Earn Cashback Bonus for your good credit managment
0% intro APR on purchases and balance transfers for 14 months, then the variable purchase APR of 10.99% - 20.99%*
Up to 20% Cashback Bonus at popular online retailers when you shop through Discover.com
Discover is ranked #1 in customer loyalty--16 years in a row! (2012 Brand Keys Customer Loyalty Engagement Index report)
24/7 access to a U.S.-based Account Manager within 60 seconds
$0 Fraud Liability. You're never responsible for unauthorized charges on your Discover card account, plus mobile and email fraud alert options
Great rewards with no annual fee, no rewards redemption fee, and no additional card fee
*Click apply to view rates, fees, rewards, limitations and other important information
Rates, fees & offers
0.25% for first $3,000 /yr then 1.00%
Purchase: 0% for 14 mos
Transfer: 0% for 14 mos
Min APR: 11.74%, Variable
Max APR: 21.74%, Variable
Penalty APR: Up to 26.74%, Variable
Cash Advance APR: 25.74%, Variable
Balance transfer fee
Foreign transaction fee
Recommended credit score
Not sure which card is best for you?
Editor's overall rating
Pros and cons
Qualify with average credit
No annual fee
Intro APR period on Purchases and Balance Transfers
No foreign transaction fee
Discover Motiva offers a unique set of features for those who carry a balance.
First, the card has an introductory APR period of 3.99% for 15 months on both purchases and balance transfers, which ranks it among the best deals out there. In fact, the average credit card charges you a rate of closer to 14% to borrow money, so this is a great way to save money while you pay down your debt. However, beware of the 4% balance transfer fee for the intro offer, or the 5% balance transfer fee for normal balance transfers.
Second, the card offers an ongoing rate of 16.99% to 25.99% depending on your credit score and a few other factors. However, if you pay on time, you get rewarded with a reduction in interest charges on your next statement, of 5%.
Third, this card earns rewards, unlike most cards with an introductory APR period. You get 1% cash back after you spend $3,000 per year. Before then you only get 0.25%.
Pay on time bonus
Any time you pay your bill on time, you receive a 5% deduction on your interest for your next months' statement. This effectively takes a 20% interest rate down to 19%, which isn't necessarily great, but can really add up over time due to compounding. You may also want to check out other balance transfer deals on our site, that are even more attractive than that offered by Motiva.
No matter what your credit score, if you carry a balance, you should really consider your local credit union. There are many credit unions, with open membership, that offer rates far lower than 19%, even for people with very bad credit, or no credit. Check out our credit union credit card finder to find out more.
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.