The New Discover It Card Review – 18 months 0% APR on Balance Transfers

admin | January 4, 2013

One of the largest credit card providers, Discover Card, has made a major redesign in its credit card offerings. They have cancelled the Discover More and Discover Motive card line and introduced the new Discover it® card. The new card design has been talked about this past year and has noted a enhanced cash back program and a friendlier fee structure. It has a good cash back of 5 percent on purchases in certain categories, which change on a quarterly basis, and 1 percent on all other purchase all year round. Cardholders receive a generous 5% cash back on up to $1,500 in purchases for Restaurant and Movie purchases from January through March 2014 with free and easy sign-up.

Other benefits include no annual fee, no over limit fee and no foreign transaction fee. Discover won’t charge a late fee for the first late payment and paying late won’t result in an APR increase. Choose your own due date and pay up to midnight ET online or by phone. Talk to a real person any time with 100% U.S.-based service. 0% Intro APR on balance transfers for 18 months. Then the variable purchase APR applies, currently 10.99% – 22.99%. 0% Intro APR on purchases for 6 months. Then the variable purchase APR applies, currently 10.99% – 22.99%.

I can recommend this card because of the great 0% 18 month balance transfer deal alone, but there is so much more. Fees, where did the fees go? You have no annual fee, no fee for first late payment, no over limit fee, no fee for payments by phone, and no foreign transaction fees. There are also no APR hikes for late payments.

All eligible purchases made with your Discover card are protected for up to $500 during the first 90 days if they’re stolen or accidentally damaged. The extended warranty insurance will extend the terms of the original U.S. manufacturer’s warranty and any purchased warranty for up to 1 extra year, on warranties of 3 years or less.

Fair. No annual fee. No overlimit fee. No foreign transaction fee. Pay up to midnight ET online or by phone on your due date without a fee. Plus, paying late won’t raise your APR.*
Generous. 5% cash back on up to $1,500 in purchases for Restaurant and Movie purchases from January through March 2014 with free and easy sign-up. And 1% cash back on all other purchases.*
Human. 100% U.S.-based customer service available any time.
Safe. Because you’re never responsible for unauthorized charges with our $0 Fraud Liability Guarantee.
Plus, free FICO® Credit Score on your monthly statement to help you stay on top of your credit.*
0% Intro APR* on balance transfers for 18 months. Then the variable purchase APR applies, currently 10.99% – 22.99%. A fee of 3% applies for each balance transferred.
0% Intro APR* on purchases for 6 months. Then the variable purchase APR applies, currently 10.99% – 22.99%.
*Click “Apply” to see rates, rewards, and free FICO® Credit Score terms and other information.

With so many benefits why not try the new Discover It Card today.