For 15 years in a row, Discover has been ranked #1 in customer loyalty, mainly because customers like the various rewards programs and cards offered by Discover. The Discover More card is one of the options that you have when choosing amongst Discover credit cards.
Discover More Card
Discover offers one of the more generous rewards programs out there. You can receive 5% cash back on different categories that change periodically. These categories include gas stations, restaurants, department stores, grocery stores, and more. You receive lesser cash back amounts on other purchases.
If you pay attention to the categories that are offering 5% cash back, you can maximize your purchases. Realize, though, that there are limits. The Discover More card limits the amount of cash back you can earn, and that means that you might not end up with as much as you want back.
It is also worth noting that if you shop through Discover.com, you can receive 20% cash back from retail partners. As long as you weigh the prices you pay through the sites, this can be a great deal – especially if you pay off your balance each month. You will be able to earn cash back faster, and you won’t be subject to interest charges.
Because the Discover More card is a cash back credit card, you don’t have to worry about redemption fees. Additionally, the Discover More card comes with no annual fee, and no fee for an additional card. It is one of the truly free credit cards out there, offering you cash back without the drawback of fees.
Applying for the Discover More Card
Right now, the Discover More card is offering 0% APR on balance transfers and purchases for 15 months. This means that you can transfer a balance from a card with a higher rate and pay it off, saving money in interest charges. The interest rate is also relatively low, at 10.99% for those with excellent credit (although the variable rate can range up to 20.99%).
When you apply, realize that you will need good credit to get the best terms. The Discover More card isn’t one that is considered for those with poor credit. Indeed, you might not qualify if you don’t have good credit.
Overall, though, the Discover More card is a decent cash back credit card. It’s basic, and easy to use, and you receive your cash back check automatically with your statement when you reach the minimum needed for the check. This makes it easy to redeem your rewards. If you just want to keep it simple, the Discover More card isn’t a bad choice.
