The Discover it® chrome was designed for consumers whose biggest areas of spending are gas stations and restaurants and can make good use of the 0% intro offer on purchases and balance transfers.
Discover cards all offer their own twist on a welcome bonus as well: You’ll automatically get an unlimited dollar-for-dollar match of all the cash back you earned at the end of your first year as a cardholder. Depending on how much you spend, this can be much more valuable than a traditional welcome bonus.
Annual Fee: $0
Intro APR Offer: Get a 0% introductory APR for 15 months on purchases and eligible balance transfers. Then, a standard rate of 12.24% - 23.24% variable applies. A balance transfer fee of up to 5% of the amount transferred applies.
Balance Transfer Fee: 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*
Other Drawbacks and Benefits: If you typically spend more than $1,000 per quarter on gas and dining, the rewards structure of this card might be too limiting for you. The 1% earnings on all other purchases can be easily bested by other rewards cards.
Read our full review of the Discover it® chrome.