INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate. Plus, earn unlimited 1% cash back on all other purchases - automatically.
Redeem cash back any amount, any time. Rewards never expire.
100% U.S. based customer service.
Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
No annual fee.
Rates, fees & offers
Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
0% on Purchases for 6 months and 0% on Balance Transfers for 18 months
APR: 13.99% - 24.99% Variable APR
Cash Advance APR: 26.99%, Variable
Balance transfer fee
3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*
Foreign transaction fee
Recommended credit score
Not sure which card is best for you?
By Ben Luthi
Editor's overall rating
Pros and cons
Bonus cash back categories
No annual fee
Intro APR period on Purchases and Balance Transfers
No foreign transaction fee
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
Some of the best balance-transfer credit cards on the market don't offer rewards. The Discover it® Balance Transfer 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 13.99% - 24.99% Variable APR, but you'll also earn cash back on your spending.
Plus, Discover offers a sign-up bonus: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched. Add to that free access to your FICO score and a $0 annual fee.
Note that this card charges a 3% fee on each balance transfer. All things considered, however, the Discover it® Balance Transfer 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.
NerdWallet reviews are the result of independent research by our editorial team while cardholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.