Discover® More® Card - Clear
The Discove® More Card is a credit card designed for people who have maintained a positive credit history and that are looking for a Discover card with a cashback rewards program.
The Discover® More Card's reward program provides cardholders with 5% rebates for all purchases made in the Discover designated popular categories. Every four months, Discover offers you a different set of categories from which you can earn 5% rebates for purchases; including home, restaurants, movies, gas and other categories people typically make frequent purchases in. Discover® More Cardholders also are rewarded with 1% rebates on all general purchases and .25% for purchases made on the card from select discount stores and warehouse clubs.
People will receive .25% rebates when they spend up to $1,500 on general purchases, a .5% rebate when they spend between $1,500 and $3,000 and a full 1% rebate on all Discover® More card purchases $3,000.
Additionally, Discover® More cardholders earn double Cashback Bonus® rewards when they redeem their rebates on gift certificates from Discover Card Partners.
The Discover® More credit card offers no annual fee and an introductory rate of 0% on all new purchases as well as transferred balance for the first twelve months after opening your account. For qualified cardholders, APR on purchases beyond the introductory period remain reasonably low.
The finance charge calculation method is the "Two Cycles Average Daily Balance", which will cost cardholders who occassionally carry their card balances from one month to the next more than the "Average Daily Balance" method used by the majority of credit card issuers for calculating finance charges. The Discover® More card is financially better for individuals who tend to pay off their card balance in full each month.
Platinum benefits that come with the Discover® More credit card include auto rental insurance, travel accident insurance, and a variety of protection programs for fraud and security that you would expect from a Discover credit card. Additionally, cardholders of the Discover® More card are eligible to discounted products and services from merchants and retailers that are part of the Discover card partners.
Spending more than $3,000 with your Discover® More credit card entitles you to a 1% cash rebate, and helps make the card a strong financial choice for people who spend in excess of $3,000 and plan to pay their balance off at the end of each month. If you use your Cashback Bonus® at participating retailers, you're eligible for double cash rebates. This combination of credit card useage will make the Discover® More card extremely beneficial.
In order to get the most out of the cash reward program with the Discover® More credit card, you'll want to use the card for all of your spending. The 1% rebate is not applicable to all purchases made using the card- and is applied only to purchases that are above $3,000 in a year. Whenever you make purchases within the four designated categories, however, you will earn the full 5% rebate regardless of how much money has been spent on the credit card that year.
