Discover it® Balance Transfer Card
Pay 0% interest for 18 months while earning rewards
By: Nilo Trip
0% APR for 18 Months
0% intro APR on balance transfers for 18 months
5% Cash Back (Rotating)
5% back on $1,500 quarterly in bonus categories
1% Unlimited Cash Back
1% back on all other purchases – no limits
First Year Bonus
Discover matches all first year cash back
Discover It Balance Transfer: Pay Down Debt and Earn Cash Back
The Discover It Cash Back Card offers a highly competitive 18-month introductory period with a 0% APR on balance transfers, making it an excellent financial tool for those looking to consolidate high-interest debt and regain control over their personal finances. This specific promotion allows cardholders to transfer existing balances from other lenders and pay them down gradually over a year and a half without accumulating any additional interest charges. While there is a standard 3% balance transfer fee for this service, the potential savings on interest payments over such an extended period often far outweigh the initial cost. By utilizing this strategic feature through the mobile app or website, consumers can effectively manage their monthly budget, reduce financial stress, and work toward becoming debt-free while simultaneously earning rewards on their new daily purchases without the burden of growing interest.
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What is the 0% intro APR on balance transfers?
The Discover It Balance Transfer Card offers a 0% introductory APR for 18 months on balance transfers, after which a variable APR applies based on your creditworthiness.
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How does the Cashback Match work?
Discover will automatically match all the cash back you’ve earned at the end of your first year, doubling your rewards with no additional steps required.
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Does the Discover It Balance Transfer card have an annual fee?
No, the Discover It Balance Transfer Card does not have an annual fee.
Balance Transfer with Rewards and Cashback Match
The Discover It Cash Back Card represents the smarter way to pay down existing debt while simultaneously earning valuable rewards on your everyday spending. By combining a generous introductory 0% APR period on balance transfers with a robust cashback structure, this card allows users to tackle high-interest balances from other institutions without the constant pressure of accumulating monthly interest charges. This strategic financial approach empowers cardholders to allocate more of their hard-earned money toward the principal balance, accelerating their journey toward total financial freedom. Meanwhile, every new purchase continues to generate significant cash returns, ensuring that your path to becoming debt-free is paved with tangible benefits. It is a dual-purpose financial tool designed for responsible consumers who demand both short-term relief and long-term growth, providing a balanced, modern, and highly efficient solution for sophisticated personal budget management.