Discover Credit Cards

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.

The Discover foreign transaction fee is 0%, or $0, on all cards. That means any Discover credit card you apply for now will have no foreign transaction fee, and you won’t be charged extra for making purchases that are processed internationally. Discover’s foreign fees went away in 2011, when Discover joined Capital One as the only major credit card issuers to remove foreign fees from all of their offers.

The only Discover cards with foreign transaction fees are discontinued offers issued prior to 2011. They charge 2%. You can’t get them anymore, but some people still have them.

Here are the Discover card foreign transaction fees:
                        

                                                            
So if you’re in the market for a new credit card, any Discover card you get will have no foreign transaction fees. But keep in mind that Discover has far less international acceptance than Visa or Mastercard. So you could run into places abroad where you can’t use your Discover card anyway – France, for example.

Assuming Discover is accepted where you’re going, the only thing that might actually cost you more is Dynamic Currency Conversion. That’s when a merchant asks if you want to pay in the local currency rather than U.S. dollars. You should always say no to that. Most of the time, you’ll get ripped off with high exchange rates.

The Discover good grades bonus is $20 per year you earn a GPA of 3.0 or higher, for up to five years. This Discover good grades bonus is available with the Discover it Student Cash Back and Discover it Student Chrome credit cards.

Getting your Discover good grades bonus for your credit card is easy. All you have to do is log in to your online account and go to “Your Shortcuts,” then “Good Grades Reward.” After you submit your school’s grading range and your GPA, you’ll receive a $20 statement credit within 7 business days.

It’s possible that Discover might ask you to send them proof of your grades, such as an academic transcript. If they do, you won’t be able to receive your bonus until you provide this proof. But Discover won’t always ask for verification.

You can also get a Discover good grades bonus with a student loan. That works a little differently. Instead of getting a flat cash back amount each year you instead get a one-time reward of 1% of the loan amount. There are a few more details of these two offers you should know about.

Here’s how the Discover good grades bonus works:

• Discover’s student credit cards give $20 cash back every year you have a 3.0 GPA or better – for up to five years.
• To get your card bonus, log in to your online account and go to “Your Shortcuts,” then “Good Grades Reward.” Put in your school’s grading range (e.g. 0.0 to 4.0) and your own GPA.
• The Discover good grades credit card bonus comes as a statement credit within 7 business days of when you submit your grades.
• If you have a Discover student loan and graduate with a 3.0 or higher, you’re eligible for a one-time cash bonus of 1% of the loan amount.

You are eligible for the Discover student loan good grades bonus if you took out such a loan on or after May 14, 2014 and graduated with a GPA of 3.0 or higher. To get the bonus, you must submit your grades

To collect your bonus, log in to your student loan account and submit your grades within 6 months of the academic period covered by the loan ending or 6 months after the loan’s final disbursement, whichever is later. You’ll get your 1% Discover good grades bonus as a check within 2-3 weeks.

You can check your Discover card application status online or by phone: 1-800-347-2683. Both methods are very easy, taking just minutes, and available 24/7. You just need to confirm your identity by inputting your SSN, and you’ll find out whether your Discover credit card application is approved, denied or still pending.

Here’s how to check your Discover card application status online:

1. Go to Discover’s application check website.

2. Enter your Social Security number (SSN).

3. Enter your zip code.

4. Hit “continue.”

5. View your Discover card application status.

It’s as simple as that. And it works pretty much the same way if you want to call. But we’ll give you the breakdown anyway.

Here’s how to check your Discover card application status by phone:

1. Call Discover customer service at 1-800-347-2683. This line is available 24/7, and you’ll always get to speak to an actual person.

2. Listen for the menu options. If you’d like skip the full list, press # on the first menu and 4 on the second. Please note that the menu options could change.

3. Input your SSN when prompted.

4. Listen for your application status.

If you end up getting denied, you do have the right to ask for reconsideration, but you’ll need to make the case that Discover’s information about you was incomplete/incorrect. Call customer service at 1-800-347-2683. Good luck!

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.