Zap Your Debt While Earning Rewards

With the Discover It® Balance Transfer, you could save thousands on credit card interest by enjoying a long interest-free intro period while you chip away at payments. Read on to learn more, and apply today.

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In a nutshell, here’s why the Nerds like this credit card

Most balance-transfer cards don't give you much of a reason to hold onto them after the 0% period ends. The Discover it® Balance Transfer is a noteworthy exception. Get it for the balance-transfer benefits, keep it for the cash-back rewards.

You could save thousands

Compare the difference between paying down an $18,000 debt on a 21% APR card vs a 0% balance transfer card (like the Discover it® Balance Transfer). The latter will typically charge you a one-time fee of 3 to 5% on the balance transferred (or a $5 minimum fee, whichever is greater). Then, you won’t be charged any interest for the duration of the 0% intro APR period. Using the balance transfer card could save you around $2,599, even after paying a 3% transfer fee of $540, assuming the debt is repaid in full within the 0% intro interest period (in this example case, 18 months). As a heads up, the amount you may qualify to transfer and save depends on a variety of factors including your credit worthiness.

Generous 0% intro APR period

This card offers one of the longest 0% introductory APR periods for transfers: 0% intro APR on Purchases for 6 months and 0% intro APR on Balance Transfers for 18 months, and then the ongoing APR of 17.24%-28.24% Variable APR.

High rewards rate

Other credit cards also offer the dual benefits of a 0% intro APR period plus rewards. But few of them can match the 5% cash-back rate that the Discover it® Balance Transfer offers on up to $1,500 in combined spending on bonus categories per quarter (after activation). All other purchases earn 1% back.

Potentially lucrative intro offer

Discover's unique bonus allows cardmembers to essentially chart their own course for a personalized sign-up bonus in the first year of having the card. Discover will automatically match all the cash back you’ve earned at the end of your first year. There’s no minimum spending or maximum rewards. Keep in mind, though, that if you’re using the balance transfer option on this card, you may want to avoid making new purchases with it entirely, and instead use the card solely for paying off debt — and that might mean missing out on the rich intro offer, which you're eligible for only in your first year.

Apply today for the Discover it® Balance Transfer

This is the rare balance transfer card with value beyond its introductory APR period. If you want a long time to pay down a credit card balance while still earning cash back on new purchases, the Discover it® Balance Transfer is tough to beat. The introductory balance transfer fee is comparatively low, and the cash-back earning potential is promising. Apply now, and you could start saving and earning in no time!

Other balance transfer credit cards you might love

The Discover it® Balance Transfer is tough to beat — but if it's not right for you, check out these additional cards from our other partners that may suit you better.