Just last year, Discover Bank perked up its major credit card offering with cash back amounts on different categories of rewards. It rotates its extra $150 cash bonus when you spend on specific items or purchases that fall on the specified period of time indicated by their offer. These rewards depend on what you spend on restaurants, fashion, gas, entertainment, and even for this year’s holiday shopping.
If all those rewards did not make such a good impression on you last year, then their spruced-up offering on another credit card might just entice you. The Discover Open Road Credit card offers a line-up in their dining and gas rewards that are sure to woo any adventure-buff or foodie out there.
With so many offerings from just one card, it’s hard to pick the best one. First of all, you won’t have to worry about paying annual fees – because there aren’t any.
Second, they have an introductory APR of 0%. However, this is only applicable during the first 15 months of credit card use, starting from the time of the application. After this time period, the APR will range from 10.99% to 19.99%. Your assigned APR will be based on your credit history. The better your credit worthiness looks, the lesser your APR will be.
Aside from the 15-month 0% APR, they also do not assign an APR for the same period of time for your balance transfer transactions. This is the third benefit you’ll be getting. Given that balance transfers are performed before August 10, 2012, you can enjoy this zero rate service. After this time period, you will start to pay for APR, which are again based on one’s credit worthiness.
Fourth, and probably the most sought after service is their cash back bonuses. For every transaction at restaurants or gasoline stations, one can stand a chance to earn a double cashback bonus. Yes, you read that right – double. Since you can get twice the usual cashback amount, you can maximize your spending on gas and food, provided that these purchases fall during the first $250 spent every month. As for your other purchases thereafter, you can earn a 1% cash bonus as well.
Online shopping can save you lots of time and energy in getting the items you specifically want. With Discover Open Road credit card, you can get that same convenience and reap amazing rewards for it. Just log in and shop around in any of their affiliated online retailers, and you can enjoy 5-20% on cash bonuses.
Once you earn enough points, you have the freedom to do exactly what you want with it. If you want even bigger rewards, you can convert these points into more points once you redeem in any of Discover Bank’s partner online stores. Or, you can choose to deposit the cashback amount directly into your account. It’s entirely up to you.
With all these great offerings, no wonder Discover Bank frequently tops the list for the best credit cards in the country. And why not? They prove that earning rewards is just one swipe away from your credit card.