Discover Motiva

Est Annual Rewards, Net
$194
of Cash
 Discover Motiva Credit Card
Reward RateReward DetailsAnnual Fee & PromosAPR, variableIntro APR Promotions
0.25% for first $3,000 /yr then 1.00 % thereafter.
  1. Earn 0.25% on purchases
  1. Each time you pay at least the Minimum Payment Due by the Payment Due Date for six consecutive billing periods, you will earn a Pay-On-Time Bonus equal to the Periodic Finance Charges shown on your next statement
  2. Rewards of 0.5% spent each year up to $3,000
  3. 1% after
 Fee:$0
Promo: None 		Min Apr: 11.99%
Max Apr:18.99%
Default: 23.99%
Cash Adv: 23.99% 		Purchase:3.99% for 6 mos.
Transfer:3.99% for 12 mos.
Card Details
  • Pay-On-Time Bonus equal to a full months interest every time you make 6 on-time payments in a row
  • Up to 1% unlimited Cashback Bonus® on all other purchases
  • 5% to 20% Cashback Bonus® through our exclusive online shopping site
Finance Charge Calculator
Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.
Finance Charge, Balance Transfer*
TypeInterest
Balance Transfer Fee, 3.0%$300
Promo APR, First 12 months$419
APR, 24 months$2,888
Total$3,607
* calculations assume a balance transfer of $10,000 over 3 years.

Effective Annual Rate for Balance Transfers of 10.8% includes transfer fees and APR promotions. EAR>APR because APR is compounded monthly while EAR is compounded annually.

Effective Annual Rate, Purchases
Promo EAR, 6 months4.06%
Ongoing EAR, 30 months12.67%
Total EAR, 36 months11.19%
APR Rankings
APR 11.99% ranks # 60 out of 313 cards. Average is 13.66%.
Balance Transfer Fee 3% ranks # 46 out of 305 cards. Average is 3%.
Cash Advance APR 23.99% ranks # 148 out of 304 cards. Average is 22.19%.

Rewards Rankings
Annual Fee $0 ranks # 1 out of 322 cards. Average is $19.
Base Reward Rate 0.25% ranks # 229 out of 248 cards. Average is 0.95%.
Effective Reward Rate 0.9% ranks # 216 out of 248 cards. Average is 1.04%.
Sign-up Bonus $0 ranks # 317 out of 317 cards. Average is $35.

Rewards Type: Cash
Signing Promotion
 $0
Estimated Annual Rewards
$21,600 * 0.90% 		$194
Annual Fee, 3 yr avg
 $0
Annual Rewards (Rewards less Fees) $194


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