Discover Balance Transfer Offers

Discover balance transfer credit cards provide some of the best 0% APR balance transfer deals. The reason I consider Discover to be a superior company for balance transfers lay in the fact that they are the most transparent credit card company when it comes to special introductory rates. For example, the current trend among most major credit card companies is to offer tiered pricing. With tiered pricing, the credit card company advertises a 0% APR for 1 year, but may only grant approved applicants a 0% rate for as little as 6 months. With Discover balance transfer offers, consumers who are approved are given a 0% rate for the period advertised.

Perhaps more importantly, Discover is one of the few companies that treats its customers well. During 2009, while many major credit card companies were raising rates on cardholders, Discover took the high road and did not impose massive rate increases. They are, in my opinion, the only humane credit card company. Because of that, I consider them to be the best credit card company.

Below you can compare Discover balance transfer offers, including their extremely competitive 18 month balance transfer promotion, and apply online.

Current Discover Balance Transfer Offers

Discover it®

  • 0% intro APR on purchases & balance transfers for 12 months—then a variable purchase APR applies, currently 10.99% – 22.99%. A 3% fee applies to each transferred balance.
  • Exclusive offer: Double all the cash back you’ve earned at the end of your 1st year—automatically.*
  • 5% cash back in categories that change each quarter like gas, restaurants and more—up to the quarterly maximum when you sign up.* 1% cash back on all other purchases.
  • New Freeze It℠ on/off switch lets you prevent new purchases, cash advances & balance transfers on misplaced cards in seconds by mobile app & online.*
  • Free FICO® Credit Score on statements, online & by mobile app.* And 100% U.S.-based service any time.
  • No annual fee. No overlimit fee. No foreign transaction fee. No late fee on first late payment & paying late won’t raise your APR.*
  • Each Discover purchase is monitored. If it’s unusual, you’re alerted by e-mail, phone or text and never responsible for unauthorized purchases on your Discover card.
  • *See rates, rewards, free FICO® Credit Score terms & other info by clicking “Apply.”

Purchases Intro: 0% for 12 months*

Balance Transfers Intro: 0% for 12 months*

Regular APR: 10.99% – 22.99% Variable*

Annual Fee: $0

Credit Needed: Excellent Credit

Discover it®

  • 0% intro APR on balance transfers for 18 months—then a variable purchase APR applies, currently 10.99% – 22.99%. A 3% fee applies to each transferred balance.
  • Exclusive offer: Double all the cash back you’ve earned at the end of your 1st year—automatically.*
  • 5% cash back in categories that change each quarter like gas, restaurants and more—up to the quarterly maximum when you sign up.* 1% cash back on all other purchases.
  • New Freeze It℠ on/off switch lets you prevent new purchases, cash advances & balance transfers on misplaced cards in seconds by mobile app & online.*
  • Free FICO® Credit Score on statements, online & by mobile app.* And 100% U.S.-based service any time.
  • No annual fee. No overlimit fee. No foreign transaction fee. No late fee on first late payment & paying late won’t raise your APR.*
  • Each Discover purchase is monitored. If it’s unusual, you’re alerted by e-mail, phone or text and never responsible for unauthorized purchases on your Discover card.
  • *See rates, rewards, free FICO® Credit Score terms & other info by clicking “Apply.”

Purchases Intro: 0% for 6 months*

Balance Transfers Intro: 0% for 18 months*

Regular APR: 10.99% – 22.99% Variable*

Annual Fee: $0

Credit Needed: Excellent Credit

Discover it® Miles

  • No annual fee & unlimited 1.5x Miles on every dollar you spend on purchases. 0% intro APR on purchases for 12 months—then a variable purchase APR applies, currently 10.99% – 22.99%.
  • Exclusive Double Miles Offer: At the end of your first year—when other Miles cards charge an annual fee—Discover doubles all the Miles you’ve earned.*
  • 100 Miles = $1 value. Redeem Miles in any amount toward travel purchases on your statement. Or get cash as a direct deposit to your bank account.*
  • Discover pays you back for your in-flight Wi-Fi fees—up to $30 a year—with an automatic statement credit.*
  • New Freeze It℠ on/off switch lets you prevent new purchases, cash advances & balance transfers on misplaced cards in seconds by mobile app & online.*
  • Free FICO® Credit Score on statements, online & by mobile app.* And 100% U.S.-based service any time.
  • Free overnight shipping of replacement cards to any U.S. street address at your request. And you’re never responsible for unauthorized purchases on your Discover card.*
  • *See rates, rewards, free FICO® Credit Score terms and other info by clicking “Apply Now.” See complete Discover it® Miles details.

Purchases Intro: 0% for 12 months*

Balance Transfers Intro: 10.99% for 12 months*

Regular APR: 10.99% – 22.99% Variable*

Annual Fee: $0

Credit Needed: Excellent Credit

About Discover Balance Transfers

Discover Card balance transfer offers aren’t always the longest 0% APR balance transfer deals and sometimes they charge slightly higher balance transfer fees than other companies. However, while most credit card companies were raising interest rates on customers during the credit crisis, Discover largely refrained.

A key reason why Discover balance transfers are among the best overall 0% balance transfer offers for customers is how well they treat their cardholders in the long run. In the past, it was easy to bounce from one balance transfer credit card to another when 0% interest rates expired. Since the credit crisis, credit card companies have pulled back on balance transfer offers and made it more difficult to get approved. Thus, the next balance transfer you do may be the last one you have the chance of doing for some time.

Because of this, it is important to choose a good credit card company when you select a balance transfer card, not just the longest 0% rate. Discover balance transfers are very competitive with other offers, but in the long run, their customer service and history of treating customers well makes them a better option for people who know they will need a few years to pay down their credit card bills. Since 2007, I have been strongly recommending Discover, and no one comes back to complain about Discover balance transfer offers. I can’t say that about other credit card companies.

Citi Balance Transfers | Discover Balance Transfers | Chase Balance Transfers | Mastercard Balance Transfers

*Important Disclaimer: See credit card applications for complete terms and conditions. While Smart Balance Transfers makes reasonable efforts to maintain accurate information, all credit card information is presented without warranty. When you click an “Apply” button, you can review the credit card terms and conditions on the issuing company’s website.

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