There are quite a few Discover Card 0% balance transfer deals, actually. Every Discover credit card offer has a reduced intro APR for balance transfers, and about half of them charge no interest at all for a period of time. But not every Discover card offering 0% balance transfers is equal, despite all the available options requiring good credit for approval and charging a 3% balance transfer fee. The Discover it – 18 Month Balance Transfer Offer stands a head above the rest in terms of 0% intro period length.
Here are the Discover Card 0% balance transfer deals:
Discover it – 18 Month Balance Transfer Offer: As the name suggests, you get a 0% APR for 18 months. This is definitely the best Discover balance transfer option. You also get some great rewards with rotating 5% cash back categories.
Discover it – Cashback Match: The regular Discover it card comes in only 4 months shorter at a 14-month 0% rate. It also gives rotating 5% rewards.
NHL Discover it: This card is exactly the same as Cashback Match, except it has additional savings on NHL merchandise. It also has 0% for 14 months.
Discover it Chrome: Chrome has 14 months of 0% APR too, but its rewards are a bit different. Instead of rotating categories, you’ll get a static 2% on your first $1,000 to restaurants and gas stations per quarter.
All of these cards have a few things in common: no annual fee, a good-credit approval requirement and the standard Discover Card 3% balance transfer fee. The fee gets added to what you owe, and you won’t pay any interest on it or the rest of the balance until the intro period ends. But you’ll still need to make on-time minimum monthly payments regardless. So if you want to have the longest amount of time to pay off your balance transfer, go for Discover it – 18 Month Balance Transfer Offer.
I remember my Cashback had 14 months initially. The rewards percentage also made me happy.
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