Discover is both a top 10 credit card issuer and one of the four major card networks in the U.S. In addition to credit cards and payment processing services, Discover offers checking and savings accounts, personal loans, student loans and home loans. Consumers can get a free credit score from Discover, too, even people... show more
Discover® Reviews
The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. The rating was last updated on 01/30/2026.
Discover’s personal loans are some of the best on the market. They’re available nationwide; they offer the potential for low rates; and they don’t charge big fees upfront. Plus, the funding process is relatively quick, with the money available as soon as the next business day after approval.
The best part of Discover personal loans is their low cost. Discover has a 0% origination fee and a $0 prepayment fee. The only major fee they have is a $0 late fee. Discover’s loan APRs range from 7.99% - 24.99%. They’re not the absolute cheapest choice for people with pristine credit, as you can find lenders whose ranges start 1% - 2% lower. But the upper bound of 24.99% is relatively low in a market where APRs can reach up to 36%.
Discover isn’t explicit about what credit score you need to qualify for a personal loan, but the minimum is reportedly around 660. They do, however, provide a minimum income requirement: $25,000. And to be able to apply, you’ll need to have a Social Security number, though you can be either a U.S. citizen or a permanent resident.
Discover Personal Loan Review Highlights:
Discover personal loan rates:7.99% - 24.99%
Origination fee:0%
Late fee:$0
Funding timeline: As soon as the next business day
Loan amounts:$2,500 - $40,000. While that’s a decent range, there are plenty of lenders that offer bigger loans than that.
Payoff periods:36, 48, 60, 72 or 84 months. Many competing lenders don’t offer payment timelines longer than 60 months.
Customer satisfaction: Discover receives an A+ rating from the Better Business Bureau and has an average user rating of 4.0/5 on WalletHub
Pre-qualification: You can pre-qualify for a personal loan on Discover’s website. You can also try out WalletHub’s pre-qualification tool to see what other lenders might pre-qualify you.
Co-signer policy: Unfortunately, you won’t be able to share responsibility for a Discover personal loan with another person.
Discover is a bank that’s known primarily for being one of the four major card networks, alongside Visa, Mastercard and American Express. But their personal loans shouldn’t be overlooked. The 0% origination fee coupled with low rates and high customer satisfaction makes them an excellent choice. Below, you can see how WalletHub rates Discover in our three major categories: Terms, Requirements & Application, and Reviews & Transparency.
Discover Ratings by Category:
Category
Editor’s Rating
Terms
4.6/5
Requirements & Application
3.8/5
Reviews & Transparency
4.5/5
Overall Score
12.9/15
These scores reflect how close a loan offer is to WalletHub’s definition of a 5-star loan. For more information, please read WalletHub’s full methodology.
Product: Discover® Personal Loans
Comment
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4
dealyour7 @dealyour7
I been with them for more than 20yrs until this happen i realized that they will rip u off the 1st chance they get. U don't want to deal with discover card because they will try to ruin your credit by charging you for things you didn't buy etc and they don't accept your disputes when you dispute them. U better off without Discover Card. Look I'm a card holder and I stopped using their card when I saw them take my money or allow them to ruin my credit. I had to pay them for things I didn't buy to keep my credit in good standings with other companies. They refuse to go to arbitration.
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4
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Discover®
Whitney Suttichanond @wsuttichanond
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1 Star Rating
I have had a credit card with them for exactly 10 years and have always paid on time. I paid off my credit card back in August 2025. The remaining amount was interest fees ($31), so I assumed it was finally paid off, and I removed my auto-pay because they will take money out of your account even if there is no balance owed. I checked my account today (January 2026) and they have been charging me a late fee without notice, which amounted to $200 in late fees. I have not received any emails, any notifications in my mail—nothing about this. I called, asking for a one-time courtesy to remove these fees and I'd be happy to pay off my balance immediately, but unfortunately, they will not waive the fees. Shame on you, Discover. I have now closed my account as I can't bear giving this company any more of my money, as I am sure they have already made thousands off me throughout the years. They should offer customers a one-time courtesy on this, especially when there is no notification. Very sneaky and unpleasant. My mother is also canceling her card here because of this.
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Product: Discover® Credit Cards
Comment
0
0
Discover®
John Murphy @murphyj554
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5 Star Rating
Verified Customer
Good service
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Product: Discover® Credit Cards
Comment
0
0
Discover®
Dean Cooper @dean2cooper
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5 Star Rating
Verified Customer
After six months, I received my deposit back and now it's an unsecured card. It's a great credit builder. If you're just starting off, side note: secured cards, where you have to make a deposit to determine your credit limit, are good in that they allow you to have a credit history. But you have to remember, for instance, if your limit is $500 and you make a purchase of $50, that's 10% of your credit utilization, so keep that in mind.
