Discover
Discover it Balance Transfer Credit Card
Estimated value every year on typical spending
$312/ year
Every year, after the annual fee. No welcome bonus.
Based on a typical ~$2,600/month of spending. Points valued conservatively; confirm terms with the issuer.
Carry a balance? At 20%+ APR, interest usually costs more than any card earns.
Is it worth it?
With no annual fee, the Discover it Balance Transfer Credit Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $312 a year on typical spending.
The fine print
- Intro APR
- 0% for the first 18 months
- Regular APR
- 17.74% to 26.74% variable
- Foreign fee
- None
- Rewards paid as
- Cash back
- Approval
- Good credit recommended
- Redeem for
- Travel portal · Airline & hotel transfers · Statement credit · Gift cards
Rewards
- Cash back on every purchase, with no annual fee and a rewards match at the end of your first year
Sign-up bonus
Not specified
Best for
- Keeping costs at $0
Not ideal for
- Maximizers chasing category bonuses
Trade-offs: Better travel value ↔ less straightforward than cash back; No annual fee ↔ lower category bonuses.
Worth knowing
- Annual fee
- $0
- Intro APR
- 0% for the first 18 months
- Regular APR
- 17.74% to 26.74% variable
- Balance transfer fee
- Balance Transfer Fee applies.
- $1200/mo on everyday spending earns about $144/year (1x).
Offer history
No changes to the fee, welcome offer or intro APR since we started checking this card daily on Oct 26, 2026.
Discover it Balance Transfer Credit Card: questions people ask
Is the Discover it Balance Transfer Credit Card worth it?
With no annual fee, the Discover it Balance Transfer Credit Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $312 a year on typical spending.
What is the Discover it Balance Transfer Credit Card annual fee?
The Discover it Balance Transfer Credit Card has no annual fee ($0).
What does the Discover it Balance Transfer Credit Card earn?
Cash back on every purchase, with no annual fee and a rewards match at the end of your first year.
What credit score do you need for the Discover it Balance Transfer Credit Card?
The issuer doesn't say; we'd class it as: good credit recommended. Checking your matches on CardFit never runs a credit check.
Does the Discover it Balance Transfer Credit Card charge foreign transaction fees?
No. The Discover it Balance Transfer Credit Card has no foreign transaction fee.
Does the Discover it Balance Transfer Credit Card have a 0% intro APR?
0% for the first 18 months. After that the regular APR is 17.74% to 26.74% variable.
Compare Discover it Balance Transfer Credit Card
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Card details are collected from issuer websites and were last refreshed October 29, 2026. Source: Discover product page. Terms change often; confirm them with the issuer before you apply.