Discover it® Balance Transfer
Basic Information
Program ID: discover-it-balance-transfer
Issuer: Discover
Card Type: Credit
Network: Discover
Card Tier: Standard
Data Complete: Yes
Created: 01/07/2026 18:13
Last Scraped: 01/15/2026 07:51
Fee Structure
| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 0.00% |
Additional Fees
| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | 3% of the amount of each transfer |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater |
| Foreign Transaction: | 0.00% |
Interest Rates
Purchase APR Range: 1,724.00% - 2,824.00%
Intro Purchase APR: 0.00%
Intro APR Duration: 6 months
Balance Transfer APR: 1,724.00%
Intro BT APR: 0.00%
Intro BT Duration: 18 months
Cash Advance APR: 2,999.00%
Sign-Up Bonus
Bonus Amount: $0.00
Spending Requirement: $0.00
Time Period: 360 days
Bonus Timing: The welcome offer is an UNLIMITED Cashback Match. Discover will automatically match all the cash back you've earned at the end of your first year. The matched cashback is typically applied to your account approximately 12 months after account opening.
Rewards Program
Reward Type: Cash Back
Base Reward Rate: 1.00%
Bonus Reward Rate: 5.00%
Bonus Categories: Quarterly rotating categories (e.g., Gas Stations, Restaurants, Digital Wallets, Grocery Stores, Amazon.com, Target, PayPal). Specific categories for 2026 are not yet announced.
Point Value Estimate: 0.0100 cents/point
Expiration Policy: Cash back bonus does not expire as long as your account is active.
Transfer Partners: None
Card Benefits
Protection Benefits
- Extended Warranty
- Purchase Protection
- Cell Phone Protection
- Price Protection
Travel Benefits
- Travel Insurance
- Primary Rental Protection
- Trip Delay Coverage
- Lost Luggage Coverage
- No Foreign Transaction Fees
Premium Benefits
- Airport Lounge Access
- Concierge Service
Approval Criteria
Recommended FICO Range: 670 - 850
Approval Odds Category: Good
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: The Discover it Balance Transfer card for 2026 is expected to offer an introductory 0% APR period on balance transfers and new purchases for a set duration (typically 15-18 months), followed by a variable APR. A balance transfer fee (e.g., 3-5%) usually applies. Eligibility requires good to excellent credit (FICO 670+), a stable income, and being a U.S. resident aged 18 or older. Applicants generally cannot have opened or closed a Discover it Balance Transfer card recently (e.g., within the last 12-24 months) to qualify for a new introductory offer. Existing Discover cardholders may not be eligible for new intro APR offers on this specific product if they already hold a similar Discover it card. Discover typically enforces a 'one personal card at a time' rule for new applications of the same product type to receive new introductory benefits.
Maximum Cards Per Issuer: 1
Minimum Spend Interval: N/A - The primary benefit is an introductory APR on balance transfers and purchases, not a spend-based bonus.
Shutdown Risk Triggers: Manufactured spending (less common for balance transfer cards but still a general risk), high cumulative credit limit across Discover products, rapid application for multiple Discover cards, abuse of introductory APR periods (e.g., serial balance transfers without significant principal reduction), late payments, defaulting on any Discover product, suspicious account activity, or providing inaccurate application information.
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 4.2 / 5.0
Top Positive Feedback:
Excellent 0% intro APR for balance transfers and purchases, strong cash back rewards with rotating categories and cash back match, no annual fee, good for building credit.
Top Negative Feedback:
Rotating categories require activation and tracking, Discover acceptance can be lower internationally compared to Visa/Mastercard, credit limits can be lower for new users.
Approval Experience Score: 80.0 / 100
Recommended Alternatives
- Chase Freedom Flex
- Citi Double Cash Card
- Wells Fargo Reflect
Card Value Score: 85.0 / 100
Est. Annual Rewards: $350.00
User Portfolio Metrics
Avg Portfolio Size: 3 cards
Avg Portfolio Age: 60 months
Store vs Co-brand: 100% General / 0% Store
Risk Assessment
Default Risk Group: Medium
Predicted Approval Probability: 75.0%
Terms Version Control
Version ID: v1.0
Last Updated: 07/30/2024 00:00