Discover No Fee Balance Transfer Credit Card Launched

December 31, 2010 No Comments »

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For a limited time, Discover is offering a no fee balance transfer credit card with 0% APR for 12 months on balance transfers!  And 0% APR on purchases for 12 months.

The “Discover® More Card – No Balance Transfer Fee” credit card is a special promotional offer recently re-launched for 2012 and valid for transfers posted by 7/10/2012. They had the same offer for a limited period of time in early 2011, but it came and went very quickly.

It doesn’t have a balance transfer fee or an annual fee, making it a very hot deal if you’ve got credit card debt you need to pay off.

Very few, if any, credit card issuers are currently offering 0% APR balance transfers with no fee, so be sure to jump on this deal if you’re in the market for a balance transfer credit card.

Keep in mind that most credit card issuers charge 3-5% in balance transfer fees, which on a $3000 balance transfer would amount to $90 – $150.

So clearly there are some serious savings associated with this balance transfer deal. See the complete details below:

But if you need more time to pay off your credit card debt, Discover is also offering 0% introductory APR on balance transfers for a full 18 months, or two years!

However, there is a 3% balance transfer fee with this offer, but if you don’t think you’ll be able to pay off all your debt in a year, it could be a good alternative.

This credit card also comes with 0% APR on purchases for 12 months with no annual fee.

Both credit cards offer up to 5% cashback on categories such as travel, gas, groceries, restaurants, and more.

Offer expired. Check out the Slate No Fee Balance Transfer instead!

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