Our Verdict. The Discover it® Cash Back credit card is a good (but not great) cash-back card. Its customer service and first-year cash-back match stand out as its best features. The capped, rotating cash-back categories of its bonus rewards, however, make it a second-tier rewards card.
Reasons Discover is a Good Credit Card Company:
Discover has cards for people of all credit levels, from bad to excellent. Discover cards do not charge annual fees or foreign transaction fees. All Discover cards match your first year's rewards. Discover has highly regarded customer service.
Discovery learning can be time-consuming. Students learn at different paces, and professors have limited time to address certain learning objectives.
All Discover cardmembers are protected with our $0 Fraud Liability Guarantee, which means you're never responsible for unauthorized purchases on your Discover Card account.
Common benefits include: No annual fee: Every tier of Discover credit card comes with no annual fee. First-year unlimited cash-back match: Discover will match all rewards earned in a cardholder's first 12 billing cycles. $0 fraud liability: Discover guarantees cardholders are not responsible for unauthorized purchases.
There are many reasons why your credit card may be declined. Some reasons a credit card issuer may decline transactions are that they go over your credit limit, or the purchase is in a location where you don't normally shop.
Due to its more specific, affluent target audience Discover also charges higher merchant credit card processing fees, which may explain why some businesses “opt out” or “opt in” to accepting it at their cash registers.
If you don't activate a credit card within a certain timeframe and don't use it, your account may be closed automatically and be reported as 'closed by credit grantor', which could have a negative impact on your credit.
If you want to get a Discover® credit card, you may be wondering how hard it is to get approved. Your credit score plays an important role here. The best Discover credit cards are aimed at consumers with FICO® Scores of 670 or above. If you have good or excellent credit, that helps quite a bit.
It's generally recommended that you have two to three credit card accounts at a time, in addition to other types of credit. Remember that your total available credit and your debt to credit ratio can impact your credit scores. If you have more than three credit cards, it may be hard to keep track of monthly payments.
While Discover cards offer basic benefits such as free access to your FICO credit score and zero fraud liability, Visa cards have more to offer, especially for travel purchases. There are three different levels of Visa card benefits (Visa Traditional, Visa Signature and Visa Infinite).
Discover card acceptance in the United States
The biggest exception is Costco, which is a Visa-exclusive business.
And over 30 years later, Discover Cards are now accepted at 99% of places that take credit cards nationwide. So, it's easy to earn Discover rewards when you shop in stores or online, pay bills, order food, and so much more.
Bottom Line. If you don't use a particular credit card, you won't see an impact on your credit score as long as the card stays open. But the consequences to inactive credit card accounts could have an unwanted effect if the bank decides to close your card.
Canceling a credit card can affect your credit score by lowering your total amount of available credit, impacting your credit utilization ratio, and decreasing the average age of your accounts.
Key takeaways: Closing a credit card can hurt your scores because it lowers your available credit and can lead to a higher credit utilization, meaning the gap between your spending and the amount of credit you can borrow narrows. Canceling a card can also decrease the average age of your accounts.
Amazon Pay accepts credit and debit cards. Credit cards currently accepted include Visa, Mastercard, Discover, American Express, Diners Club, and JCB. The Amazon.com store card is available for use with selected merchants. In some circumstances, you might be limited to using Visa and Mastercard credit cards.
Credit & Debit Charges
You can register Visa, MasterCard, American Express and Discover cards in the app. Payment cards registered must be issued by a U.S. bank.
Walmart accepts most major credit cards, including Visa, Mastercard, American Express, and Discover. In addition to accepting external credit cards, Walmart also offers its own store credit card called the Walmart Credit Card.
There are many reasons why businesses don't accept Discover cards. Some of the most common ones include high fees and rates, as well as problems with customer service when it comes time to make purchases or withdrawals from your account balance online (you're probably better off going in person).
Discover Financial's odds of distress is under 26% at this time. It has slight probability of undergoing some form of financial hardship in the near future.
You can request a credit limit increase on your Discover Card by logging into the Discover Account Center, selecting “Card Services” and then “Credit Line Increase.” Or on your Discover Mobile app, select “Services” and then “Credit Line Increase.”