Another day and another credit card offer arrives in the mail. This one came from Discover and included the application url www.mydiscovercard.com. This offer was pretty good, as I find Discover offers to be some of the best balance transfer credit card deals on the market. ( You can review all 0% Discover balance transfer offers in that section of Smart Balance Transfers.)

Like many of the other mail offers I’ve recently written about, the www.mydiscovercard.com offer provided a 0% interest rate on balance transfers and purchases for 1 year, followed by an APR of as little as 10.99%. While this offer did have a 3% balance transfer fee, the maximum was the greater of 3% or $75. However, the bulk of this fee was offset by an offer to get $40 cashback if you spent $500 in the next three months.

What I like about the www.mydiscovercard.com offer, even though it charges a balance transfer fee, is that it offers a 0% APR on purchases and balance transfer for a full year. This option enables people to take an interest holiday and put the money that would have otherwise gone to the credit card company towards paying down existing debt.

Overall, I rate the www.mydiscovercard.com offer very highly. However, before applying on that website, you can compare all Discover credit cards on this website, choose the one you like best and apply online for fast approval.