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Discover More Credit Card

Blog Post Date: Feb 07 2011

Discover More Credit Card



The Discover More Card is intended for individuals who hold good credit that wants to make use of every benefit associated with a platinum credit card and also provide cash back program.

The Discover More Card provides a wide-range of benefits nearly all cardholders thinks to be very attractive. For instance, it allows you to get up to $500,000 in travel accident insurance and auto rental insurance. Aside from that, it has fraud and security protection services, emergency card replacement, and discounts on products and services given by different merchants and retailers.

The card also has a remarkable introductory offer. The APR is 0% on balance transfers and purchases for the first six months upon becoming a member. This APR is applicable on all balance transfers requests you have made within the first year of membership, not just on transfers made during your application.

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The Discover More Card also has an incredible cash back program. Through this program, cardholders get a full 5% cash back rebate for every purchase made with any participating merchants. Purchases transaction made using the credit card at affiliated discount shops and depot clubs receive back .25%. All other common purchases will collect cash back of up to 1%. The first $1,500 you have spent will give you back .25% rebate. Expenses ranging from $1,500 and $3,000 allow you to get .5%. If your expenses are more than $3000, you will be earning a 1% rebate. What’s more are those cardholders can double the worth of rebates with the cash back bonus by exchanging the rebates for gift certificates coming from the participating Discover Card Partners.

There is no limit on the total of rebates a cardholder can accumulate every year. In addition, the collected rebates by no means will expire provided that the cardholder utilizes the credit card no less than once within a 36 months period.

The Discover More Card does not have any annual fee. Additionally, there are no extra fees if you want to add more cardholders to your account. Following the introductory period, the APR on purchases is will vary and depend on the Prime Rate. However, the APR on cash advances has a fixed rate of 20.99%. The total amount of finance charges will be determined utilizing the two cycles average daily balance system. This is not an ordinary method compared to the average daily balance manner, and can give an outcome having a higher finance charges for individuals that carry balances with their credit cards

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