As you begin searching for a low interest credit card, you will find that some issuers stand out more than others do. The first Discover credit card was introduced in 1985 by Sears, later to be associated with Dean Witter, as well as Morgan Stanley. However, in 2007, Discover Financial Services became an independent company. Today, the various types of Discover credit cards are issued primarily within the United States, with most being issued through the Discover Bank. In addition to incredible credit card offerings, Discover also provides Discover debit cards that work with the Pulse system for payments and cash withdrawals.
You need to know about the withdrawing and depositing of the money at the account. The learning of the credit card services is possible with choosing of the Credit Repair Companies to have the desired results. A pleasant experience is available for the individuals.
Discover now has a full spectrum of credit cards but one that is considered among the best for low interest is called Escape by Discover Card. In addition to the competitive Annual Percentage Rate, the card also boasts an exceptional rewards program. For instance, once approved as a cardholder, you would receive 25,000 bonus miles, along with an additional 1,000 every month in which the card is used to make a purchase for the first 25 months. In addition to this, you would earn two miles for every $1 spent and the miles earned have no limitation or expiration date.
With the accumulated points, you could use them for discounts on airline travel, rental cars, hotel accommodations, all without blackout dates. However, in addition to this, you could use the miles for other travel options, as well as gift cards and merchandise. In fact, if preferred the miles could be redeemed for cash. While the rewards for the Escape by Discover Card is enough to consider it, you would also enjoy other benefits such as enhanced features for travel to include insurance for trip cancellation and travel delay.
For interest on the Escape by Discover credit card, you would have a full six months as an introductory period. During those six months, the Annual Percentage Rate would be set at 0%, after which time the APR would change to a variable rate of 10.99%. In addition to the introductory interest rate applying for all purchases, it would also apply to balance transfers. Although people with good credit are invited to apply for this particular Discover credit card, the interest rate offered would be lower for those with excellent credit.
For fees, a $60 annual fee is charged, which is higher than what some of the other low-interest rate credit cards offer. However, other fees are low such as the foreign transaction fee of just 2%, the late fee up to $35, the balance transfer fee of 3%, and the cash advance fee of 5%. Then for over-the-limit spending, fees have been waived. As you can see, between the unlimited and no expiration miles and low Annual Percentage Rate, the Escape by Discover credit card is an excellent consideration.