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You have the opportunity to save money and spend more with the buying power of the Discover It card. An online application allows you to apply quickly. If approved, you get an intro rate of 0%, cash back on all purchases and many other benefits.
Perks Of Owning A Discover Card
You get benefits at every turn with a Discover card. Not only are the benefits free because of no annual fee, but they are there for you to take advantage of throughout the year.
- Various account management tools
- Low fees
- Payment flexibility
- Friendly customer support
There are many account management tools to help you maintain your finances. The only way to avoid going into debt is by managing your account and not going over what you can afford. With the click of a button, you can find out your balance and your available credit at any time. There is a mobile app for the Android and the iPhone that you can download. There is also online account access that is secure. You can download statements, contact customer service, view cashback rewards and conduct various other business – like scheduling payments.
Many low fees exist on the account. There is no annual fee and there are also no foreign transaction fees if you choose to go abroad with the card. If you exceed your credit line one month, there is also no overlimit fee. You will find that both the APR and the balance transfer rate is very low as well.
You have payment flexibility with the card. Not only do you have until midnight on the due date to make at least the minimum payment but you can decide when in the month your bill is due. If you have other financial obligations due around the same time, it can be a burden on you. Discover solves this by letting you choose when your bill is due each month. To make this change, you can go online or call a customer service representative to do it for you.
Friendly customer support is there to help you with various things. You can contact them online or by a toll free number. A live representative who is based in the United States will take your call and address your concerns immediately. You can ask for a credit line increase, dispute a charge or get more information about the different card benefits.
The Card Saves You Money
It's possible to save money all year long when you use the Discover card. Not only is there no annual fee, but you will be able to earn cash back and purchase with low fees.
When you first sign up for the card, you will be given a 0% introductory rate. Anything you purchase during this intro period will be billed with no interest – which can save you a significant amount of money. Even when the intro period is over, your APR will be low. It will be dependent upon your credit score – the better your score, the lower your APR.
You may have balances on other credit cards. If you transfer them to your Discover card, you can pay them off with a lower APR. This could save you a lot of money each month and help you pay off the balances faster. There's a low intro period where your balance transfer rate is even lower, which can help you save a lot of money in a short amount of time.
Since you are able to purchase online, over the phone and in person with some 8 million merchants, you can save with your low APR. It gives you the freedom to buy now and pay later – especially when you are given a high credit line. Even if your credit line isn't as large as you want it to be, it can be increased over time as you demonstrate financial responsibility and maintain a good credit score.
You can also save money if you've lost your job. The card will work with you to give you lower payments or a lower interest rate. This will provide you with the necessary assistance so you don't ruin your credit score in the interim.
The Card Earns You Cash Back
You will earn cash back as you make purchases on the account. With every net purchase, you earn 1%, which goes into a cashback account. You can view the balance of this account in your online portal as well as on your monthly statements. In addition to the 1% on all purchases, you can earn 5% in certain categories each quarter. Discover changes these every quarter and can include such categories as gym, telecommunications, gas stations, supermarkets and more.
There are many ways to increase your cash back – and since there is no max to what you can earn, it's in your best interest to earn as much as possible. With more spending, you earn more cash back. There is also a concierge for cash back that you can call, allowing you to talk with an expert. This expert will review your account and give you pointers as to how you can earn more cash back through the year by changing the way you spend on the card.
With the cash back, you determine when you want to redeem. The rewards never expire, so you can let the cash back accrue in your account. You can use the cash back to pay for amazon.com purchases, get a check mailed to you, order a Discover gift card or use the cash as a statement credit to pay for purchases you've already made.
When you have the Discover It card in your wallet, you have the ability to buy almost anywhere – online and off. You earn cash back, have the ability to make payments at your convenience and much more. It all starts with a simple online application.