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Balance transfer credit cards are a great tool that can help you pay off high-interest debt faster. FinanceBuzz's credit card experts reviewed dozens of cards with 0% intro offers, and the Discover it® Chrome credit card is one of our favorites for its extra-long no interest period and $0 annual fee.
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What you need to know:
The Discover it® Chrome(Rates and fees) stands out from other intro APR cards as it offers an excellent introductory rate on balance transfers and the ability to earn cash back. It’s hard to find another option that offers so much value with no annual fee.
- Wipe out high interest rates! Enjoy a 0% intro APR on balance transfers for 18 months.
- After the intro period for balance transfers, the APR is 18.49% - 27.49% Variable *Rates as of December 12, 2024.
- Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.
- Discover will match all the cash back you’ve earned at the end of your first year.
- $0 annual fee.
What we like about the Discover it® Chrome card
Where this card really shines is its generous 0% introductory APR period for balance transfers for 18 months, then 18.49% - 27.49% Variable *Rates as of December 12, 2024. It's one of the longest introductory interest-free periods available. If you don’t have credit card debt but know you have a big upcoming expense, the Discover it® Chrome card can also help you save money. That’s because purchases also have a 0% intro APR period for 6 months, then 18.49% - 27.49% Variable *Rates as of December 12, 2024.
More benefits and perks
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Generous cash back match offer: Discover will match all the cash back you’ve earned at the end of your first year.
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Powerful cash back rate: Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.
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Late fee forgiveness: With the Discover it Chrome, the first time you make a late payment, you don't have to pay a late payment fee. If you miss a subsequent payment, though, you'll pay a fee of up to $41.
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$0 annual fee: There is no annual fee with Discover it Chrome.
- Apply online now
Who is this card best for?
The Discover it® Chrome is great choice for anyone who:
- Has good to excellent credit: The Discover it® Chrome card is appropriate for people who have good-to-excellent credit. A good to excellent FICO credit score is a score of 670 or higher.
- Wants a generous cash back match offer: Discover will match all the cash back you’ve earned at the end of your first year.
- Wants to save money on high-interest debt: It's tough to beat the Discover it® Chrome card's 0% introductory APR period for balance transfers for 18 months, then 18.49% - 27.49% Variable *Rates as of December 12, 2024 APR.
- Needs to pay off a large purchase over time: You can breathe a little easier and give yourself time to pay off your balance before interest kicks in with the 0% intro APR for 6 months on purchases, then 18.49% - 27.49% Variable *Rates as of December 12, 2024 APR.
Is there a better balance transfer card?
The Discover it® Chrome is considered one of the top balance transfer cards available for good reason. With 18 months of 0% intro APR on balance transfers (then 18.49% - 27.49% Variable *Rates as of December 12, 2024), new cardholders have a long time to pay down their balances before interest kicks in. You could pay down some sizable debt with such a lengthy balance transfer period. Plus, there's no annual fee to worry about.
Bottom Line
The Discover it® Chrome(Rates and fees) is a great choice for a balance transfer card. Cardholders can benefit from a generous welcome offer, earn up to 2% cash back, and enjoy an introductory no-interest period on purchases and balance transfers — all with a $0 annual fee.
- Low Intro APR on Balance Transfers and Purchases: Enjoy a 0% introductory APR for 18 months on balance transfers, and 0% introductory APR for 6 months on purchases. After the intro period, the APR is 18.49% - 27.49% Variable *Rates as of December 12, 2024.
- $0 Annual Fee: On top of no annual fees, there are no foreign transaction fees.
- Cash Back Rewards: Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.
- Amazing Welcome Offer: Discover will match all the cash back you’ve earned at the end of your first year.
No Caps on Bonus Rewards: There is no minimum spending threshold and no maximum to the amount of cash back rewards you can earn with the first-year bonus.
» Click here to apply now and pay no interest until 2026 on balance transfers
Benefits
Card Details
- Excellent welcome offer
- Elevated rates in common spending categories
- Useful redemption options
- Apply Now
- INTRO OFFER: Unlimited Cashback Match for all new cardmembers–only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.
- Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.
- Get a 0% intro APR for 18 months on balance transfers. Then 18.49% to 27.49% Standard Variable APR applies, based on credit worthiness. Rates as of December 12, 2024.
- Redeem your rewards for cash at any time.
- Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
- No annual fee.
- Terms and conditions apply.
Intro Offer
Discover will match all the cash back you’ve earned at the end of your first year.
Annual Fee
$0
Why we like it
Frequently Asked Questions
Have questions about no interest credit cards? We've answered the most common ones below to help you choose the right card for you.
If you can pay off your credit card before the promotional period ends, a 0% intro APR credit card can be worth it. Some of these cards might also be able to earn you bonus cash back on certain new purchases. However, a plan to pay off the credit card is important if you want to save money on interest and get rid of your debt faster.
Anyone who qualifies can take advantage of a 0% intro APR offer, so the list of the type of people who can benefit from one is long. However, here are two specific examples in which a 0% intro APR offer can make a significant difference:
- People with crippling credit card debt: If you’re struggling to get ahead on paying down your credit card debt, high interest rates could be part of the problem. If you can qualify for a balance transfer credit card, you can remove interest costs from the equation, at least for a time, while you focus on eliminating your debt.
- People with emergency expenses: If you’ve lost a job, experienced a short-term disability, or dealt with expensive car or home repairs, a 0% intro APR credit card can help you cover the cost of your emergency expenses and give you time to pay for them interest-free.
When your 0% intro APR promotional period ends, your account APR will change to its regular APR, which was set when your account was opened. This may be a variable APR that takes into account your creditworthiness, or it may be a fixed APR. If you pay off your balance in full every month, you’ll continue to be able to use the card interest-free. But if you carry a balance from month to month, you’ll pay interest on that balance.
APR, or annual percentage rate, is a number that expresses how much you’ll pay for borrowing money, including interest, fees, and other charges. An interest rate is how much interest you’re charged for borrowing money. The APR and interest rate for credit cards are basically the same thing, but these rates are typically different for loans.
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Pay no interest on balance transfers into 2026! Simplify your debt and save money on interest. $0 annual fee.