The Discover® Open Road Card
The Discover® Open Road Card is a rewards credit card for consumers with credit scores of 700 and above.
With no annual fee, a zero percent interest rate for the first 6 months, and generous Cashback rewards, it makes good sense to transfer your high rate credit card balances with your application, and to use this credit card for purchases.
Rewards points are double when you use your Open Road card for gasoline or restaurant purchases, and as high as 20% when you use your card at top retailers through Discover’s® online shopping mall.
Your Cashback rewards can be redeemed for partner gift cards, Discover® gift cards, for merchandise, for credit to your Discover® card account, or by an electronic deposit to your bank account.
Your Cashback rewards count for even more when you redeem them for gift cards or eCertificates from any of Discover’s® more than 100 brand-name partners.
After the introductory 6 months, you’ll enjoy a variable interest rate as low as 11.99%. Your interest rate will vary depending upon your credit scores and other financial information.
Note that only balance transfers made with your application will enjoy the interest-free trial period. All others will be billed at a variable rate of 23.99% Balance transfers made with your application will carry a fee of 3% while later balance transfers will be billed at 5% with a $10 minimum. Cash advance fees are also 5% with a $10 minimum charge.
The late fee is $19 on balances up to $250 and $39 on balances over $250.
You can avoid all interest fees by making payment for the previous month’s purchase within 25 days of the statement ending date.
Before making application for any credit card, consumers should obtain a copy of their free credit report and read it carefully. Finding and correcting errors before obtaining new credit will result in higher credit scores and more favorable interest rates.
