Published On : October 13, 2021 by: Sakshi Sharma/Category(s) : Banking & Finance
Discover offers several credit cards, with interest rates ranging from 12.24% to 22.24%. This article will help you out with simple ways to apply for a Discover credit card. The Discover It® card and Discover it® Chrome offer 5% cashback rotating categories each quarter, up to $1,500 in combined purchases each quarter.
Discover also offers a card with no annual fee, a balance transfer offer, and credit cards that offer 0% introductory APR on purchases and balance transfers. The Discover it® Student Card is also available to those who meet the Discover it® Young Americans requirements. Discover Card, a Cardmember Rewards program, offers credit cards that allow you to earn cashback on everyday purchases, with no limits and no caps. Discover Card also gives you access to a 24/7 Personal Financial Assistant who can walk you through every step of managing your credit, whether you use your card or not. Let us begin with this comprehensive post!
Table of Contents
Cash Back Credit Card– Receive a 5% cashback on daily items bought at various locations throughout the quarter, up to the quarterly maximum when you activate. In addition, earn an unlimited 1% cashback on all other purchases. Get unrestricted Cashback Match just available from Discover. At the end of your first year, Discover will automatically match all cash back you’ve earned! 1 There are no minimum or maximum spending requirements. It’s only a dollar-for-dollar match.0% Intro APR on items purchased and balance transfers for 14 months. Up until January 10, 2022, there is a 3% Intro Balance Transfer Fee. The Standard Variable Purchase APR will range from 11.99 percent to 22.99 percent, with a fee of up to 5% for future balance transfers.
Student Cash Back Credit Card- Earn 5% cashback on daily purchases at various locations each quarter, equivalent to the quarterly limit when you activate. In addition, get an unlimited 1% cashback on all other transactions – automatically. There is no yearly charge and you may receive limitless Cashback Match. Only available through Discover. At the conclusion of your first year, Discover will automatically match all cash back you’ve earned! There is also no requirement to spend a certain amount of money or to receive a certain number of prizes. It’s only a dollar-for-dollar match. For the following five years, you will get a $20 statement credit for each academic year in which your GPA is 3.0 or above. Purchases will have a 0% Intro APR for 6 months, followed by a 12.99% – 21.99% Standard Variable Purchase APR.
Secured Credit Card– Get 2% back in cash and up to $1,000 in combined purchases at gas stations and restaurants each quarter. In addition, earn an unlimited 1% cashback on all other purchases — automatically. There is no annual fee. Unrestricted Cashback Match Only available from Discover. At the end of your first year, Discover will automatically match all cash back you’ve earned! There are no minimum or maximum spending requirements. It’s only a dollar-for-dollar match. Wise use will help you build your credit. The standard variable purchase APR is 22.99 percent. Check out the rates, rewards, and other information. A refundable security deposit is required.
Student Chrome Credit Card– Get 2% back in cash and up to $1,000 in combined purchases at gas stations and restaurants quarterly. In addition, earn an unlimited 1% cashback on all other purchases — automatically. There is no annual fee. Unbounded Cashback Match is only available from Discover. At the end of your first year, Discover will instantly match all cash back you’ve earned! There are no minimum or maximum spending requirements. It’s only a dollar-for-dollar match. For the next five years, you will receive a $20 statement credit for each school year in which your GPA is 3.0 or higher. On purchases, there is a 0% Intro APR for 6 months. Then the Standard Variable Purchase APR of 12.99% – 21.99% will apply.
Travel Credit Card– Earnings are limitless. Every dollar spent on all purchases — from airfare and hotels to groceries and online shopping — earns 1.5x miles. There is no annual fee. Unlimited Find a Match At the end of your first year, only Discover will automatically match all Miles you’ve earned. There is no registration, no minimum spending, and no maximum rewards. It’s simply a Miles-for-Miles match. Purchases have a 0% Intro APR for 14 months. The Standard Variable Purchase APR will then range from 11.99 percent to 22.99 percent.
Gas & Restaurants Credit Cards- Get 2% back in cash and up to $1,000 in cumulative purchases at gas stations and restaurants quarterly. In addition, earn 1% cashback on all other purchases — automatically. There is no annual fee. At the end of your first year, Discover will instantaneously match all cash back you’ve earned! There are no minimum or maximum spending requirements. It’s only a dollar-for-dollar match. 0% Intro APR on purchases and balance transfers for 14 months. Up until January 10, 2022, there is a 3% Intro Balance Transfer Fee. Then the Standard Variable Purchase APR will range from 11.99 percent to 22.99 percent, with a fee of up to 5% for future balance transfers.
Credit Card for Business- Get an unlimited amount of 1.5 percent Cash Back. Earn 1.5 percent cash back on all purchases made. Your prizes are never forfeited. There is no yearly cost, and you may get a limitless Cashback Match. It is the sole business credit card that offers Cashback Match. At the conclusion of your first year, Discover will automatically match all cash back you’ve earned! 1 There are no minimum or maximum expenditure requirements. It’s only a dollar-for-dollar match. Purchases will have a 0% Intro APR for 12 months, followed by a 12.99% to 20.99% Standard Variable Purchase APR.
NHL® Credit Card- Earn up to 5% cashback on daily purchases at various locations each quarter, up to the quarterly limit when you activate your NHL® Credit Card. Plus, receive an unlimited 1% cashback on all other transactions – automatically and without an annual charge. At the conclusion of your first year, Discover will automatically match all of the limitless cash back you’ve earned! 1 There are no minimum or maximum expenditure requirements. It’s only a dollar-for-dollar match. With a 0% Intro APR on purchases and debit transfers for 14 months. Up to January 10, 2022, there is a 3% Intro Balance Transfer Fee. Then the Standard Variable Purchase APR will range from 11.99 percent to 22.99 percent, with a charge of up to 5% for future cash advances.
Discover is not a Visa or Mastercard brand. It’s more like an American Express card, but they’re not identical. Discover is comparable to Visa, Mastercard, and American Express in that they are all card networks.
Discover is not a horrible credit card business in general. Discover is an excellent credit card business for the majority of people since it has credit card options for people with all credit levels and its cards all feature $0 annual fees as well as incentives.
What Exactly Is a Discover Card? Discover Card is a credit card brand offered by Discover Financial, an American financial services corporation (DFS).
The minimum credit limit for a Discover it® cardholder is $300, and no cardholders reported a credit limit beyond $20,000 (but we’ve personally heard differently, with one cardholder having a credit limit of $25,500).
Why is Discover not as well-known as Visa or Mastercard? There are several causes for this. Because Discover cards are roughly one-seventh the size of Visa cards, retailers may not have as much motivation to accept them. Discover occasionally costs retailers more than Visa or Mastercard for card acceptance.
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