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| Introductory Rate: |
3.99% APR for 6 Months* |
| Time Period: |
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| Rate Applied To: |
Purchases, Balance Transfers |
| Additional Details: |
There is a 3.99% introductory APR* on purchases for 6 months and a 3.99% introductory APR* on balance transfers for 12 months. See terms and conditions for complete details. |
| Regular APR: |
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| Variable or Fixed: |
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| Annual Fee: |
$0 |
| Annual Fee Details: |
None |
| Application Fee: |
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| Participation Fee: |
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| Reload Fee: |
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| Inactive Fee: |
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| Total First Year Fees: |
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| Type Of Rewards: |
Rebate |
| Be sure to read the card's *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.
before applying! |
Credit Card Review
The Discover® Motiva(SM) Card, issued by Discover, is designed for those with very good credit who are looking to earn cash rewards by paying on time and making purchases.
Through the reward program, cardholders who spend up to $1,500 on general purchases will receive a .25% rebate, between $1,500 and $3,000 will receive a .5% rebate, and over $3,000 will receive a 1% rebate. Cardholders will also earn .25% for purchases made at select warehouse clubs and discount stores.
As an added bonus, cardholders are eligible to earn a 5%-20% cashback bonus at participating online retailers through Discover's exclusive online shopping site. There is no yearly limit on the amount of rebates that can be earned, and rebates do not expire as long as the account is active within a 36 month period.
Cardholders will also be eligible to earn a pay-on-time bonus. Each time cardholders make six on-time payments in a row they will receive a credit towards the payment of their next month's interest. Cardholders will be eligible to receive the pay-on-time bonus twice a year, every year when monthly payments are received on time.
The card has no annual fee and an attractive 3.9% introductory rate on purchases for ten months and a 3.9% rate on balance transfers until the last day of the billing period ending during January 2010. The APR for this card is reasonably low for those who qualify.
Aside from the reward program, the card also provides several cardholder benefits including up to $500,000 in travel accident insurance, auto rental insurance, and various fraud and security protection services.
Therefore, those who plan to spend over $3,000 a year (to earn the 1% cash rebate), plan to use their Cashback Bonus® award at participating online retailers (to earn additional cash rebates), plan to pay in full each month after the introductory rate expires (to avoid costly finance charges), and pay on time every month will benefit most from what the Discover® Motiva(SM) Card has to offer.
*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 only be applied 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.
This review was updated
Reward Program Information
| Type Of Rewards: |
Rebate |
| Reward Program Optional: |
No |
| |
Optional programs may have a fee. See *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.
for details. |
| For Cards with Cash Back Incentives |
| Lowest Possible Rebate: |
.25% |
| Highest Possible Rebate: |
20% |
| Additional Rebates: |
Earn a 0.25% rebate at select warehouse clubs and discount stores. Earn 5%-20% Cashback Bonus® at participating top online retailers through Discover's exclusive online shopping site. |
| Rebate Details: |
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. Cardholders will also earn .25% rebate on purchases made at select warehouse clubs, discount stores and their affiliates. Rewards are redeemable in $20 increments only. |
| For Cards with Point Incentives |
| Points Per Dollar Spent: |
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| Additional Points: |
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| Point Details: |
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| For Cards with Airline Incentives |
| Miles Per Dollar Spent: |
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| Additional Miles: |
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| Program Details: |
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Rewards Expiration Period:
Annual Limit:
Additional Credit Card Perks
Various Internet account related services.
Fraud and security protection services.
No liability for unauthorized transactions.
Up to $500,000 in flight insurance.
Auto rental insurance.
Access to Pay-On-Time Bonus.
Access to 5%-20% Cashback Bonus at top online retailers through Discover's exclusive online shopping site.
Flexible payment due dates.
See website for additional benefits. Special Notations about the Discover® Motiva(SM) Card
*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.
Always read the credit card's *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.
before applying!
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