Our illustration, not the card’s design
Discover credit card
Discover it Balance Transfer Credit Card
No annual fee. Purchase APR 17.74–26.74%, variable.
Checked Nov 1, 2026Updated
- Annual fee
- Receipt · Annual feeChecked Nov 1, 2026
Issuer's page · discover.com
The source states this figure; we have no exact sentence on file yet.
- Purchase APR · variable
- Receipt · Purchase APRChecked Nov 1, 2026
Issuer's page · discover.com
“For 18 months on balance transfers and 6 months on purchases; 17.74% to 26.74% variable APR after that; Balance Transfer Fee applies.”
Select an underlined figure to see where it comes from.
In dollars
What it’s worth
Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.
| Spending | Value against the fee | First year | After |
|---|---|---|---|
| Light spender | $120 | $120 | |
| Typical spender | $300 | $300 | |
| Heavy spender | $660 | $660 |
The spending each assumes, and what isn’t counted
- Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month
$120a year
The same in the first year and after.
The spending this assumes
A month: groceries $300, dining $100, gas $100, everything else $500.
$300a year
The same in the first year and after.
The spending this assumes
A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250.
$660a year
The same in the first year and after.
The spending this assumes
A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500.
Use your own spending
Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards
Against the market
How it compares
Worth more to a typical spender than about 70% of the 732 cards we track.
- No annual fee, like about 85% of the 711 cards we track.
- Lower top APR than about 50% of the 651 cards we track.
Other cash back cards with no annual fee
- Citizens Summit World MastercardCitizens · No annual fee+$310 a year
- Wells Fargo Cash Back Credit CardWells Fargo · No annual fee+$300 a year
- Credit One Bank Omni RewardsCredit One · No annual fee+$300 a year
Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
Rewards
How you earn
- 5%
- 5% cash back on everyday purchases at different places you shop each quarter, up to the quarterly maximum when you activate
- 1%
- Everything else
Cash back, as a share of each purchase.
Benefits
- Other
Every figure with its receipt
Rates and fees
| Annual fee | Receipt · Annual feeChecked Nov 1, 2026 Issuer's page · discover.com The source states this figure; we have no exact sentence on file yet. |
|---|---|
| Purchase APR | Receipt · Purchase APRChecked Nov 1, 2026 Issuer's page · discover.com “For 18 months on balance transfers and 6 months on purchases; 17.74% to 26.74% variable APR after that; Balance Transfer Fee applies.” |
| Intro APR | Receipt · Intro APRChecked Nov 1, 2026 Issuer's page · discover.com “0% Intro APR” |
| Balance transfer APR | Receipt · Balance transfer APRChecked Nov 1, 2026 Issuer's page · discover.com “0% intro APR for 18 months on balance transfers and 6 months on purchases; 17.74% to 26.74% variable APR after that; Balance Transfer Fee applies.” |
Before you apply
- What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
- Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)
Questions
- What is the annual fee?
- No annual fee · discover.com, since Nov 1, 2026
- What is the purchase APR?
- 17.74–26.74% APR · discover.com, since Nov 1, 2026
- Is there an intro APR?
- 0% for 6 months. · discover.com, since Nov 1, 2026