Discover® More(SM) Card - American Flag

Editor's Review: The Discover More American Flag Card is specifically designed for those with very good credit that are interested in participating in a cash back rewards program while maintaining a low interest rate.

The Discover More American Flag Card has many perks that cardholders enjoy. For example, it provides fraud and security protection services, protection from liability for unauthorized transactions, and discounts on services and products from a variety of retailers and merchants. It also offers auto rental insurance and up to $500,000 in travel accident insurance. The Discover More American Flag Card also provides cardholders with an attractive 0.00% introductory APR. This APR is good on purchases and balance transfers made during the first six months of membership.

The perks of the Discover More American Flag Card are reason enough to apply for the card. To make it even better, the card offers an excellent cash back rewards program. With this program, cardholders receive a full 5% cash rebate for purchases made at specific merchants. For general purchases, they earn up to 1% cash back. Purchase made at certain discount stores and warehouse clubs earn back .25%. For the first $1,500 spent on general purchases with the card, members earn .25%. For expenditures between $1,500 and $3,000, cardholders earn .5% back. Purchases over $3,000 earn a 1% cash back rebate.

Cardholders can also earn a double Cashback Bonus when they redeem their rebates for gift certificates good with certain Cashback Bonus Partners. There is also no limit on how many rebates a cardholder can earn in a year. In addition, the rebates never expire as long as the account remains active during a 36-month period.

The Discover More American Flag Card offers a cash back rewards program and a low interest rate for no annual fee. In addition, it is free to place additional cardholders to the account for no extra fees. When introductory period ends, the variable APR is based on the Prime Rate. The card also uses the less common "Two Cycles Average Daily Balance" method in order to determine finance charges. This method is more costly than the more common "Average Daily Balance" method. This fact, however, is not an issue for those who pay their credit card balance in full at the end of each cycle.