Discover cards are not the most popular cards in the market when it comes to substantial sign-up bonuses, but they do have some decent perks like their 5% cash back card (on specific categories).
They also have additional side perks like FICO scores and their cash back portal with unique offers. Plus, if you have decent credit, you’d probably notice all of the direct mail you’d be getting from them wanting your business! (I think we get at least two pieces per week)
So, Why Choose a Discover Card??
1: Social Security Protection
Recently, Discover has introduced a newer feature that may entice those who are more about the security of their financials. Social Security Alerts that protect you from fraud if your number is used for any unapproved sources. This comes as a nice perk given that every credit card is attached to a social security number, so the added benefit of the company utilizing Fraud alerts will help alleviate some concern.
2: Freeze! (it)
Although we now see a lot of cards implement the Freeze feature, Discover is the one that made it famous. Just download the Discover app and Freeze your card if you lost the card or just want to add additional protection should you not want to involve the card in transactions.
3: Cash Back Calendar
Again, Discover’s weakness may be the fact that they don’t offer a sizeable sign-up bonus like the other providers do (Barclaycard offers a 70,000 point bonus). Still, those who value cashback will respect Discover It’s Cash Back card that offers 5% on rotating categories. Be sure to check the Discover Cash Back Calendar to find out just what those categories are!
4: Discover it Miles
For those who prefer credit cards with travel perks, Discover’s IT Miles card offers decent air miles redemption options. With 1.5x miles for every purchase you make, you’ll have an excellent sidekick in your wallet should you choose to go with the Miles or Cashback card. Oh, the yeah…no annual fee on either card.
5: No Annual Fees
One of the biggest negatives that higher-end credit cards offer is the annual fee you’ll be charged if you stay loyal. It seems like it’s an unnecessary charge, yet most premium cards use this fee. Discover, on the other hand, does not charge an Annual Fee on any of their credit cards!
6: Student’s First Card? Yes!
Building credit is something that takes time, and what better start to building credit is alongside your other student based endeavors. Discover’s Student Credit Cards are great options for beginners looking to grow a credit score over their early financial years.
For most, credit ratings are like the chicken and the egg, but with better approval odds for a Student based card, you can be sure to build a score where you can become the chicken after college!
Although there aren’t many more Discover bonus offers out there, Discover has a Secured card that will help boost your credit score if you are starting, plus other college-aged geared cards. With the versatility of the Discover it cards, you’ll have options if you want to try out this alternative credit card company.
Interested in Debit Card with rewards? We’ve posted about some cool banks and services that offer unique rewards like cash back.