Discover Credit Card
The Discover Credit Card is among the top-rated cards in the country. The cards created a splash on their debut in 1985 – it was the first card with no annual fees and cash back of 2% on spends. There’s been no looking back ever since and Discover cards are still as popular even though the management has changed hands. The cards rank as high as the other top cards like Citicards and Chase cards. Here’s a list of the best Discover cards around:
Discover More Card
Ideal use: People who want to transfer their existing credit card balances, people who maintain a revolving balance, and people hungry for rewards
This card does not charge any balance transfer fee and features a 0% APR on balance transfers and purchases for 12 months, making it ideal for people who are weighed down by existing credit card debt. It rewards users with 5% cash back on gas, restaurants, supermarkets, and more. Plus, when users shop through Discover.com, they get a massive 20% cash back. There are no redemption fees to pay and the rate of interest is just 10.99%, which also makes it an ideal low interest card for folks who keep a revolving balance.
Miles Discover Card
Ideal use: For frequent travellers
Miles is one of those freewheeling, no-restrictions type of Discover cards that gives its users complete freedom of choice. The card credits customers’ accounts with 1,000 travel miles every month in the first year when they swipe the card to buy stuff. There’s more – users get 1 mile per $1 spent and are given flexible options when it comes to redeeming the miles. They can exchange the miles for travel credits, gifts or even cash. Unlike other cards, the Miles Discover card does not impose any restrictions – users can fly on any airline, choose any hotel or car rental. The best thing about the card is that there are no blackout dates. Users are not charged any annual fee and are insured against secondary collision when they exchange their Miles for a car rental. Finally, Miles Discover card has a 0% intro APR period that’s good for 6 months and the rate of interest is low as well (10.99% variable).
Discover Student Card
Ideal use: students
The idea of the Discover student cardis to help students build up their credit history from a young age. Parents, who pay the monthly balances, also enjoy many conveniences because they can keep a tab on what their child is spending on and are secure in the knowledge that their child is learning how to control his finances and is spending on the right things. This Discover card offers a 0% APR on purchases for the first 9 months and the rate switches to a minimum of 13.99% variable thereafter. Students get 5% cash back on gas, restaurants, supermarket and other purchases. They even get 20% cash back when they shop online with retailers who have partnered with Discovery card. Aside from these, students get 1% cash back on anything else that they purchase. No annual fee is charged and balance transfers are not allowed. (theses are the rates at the time of writing)