Discover® Motiva Card
- Editor’s Pick: Balance Transfers (Tie) - We love that when you transfer a balance to the Motiva(SM) Card, you won’t just get a great 3.9% rate on balance transfers for 12 months, but even better, twice a year you are eligible to get a pay-on-time bonus equal to one month’s interest. You also get:
» 5-20% Cashback Bonus at top retailers through Discover’s exclusive online shopping site
» Up to 1% Cashback on all other purchases automatically
» More ways to earn cash than anyone else
» Unlimited cash rewards
» Increase, even double, your rewards when you redeem for gift cards from 80+ Partners
» Intro APR is 3.99% for 12 months on balance transfers and 3.99% for 6 months on purchases
Intro Regular APR Fee
Good
3.9% for 12 Mos*
10.99%
None
The Discover® Motiva credit card is truly unique among American credit cards in that its rewards structure is based on finance charge rebates.
The interest rebates, combined with an aggressive introductory balance transfer offer (3.99% for 12 months), make it an excellent card choice for borrowers looking to pay off an existing credit card debt as inexpensively as possible.
For example, a borrower with a $5,000 credit card balance on a credit card with an 18% APR making minimum payments would save $650 a year by transferring a balance to the Motiva Card, and that’s before the interest rebates.
The Motiva Card gives card members one month of no finance charges for every six months the card member makes on-time payments. This could bring the first-year savings on a $5,000 credit card balance to approximately $690.
In addition to Motva’s unique rewards program, our reviews of Discover’s customer-service, online account management, and fraud prevention and security measures have been excellent.
Acceptance Rate
The Discover® Motiva Card is selective, however, applicants with average credit scores may be approved. Applicants with below-average credit cards will most likely not be approved.
Applicants with FICO credit scores above 700 are usually accepted; applicants with FICO credit scores between 650 and 700 may be accepted depending on your credit usage, history, and income. Don’t know your score? Get it free now.
Applicants with FICO credit scores below 640 may only be accepted if you have a high income and low credit utilization and your recent credit history shows substantial improvement.
Apply for a Discover Motiva Card Now »
Customer Reviews
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