Discover Credit Cards
Written by travelwell on March 9th, 2008Discover Credit Cards has a family of credit cards that offer rewards credit cards, student credit cards, travel rewards credit cards, business credit cards, and other attractive cards. You can compare Discover credit cards and many others by visiting our sister site at LifeCreditCards.Com , You can also apply for your credit card online.
An example of Discover credit cards is The Discover® More(SM) Card. This card is designed for those with very good credit who are looking for a cash reward credit card.
Through the reward program, cardholders earn a 5% Cashback Bonus in categories like travel, home, gas, restaurants, movies, and more. Cardholders also earn up to 1% for general purchases and up to 1% Cashback Bonus on all other purchases automatically.
As an added bonus, cardholders can earn up to a double Cashback Bonus® for redeeming their rebates for gift certificates from participating Discover Card Partners. There is no yearly limit on the amount of rebates that can be earned, and rebates do not expire as long as the account is active within a 36-month period.
The card has no annual fee, an attractive 0% introductory rate on purchases for six months, and a 0% introductory rate on balance transfers for twelve months. The APR for this card is reasonably low for those who qualify.
Finance charges applied use the “Two Cycles Average Daily Balance” method, which is a more costly method in applying finance charges for those who occasionally carry a balance as compared to the “Average Daily Balance” method used by most card issuers.
Aside from the reward program, the card also provides several platinum benefits, including up to $500,000 in travel accident insurance, auto rental insurance, and various fraud and security protection services. Cardholders will also receive discounts on products and services at participating merchants and retailers.
Therefore, those who plan to spend over $3,000 a year (to earn the 1% cash rebate), plan to use their Cashback Bonus® award at participating retailers (to earn double cash rebates), and plan to pay in full each month after the introductory rate expires (to avoid costly finance charges) will benefit most from what the Discover® More(SM) Card has to offer.
It is important to note that like many cash reward cards, the highest rebate offered will not apply to all purchases made with the credit card. In this case, 1% will only be applied only to those purchases made after the cardholder spends over $3,000 in one year, so the overall cash rebate earned will be less than 1%, depending on the amount spent. For instance, if the cardholder were to spend $4,000, only $1,000 of this amount would be applied towards the 1% rebate. However, this does not take into account any promotional offers or the full 5% Cashback Bonus® award.
There are a total of 16 Discover credit cards reviewed at our LifeCreditCards.Com website. The LifeCreditCard.Com site is kept up to date so that you will always have the latest information about the Discover credit cards as well as most other major credit card brands, such as American Express, Citi, and Chase. You can easily compare Discover and other credit cards, find the best card for you and apply for your credit cards online.
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