Discover® MoreSM Card - Clear from CreditCardAssist.com and Discover Card offers no annual fee, 0% introductory APR on purchases and balance transfers, and gives you cash back rebates of up to 1% on purchases. Search and compare platinum credit cards and apply online for the Discover More Clear Card.
Editor's Review:
The Discover More Clear Card is designed for those who have very good credit that wish to take advantage of all the benefits associated with a platinum credit card as well as participate in a cash back program.
The Discover More Clear Card offers a variety of benefits most cardholders find attractive. For example, it provides up to $500,000 in travel accident insurance and auto rental insurance. In addition, it provides fraud and security protection services, emergency card replacement, and discounts on products and services provided by a variety of merchants and retailers.
The card also has an attractive introductory offer. The APR is 0% on balance transfers and purchases during the first six months of membership. This APR is valid on all balance transfers made during the entire first year of membership, not just on transfers initiated at the time of application.
The Discover More Clear Card also has a fantastic cash back program. Through this program, cardholders receive a full 5% cash back rebate for all purchases made at participating merchants. Purchases made with the credit card at participating discount stores and warehouse clubs earn back .25%. All other general purchases earn back up to 1%. The first $1,500 spent earns back a .25% rebate. Expenditures between $1,500 and $3,000 earn .5%, while expenditures over $3,000 earn a 1% rebate. Even better, cardholders can double the value of their rebates with the Cashback Bonus by redeeming the rebates for gift certificates with participating Discover Card Partners.
There is no limit on the amount of rebates a cardholder can earn in one year. Furthermore, the earned rebates never expire so long as the cardholder uses the card at least once in a 36-month period.
There is no annual fee for the Discover More Clear Card. In addition, there are no extra fees for adding cardholders to the account. After the introductory period, the APR on purchases is variable and based on the Prime Rate. The APR on cash advances, however, is a fixed 20.99%. The amount of the finance charges is determined using the "Two Cycles Average Daily Balance" method. This is a less common method than the "Average Daily Balance" method, and can result in higher finance charges for those who carry balances on their card.
