Discover it® Balance Transfer

Discover it® Balance Transfer

on Discover's website

Discover it® Balance Transfer

Discover it® Balance Transfer

Discover it® Balance Transfer

on Discover's website

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Card details

  • INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.

  • Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically.

  • Discover helps remove your personal information from select people-search websites. Activate by mobile app for free.

  • Every $1 you earn in cash back is $1 you can redeem.

  • No annual fee.

  • Click "Apply Now" to see terms and conditions.

Rates, fees & offers

  • Annual fee

    $0

  • Rewards rate

    1%-5%

  • Bonus offer

    INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.

  • Intro APR

    0% intro APR on Purchases for 6 months and 0% intro APR on Balance Transfers for 18 months

  • Ongoing APR

    APR: 16.24%-27.24% Variable APR

    Cash Advance APR: 29.24%, Variable

  • Balance transfer fee

    3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*

  • Foreign transaction fee

    None

Recommended credit score

Compare to other cards

NerdWallet rating 
NerdWallet rating 
NerdWallet rating 
Annual fee

$0

Annual fee

$0

Annual fee

$0

Regular APR

16.24%-27.24% Variable APR

Rates & Fees

Regular APR

17.74%-25.74% Variable APR

Rates & Fees

Regular APR

16.24%-26.24% Variable APR

Intro APR

0% intro APR on Purchases for 6 months and 0% intro APR on Balance Transfers for 18 months

Intro APR

0% intro APR on purchases for 12 months from the date of account opening

Intro APR

0% intro APR on Purchases for 21 billing cycles and 0% intro APR on Balance Transfers for 21 billing cycles for any balance transfers made in the first 60 days

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

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NerdWallet review

By Ben Luthi

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

Rating details

4.9

Editor's overall rating

Pros and cons

Pros
  • No annual fee

  • Intro APR period

  • Bonus categories

  • Cash rewards

Cons
  • Complicated rewards

  • Spending caps on bonus rewards

  • Lower acceptance abroad

Some of the best balance-transfer credit cards on the market don't offer rewards. The Discover it® Balance Transfer is an exception. Not only does the card offer 0% intro APR on Purchases for 6 months and 0% intro APR on Balance Transfers for 18 months, and then the ongoing APR of 16.24%-27.24% Variable APR, but you'll also earn cash back on your spending.

Plus, Discover offers a sign-up bonus: INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300. Add to that free access to your FICO score and a $0 annual fee.

The Discover it® Balance Transfer provides a package deal for people who want to save on interest while paying off their debt, and get rewards while they're at it. For more information, read our full review.