Discover It Balance – How to apply

By Raquel Oliveira • 03/20/2025

Discover Balance Transfer 0 percent introductory APR for 15 month.

The Discover It Balance card is a smart choice for individuals seeking to manage debt efficiently while avoiding high-interest charges. It features a 0% introductory APR for 15 months on both balance transfers and purchases.

This makes it particularly useful for those juggling multiple credit card balances. By transferring outstanding balances, users can simplify payments and focus on reducing overall debt without accumulating additional interest.

Beyond its financial benefits, the card provides digital account management, fraud protection, and dedicated customer support. These features ensure convenience, flexibility, and security for everyday transactions and long-term financial planning.

For those looking to transfer a balance or make a large purchase without immediate interest charges, this card offers a practical and cost-effective solution. Read on to explore its key features, benefits, and application process.

How does the Discover Balance work?

The Discover Balance It works in a very simple way, being an excellent choice for those who want to transfer debts from other cards to one place, with the advantage of paying 0% APR (annual interest rate) for 18 months. 

During this initial period, you can transfer balances from other cards and concentrate your payments on a single account, which makes debt management easier. 

In addition to balance transfers, Discover Balance offers rewards in the form of cashback, which makes it a good card for those who want to accumulate benefits while paying off their debts. 

Cashback varies depending on purchases made and the rewards program is an additional advantage as it allows you to earn cash back on your daily purchases.

Main Benefits of the Card Discover It

• 0 percent introductory APR for 15 months on balance transfers and purchases, allowing users to pay off debt without accumulating interest.
• Simple debt consolidation, helping users combine multiple balances into a single manageable payment.
• No annual fee, making it an affordable long-term option for those looking to reduce interest expenses.
• Access to Discover’s online and mobile account management tools, offering full control over payments and spending.
• Fraud protection and security features to safeguard users against unauthorized transactions.

Cons of Discover Balance

The main downside associated with this card is the balance transfer fee, which ranges from 3% to 5%. Although this fee is quite common on balance transfer cards, it can impact those with a large balance to transfer, increasing the total amount of debt initially.

Another point to note is that the 5% cashback is only available in rotating categories, which change every quarter. This means that you need to pay attention to the categories to make the most of the benefit. 

And for those who don’t keep up with these changes or can’t adapt to the categories, cashback may be limited, as purchases that don’t fit into specific categories will only yield 1% cashback.

APR and Fees

The Discover It Balance card offers an attractive introductory APR period for those looking to manage debt, but users should be aware of the fees and regular interest rates that apply after the promotion ends.

• 0 percent APR for 15 months on balance transfers and purchases.
• Variable APR of 18.49 percent to 27.49 percent after the introductory period, based on creditworthiness.
• Balance transfer fee of 3 percent on the first transfer, increasing to 5 percent for future transfers.
• No annual fee, making it a cost-effective choice for those focused on reducing debt.

The balance transfer fee is an important factor to consider. Even though it adds to the total transferred amount, the savings from avoiding high-interest charges may still make this card a smart financial move.

How to apply for the Discover It 

Applying for the Discover It Balance card is straightforward and can be done online through the Discover website or via their mobile app. The process takes only a few minutes.

• Visit the Discover website and navigate to the Discover It Balance application page.
• Provide personal information, including name, address, and Social Security number.
• Enter financial details, such as annual income and housing expenses, to help determine credit eligibility.
• Review the terms and conditions before submitting the application.
• Submit the application and wait for a response, which is often provided instantly.

Applicants with good to excellent credit scores have a higher likelihood of approval. Once approved, users can begin transferring balances immediately to take advantage of the 0 percent APR offer.

How to Use the Discover It Balance Efficiently

To make the most of the Discover It Balance card, users should follow these best practices:

• Transfer balances as soon as possible to maximize the 0 percent APR period and avoid paying interest on existing debt.
• Create a repayment plan to ensure the balance is paid off before the 15-month introductory period ends.
• Avoid making unnecessary new purchases, as this could increase the total balance that needs to be repaid.
• Monitor payments closely using Discover’s online tools to stay on top of due dates and avoid late fees.
• Refrain from carrying a balance beyond the intro period, as the high standard APR can make debt repayment more expensive.

By following these steps, cardholders can use the Discover It Balance card as an effective tool for financial stability while avoiding unnecessary costs.

Is the Discover It Balance Worth It?

This card is an excellent choice for individuals seeking to consolidate debt and minimize interest payments. With a 0 percent APR for 15 months, it provides a significant opportunity to pay off high-interest credit card balances.

One of its strongest features is the lack of an annual fee, making it a budget-friendly option for those looking to save money while managing their debt.

However, users should be mindful of the balance transfer fees and ensure they pay off their balance before the introductory APR period expires.

For individuals who primarily want to transfer balances or finance large purchases without interest for 15 months, this card is a great choice. However, those who do not need to transfer a balance may find other cashback or rewards cards more beneficial.