The Discover it® Card is America’s first cash rewards credit card, and I think it has some of the most pleasant customer services in the credit card industry. The Discover it credit card is issued by Discover Financial (NYSE:DFS), one of the largest credit card issuers in the US. There are several types and versions of Discover it credit cards (cash back/rewards hybrid cards), and many have similar features. Having reviewed so many credit cards, I can say with confidence that Discover is one of the more competitive card issuers as it frequently comes out with new credit cards for different needs.
Are you thinking of getting a Discover it card, but are not sure which one exactly you should get, and which are the latest offers? You’ve come to the right place. We at DailyMarkets.com get all the latest Discover it credit card offers directly from Discover, so we know which are the latest and hottest deals and can share them with our readers here.
Here’s a quick overview of Discover it cards:
- Discover it cash back cards give you up to 5% cash back on your spending. This 5% applies to certain categories of purchases every quarter. The categories are wide-ranging, and include gas, fashion, travel, dining and many more, so you always have an opportunity to save more money on your regular expenses. Think of cash back cards as discount cards!
- Discover it Cards are very flexible. Your cash rewards can be exchanged for real cash or if you prefer, other types of rewards such as store gift cards or merchandise.
- You can more than DOUBLE the value of your cash rewards if you redeem them for certain partner retailer gift certificates instead of cash. For instance, if you’ve earned a $40 rebate, you can exchange it for a $100 certificate from Hyatt Hotels & Resorts.
- Shop at Discover’s online mall ShopDiscover to earn between 5-20% cash back when you buy stuff from over 200 big-name online retailers such as BestBuy, Groupon, Home Depot, JCPenney etc. Miles card members earn double miles at ShopDiscover.
- Great customer service. Discover it Card ranked #2 in customer satisfaction among major US credit card companies in 2010, behind American Express.
- Choose from a huge selection of card designs. With this option, you don’t have to stick to a boring card image.
Below are the highlights of the latest Discover it cards:
The Discover it Card is the main and most popular Discover it card. You get 5% cash rebate on certain sign-up categories of purchases that change every 3 months, and 1% rebate automatically on all other purchases. Get up to 20% rebate when shopping at ShopDiscover to save even more money. It also has a special 0% intro APR on purchases and balance transfers for 14 months (10.99%-22.99% variable thereafter).
Read our review of Discover it Card.
The Discover it Card – 18 Month Balance Transfer Offer is one of the best balance transfer cards in the market now. It is a time-limited card that offers a special 0% interest rate for people who transfer any high interest card balance to this new credit card, for a period of 18 months (10.99%-22.99% variable APR thereafter). Cut your card debts and pay zero interest for 18 months with this card. Keep in mind that a 3% balance transfer fee still applies. You’ll also enjoy 0% introductory APR on purchases for 6 months, and a variable 10.99%-22.99% APR after that.
Read our review of Discover it Card – 18 Month Balance Transfer Offer.
The Discover it® for Students is the student version of its flagship Discover it Card which also has the 5% rebate on up to $1,500 quarterly purchases in sign up categories. It also lets you earn up to 20% rebate when you shop through their online mall. Having just acquired The Student Loan Corporation (SLC), the Discover it for Students Card is set to become an even more popular choice of card among college students. This is a good card if you want to build up your credit while in college. It has 0% intro APR on purchases for 6 months, and a standard variable purchase APR of 12.99% – 21.99% thereafter. No annual fee.
Read our review of Discover it Student Card.
Discover it® for Students with $20 Cashback Bonus. This card lets you earn a $20 Cashback Bonus when you make a purchase within the first 3 months of signing up. You also earn cash back rewards on all your spending. Enjoy 5% cash back on purchases when you shop in rotating categories. You get this great cash back on up to $1,500 spent on these purchases each quarter that you sign up for. You also get 1% cash back automatically on all other purchases. If you transfer a balance to this card before 10 October, 2014 you’ll enjoy a low introductory 10.99% APR for 6 months for your balance transfers. After the intro period, there is a balance transfer variable APR of 12.99% to 21.99%. This card has no annual fee.
Read our review of the Discover it for Students with $20 Cashback Bonus here.
Discover it® chrome – 18 Month Balance Transfer Offer. With this card, Discover offers an excellent, no annual fee cash back card with a lot of benefits. It will especially benefit you if you have a balance to transfer as it offers a 0% intro APR on balance transfers for 18 months, 10.99% – 22.99% standard variable APR after that. There is a 3% fee for each balance transfer. Enjoy a 0% intro purchase APR for 6 months, 10.99% – 22.99% standard variable APR thereafter. Cash back fans will enjoy the 2% cash back earned on restaurant and gas station purchases – on up to $1,000 spent in combined purchases per quarter. Earn 1% cash back on all other purchases. No cash back program sign-ups needed. No foreign transaction fee, no overlimit fee and no late fee on your first late payment. You will also be able to view your FICO® score online for free and on your monthly statement.
Read our review of the Discover it® chrome – 18 Month Balance Transfer Offer here.
Discover it® chrome – 14 Month Purchase & Balance Transfer Offer is a no annual fee credit card that gives you 2% cash back on restaurant and gas station purchases (on up to $1,000 in combined purchases per quarter). And you don’t need to sign-up to a cash back program in order to earn the 2% cash back – it’s automatic. You also earn 1% cash back on all other purchases. There is a 14 month 0% intro APR on purchases and balance transfers, after that there is a standard variable APR of 10.99% – 22.99%. There is a 3% fee for each balance transfer. View your FICO® score for free on your monthly statements and online. No foreign transaction fee, no overlimit fee and no late fee on your first late payment.
Read our review of the Discover it® chrome – 14 Month Purchase & Balance Transfer Offer here.
Discover it® chrome for Students. If you’re looking for a fair credit student card that offers decent cash back on ordinary expenses, this credit card’s a good place to start. First of all, it won’t cost you much as it has no annual fee, no late fee on your first payment and for those who like traveling or shopping abroad, it has no foreign transaction fee. Then there’s the 2% cash back that you earn if you spend at restaurants and gas stations, up to a combined purchase limit of $1,000 per quarter. You get a full 1% cash back for all other purchases, and also benefit from a 0% intro APR on purchases for 6 months (after that, the standard variable purchase APR is 12.99% – 21.99%).
Read our review of the Discover it® chrome for Students here.