Discover It Balance – How to Apply
The Discover it Balance Transfer is more than just a debt solution—it’s a tool that blends financial flexibility, strategic rewards, and excellent customer care.
For cardholders aiming to eliminate high-interest balances while still earning on new purchases, this card sets itself apart.
At the core of its appeal is the 18-month 0% intro APR on balance transfers. That gives users ample time to pay off debt without the added pressure of interest.
It’s one of the longest promotional periods available, which makes it extremely valuable for anyone juggling multiple cards or looking to reduce financial stress.
And unlike many balance transfer cards, Discover it Balance doesn’t stop at offering breathing room. It layers on a compelling cash back rewards program that keeps the card useful beyond the initial 18 months. That dual-purpose design is what makes this card stand out.
Discover It Balance
No annual fee 3% balance transfer feeHow Does the Discover it Balance Transfer Work?
Once approved, you can transfer balances from other credit cards and enjoy 0% interest for 18 months. A balance transfer fee of 3% applies, but even with that, you save significantly compared to the double-digit APRs you’re escaping.
In addition, the Discover it Balance card offers 0% APR on purchases for six months, giving you flexibility to handle new expenses as you manage your debt.
You also earn 5% cash back on up to $1,500 in combined purchases in rotating quarterly categories. These typically include everyday spend zones like gas stations, grocery stores, restaurants, PayPal, and Amazon.com—depending on the time of year.
You need to activate these categories each quarter, but the process is simple and only takes seconds online or in the app.
All other purchases earn an unlimited 1% cash back, and there’s no expiration on rewards.
Main Benefits of the Discover it Balance Transfer
One of the strongest features is clearly the 18-month 0% APR period, which few competitors match. It’s a financial safety net that helps users escape compounding interest and pay down balances faster.
But it’s the cash back program that turns this card from practical to powerful. With 5% cash back on select categories—like restaurants, digital wallets, gas stations, and Amazon—you’re constantly earning in places you already spend. You’ll need to activate those categories each quarter, but the reward potential is well worth the small effort.
The Cashback Match® at the end of your first year is another highlight. There’s no limit, which means if you earned $200, you’ll actually walk away with $400.
This unmatched offer gives new users a real boost and adds excitement to using the card daily.
You also get Discover’s renowned customer service, 24/7 U.S.-based support, a sleek app, and free access to your FICO® Score—making it a modern financial tool, not just a piece of plastic.
You will be redirected
Cons of the Discover it Balance Transfer
While it brings strong advantages, the card isn’t without trade-offs.
The 3% balance transfer fee might be a hurdle for those transferring large amounts. Although it’s standard in the industry, it’s something to account for in your savings calculations.
Another limitation is the rotating cash back categories, which require quarterly activation and may not always align with your spending habits. Forgetting to activate means missing out on the highest earn rates.
There’s also no immediate sign-up bonus, which many competitors use to attract new customers. While Cashback Match makes up for this over time, those seeking instant gratification may find this a drawback.
Additionally, foreign transaction fees make it a poor choice for international travel, and the card is not widely accepted outside the U.S.
APR and Fees
- Annual Fee: $0
- Intro APR: 0% for 18 months (balance transfers), 0% for 6 months (purchases)
- Ongoing APR: 17.24% to 28.24% (variable)
- Balance Transfer Fee: 3% (intro rate), then 5%
- Foreign Transaction Fee: 3%
- Late Payment Fee: Up to $41
It’s a cost-effective card for those who pay attention to deadlines and plan their finances carefully.
How to Apply for the Discover it Balance Transfer
- Visit the Discover website.
- Choose the Discover it Balance Transfer and click “Apply Now.”
- Provide your personal and financial details, including income and housing information.
- Review your terms and submit your application.
- If approved, you’ll receive your card in the mail. You can then start transferring balances and earning rewards immediately.
Whether your goal is to reduce debt or build rewards, this card offers a thoughtful combination of tools to help you succeed.
