Discover Card

By updated on June 19, 2013

While some credit card companies like American Express trace their origins back 150 years, Discover has been in business just since 1986. Despite its relative youth, Discover has earned a great reputation for offering rewards on all its credit cards. It was the first company to offer cash-back rewards to customers and one of the first to offer a credit card without an annual fee.

What makes Discover Card different from other credit card issuers?

When it was launched in 1986, Discover Card revolutionized the way credit cards did business. It was the first to offer customers a cash back reward on their purchases, and also pioneered cards with no annual fee and competitive fees for merchants accepting the card.

Today, Discover can be credited with creating an entire market of consumer-friendly rewards credit cards. That includes cards that offer unlimited cash back, as well as travel opportunities and other rewards. Is it any wonder then that a TNS 2008 Consumer Card Strategies Research survey found that more U.S. households choose a Discover Card for cash rewards than any other credit card?

What types of credit cards does Discover Card offer?

Discover's new flagship card, the Discover it Card, aims to "change the way people think about credit cards." The perks begin with its lack of an annual fee -- a unique perk in a card that also offers generous rewards. But the benefits don't stop there: The card also boasts no overlimit, foreign transaction or pay-by-phone fees.

On the rewards side, the Discover it Card offers 5 percent cash back bonus on home improvement purchases up to $1,500 April through June for users that complete the free and easy sign-up process. In addition, the card offers 1 percent cash back on all other purchases. A Discover Cashback Concierge is also available to guide you through the effective use of this card's rewards program.

Finally, depending on which offer you choose, you may find attractive 0 percent offers on purchases or balance transfers. See the terms below for offer specifics. All of this also comes with Discover's $0 Fraud Liability Guarantee and its U.S.-based customer service, which allows you to get account help from a real person around the clock.

Please review the tables below for even more details on the Discover it Card.

How do I choose a Discover credit card?

Before you zero in on zero APR credit cards or apply for the best travel rewards card, you may want to think carefully about how you use your credit cards now and how you intend to use them in the future. If you tend to pay off your credit card balance each month and have excellent credit, you may want to pay more attention to the rewards you can rack up rather than the interest rate.

If you're looking to save money on everyday expenses, a cash back card may be your best bet.

If you want to pay off some existing credit card debt, compare balance transfer offers to find one that offers the longest period of zero percent or low interest financing and has a low balance transfer fee.

For all credit card offers you should compare:

  • Introductory interest rate
  • Regular interest rate
  • Annual fee
  • Rewards program
  • Credit requirements

If you have decided you want to apply for a Discover credit card, look through the credit card offers on this page to see which one best meets your financial goals.

How do I find the best credit cards from Discover Card?

To start, spend some time reading reviews for Discover Card credit cards. Information such as APRs, introductory rates and the level of credit you need to be eligible for the card are factors to consider before you apply for a credit card. It doesn't take long to find the best credit card when you know where to look!

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Discover it® - 18 Month Balance Transfer

Editor's Rating

Apply now for Discover it® - 18 Month Balance Transfer
  • 5% Cashback Bonus on up to $1,500 in purchases at Home Improvement Stores now through June with free and easy sign-up.*
  • 1% cash back on all other purchases.*
  • Plus a Cashback ConciergeSM who guides a free, personalized online tour to help you get the most rewards for how you use your card.
  • No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And we won’t increase your APR for paying late.*
  • Accepted by over 8 million merchants (Feb 2013 issue of the Nielsen Report).
  • 0% Intro APR* on balance transfers for 18 months. Then the variable purchase APR applies, currently 10.99% - 22.99%.
  • 0% Intro APR* on purchases for 6 months. Then the variable purchase APR applies, currently 10.99% - 22.99%. *Click apply for Terms & Conditions.
Apply Now Credit Needed Excellent
Purchase Intro

APR: 0% on purchases

Term: 6 months

Purchase APR

10.99% - 22.99% Variable* 

Balance Transfer Intro APR

0% intro APR

Balance Transfer Intro Period

18 months

Annual Fee

$0 

Discover it®

Editor's Rating

Apply now for Discover it®
  • 5% Cashback Bonus on up to $1,500 in purchases at Home Improvement Stores now through June with free and easy sign-up.*
  • 1% cash back on all other purchases.*
  • Plus a Cashback ConciergeSM who guides a free, personalized online tour to help you get the most rewards for how you use your card.
  • No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And we won't increase your APR for paying late.*
  • Accepted by over 8 million merchants (Feb 2013 issue of the Nielsen Report).
  • 0% Intro APR* on purchases and balance transfers for 14 months. Then the variable purchase APR applies, currently 10.99% - 22.99%. *Click apply for Terms & Conditions.
Apply Now Credit Needed Excellent
Purchase Intro

APR: 0% on purchases

Term: 14 months

Purchase APR

10.99% - 22.99% Variable* 

Balance Transfer Intro APR

0% intro APR

Balance Transfer Intro Period

14 months

Annual Fee

$0 

Discover it® for Students

Editor's Rating

Apply now for Discover it® for Students
  • The new Discover it card is out to change the way people think about credit cards.
  • Fair...No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And we won't increase your APR for paying late.*
  • Generous...5% cash back in categories that change throughout the year like gas, restaurant, movies, and more up to $1,500 in purchases with free and easy sign-up. And 1% cash back on all other purchases.*
Apply Now Credit Needed Fair
Purchase Intro

APR: 0% on purchases

Term: 6 months

Purchase APR

12.99- 18.99% Variable 

Balance Transfer Intro APR

See Terms

Balance Transfer Intro Period

See Terms

Annual Fee

$0 

Discover it® for Students with $20 Cashback Bonus

Editor's Rating

Apply now for Discover it® for Students with $20 Cashback Bonus
  • The new Discover it card is out to change the way people think about credit cards.
  • Fair...No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And we won't increase your APR for paying late.*
  • Generous...5% cash back in categories that change throughout the year like gas, restaurant, movies, and more up to $1,500 in purchases with free and easy sign-up. And 1% cash back on all other purchases.*
Apply Now Credit Needed Fair
Purchase Intro

APR: N/A on purchases

Purchase APR

12.99%- 18.99% Variable 

Balance Transfer Intro APR

See Terms

Balance Transfer Intro Period

See Terms

Annual Fee

$0 

These quotes are from credit card issuers which have paid for a link to their website. Offers are subject to change without notice and may not be the same for all consumers.
Credit Card Database

For more info on any of the cards listed above, click on the card name below:
Discover it® - 18 Month Balance Transfer
Discover it®
Discover it® for Students
Discover it® for Students with $20 Cashback Bonus