Discover More No-Fee Balance Transfer Card
With
no annual fee, 0% interest for 12 months, and no balance transfer fee, the
Discover More No-Fee Balance Transfer card offer really does provide the opportunity to get
a completely free loan from Discover for the next 12 months. Smart consumers
realize that Discover is essentially offering an absolutely free 0% interest
loan for 12 months - that's news you can use! However, Discover is only
extending this offer through the end of February, so you must act now. The
Discover More No-Fee Balance Transfer is a must-have financial product for
anyone who is serious about eliminating credit card debt, and this offer
won’t last long, so do take advantage!
FEATURES
With Discover, you always get more! Besides the $0 balance transfer fee, highlights of the Discover More Card include:
- 12 months with 0% interest on all spending and balance transfers.
- No annual fee
- 5% cash back in revolving classes, including gas, department stores, dining, and more.
- Receive up to 20% off selected retailers when you shop online at Discover.com.
- U.S. based account management available 24 hours a day, 7 days a week for fast, reliable service.
Normally, credit card balance transfers incur a 3% fee on all balances transferred. This rate seems nominal enough when balance transfers amounts are low. However, when you are transferring credit card balances that amount to thousands of dollars, that little 3% costs you hundreds. Smart consumers recognize that an opportunity to save on debt repayment is simply worth taking, even when the stakes seem low. Cards users who are looking to pay down their debt and have the ability to do so within twelve months should absolutely take advantage of this limited-time opportunity.
More About the Discover More Card – $0 Balance Transfer Fee Limited-Time Offer
Although you will enjoy 0% interest for a full 12 months, balances must be transferred before August 1, 2012 in order to qualify for the no-fee promotion. While the offer is very generous, it is only in effect for a limited time, reinforcing how this financial product is best utilized by highly qualified borrowers who are focused on paying off credit card debt in 12 months or less. After 12 months, your standard interest rate will apply, falling between 10.99% and 19.99%, depending on your credit score. So, you may want to keep the card after you finish paying off your transferred balance, but you certainly want to have a low or zero balance at the end of the promotional period.
Also, due to a new policy change, Discover now only allows you to have one Discover credit card at any given time. So, if you are Discover customer already and would like to take advantage of this offer you will need to close out any other Discover card accounts first.