The Discover card was born in 1985 and set about disrupting the credit card industry by offering no annual fee and higher credit limits than other cards. But perhaps the reason we should thank Discover is for innovating cashback bonuses on purchases, which many cards have emulated since.
If you’re new to the world of credit cards, you may not realize how many different types of cards are available. And some companies, including Discover, have a card to suit many situations. Maybe you’re a student trying to get your first card and build credit. Or a world traveler wanting to rack up points. Maybe you just want something simple with no frills or fees or you’re swamped in debt and trying to find the best way to pay it off. Here’s a look at the different cards Discover has to offer, and what you’ll get with each card.
Discover’s cashback cards offer low intro rates, cashback match, and FICO credit score for free. You also receive other perks, such as 100% US-based customer service, fraud protection, and rewards never expire. Take a look and see which one fits your needs.
Turn your miles into memories with Discover it Miles. Discover offers only one travel reward card, but it has good deals. You’ll appreciate the unlimited miles, bonus match, and flexibility. The best part of Discover’s travel card is you can use it to pay for any travel purchase, such as airlines, hotels, and rental cards. Just pay for your travel expenses with your card and then redeem your miles for a statement credit.
Discover’s student credit cards offer extra perks that students will appreciate. These include extra rewards for good grades and the option to freeze your account in seconds.
Discover offers one secured credit card. This is a card similar to a bank debit card because you need to have the money on hand before you spend it. However, this type of card can help you build a credit history or repair a bad credit history because, unlike a bank card, a secured card reports to the three major credit bureaus.
For this card, you apply and provide a deposit. If you supply $200, for example, you’ll have a $200 line of credit.
Discover offers cards for a variety of needs. Now all you need to do is decide which one will work best for you. For a detailed look at more personal credit cards, visit Supermoney’s list of cards.
Heather Skyler writes about business, finance, family life and more. Her work has appeared in numerous publications, including the New York Times, Newsweek, Catapult, The Rumpus, BizFluent, Career Trend and more. She lives in Athens, Georgia with her husband, son, and daughter.