Discover How to Apply for the Discover It Balance Transfer Credit Card

Key Information Before You Apply for the Discover It Balance Transfer Credit Card

The Discover It card is designed for those wanting to transfer balances, featuring a 0% introductory APR for the first 15 months.

The Discover card primarily focuses on simplifying balance transfers, helping users consolidate payments from other cards and save on interest.

It features a 0% introductory APR for the first 15 months, with a transfer fee of 3% initially and 5% afterwards.

Post-introductory, the APR for purchases and balance transfers ranges from 17.24% to 28.24%.

Additionally, the card does not charge an annual maintenance fee, allowing users to significantly cut down on interest by switching balances from higher-rate cards to Discover’s 0% offer.

This extra cash can be applied to larger debt repayments, helping to manage financial obligations.

While the idea of balance transfers might seem intimidating, Discover assures that it can be a beneficial strategy.

According to Discover It, the timing of balance transfers is influenced by account conditions and payment methods.

In addition to lowering costs by consolidating debts, you’ll also experience peace of mind and save time managing multiple payments.

This card can significantly help in managing debts without charging an annual fee. If this interests you, keep reading!

Eligibility Criteria

To qualify, applicants must be at least 18 years old and a legal resident. Non-citizens should present a valid work visa for identity verification.

Additionally, the bank looks for applicants with a reliable income source, generally from steady jobs or benefits.

To qualify for card approval, it’s crucial to maintain a good or excellent credit score. However, just meeting these standards doesn’t ensure your application will be accepted, as Discover evaluates each application individually.

Essentially, Discover follows typical eligibility guidelines when issuing credit cards to residents of the United States.

How Can I Apply for the Discover It Balance Transfer Credit Card?

To begin the application process, simply click the “Apply Now” button on Discover’s website.

Next, you will need to confirm your identity by inputting the last four digits of your Social Security Number, your ZIP Code, and your date of birth.

If you wish to apply manually, you can choose to “Skip this Step” and go directly to the application form.

On the form, you will select your card design and fill in personal details such as your full name, address, date of birth, employment status, monthly housing payments, income, and email address.

Once you’ve submitted your details, the bank will thoroughly review your application.

During the application process, Discover may ask for additional documents, including a copy of your driver’s license or passport, proof of your address, and bank statements for verifying your income.

Additional Information

This card is versatile, supporting chip, contactless, and digital wallet payments.

Discover offers a variety of card designs, with nearly twenty options to personalize the card to your liking.

Consequently, the Discover card is an appealing choice for balance transfers and everyday spending.

Recently, this card has provided cashback benefits of 1% on all purchases and up to 5% on certain qualifying purchases, as per the Discover It rewards system.

Currently, it’s important to verify the terms when signing the card contract, as the company has been updating some of its policies.

This card offers $0 liability for unauthorized charges and provides continuous monitoring of your account.

Its purpose is to protect clients from any data breaches or information theft.

Interested in exploring another option?

The Discover It card is quite straightforward, but if you’re seeking a richer experience, the American Express Platinum is an excellent choice.

The classic Amex offers 150,000 Membership Rewards points and 5x points for airfare expenses, and you can check how to apply.

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