What are the best Discover card deals right now?

Current Discover card promotions include a dollar-for-dollar rewards match at the end of the first year, up to 5% cash back on purchases, and 0% intro APRs for up to 14 months (followed by a regular standard rate). None of Discover’s credit cards charge annual fees or foreign transaction fees, either.… read full answer

There are plenty of other perks, too, such as free credit scores. And together, all these Discover card promotions form a portfolio that can meet any cardholder’s financial needs.

Here are the latest Discover Card promotions:

• Double rewards the first year: Available on all Discover cards. Discover will match all the cash back you've earned (or miles on the Discover it® Miles card) at the end of the first year. Offer only for new customers.
• Up to 5% cash back: The Discover it® Cash Back and Discover it® Student Cash Back cards offer 5% cash back on up to $1,500 spent per quarter in bonus categories (which change every quarter and require activation), and 1% back on all other purchases. You must activate the bonus each quarter by clicking “Activate Now” and logging in to your Discover account.
• No annual fees or foreign transaction fees: Discover cards do not charge annual fees or foreign transaction fees. There are no penalty APRs for late payments, and Discover waives the fee for your first late payment. There’s a fee for cash advances - Either $10 or 5% of the amount of each cash advance, whichever is greater-, and balance transfer fee - 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*.
• Up to 14 months intro transfer offer: Available on the Discover it® Cash Back card and the Discover it® chrome, which also charge a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*. The intro rate is followed by the regular APR, which is 11.99% to 22.99% Variable, based on creditworthiness.
• Up to 14 months 0% purchase intro APR: Available on the Discover it® Cash Back, Discover it® chrome, Discover it® Miles and NHL® Discover it® cards (NHL® Discover it® is not currently available on WalletHub and may be out of date). The intro rate is followed by the regular APR, which is 11.99% to 22.99% Variable, based on creditworthiness. Discover it® Student Cash Back and Discover it® Student chrome offer intro APRs of 0% for 6 months on purchases, followed by a 12.99% - 21.99% Variable regular APR.

As you can see, there’s a lot to like about Discover card promotions. The one thing you won’t see on any current Discover cards, though, is an initial bonus for spending a certain amount after you get the card. But Discover makes up for that by matching the first year’s rewards on all their cards.

There used to be another Discover card promotion called “Discover Deals,” where you could get extra discounts or bonus points for shopping with over 200 retailers in Discover’s online mall. Unfortunately, that program ended on October 31, 2018.

Discover is a good credit card company because there are Discover cards for people of all credit levels, and all of them have $0 annual fees and $0 foreign transaction fees. Plus, Discover cards all reward cardholders with at least 1% back on purchases and will match new cardholders’ earnings from the first year as an anniversary present. Most Discover cards also offer 0% introductory APRs on purchases and balance transfers (with a standard variable rate applying after that).… read full answer

Discover cards are known for their 100 percent U.S-based customer service, and Discover has very few customer complaints with the Consumer Financial Protection Bureau. There are also user-friendly features such as “Freeze it,” which allows cardholders to temporarily turn off their card to prevent any unauthorized transactions. And Discover provides free monitoring to make sure customers’ Social Security numbers don’t show up on risky websites.

Reasons Discover is a Good Credit Card Company:

1. Discover has cards for people of all credit levels, from bad to excellent.
2. Discover cards do not charge annual fees or foreign transaction fees.
3. All Discover cards match your first year’s rewards.
4. Discover has highly regarded customer service.

Different Discover cards are good for different people, though. Discover has offers for cash back, travel, bad credit, students and more. One of the best options is Discover it® Cash Back. It offers 5% cash back on up to $1,500 spent per quarter in bonus categories (which change every quarter and require activation), and 1% back on all other purchases.

The Discover it® Student Cash Back and Discover it® Student chrome are attractive choices, too. Both cards offer students better ongoing cash back rates than the average credit card offers. And applicants with bad credit can get 1 - 2% cash back on purchases with the Discover it® Secured Credit Card.

While all Discover cards are pretty good, there are some downsides. In 2018, Discover cut several key benefits from all of its cards. Those include travel accident insurance, purchase protection, extended warranties and return protection. And as far as global acceptance goes, you can use Discover cards at merchants in 190+ countries and territories. That’s third behind Mastercard and Visa. Both are accepted in more than 200 countries and territories.

But overall, Discover credit cards combine some innovative perks and attractive rewards into a single package. And since they don’t charge annual fees or foreign transaction fees, the cards’ rewards go right to you. Those are just a few reasons why Discover cards are good credit cards in general.

You can only have 2 Discover credit cards at the same time. To get your 2nd Discover card, you must have had the 1^st card open for at least 1 year. Your 2 Discover cards can be different or the same, but only of them can be a student card or a secured card. Some people might get 2 of the same card to get around and double their quarterly spending limits for bonus categories. If you want 2 Discover cards, it’s probably best to have them cover different needs. For example, you could get 1 … read full answerDiscover it® Cash Back card for your everyday spending and 1 Discover it® Miles card for travel purchases.

Here is how many Discover cards you can have:

• As a primary cardholder: Up to 2 accounts. You must have the 1st card open for a year before getting a second. Your 2nd card can be different or the same, but only one can be a student or secured card.
• Per account: You can get up to 5 cards for authorized users per account.
• As an authorized user: There’s no limit reported for how many Discover accounts you can be an authorized user on.

Discover offers several credit cards to choose from: Discover it Cash Back, Discover it® Student Cash Back, Discover it chrome, Discover it® Student chrome, Discover it Miles, Discover it® Secured Credit Card and the NHL® Discover it® card.

Applying for a 2^nd Discover credit card account is the same as applying for your 1st. There will be a hard credit inquiry, which may temporarily hurt your credit score. And approval will depend on your annual income, expenses and credit history. If you want to know where you stand before applying, you can check your credit score for free, right here on WalletHub.