The Discover More Card – 18 Month Promotional Balance Transfer offer is a great time-limited promotion only for new sign-ups in the US. For those of you who want to consolidate your high-interest credit card debts or store card debts and want to stop paying any interest on them, listen up.

Under this offer, you get 0% introductory APR on balance transfers for 18 months (one of the longest in the market)! You’ll also enjoy a 0% intro APR on purchases for the first 6 months of account opening. This promotional card, issued by Discover Financial, is also a rewards credit card, offering you cash back whenever you spend on your card.

Here we do a detailed review of the Discover More Card – 18 Month Promotional Balance Transfer, one of the best credit cards in the US for balance transfers and rewards, and tell you how we rate this card.

Things We Like About This Card

No annual fee. Enjoy the cash back rewards and other exclusive cardholder benefits of this card at no charge at all.

0% introductory APR on balance transfers for 18 months. This is a limited-time promotion only for NEW customers who sign up. For the first 18 months, you will enjoy a 0% introductory APR on all balance transfers. This is a great deal if you plan to take advantage of the introductory 0% balance transfer by transferring your high-interest credit card debt or store card debt to this new card account, so that you pay ZERO interest on your transferred balance for 18 months. This allows you to pay off your existing debt faster as you stop paying interest on it. After those 18 months, your variable APR will be between 10.99% and 20.99%, depending on your credit score. Make sure to pay off all your debts within the 18 months so that you won’t incur the higher non-promotional interest rates. Note that you still have to pay a balance transfer fee of 3% even though you pay no interest.

0% introductory APR on all your purchases. You will also enjoy the benefit of having a 0% introductory APR on all your purchases for 6 months, after that you will have to pay the regular APR, which is between 10.99% – 20.99%, depending on your credit score. Remember that even though you’re in an introductory period and your APR is 0%, you should still make all your payments on time.

Earn 5% Cashback Bonus in rotating categories. Unlike many other 0% balance transfer cards, this card offers you cash rewards when you make purchases with it. It can help you save a lot of money by giving you 5% cash back in rotating categories such as gas, travel, restaurants, etc, which change throughout the year. Important note: You must enroll for each 5% program every quarter! If you spend more than the specified amount for each 5% program, the excess will automatically earn up to 1% cash back.

Here are the 5% cashback categories for 2011:

Receive up to 1% unlimited cash back on all other purchases. You will receive an unlimited 1% rebate on all the rest of your purchases, but only once your total annual purchases exceed $3000. Purchases that are part of your first $3000 earn 0.25% rebate. Keep in mind that warehouse purchases or 5% category purchases do not count towards your total annual purchases.

Redeem Cashback Bonus for gift cards, merchandise, or cold hard cash in the form of a direct deposit to your bank account or a credit to your Discover card account in $50 increments, starting at $50.

Get up to double Cashback Bonus. You can earn up to double Cashback Bonus when redeeming your rebates for gift certificates from participating retailers. To give you some examples, a $40 rebate can be redeemed for a $80 Carnival Cruise or $80 Celebrity Cruises gift card or instant eCertificate; a $40 rebate can be redeemed for a $100 certificate from Hyatt Hotels & Resorts; a $20 rebate can be exchanged for a $40 Samsonite gift card!

Rebates don’t expire. Your rebates never expire unless your credit card account is inactive for more than 36 months.

Earn rewards for paying your monthly household bills with your card. Set up automatic recurring payments for your cable, cell phone, insurance, internet etc on your Discover Card, and you earn Cashback Bonus with every bill you pay!

Travel insurance. This credit card can also be very useful for your travels since it provides up to $500,000 in travel accident insurance, as well as car rental insurance and many fraud and security protection services.

$0 Fraud Liability Guarantee. If there are any unauthorized transactions on your Discover card, you won’t have to pay a single cent for it!

Our Least Favorite Things About This Card

Only receive 1% cash back if you spend more than $3,000 a year. You only start earning the 1% rebate on all your purchases after you spend more than $3,000 during the year. So if you’re not planning on spending so much money, you will get a smaller amount in cash back percentage.

Our Verdict: 4.7/5 Stars

This Discover More Card – 18 Month Promotional Balance Transfer is, without a doubt, the best rewards card in the US that offers the longest period (18 months) of 0% intro APR on balance transfers. This is a promotional card offer that is only for NEW sign-ups who apply. For those who want to consolidate their high-interest credit card debts or store card debts, you should take advantage of this offer because it means you don’t have to pay any more interest on your existing card balance, and have up to 18 months to repay it all – interest free! Not only will it save you tons of money, you will also become debt-free faster.

The Discover More Card – 18 Month Promotional Balance Transfer is also a rewards card, giving you cash back whenever you make purchases or pay bills with this card. This lets you save even more money. With no annual fee, you have even more savings, and have a lot to gain from having this card.

This is not a permanent card offering, so don’t miss it if you want to take advantage of the 18-month 0% balance transfer deal. Apply online for the Discover More Card – 18 Month Promotional Balance Transfer, and you’ll get a response within 60 seconds.

Click here to go to Discover’s official application to apply online for the Discover More Card – 18 Month Promotional Balance Transfer now.

• Credit Card Name
• Reward Type
• Introductory APR
• Typical APR
• Annual Fee

• Discover® More Card - 18 Month Promotional Balance Transfer
• CashBack
• 0% Intro APR
• 10.99% - 20.99% (V)*
• $0

• 0% intro APR on purchases for 6 months, then the variable standard purchase APR of 10.99% - 20.99%*
• 0% intro APR on balance transfers for 18 months, then the variable standard purchase APR of 10.99% - 20.99%*
• 5% Cashback Bonus® in categories that change like gas, restaurants, department stores and more. Limitations apply*
• Discover is ranked #1 in customer loyalty--16 years in a row! (2012 Brand Keys Customer Loyalty Engagement Index report)
• 24/7 access to a U.S.-based Account Manager within 60 seconds
• $0 Fraud Liability plus automatic mobile and email fraud alert options
• Great rewards with no annual fee, no rewards redemption fee, and no additional card fee
• *Click apply to view rates, fees, rewards, limitations and other important information

• Additional Rebates: 5% Cashback Bonus® in categories that change like gas, restaurants, department stores and more. 5% to 20% Cashback Bonus® at over 200 top retailers through our online shopping mall.
• Rebate Details: Up to 1% unlimited Cashback Bonus® on all other purchases. See the Discover® More Card terms and conditions for more information.
• Additional Perks: Various Internet account related services. Up to $500,000 in travel accident insurance. Fraud and security protection services. Auto rental insurance. Discounts on products and services at participating merchants and retailers. Turn your Cashback Bonus® into bigger rewards every time you redeem for gift cards or instant eCertificates from over 100 brand-name Partners. Flexible redemption options with no redemption fee. Choose from Partner gift cards, merchandise, Discover gift cards, credit to your Discover card account or an electronic deposit to your bank account. See website for additional benefits.

• 0% APR on Purchases for 6 months and 0% APR on Balance Transfers for 18 months. See terms and conditions for complete details.

• APR For Purchases: 10.99% - 20.99% (V)*
• APR For Cash Advances: 23.99%

• Annual Fee: $0
• Cash Advance Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater.
• Balance Transfer Fee: 3% of the amount of each transfer.
• Late Payment Fee: Up to $35

Read Our Review Of Discover® More Card - 18 Month Promotional Balance Transfer