Learn How to Apply for the Discover It Balance Transfer Credit Card
The Discover It credit card exists mainly to offer attractive balance transfer options for debt consolidation purposes.
What do You Need to Know Before Applying for the Discover It Balance Transfer Credit Card?
The Discover It offers a specific card designed for balance transfers which includes a 0% introductory APR for the first 15 months of card usage.
Credit Card
Discover It Balance
Do you need this service? Apply now.
GO TO OFFICIAL WEBSITE * You will be directed to an external websiteThe Discover card focuses primarily on enabling balance transfers that combine payments from multiple credit cards while reducing interest expenses.
The card provides a 0% introductory APR for 15 months together with a 3% transfer fee that applies during the first period and 5% after the initial period.
The APR rates for purchases and balance transfers at Discover will be between 17.24% and 28.24% after the introductory period ends.
Cardholders can avoid annual maintenance fees while saving money on interest expenses by moving their higher-interest card balances to Discover’s 0% rate.
The surplus funds can be used to make important debt payments which will help you achieve account balance.
Discover explains that the process of transferring balances to save interest costs may seem complicated at first but they assure it remains a beneficial approach.
Discover It requires cardholders to check their account status and payment methods before performing balance transfers.
The card allows you to decrease expenses through debt consolidation while providing both financial security and time-saving benefits from reduced multiple payments.
The credit card provides debt reduction assistance through its service without charging any annual maintenance fees. The service is available to you if you need it so you can continue reading.
Who can Apply?
The minimum requirement to apply is being 18 years old and a legal resident. Non-citizens must provide a valid work visa for identity verification.
The bank needs applicants to show they have a reliable income stream which can come from employment or benefits.
A good to excellent credit score is necessary for getting approved for a card. The criteria do not guarantee approval because Discover evaluates all applications through their assessment process.
Discover follows typical requirements for American residents who want to receive credit cards.
How do I Apply for the Discover It Balance Transfer Credit Card?
You must begin the card application process by selecting the “Apply Now” button which appears on Discover’s online platform.
You can verify your identity by entering your Social Security Number last four digits and your ZIP Code and date of birth.
You have the ability to skip the current step by choosing “Skip this Step” to access the application form.
The form allows you to select your desired card design while you must enter your complete name and address and birthdate and employment details and monthly rent or mortgage payments and income and email address.
After submitting the information, the bank will conduct a thorough review of your application.
Discover may ask for extra documentation during the application process including a driver’s license or passport copy and proof of address and bank statements for income verification.
Credit Card
Discover It Balance
Need a balance transfer? Apply now.
GO TO OFFICIAL WEBSITE * You will be directed to an external websiteMore Details
The card accepts three different payment methods including chip transactions and contactless payments and digital wallet payments.
Discover offers customers almost twenty different card design options to help them find a card that matches their personal preferences.
The Discover card presents an attractive financial solution that extends beyond balance transfer benefits to everyday money management.
The Discover It system provided 1% cashback on all purchases and 5% cashback on eligible purchases until a recent change.
The company has modified some policies so you must verify the current benefits at the time of signing your card contract.
The card provides $0 liability protection against unauthorized purchases together with continuous account activity monitoring.
The system aims to protect customer information from theft and data leaks.
Want to learn another option?
The Discover It card provides basic features but the American Express Platinum offers advanced premium services for users who need more comprehensive benefits.
The Amex classic provides 150,000 Membership Rewards points and 5x points on airfare purchases and you can find the application process here.
Hi, I’m Fernando Pham, and welcome to WhyDetails.com! I’m from San Francisco, and I love exploring questions and sharing answers through my blog.