to Save on Debts from Other Cards

The Discover card is aimed at the audience looking to save money on debts through a balance transfer with an introductory rate of 0% APR for 15 months and only a 3% introductory rate in the first days with the card.

This makes it a good option for transferring a balance from a debt and saving thanks to the 0% rate. If this is what you’re looking for, you can check out the full article on how to apply.

SEE HOW TO APPLY

Searching for More?

Discover is a banking services network that includes a series of companies, such as the popular Dinners Club International, around the globe.

When it comes to credit cards, Discover offers different lines to meet the various needs of the American public.

The Balance Transfer Card is aimed at those looking to consolidate monthly payments with their credit card.

By transferring a balance from a card with high interest rates to Discover Balance Transfer, you reduce the interest rate and save significant money.

The card comes with a minimum initial credit line of $500, with the possibility of an increase according to the cardholder’s conditions.

No, the card does not feature a specific bonus, as the main focus is on the introductory 0% rate for balance transfers.

The card does not have an annual maintenance fee. For late payments, there is a charge of $41.

To access the credit card, a minimum credit score of 670 FICO points is required.

Yes, you can complete the entire application process entirely online through Discover’s platforms.

Therefore, the card offers an introductory APR rate of 0% for 15 months for purchases and balance transfers, along with a 3% fee for each transition in the first few days.

After the initial days, the rate will be 5%, while the standard variable purchase APR ranges from 17.24% to 28.24%.

By transferring the balance to Discover, the trend is that you save money and use those funds to pay off the debt.

Additionally, the card offers various rewards plans of up to 5% for purchases selected by Discover and 1% on all purchases with the credit card.

Want to learn another option?

Discover also offers the Student Cash Back credit card, aimed at building a credit history for students.

Therefore, if you believe that the Student Cash Back card may be more advantageous for your needs, check out the dedicated article on how to apply.

SEE HOW TO APPLY