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Product: Discover® Credit Cards
Comment
0
0
Discover®
tracykay2711 @tracykay2711
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1 Star Rating
Discover Loans staff continues to have zero compassion or customer service. Terrible business. One star is too generous.
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Product: Discover® Personal Loans
Comment
0
0
Discover®
Timmothy @timandjill2316
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5 Star Rating
Verified Customer
Discover offers some really nice perks, such as matching cash back for a year to start with, and although I haven't had a recent increase, I did get two automatic increases in about two years.
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Product: Discover® Credit Cards
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0
0
Discover®
karaconn32 @karaconn32
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1 Star Rating
No better than the PayPal CC now and the antics I've heard about things like CareCredit. I've been a customer for over half a decade, with credit always in good standing—excellent, an increase in income, never a late payment, and I never exceeded 50% credit limit usage (I had a $8,500 limit). At 3 a.m., right after Christmas 2025, I received an email saying my credit limit is now $4,900. This demolished my credit usage from 48% to 90% and gave no reason. It literally said after a careful review of your account. What does that mean? My account is excellent! Oh, did I add I pay more than the minimum, sometimes upwards of $500 a month, and have paid balances down to zero multiple times? I had an authorized user and gave this card company so much money over the years (tens of thousands). I was genuinely shocked and, I'm not going to lie, hurt because it then destroyed my credit score (Credit Karma informed me three days later my score dropped 30 points due to Discover). I feel betrayed and honestly, victimized, and I don't want this happening to anyone else who, God forbid, may rely on this card. Thankfully, I did not and will be paying off my $4,000 balance in the next 30 days and closing my account. Beware! My card is the Discover It card, by the way, member since 2020, and luckily I've received much better cards since like Amex Gold and Citi Simplicity. You know who else are amazing? Bank of America and my biggest supporter, Venmo CC - those guys havent let me down yet and have shockingly good customer service and protection. Get any of those before you try anything with Discover; trust me.
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Product: Discover® Credit Cards
Comment
0
0
Discover®
tjlinke1 @tjlinke1
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1 Star Rating
Booked a room at a hotel. The room is a disabled room because my husband is paralyzed and can't walk. We paid for the room over the phone on our way to the hotel. Arrived at 2:00 am but couldn't use the room because it was upstairs and there was no elevator. Called back to get a refund and was refused. Called Discover to help us and they sided with the hotel. We still had to pay. Don't recommend this company at all. They are not there for their customers.
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Product: Discover® Credit Cards
Comment
0
0
Discover®
nicco765 @nicco765
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1 Star Rating
This is the worst credit card that I've ever had. I make monthly payments in full. A check was sent out in the mail before the due date around Christmas, and they have decided to cut the card off because the payment was a few days late in the mail due to the holidays. My daughter was not able to be seen at the medical check-up due to not being able to make the payment. Their customer service is absolutely awful, and on top of that, they reported it to the credit agencies for being a few days late. Discover should be ashamed of themselves for treating their paying customers so poorly. I will not be using this card anymore, as they are so unreliable.
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Product: Discover® Credit Cards
Comment
0
0
Discover®
JD Hendrickson @JDFlguy
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1 Star Rating
Terrible customer service. I also spoke with the executive customer service representative, and their service was just as poor.
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Product: Discover® Credit Cards
Comment
0
0
Discover®
davidc_604 @davidc_604
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4 Star Rating
Verified Customer
Used to be very useful for certain categories, but it isn't as good as it used to be.
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Product: Discover® Credit Cards
Comment
0
0
Discover®
Monique Ellis @m_e93
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1 Star Rating
If you get scammed by a fake company, they do not care if you have proof, and they will not refund you because you "authorized that payment." They also will not allow you to close your account, even if you have one penny in it. They will have to mail you a check for one penny. Absolutely ridiculous, and I do not recommend banking with Discover.
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Product: Discover® Checking
Comment
0
0
Discover®
Claire R @clairerice
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1 Star Rating
Verified Customer
For over 20 years, I have received great service from Discover. I have always paid my account on time and have an excellent credit rating. Now, I will be closing my account after Discover charged my account for the same amount of $209, 45 times, when only once was authorized, and blamed the vendor. It took weeks to get most of the charges reversed, but 3 charges, totaling $627, remain. After each of four calls, the account representative assures me the issue is resolved, but the charges are still on my account and are now included in my November statement. I will either have to pay the amount or incur interest while I continue the battle. It is very stressful and disappointing that even speaking to a manager has not resolved the issue.
