Discover It Chrome Card Interest Rate Features and Fees

The Discover it Chrome Card offers a competitive interest rate, with a 0% intro APR for 14 months on purchases and balance transfers. This means you won't have to pay interest on your balance for the first 14 months, which can help you save money and pay off your debt faster.

The regular APR for this card is 13.99% - 23.99% Variable, which is relatively low compared to other credit cards. This means you'll pay a lower interest rate on your balance after the intro period ends, which can help you manage your debt.

The Discover it Chrome Card also has no annual fee, which is a great perk for anyone who wants to avoid paying extra fees on their credit card. This can help you save money and keep more of your hard-earned cash in your wallet.

Related reading: Discover Card Balance Transfer Limit

The Discover it Chrome card has a 15-month 0% introductory APR on purchases and balance transfers.

You have 15 months to enjoy this zero-interest rate, but you must make qualifying balance transfers by the 10th day of the third month after opening your account.

Qualifying balance transfers must be made by the 10th day of the third month account opening, so mark your calendar to take advantage of this promotion.

The Discover it Chrome card offers a cash back program, but we'll get into the details of that later.

The cash back program is a key feature of the Discover it Chrome card, but we'll dive into the specifics soon.

Consider reading: Discover Card Cash at Checkout

Discover it Chrome has no annual fee or foreign transaction fee, which is a relief for frequent travelers or those who like to shop online from abroad. This can save you money compared to other cards that charge these fees.

Balance transfers always cost a flat 3% of the transferred amount, so be mindful of that when moving debt from one card to another. This fee can add up quickly if you're transferring a large sum.

Late and returned payments cost $35, so make sure to pay your bill on time and avoid any unnecessary charges.

Explore further: Why Are Interest Rates so High on Credit Cards

Some credit cards are more forgiving than others when it comes to missed payments. The Discover it Student Chrome card gives you a nice cushion with no penalty fee for the first missed payment.

With a 0-percent intro APR on new purchases for the first six months, you can practice paying your bills without worrying about interest charges. This can be a huge relief, especially for new cardholders.

Some cards will hit you with an APR of up to 30 percent for missing a payment, which can really hurt if you end up carrying a balance. This is why it's essential to find a card with a reasonable penalty APR, like the Discover it Student Chrome card, which doesn't have a penalty APR.

On a similar theme: Opinions on Discover It Chrome for Students Credit Card

When you're considering a credit card, it's essential to understand the fees associated with it. The Discover it Chrome has no annual fee or foreign transaction fee, which can save you a significant amount of money.

Recommended read: Foreign Transaction Fee Discover It Card

Balance transfers on this card always cost a flat 3% of the transferred amount, so be sure to factor that into your decision. This fee can add up quickly, so it's crucial to consider it when transferring balances.

Late payments on the Discover it Chrome cost $35, which is a relatively standard fee. It's essential to make timely payments to avoid this fee and any potential damage to your credit score.

The Discover it Chrome card has some amazing benefits that set it apart from other credit cards. One of the most unique features is the 0% APR intro promotion, which is one of the best in the cash back category.

The cash back program is also a key benefit, but we'll dive deeper into that later. The first-year Cashback Match bonus is a great incentive to start using the card.

You can earn cash back rewards with the Discover it Chrome card, but the details of the program are still to be explored.

Intriguing read: Discover Card Hardship Program