Discover® More(SM) Card - Clear
issued by Discover |
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read on for a full review of all the features.
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 In-Depth Credit Card Review |
This online card application is intended for residents of the United States only. For other country options, please refer to the right hand menu bar.
Discover's Discover® More(SM) Card – Clear is ideal for those with very good credit who want a cash reward credit card.
Through this card's reward program, cardholders are able to earn a 5% Cashback Bonus® in categories such as travel, gas, restaurants, movies, and more. Up to 1% can also be earned on general purchases and .25% for purchases made at select warehouse clubs and discount stores.
The way rebates can be earned is quite simple. Those who spend up to $1,500 on general purchases will receive a .25% rebate. If a cardholder spends between $1,500 and $3,000, a .5% rebate will be earned. Any general purchase expense yields a 1% rebate to the cardholder.*
As an added bonus, cardholders can earn up to a double Cashback Bonus® when they redeem their rebates for gift certificates from participating Discover® Card Partners. What's more is that with the Discover® More(SM) Card – Clear, there is no annual cap on the amount of rebates that can be earned. As long as the account is active during a 36-month period, rebates will not expire.
What makes this card even more attractive is that there is no annual fee. Cardholders also enjoy a 0% introductory APR on balance transfers for 6 months, and a 0% introductory APR on purchases for up to 6 months. After the introductory rate expires, the APR for purchases with this card is reasonable for those who qualify.
Platinum style benefits that are provided with this card include travel accident insurance, auto rental insurance, and fraud protection services. Cardholders will also have access to discounts on products and services at participating merchants and retailers.
With the Discover® More(SM) Card – Clear, those who plan on spending at least $3,000 per year and who plan on taking advantage of the Cashback Bonus® reward program will find this card to be the most beneficial.
*It is important to note that like many cash reward cards, the highest rebate offered will not apply to all purchases made with the credit card. In this case, 1% will be applied only to those purchases made after the cardholder spends over $3,000 in one year, so the overall cash rebate earned will be less than 1%, depending on the amount spent. For instance, if the cardholder were to spend $4,000, only $1,000 of this amount would be applied towards the 1% rebate. However, this does not take into account any promotional offers or the full 5% Cashback Bonus® award.
Most Attractive Feature: Double cash rebates at participating retailers and merchants (through the Cashback Bonus® award program); 0% introductory rate; no annual fee.
Least Attractive Feature: Low rate not available to all applicants.
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Note: The review of this Discover card was updated on 10/08/2009 and is believed to be accurate during the update,
however, information posted may have since changed. We strongly suggest that you carefully read the Terms and
Conditions statement that accompanies the credit card application
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| Key Card Information |
| Introductory Rates and Terms |
| Intro Rate: | 0% Intro APR |
| Applied Towards: | Balance Transfers |
| Details: | There is a 0% introductory APR on balance transfers for 6 months, and a 0% introductory APR on purchases for up to 6 months. See terms and conditions for complete details. | | Miscellaneous Rates and Terms |
| Credit Limits: | n/a (Maximum) |
| Purchases APR: | as low as 11.99% | | Cash Advance APR: | 23.99% There is a minimum APR on cash advances. | | Finance Config: | Average Daily Balance (including new purchases) | | Grace Period: | 25 Days (Min.) | | Fees Associated with this Card |
| Annual Fee: | $0 |
| Add. Cardholders: | $0 |
| Late Payment Fee: | $19 on balances up to $250; $39 on balances over $250 |
| Over-the-Limit Fee: | $15 on balances up to $500; $39 on balances over $500 | | Cash Advance Fee: | 3%, $5 minimum |
| Balance Transfers: | 3% for each balance transfer made under this offer |
| The Rewards Program Highlights |
| Optional Reward: | No |
| Rebate Minimum: | .25% |
| Rebate Maximum: | 5% |
| Additional Rebates: | Cardholders earn a 5% Cashback Bonus® in categories like travel, home, gas, restaurants, movies, and more. Earn a 0.25% rebate at select warehouse clubs and discount stores. Earn up to double Cashback Bonus® at participating Discover Card Partners. |
| | Earn a 0.25% rebate for up to $1,500 in general spending; 0.5% for over $1,500 up to $3,000; and 1% for over $3,000. Reward is redeemable in $20 increments only. |
| Expiration: | None (Account inactivity for more than 36 months could result in the forfeiture of some or all of the Cashback Bonus®.) |
| Additional Highlights of Interest |
Special Card Benefits and Features
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Various card designs to select from.
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Various Internet account related services.
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Emergency card replacement.
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Fraud and security protection services.
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Auto rental insurance.
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Up to $500,000 in travel accident insurance.
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Discounts on products and services at participating merchants and retailers.
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See website for additional benefits.
Important Notes Regarding This Offer
The APR for purchases and balance transfers varies according to the applicant's credit history and may range from 11.99% - 18.99%.
*See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the “Apply Here" button, you can review the credit card terms and conditions on Discover’s website. |
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