Discover it® Chrome
The Discover it® Chrome card combines the benefits of a cash back card and balance transfer card all in one small, powerful package. Its top perks include:
- 0% intro APR for a whopping 18 months on balance transfers. 18.49% - 27.49% Variable APR applies after intro period expires.
- 0% intro APR for 6 months on purchases. 18.49% - 27.49% Variable APR applies after intro period expires.
- 2% cash back at gas stations and restaurants, on up to $1,000 in combined purchases each quarter.
- Unlimited 1% cash back on all other purchases.
- Discover will automatically match all the cash back new cardholders have earned at the end of the first year.
- $0 annual fee
- Click APPLY NOW to apply today
So what can this actually add up to in the real world? We calculate that cardholders can save $1,863 in interest alone when paying off $10,000 of debt (learn more below). Not a bad return on investment for the 2-minute application process!
Cash Back Match
Discover it® Chrome
4.50 out of 5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor4.50 out of 5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = PoorOffer Alert
Discover will match all the cash back you’ve earned at the end of your first year.
Intro APR
Purchases: 0%, 6 months
Balance Transfers: 0%, 18 months
Regular APR
18.49% - 27.49% Variable APR
Rewards 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically
1% - 2% Cashback
Annual Fee
$0
Welcome Offer
Discover will match all the cash back you’ve earned at the end of your first year.
- 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.
- 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.
One thing we should note: it’s not uncommon to see credit card companies adjust the benefits on cards over time. While we don’t know if that’ll happen here, if you’re interested in the card we do recommend using this link to apply today to make sure you don’t miss out on all of this card’s perks.
7 reasons to apply today
0% intro APR: This card offers a 0% introductory APR lasting 18 months on balance transfers. That's one of the longest intro periods you'll find, even among the best balance transfer cards. If you're currently dealing with high-interest debt, such as credit card debt, the Discover it® Chrome gives you plenty of time to pay it down interest free during the intro period. This card also offers a 0% introductory APR on purchases for 6 months. The go-to rate of 18.49% - 27.49% Variable APR Variable APR applies after the 0% intro APR periods expire.
Unlimited Cashback Match sign-up bonus: Discover will match all the cash back you’ve earned at the end of your first year. This sign-up bonus is only available during the first year and for new cardholders, but it can be particularly lucrative since the match is unlimited. If you earn $300 in cash back, you'll get another $300 from Discover.
Up to 2% cash back: The Discover it® Chrome earns:
- A 2% Cashback Bonus® at gas stations and restaurants, on up to $1,000 in combined purchases each quarter in these categories
- Unlimited 1% back on other purchases
$0 annual fee: Credit cards packed with valuable features tend to charge high fees or APRs. This card balances this relationship well and doesn’t charge an annual fee, making it a fit for cardholders with modest credit needs, who won’t see their rewards get wiped out by an annual fee.
No foreign transaction fee: You don't need to worry about paying extra when you travel abroad. The Discover it® Chrome doesn't charge a foreign transaction fee. Many credit cards charge 3% for international transactions.
FICO® Score for free: Your FICO® Score can easily be accessed through Discover's web or app, or in every one of your monthly statements. Besides the score, users can see details about the five factors that impact it.
No cash back redemption minimum: You can redeem cash back at any time and for any amount. Your cash back also never expires as long as your credit card remains open.
How to save $1,863 on interest charges
A long balance transfer offer can help you chip away at debt balances as you pocket some savings while avoiding interest charges. Here's a comparison of how you could save $1,863 of interest charges by putting your finances first and paying off transferred debt or purchase balances during the 0% intro APR period of 18 months, versus paying off balances at a 19% APR*:
| DEBT BALANCE SCENARIO | MONTHLY PAYMENT | APR FOR BALANCE TRANSFERS | INTEREST CHARGES | MONTHS TO PAY OFF |
|---|---|---|---|---|
| $10,000, promo APR | $556 | 0% | $0 | 18 |
| $10,000, no promo APR | $556 | 19% on all balances | $1,863 | 22 |
*Actual card APR may vary from 19%.
Keep in mind that this card does charge you to transfer a balance. There's a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*. Which means, in the debt balance scenario above, you would have an extra $300 or $500 to pay off on your balance -- depending on when you made the transfer. So, while you would save $1,863 in interest charges, your total savings with a balance transfer would be $1,563 or $1,363 depending on the timing of the transfer.
To get the most value out of this card, it is best to make any balance transfers during the intro fee period so that you have a lower balance transfer fee to pay.
Suggested credit score
A FICO® Score of at least 670 is recommended to apply for the Discover it® Chrome. It's a credit card for consumers with good to excellent credit.
Improve your credit score in one month?
Using the card’s 0% APR for balance transfers can help you avoid interest charges and even improve your credit score fast. That's because your credit utilization (your debt divided by available credit) counts for 30% of your FICO® Score. Paying down debt can improve your score fast since those debt balances are reported monthly to determine your credit utilization and score.
This credit card could be right for you if:
With its recent upgrade, Discover it® Chrome could be a great fit for just about anyone. In particular, it’s a great choice if any of the following are true:
- You want a 0% intro APR to finance purchases or consolidate credit card debt.
- You're looking for a Discover card with bonus gas and dining rewards.
- You're looking for a lucrative welcome bonus without having to spend that much to get it.
Our Credit Cards Experts
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