Loading... Please wait!

Discover It Balance Transfer Credit Card: Consolidate your Debts in one place with a 15-Month Introductory APR

Discover It brings you a card completely focused on balance transfers with a 0% introductory APR for 15 months.

The card’s main focus is precisely to help you reduce the interest on other payments and concentrate them into one, and you can already see how to apply.

Searching for More?

Discover It is a renowned credit card brand known for its innovative features and customer-friendly policies.

With a focus on rewards and financial empowerment, it provides users with flexible options to manage their finances effectively.

The Balance Transfer Credit Card is specifically aimed at balance transfers, but what exactly is this service?

A balance transfer involves transferring the outstanding balance from one credit card to another, often to benefit from lower interest rates or promotional periods with reduced or zero interest rates.

And that’s precisely what the Discover card does. The card can help you save money on credit card interest by transferring debts here at a lower interest rate.

Thus, when you consolidate debts from different credit cards with high rates into a Discover balance transfer offer, you begin to pay a single monthly payment.

This can be crucial for significantly reducing costs, as you’ll consolidate all debts into one to pay monthly.

According to Discover It, the time for balance transfers depends on account statuses and how they are being paid.

The card has an initial limit of $500, considered quite generous for various types of audiences, and can also be expanded according to needs.

No, Discover It does not offer any type of bonus reward, as the focus is on balance transfers.

The card does not charge an annual maintenance fee and offers a 0% introductory APR for 15 months, a 3% balance transfer fee for some months, and a variable purchase APR of 17.24% to 28.24%.

Discover It offers very favorable conditions, but it is more open to the public with good credit.

Yes, you can apply completely online through Discover’s services.

If you accept a balance transfer offer, your existing debts can be consolidated into a new credit card account.

This is useful if you have debts with high interest rates. You can transfer the balance to a new account with a lower introductory interest rate, making it easier to pay off over time without accruing as much interest.

There are different ways to consolidate your debts, either by depositing money into a checking account or providing information for the new account to pay your creditors directly.

The card offers other great benefits for everyday use, such as a $0 liability guarantee for unauthorized purchases with Discover It.

The company focuses on helping you protect online privacy by reducing the exposure of personal information on the internet.

Want to learn another option?

If you’re looking for a completely different card with premium services, the American Express Platinum is the answer.

The card has high fees but delivers unique benefits, and you can see how to apply.

Gabriel Gonçalves
Written by

Gabriel Gonçalves