Discover card benefits include no annual fee and no foreign transaction fees on any card, along with security features such as SSN alerts and 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 24/7 account monitoring, alerts that notify cardholders if their personal information has been compromised, and 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.
Discover is a good credit card company, offering cards to people of all credit levels without charging annual fees or foreign transaction fees on any of them. Plus, Discover cards all have rewards and will match new cardholders’ earnings the first year as an anniversary present. Most Discover cards also offer 0% introductory APRs.… read full answer
Discover cards are known for good customer service and helpful account features, too. For example, very few customers have filed complaints against Discover with the Consumer Financial Protection Bureau. Discover also provides free monitoring to make sure customers’ Social Security Numbers don’t show up on risky websites.
4 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.
While all Discover cards are pretty good, some are better than others. One of the best options is Discover it Cash Back, probably Discover’s most popular credit card. 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. Discover it Cash Back has an introductory APR of 0% for 14 months on purchases and 0% for 14 months on balance transfers. And perhaps the best part of all – it has a $0 annual fee.
Different Discover cards are good for different people, though. Discover has offers for travel, balance transfers, bad credit, students and more.
Good Discover Credit Cards:
Discover it Cash Back: Best for cash back
Discover it chrome: Best for gas and restaurants
Discover it Miles: Best for travel
Discover it Balance Transfer: Best for balance transfers
Discover it Secured: Best for bad credit
Discover it Student Cash Back: Best for students
Discover credit cards combine a ton of perks 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 of the reasons why Discover is a good credit card company in general.
Discover cards are accepted by more than 9 million U.S. merchants. That covers just about everywhere credit cards can be used domestically. Discover cards are also accepted internationally: in 185 countries and territories, to be specific. You can check Discover’s international use map to where, exactly. But there are some noticeable gaps, including Saudi Arabia, Ukraine and Taiwan. … read full answer
Even in the countries where Discover Card is accepted, you’ll still find a many merchants that only accept Mastercard and Visa. That’s a big reason why Discover ranks 7th out of the 10 largest credit card companies in WalletHub’s International Travel Credit Card Report.
Here are the regions where Discover is not accepted:
Caribbean: Cuba, Haiti
South America: Guyana, Suriname, French Guiana, Bolivia, Chile
Europe: Ukraine, Lithuania, Latvia, Estonia, Albania, Montenegro, Serbia, Belarus, Moldova
Asia: Myanmar, Nepal, Bhutan, Bangladesh, Taiwan, North Korea
Oceania: New Caledonia, Vanatu, Solomon Islands, Timor-Leste, Brunei
Africa: All but 7 countries
Middle East: Almost all countries
The truth is, Discover cards really can’t compare to Visa and Mastercard credit cards in terms of international acceptance. You can use a Visa or Mastercard virtually anywhere on Earth that accepts credit cards. But there are plenty of countries where Discover cards won’t work, which means you’d either need to bring a lot of cash or a different credit card.
I love their Year-End Summaries. Very Useful for my business. Then the cashback my discover it offers.
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