0% 18 Month Balance Transfer from Discover


Are you looking for a balance transfer credit card that will give you some breathing room?

Is 12 months not enough for you to pay off all your credit card debt?

Well, Discover has a “0% APR balance transfer for 18 months” promotional offer going on at the moment that could provide you with much needed relief.

As the name implies, the Discover More 18 Month Promotional Balance Transfer credit card comes with 0% APR for 18 months on balance transfers and 0% APR for six months on purchases.

The balance transfer fee associated with this promo is 3% – they did away with their no fee balance transfer offer a while back…

Let’s take a look at how you might save money with this offer:

Current credit card debt: $2,500 @ 19.99% APR
Balance transfer offer: 0% APR for 18 months
Balance transfer fee: 3%

In this example, you’d be paying roughly $42 in credit card finance charges monthly, or $500 annually. Who wants that? Not me.

If you executed the Discover balance transfer offer, you’d pay nothing in the way of finance charges for a year and a half, which should help you pay off the debt much faster so you can get back on track.

And once you do pay it all off, the Discover More card offers great cash rewards, including up to 5% back in rotating categories, such as gas and groceries, along with 1% cash back on everything else after you spend $3,000 annually.

So it’s not a bad card to have in your wallet.

Keep in mind that this is the longest 0% APR balance transfer credit card currently available.

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