Richard Rader, Member
@rader_richard
The Discover card benefits include no annual fee and no foreign transaction fees on any card, along with the ability to freeze your account on demand. Discover will also match all the rewards you earn in your first year. Plus, there’s a “Cash at Checkout” feature that allows cardholders to withdraw cash when making a purchase with a Discover card at specific retailers. Withdrawals are limited to $120 every 24 hours. They are charged at the card’s regular purchase APR, rather than the higher cash advance APR. All of these perks come standard on all Discover cards.
It’s important to note that Discover discontinued several key benefits in 2018. Travel insurance and auto rental coverage are no longer available as of February 28, 2018. Purchase protection, extended warranties, and return guarantee protection were also dropped at that time. The price protection benefit was cut on October 31, 2018. Purchases and claims posted before the expiration dates still received coverage.
Discover will continue to provide free security benefits on all cards. They include a “Freeze it” account feature. “Freeze it” allows cardholders to temporarily prevent any new purchases, cash advances or balance transfers if their card is lost or stolen.
Popular Credit Cards from Discover, Our Partner
chip_letterman, Member
@chip_letterman
Discover cards offer quite a few benefits. Rewards, no annual fee, price protection, no foreign transaction fees are among my favorites.
Augustus Bellevue, Member
@steyr_augheart
It depends on what you do with your credit cards. I like to go to Europe on holiday, so the fact that they don't ask for foreign transaction fees is a plus in my view.
People also ask
Is Discover a good credit card company?
Discover is a good credit card company, ranking third-best in customer satisfaction and offering cards with $0 annual and foreign transaction fees. Plus, Discover rewards users with at least 1% cash back on purchases and will match new cardholders' earnings from their first year as a special anniversary gift. Most Discover cards also offer 0% introductory APRs on purchases and balance transfers (with a standard variable rate applying after that).
Reasons Discover is a...
read full answer by Maria Adams, Credit Cards ModeratorIs there Discover card travel insurance?
No, there is no Discover card travel insurance. Discover used to offer $500,000 in travel accident insurance and $25,000 in coverage for rental car collision or theft. But they discontinued those benefits for all Discover cards in February 2018. They also discontinued purchase protection, return protection and extended warranties. So overall, there are not too many perks for using a Discover card for travel. But every Discover card does have a 0% foreign transaction fee.
... read full answer by Maria Adams, Credit Cards ModeratorHow can I improve my Discover card approval odds?
Your Discover card approval odds depend mostly on your credit, income, existing debt obligations and, of course, which Discover credit card you have your eye on. Most Discover cards require good credit or better for approval. But the Discover it® Secured Credit Card is available to people with bad credit, and there’s a pair of student cards that don’t require prior credit experience. In any case, like with any other credit card, there are no guarantees that one will get...
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