Discover Card is a reputed credit card company in the United States of America. The company provides a number of credit cards to the customers. Majority of these cards are provided by Discover Bank. These cards are very popular because Discover cards charge very low interest rates. On the other hand, the repayment plans are also very flexible and of longer tenures. The online services provided by Discover cards are convenient and comprehensive.
Some of the popular Discover cards are as follows:
• Discover Open Road Card: This card offers 0% annual percentage rate for the initial six months. Once the six month period is over, the card company charges nearly 10.99% on the outstanding amount. The Discover Open Road card also offers balance transfer facility. No interest rate is charged on the transferred amount for the first year. At the same time, there is no provision for the annual fees in these cards. This card also offers cash-back program to the cardholders.
• Discover More Card: These cards are basically known for the huge cash rewards. The amount of cash-back for different types of purchases through these cards is 1%-5%. Annual percentage rate for these purchases is 0% for the first six months and then the rate is nearly 10.99% till the amount is paid back. Balance transfer facilities are also provided by this card and the interest rate is 0% for the initial period of one year.
• Discover Student Card: This card is basically designed for the students community. There is no provision for balance transfer. The cash-back facility is provided for expenses done in travel, restaurants and so on. The annual percentage rates on these purchases is 16.99% but these are applicable only after the initial six months period.
• Discover Business Cards: These cards are used for the business purposes. Normally 1%-5% cash-back is offered for a number of business purchases. For the initial 12 months, the company charges 0% and after that 13.99%. The card also offers balance service.