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Product: Discover® Credit Cards
Comment
0
0
Discover®
Richard @movingvermont
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2 Star Rating
Verified Customer
Secured card, and just about worthless for building credit. However, they do report on-time payments to 3 CBs, and your tradeline takes a tiny bump. Your score may go up 3-7 points over 2 years. However, you'll get your deposit back in 7-8 months if you pay on time and keep the balance below 30%. You'll never get a credit line increase, even if you pay it off in full every month. I went over 60% once while on a trip, and then paid it right off when I returned. No success. When you ask for a credit line increase, they'll bring up past late payments and negative marks from 4-6 years ago, despite their claim of an opportunity for a "fresh start". They'll issue a regular card after 7 years.
Well, I, as a recipient with whom I had been for several years, had been keeping track and had fallen into hardship. I had spoken to customer service support about my issues, asking for help and assistance and what they could do while I sent payment and refrained from using the card to get these payments down. Apparently, they can't work with their clients. I'm very disappointed to discover that they have been applying interest and fees on a recipient's account by going over the limits while I've been making payments. I feel that's just not fair to a recipient who has been paying on time and then gets slapped with this. If they were willing to negotiate or work with the recipients on trying to get the amount owed down, that would be great, but no! So, this rating is a two. It's very disappointing that credit card companies do this. I really appreciate your inconvenience.
Get answers to your questions about Discover® below. Editorial and user-generated content is not provided, reviewed or endorsed by any company. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered. In addition, WalletHub independently collected information for some of the cards on this page. Ad Disclosure
You can make a Discover credit card payment online, by phone, through the Discover mobile app, by mail or at a branch. To pay a Discover credit card bill online, log in to your online account and click on “Make a Payment.” Then, choose how much to pay, when to pay it, and where the payment is coming from. Discover does allow cardholders to set up automatic payments, too.
Ways to Make a Discover Credit Card Payment
Online: Log in to your online account and click on “Make a Payment.”
By phone: Call 1-800-347-2683 and enter your card information when prompted, then follow the prompts to make a credit card payment.
Through the mobile app: Log in to your account and select your card, then tap “Payments.”
By mail: Send a check or money order (but not cash) to
PO Box 6103 Carol Stream, IL 60197-6103.
Make sure to send it early enough that it will arrive by the due date. Write your credit card number on the check, too.
At a branch: You can make a payment at any Discover branch during normal business hours.
In conclusion, there are multiple ways to make a Discover payment, so just choose whichever method is easiest for you. The important part is to not miss payments, as that can seriously damage your credit score.
The Discover cash back bonus pays you back a certain percentage of the money you spend as a reward. The Discover cash back bonus can be redeemed at select merchants, for gift cards, charity, or cash. More specifically, there are three types of Discover cashback bonuses:
5% bonus rate: You earn 5% cash back on up to $1,500 in combined category spending per quarter in rotating bonus categories (which change every quarter and require activation), and 1% back on all other purchases. The Discover credit cards that offer this deal are the Discover it® Cash Back, the NHL® Discover it®, and the Discover it® Student Cash Back.
To activate a Discover card, use the online activation page or call Discover customer service at (800) 347-2683. Discover card activation requires a Social Security number as well as the card number, expiration date and security code.
You don't need a Discover username and password to activate a Discover card online. But having an account can streamline the process because you won't have to enter extra personal information to verify your identity. Either way, Discover...
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 Discover it® Cash Back categories for rewards include a broad range of everyday spending, such as restaurants, grocery stores, and wholesale clubs. Cash back categories are the types of purchases that cardholders can earn 5% cash back on, up to $1,500 spent per quarter.
Here are the Discover it Cash Back Categories for [YYYY]
January-March: Grocery stores and wholesale clubs, and select streaming services
Discover is an online-only bank, so it doesn't have any physical branch locations. They operate entirely through their online and mobile banking platforms. This means you can't visit a Discover branch to conduct transactions in person.
You can see what Discover it® Cash Back designs are available online, either while applying for the card or, if you're already a cardholder, by logging into your account. Options for Discover it Cash Back designs depend on whether you're opening a new account or looking for a replacement card. You'll have a small number of generic designs to choose from when applying for a new account. But once your account is open, you can immediately order a replacement card bearing...
Discover cards are accepted by more than 10.64 million U.S. merchants. Outside the United States, you can use Discover cards in 190+ countries and territories. But there are some noticeable gaps, including Russia, Ukraine, and most countries in Africa. You can check Discover's international-use map to see where, exactly, your Discover credit card will work.
Even in the countries where Discover Card is accepted, you'll still find many merchants that only accept Mastercard and...
It takes 5 to 9 business days to get a new Discover credit card and 3 to 7 days for replacement cards, in most cases.
Discover card applicants can get approved in as little as 60 seconds and, if eligible, could receive a virtual card number to use online or in a digital wallet before the physical card arrives in the mail. Some other credit card issuers also offer fast access to card info....
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* The information about the following cards has been independently collected
by WalletHub: NHL® Discover it®.
