Discover Gold Card

Gold card from discover is easy to obtain and use. The cards are for those who have good credit history and who are looking for a cash back offers. The card is launched by Morgan Stanly.

Gold credit cards give to their customers more benefits and savings. These cards offer rewards which are not offered with other type of cards. These cards in fact offer rewards to their loyal customers. These cards offer their loyal customers security against identity theft and offer travel and rental insurance to their customers.

The annual fee for gold credit cards is very low or absent. Other benefits include road assistance service for the credit card holder and his/ her family. Discover gold card offer cash back bonus programs. Under this scheme the card holders earns rebate for different purchase which they make.

If they make a purchase of up to $1500 then they earn a rebate of .25%. And if they make a purchase of $1501 to $3000 then they earn a rebate of 0.5%. These rebates are offered if you purchase from certain qualified merchants and warehouses. If you accept for the cash back bonus then you can earn a rebate of five percent, if you purchase items from the merchants and discount stores that qualify.

The cash back is redeemable in increments of twenty dollars and the card gives you an unlimited earning.

Double cash back bonus programs are also designed for the users of Discover gold card. Discover also offers different types of credit cards. These cards are so designed so as to suit the lifestyle of different groups of individuals. Therefore, if you consider buying a Discover credit card then first know your lifestyle. If you are a frequent traveler then choose the card that fits your needs.

Discover Gold card comes with zero percent APR applicable for twelve months and very low or zero annual fees. This is for both purchase and balance transfers during a period of twelve months. Discover gold card has an attractive APR. The APR is variable and stands at 10.99% on purchase. For cash advances it remains fix at 21.99%. The grace period offered is also another attractive feature which is twenty five days without any fees.

The only disadvantage that the card holds is of two cycle average daily balance method of calculation for finance charges. This result in higher charges and the credit card will thus cost you more under the condition of balance you carry on your card.

But with unlimited rewards, 24x 7 online account and help service available and cash back offers, this card is one of the best types you can have.