Over the past few years, the Discover it card has become one of the leading card offers in the United States. With fewer top tier card offers and a smaller balance transfer limit, Discover does not receive the same level of attention as the larger three card companies, Chase, American Express and Citi. But if you have recently blown through your five/24 limit on Chase, are looking to rebuild or increase your credit rating or are just looking to save a buck or two each month, Discover may be an excellent choice.
The Discover it card is a no deposit card with no annual fee or monthly fee. There are no fees associated with transferring balances and only a few annual fees for balance transfers. You can use your card as much as you want and you never need to pay a service charge or penalty fee. In other words, you are given an opportunity to make an effort to save a few extra bucks each month by transferring your balance to Discover and spending less than you would with cards like American Express, Chase or Citi.
In addition, the Discover it card offers you the opportunity to earn reward points that you can use to redeem for merchandise such as airline miles, hotels, and rental cars. These reward points can be redeemed for whatever you wish to use the reward points for. For example, if you would like to redeem your reward points for a trip to Las Vegas, then the rewards points from the Discover it card could be used towards your trip. If you would like to save money on your purchases at the hotel when you get there, then you could use the rewards points towards your hotel stay. Whatever you choose, using your reward points to make purchases will help you save more money in the long run and give you more cash to pay down your debt.
Another benefit of the Discover it card is that you are not required to carry a balance with the card. You can enjoy the flexibility to use the card any time without having to worry about accumulating large amounts of debt. You are given the opportunity to use your Discover it card and not worry about accumulating a large debt. and being unable to pay it off. If you already have a credit card, you can take advantage of the reward program and enjoy the rewards and the flexibility of not having to carry a balance.
Because the Discover it card is not tied to any major credit card, there is no credit check. as is required for most other cards. The reason the Discover it card does not require a credit check is because you can use the card as much as you like and there is no credit check for spending. The card will work for you as long as you are spending money.
When it comes to rewards, you get what you pay for. If you spend more than you earn from your card, you can lose points that you can redeem for merchandise such as airfare, hotel rooms, car rentals, and rental cars. So, if you decide to redeem your reward points for these types of purchases, make sure that you are not overspending and only spend what you can afford to pay off each month or you may end up having to wait a while for the reward points to redeem.