There are no Discover charge cards, at least if you’re using the correct definition of charge card. Many people refer to all credit cards as charge cards, but a charge card is actually a specific type of credit card that requires payment in full every month. Discover does not offer any cards like that right now. All Discover credit cards allow you to carry a balance from month to month, but you’ll have to pay interest in return. Right now, American Express is the only issuer of charge cards.
But just because Discover doesn’t offer charge cards it doesn’t mean you can’t use your Discover card like a charge card. In fact, it’s smart to do that. Paying off your balance in full every month saves you money on interest and it’s great for your credit. It’ll also allow you to build up some great rewards for free. If you’re going to use any Discover card like a charge card, the best is Discover it Cash Back. It offers 5% back on the first $1,500 you spend each quarter in rotating bonus categories (like gas, restaurants, groceries) and 1% cash back on anything else you buy. Plus, Discover will match all the rewards earned to date on your first account anniversary. And the card has a $0 annual fee.
You can only have 2 Discover credit cards at the same time. To get your 2nd Discover card, you must have had the 1st card open for at least 1 year. Your 2 Discover cards can be different or the same, such as 2 Discover it Cash Back cards. Some people might get 2 of the same card to get around quarterly spending limits for bonus categories (e.g. $1,500 spent on each card, rather than just 1). If you want 2 Discover cards, it’s probably best to have them cover different needs. For example, you could get 1 Discover it Chrome card for your everyday spending and 1 Discover it Miles card for travel purchases.… read full answer
If you apply for a 2nd Discover card online, you might receive a notice asking you to call Discover. This is just a courtesy to verify that you want the 2nd card.
Discover offers 8 credit cards to choose from: Discover it Cash Back, Discover it Student Cash Back, Discover it Chrome, Discover it Student Chrome, Discover it Balance Transfer, Discover it Miles, Discover it Secured and the Discover it NHL card. While you can only pick 2 to open yourself, you can also be an authorized user on as many cards as you want.
Here are 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.
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.
Applying for a 2nd Discover credit card account is the same as applying for your 1st. There will be a hard credit inquiry, and approval will depend on your annual income, expenses and credit history. You can use Discover’s pre-approval tool to find out which card you have a good chance of getting.
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.… 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:
Discover has cards for people of all credit levels, from bad to excellent.
Discover cards do not charge annual fees or foreign transaction fees.
All Discover cards match your first year’s rewards.
Discover has highly regarded customer service.
Different Discover cards are good for different people, though. Discover has offers for cash back, travel, balance transfers, bad credit, students and more. One of the best options is Discover it Cash Back. It offers 5% cash back on the first $1,500 spent per quarter in rotating spending categories. It also gives 1% back on everything else.
The Discover it Student Cash Back card and Student chrome card are attractive choices, too. Both cards offer students $20 cash back for a 3.0 GPA or higher every year for up to five years, in addition to better ongoing cash back rates than the average credit card offers. And applicants with bad/limited credit can get up to 2% cash back with the Discover it Secured 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 around 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.
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