We aren't finance experts, but we do know a thing or two about credit cards. We just had to find you some no annual fee credit cards and ran into the Discover More Card during our research. We really liked some of this credit card's benefits and think they're a great choice if you like rewards! Keep reading for our full experience below.
About the Discover More Card:
If you have good credit and you're looking for a cash-back rewards card, the Discover More Card may fit the bill perfectly. Depending on your purchasing habits, you can earn from 0.25 percent to 5 percent cash back on your purchases and if you choose to cash in your reward for gift certificates at select partners rather than cash, you can double it.
Because the Discover More Card uses what's called a "Two Cycles Average Daily Balance" it isn't the best credit card for those who carry a balance on their cards. However, for those who pay off their balance in full each month, the generous rewards opportunities make it a wise choice.
Website Navigation:
The website for the Discover More Card was easy to navigate, although the layout could have been a little more fluid. While the links for the card's terms and conditions were readily available on the home page, they weren't immediately apparent.
Star Reviews' Favorite Feature:
The fact that Discover offers up to 5 percent cash back in some categories is a huge plus. You'll be hard pressed to find that elsewhere.
Features:
- Different credit card designs to select from.
- Online account access.
- Emergency credit card replacement services.
- Fraud and security protection.
- Free auto rental insurance.
- Up to $500,000 in travel accident insurance.
- Discounts on products and services at participating merchants.
Rewards:
Discover More Card offers rewards ranging from 0.25 percent to 5 percent depending on where you are making the purchase and your account activity. You can receive your reward as cash or you can double your reward when redeeming it at participating Discover partners.
Introductory Offers:
Discover More Card currently offers a 0-percent introductory rate for 12 months on purchases, 0% introductory rate on balance transfers although there is a 3% transfer fee.
Discover More Card
Standard Terms:
- 10.99 percent to 17.99 percent variable interest rate on purchases
- 22.99 percent fixed interest rate on cash advances.
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No annual fee.
- Unlimited cash rewards automatically
- No added cost for additional cardholders.
- 25-day grace period.
- $5,000 minimum credit line, $50,000 maximum credit line.
- $15 late payment fee on balances up to $500, $39 on balances above $500.
- $15 over-the-limit fee on balances up to $500, $39 on balances above $500.
- 5% Cashback Bonus® in Categories like Travel, Home, Gas, Restaurants, Movies and Discover's exclusive online shopping site.
- Up To 1% Cashback Bonus® on All Other Purchases Automatically
- Unlimited Cash Rewards
- Up To 20% Cashback Bonus® when You Shop Online
- Increase, Even Double, Your Rewards, When You Redeem For Gift Cards from 70 Cashback Bonus Partners
- View Discover® Card Rates, Fees, Rewards and Other Important Information
Customer Support:
Customer support is available by phone and an online FAQ database. Email support is only available to registered users (and you must already be a credit card holder to register at the site).
When we called phone support via the toll-free number we had to jump through a few hoops since the system kept asking us for our account number. We were finally put on hold to speak with a live representative and held for about five minutes. When we spoke with someone, they were able to answer our questions, although it seemed as though they were reading from a "canned" script in regards to the answers we received.
Upside:
Substantial cash-back reward opportunities and generous credit limits.
Downside:
Higher-cost "two cycle average daily balance" finance charges.