Discover it® Credit Card Short Review
Discover it® Pros – Wow, where do I start? There are so many different things that make this card fun. Hmm, starting with the most unique perk, Discover will not charge you a late payment fee on your first late payment! Not to mention, there’s no annual fee, over limit fee, pay by phone fees and, your interest rate doesn’t increase for late payments. That in it’s self is a shocker for the credit card market! Now, it also comes with great promotional rates…depending on which It card you choose, you will get 0% interest on balance transfers for 14 to 18 months. Finally, the Discover it® card is a cash back credit card to top it all off. There’s plenty more to tell you but, in order to keep the short review short, I’m going to have to cut it off here. To learn more, read the long review!
Discover it® Cons – The Discover it® card was designed for consumers with good to excellent credit scores. Therefore, if you don’t have ‘em, you won’t be approved. Also, the pricing structure doesn’t seem to weigh in the best odds of the consumers with good credit scores. If you have excellent scores, you surely will land in the 10.99% range which, it’s pretty competitive. But, if you only have good credit scores, you may find yourself paying 22.99% after promotions and…you can do better!
The Bottom Line – The Discover it® card is a great option for the right candidate. The perks It provides far outweigh the cons associated with the card, especially if you have excellent credit scores. When it comes to cash back credit cards, balance transfer credit cards or even general credit cards for consumers with excellent credit scores, this card really takes the cake!