Discover it® - 18 Month Balance Transfer Offer

Apply Nowon Discover's secure website
Apply Nowon Discover's secure website

Discover it® - 18 Month Balance Transfer Offer

Apply Nowon Discover's secure website
Apply Nowon Discover's secure website

Card details

  • You could turn $200 into $400 with Cashback Match™. Get a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically.
  • Earn 5% cash back in rotating categories each quarter like gas stations, Amazon.com, restaurants, wholesale clubs and more, up to the quarterly maximum each time you activate. Plus, 1% cash back on all other purchases.
  • Redeem your cash back for any amount, any time. Cash rewards never expire.
  • 100% U.S. based customer service.
  • Get your FICO® Credit Score for free on monthly statements, on mobile and online.
  • No annual fee.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.

APR, Variable

APR: 11.74% - 23.74% Variable APR

Cash Advance APR: 25.74%, Variable

Pros

  • Bonus cash back categories
  • No annual fee
  • 0% on Purchases for 6 months and 0% on Balance Transfers for 18 months
  • No foreign transaction fee

Cons

  • Slightly less merchant acceptance for Discover in US - acceptance outside of US can be an issue
  • If you value simplicity, a flat rate cash back card may be better

Rewards rate

1.00%

Annual fee

$0

Intro APR

0% on Purchases for 6 months and 0% on Balance Transfers for 18 months

Recommended credit score

Nerdwallet Review

Author: Ben Luthi

Some of the best balance-transfer credit cards on the market don't offer rewards. The Discover it® - 18 Month Balance Transfer Offer is an exception. Not only does the card offer 0% on Purchases for 6 months and 0% on Balance Transfers for 18 months, and then the ongoing APR of 11.74% - 23.74% Variable APR, but you'll also earn cash back on your spending.

Plus, Discover offers a fantastic sign-up bonus: Get a dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically. Add to that free access to your FICO score, an online bonus mall where you can earn even more rewards, and a $0 annual fee.

Note that this card charges a 3% fee on each balance transfer. All things considered, however, the Discover it® - 18 Month Balance Transfer Offer provides a package deal for people who want to save on interest while paying off their debt, and get rewards while they're at it. For more information, read our full review.

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