How to Earn Points and Miles for Free Travel
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Our take
The card has no annual fee, a little tolerance to late payments and an attractive 14-month long balance transfer offer with zero APR. An equal promotional period of zero APR on purchases makes it possible to you to earn rewards while paying down your debt without pitfalls (just mind the gap when APRs differ).
Details
- No annual fee.
- Earn 5% cash back in new bonus categories each quarter like gas, restaurants, Amazon.com, Sam's Club and more on up to $1,500 in purchases every quarter you activate.
- 1% cash back or more on all other purchases.
- Only Discover automatically matches all the cash back you've earned at the end of your first year.
- 0% Intro APR for 14 months on purchases and balance transfers.
- Redeem your rewards for cash in any amount, any time. Your cash back never expires.
- Paying late won't raise your APR. No late fee for your first late payment.
- Freeze your account in seconds with an on/off switch on either the mobile app or website to prevent new purchases.
Pros
5% cash back
No annual fee
0% Intro APR for 14 months
Cons
No sign-up bonus
3% fee for each balance transfer
Recomended Credit score
Poor
300
Fair
630
Good
690
Excellent
720
850
Rewards
Supermarkets
5% cashback
limited to $1,500
spending per quarter
Other
1% cashback
Balance transfer offer
Balance transfer intro apr
0%
Balance transfer intro apr duration
14 months
Balance transfer regular apr
13.99-24.99%
variable
Balance transfer fee
3%
Rates and fees
Purchase regular apr
13.99-24.99%
variable
Cash advance apr
26.99%
variable
Regular annual fee
$0
Cash advance fee
5%
min $10
Foreign transaction fee
0%
Late payment fee
up to
$37
Return payment fee
up to
$37
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