Discover MotivaSM Card - Card details and review

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Apply online for Discover<sup>®</sup> Motiva<sup>SM</sup> Card

Discover^® Motiva^SM Card
This card is best for consumers that like the idea of being rewarded for responsible behavior and occasionally carry a balance.

Intro APR
0%

Regular APR
10.99% - 20.99%*

Intro APR Period
15 months*

Credit Score
Excellent

Card Category
Balance Transfer, Low Interest, Low Intro Rate, Miles/Points, Reward

CardRatings

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Credit Type

Required Score

Excellent Credit

750 — 850

Good Credit

690 — 749

Fair Credit

640 — 689

Poor Credit

Poor

It is ok to estimate your credit. If you do not know your credit score you can get your free credit score instantly here

Credit Card Review

by Card Expert Curtis Arnold

This is a card that pays you back for paying on time. Each time you pay at least the Minimum Payment Due by the Payment Due Date for each billing period in which there is a required payment, you may earn additional Cashback Bonus. Earn up to 20% Cashback Bonus at popular retailers when you shop online through Discover.com. Plus up to 1% cash back on all purchases. And as with many of the other Discover programs, you can get more bang for your bucks every time you redeem for gift cards or instant eCertificates from over 200 brand-name partners. There is a low introductory balance transfer and purchase APR. There is no annual fee. Downside: APR ranges from average to high depending on your credit score and balance transfer fee applies

Discover^® Motiva^SM Card Details

Card Issued By:

Discover

General Correspondence Address:

PO Box 30943 Salt Lake City UT 84130

Card Type:

Discover

Card Class:

Platinum

Card Category:

Balance Transfer, Low Interest, Low Intro Rate, Miles/Points, Reward

States Available In:

ALL

Minimum Credit Limit:

N/A

Maximum Credit Limit:

$50000 max.

Credit Limit Notes:

Credit Card Rate Information

Purchase

Balance Transfer

Cash Advance

Index:

Prime

Margin:

7.74 - 17.74

20.74

Standard APR:

10.99% - 20.99%*

10.99% - 20.99% Variable

23.99% Variable

Standard APR Floor:

None

Introductory Rate:

None

Introductory Period:

15 months*

N/A

Finance Calculation Method:

Average Daily Balance

Purchase Grace Period:

25 days

Default/Penalty APR:

15.99% - 25.99% Variable.

Default/Penalty Margin:

12.74 - 22.74

Default/Penalty APR Floor:

None

Maximum Default APR:

25.99%

Penalty/Default Trigger:

Each time you fail to make a payment when due, Discover may, in accordance with applicable law, (i) terminate the availability of any introductory/promotional APRs on new transactions, and (ii) increase your APRs for new transactions to variable Default Rates which will be determined by adding up to an additional 5 percentage points to the otherwise applicable APR. Your Default Rate is determined based on your creditworthiness and other factors such as your current APRs, and your account history

Credit Card Fee Information

Annual Fee:

None

Foreign Transaction Fee:

None

Late Fee:

Up to $35 max.

Over-the-limit Fee:

None

Balance Transfer Fee:

3% fee

Cash Advance Fee:

5% ($10 min. ). Either $10 or 5% of the amount of each cash advance, whichever is greater

Rebates/Notes

Rebate Description:

Earn Cashback Bonus for your good credit management. Up to 20% Cashback Bonus when you shop through Discover.com.

Special Notes:

Earn Cashback Bonus for your good credit management. Each time you pay at least the Minimum Payment Due by the Payment Due Date for each billing period in which there is a required payment, you may earn additional Cashback Bonus.