Discover it® - 18 Month Balance Transfer Offer Discover it<sup>®</sup> - 18 Month Balance Transfer Offer
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Discover it® - 18 Month Balance Transfer Offer Review

Apply for a Discover it® - 18 Month Balance Transfer Offer card
Rating:
Bottom Line:
Combines an 18-month 0% intro APR on balance transfers with cash back rewards; Double your cash back at end of 1st year

Full Review:
The Discover it® - 18 Month Balance Transfer Offer card is a great balance transfer card that offers both the opportunity to earn significant cash rewards and an 18-month 0% APR. It's also ranked as one of the top cards for customer satisfaction by J.D. Power in it's 2017 study. The best part is that these terrific benefits and rewards are available to those with average to excellent credit (usually considered to be a credit score above 670)!

If you're paying high interest on your other card balances, Discover it® - 18 Month Balance Transfer Offer's 18-month 0% intro APR will take you until almost the end of 2018 interest-free. In addition, you'll enjoy a 0% purchase APR for the first 6 months of card ownership and a low ongoing APR rate.

Discover it® - 18 Month Balance Transfer Offer's cash back rewards can be quite lucrative, starting with 5% cash back (up to the quarterly max - currently $1,500 - then 1% back) in categories that rotate quarterly, and a standard 1% cash back on all other purchases. For Q4 (October 1st through December 31st) the 5% categories are Amazon and Target, which are great for the holiday shopping season. Although you do need to sign up each quarter to get the 5% back, Discover has automatic emails you can register for that prompt you to sign up. On top of these great ongoing rewards, Discover will match all the cash back you've earned at the end of your first year. So if you earned $300 at the end of year one, it will be doubled for a total of $600! This is a huge bonus, actually doubling the 5% back categories to an enormous 10% back, and although it only happens in your first year it's still a great feature that we haven't seen offered by other cash back cards.

The Discover it® - 18 Month Balance Transfer Offer card includes a free TransUnion FICO® Score on your monthly statement, a handy way to keep aware of any changes or updates to your TransUnion credit report. And the card's Discover Freeze it technology lets you "freeze" your card from your computer or smartphone, preventing new purchases, balance transfers and cash advances. It's a very convenient feature, especially if you're in a situation where you can't find your card and you're not quite ready to call and cancel it yet. Yet another great feature are the free identity theft protection alerts Discover provides, which help protect users by monitoring for misuse of their information.

If you travel outside the U.S. you'll appreciate that the Discover it® - 18 Month Balance Transfer Offer card has no foreign transaction fees. This is a nice money-saving feature, and combined with the fact that the card features a smart chip will make international travel more enjoyable. There are also no overlimit fees, and there is no late fee on your first payment.

The Discover it® - 18 Month Balance Transfer Offer card is the perfect pick for anyone in the market for a card with an money-saving 0% intro APR for 18 months on balance transfers and the ability earn some very generous ongoing cash back rewards.

Highlights From Discover
  • INTRO OFFER: Discover will match ALL the cash back earned at the end of your first year, automatically.
  • Earn 5% cash back at Amazon.com and Target now through December 2017, on up to $1,500 in purchases when you activate. Plus, 1% cash back on all other purchases.
  • Redeem your cash back for any amount, any time. Cash rewards never expire.
  • 100% U.S. based customer service.
  • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • New! Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.

Rewards
  • Discover will automatically double all the cash back you've earned at the end of your first year. This offer is only for new cardmembers.
  • Earn 5% cash back in rotating categories each quarter up to the quarterly maximum (currently $1,500) each time you activate.
  • Earn 1% cash back on all other purchases, with no limit on how much you can earn.
  • Earn 5% to 20% Cashback Bonus through exclusive online shopping mall.

Redeem Rewards
  • Rewards are redeemable in any amount at any time.
  • Deposit into your bank account or credit your Discover card account.
  • Turn your cash rewards into more when you redeem for gift cards or eCertificates from over 100 brand-name Partners.

Fees and APR
  • Annual Fee: $0
  • Foreign Transaction Fee: None.
  • Purchase APR: 0% APR for the first 6 months, then 11.99% - 23.99% Variable, depending on creditworthiness.
  • Balance Transfer APR: 0% Intro APR for 18 months, then 11.99% - 23.99% Variable, depending on creditworthiness.
  • Balance Transfer Fee: 3% of the amount of each transfer.


Apply for a Discover it® - 18 Month Balance Transfer Offer card

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Card Details

Features:5% cash back on purchases within select categories up to the quarterly maximum (signup required); unlimited 1% on all other purchases
Purchase APR:0% for first 6 months, then 11.99% - 23.99% Variable
Balance Transfer APR:0% for 18 months, then 11.99% - 23.99% Variable
Annual Fee:$0
Credit Needed:Excellent, Good, Average

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