In recent years, the long list of Discover Card rewards and benefits has seen Discover credit cards gain in popularity. On the one hand, the Discover Card rewards are easy to use – the Discover Card reward points are redeemed as redemption credit, with no minimum redemption amount – and the Discover Card reward rates are very competitive.
But the appeal goes beyond simply offering good rewards credit cards. Discover cardholders also enjoy a host of additional benefits focused on security, value and service. Here is a guide to all the perks and perks you can expect from your Discover credit card.
Benefits applicable to all Discover credit cards
- All Discover credit cards have an annual fee of $ 0 and an over limit fee of $ 0.
- Discover does not charge any overseas transaction fees.
- All Discover credit cards offer cash back rewards, and Discover Card rewards do not have a minimum rewards balance required to be redeemed.
- Discover cardholders receive a free credit card with their FICO® score and other important credit information. Scores are updated monthly.
- Discover’s Freeze it® feature allows cardholders to activate or deactivate their account at will to prevent fraudulent or unauthorized purchases.
- Discover the “Social Security Number Alerts” offers. In summary, if you enable this feature, Discover will keep an eye on your SSN and alert you if it finds your data on a risky website or notices any new accounts opened in your name.
- Discover cardholders have a $ 0 fraud liability, which means you are not financially responsible for unauthorized purchases.
- If your Discover card is lost or stolen, the company will send you another one, overnight, free.
- At some retailers, you can use your Discover card to earn cash back on a purchase, just like you can with a debit card. Discover will charge your regular purchase interest rate for this, not a higher cash advance APR. Discover limits these transactions to $ 120 every 24 hours, and Discover cashback stores can set their own limits.
- Discover has a customer service based in the United States. Plus, unlike your typical credit card issuer, Discover is committed to not trying to sell you other products when you call their customer service.
- All Discover Cards match the rewards you earn in the first year, which doubles the cash back you earn in your first year as a cardholder.
- Many Discover Card rewards partners allow you to redeem your cash back at checkout (although this is not always the best solution).
Advantages Cards Discover born to have
In order to help you choose the best credit card for you, it is important to point out that there are some popular credit card benefits that you habit get with a Discover card.
This is especially true when it comes to travel benefits. Specifically, Discover’s travel benefits were phased out in early 2018, including rental car insurance and theft accident insurance. So if you plan on traveling a lot, you might be better off using one of our other favorite travel credit cards.
In addition, Discover has also recently removed some preferred perks for buyers, such as purchase protection, return protection, and extended warranty benefits. To be fair, several other card issuers have cut back on these types of benefits as well, but many issuers still offer them.
The bottom line on the benefits of the Discover credit card
To be clear, there are certainly credit cards with After advantages that Discover. And if travel or shopping benefits are high on your priority list, a Discover card may not be the right credit card product for you.
That said, the Discover Card rewards program does offer some unique features, such as doubling your cash back or miles in the first year. Plus, some of Discover’s other perks are valuable, such as access to 100% US-based customer service and no overseas transaction fees.
Ultimately, if you’re looking for a solid rewards credit card with no annual fees and don’t really care about the benefits of travel and shopping, a Discover credit card might be just what you’re looking for.