Discover Motiva Review

Discover’s Motiva Card is a fantastic way to earn rewards. The card has a 3.99% Annual Percentage Rate (APR) on purchases for the first six months and the same APR for balance transfers for the first year. After those time periods, the APR rises to a variable 10.99 to 18.99%, depending on your credit history. Be sure to review Discover’s website to view sample rates for credit history categories. The card has no annual fee and carries a 3% fee for each balance transfer.

Discover Motiva Card Intro P APR Intro BT APR APR as low as 3.99% 3.99% 10.99% Get a Pay-On-Time Bonus - each time you make 6 on-time payments in a row, get your next month's interest back Up to 1% Cashback Bonus on everyday purchases automatically 5% to 20% Cashback Bonus through Discover's exclusive online shopping site Increase, even double, rewards by redeeming with over 100 brand-name Partners apply online

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The rewards program for the Motiva Card begins with the standard 1% cash back on purchases, which is unlimited. If you use the “Shop Discover” online stores for purchases, you can earn anywhere between 5 and 20% cash back depending on the merchant. Plus, you have the option to redeem your cash back reward for gift cards or for cash, which is directly deposited into your bank account. If you redeem for gift cards, you can also increase your reward amounts. All you need is $20 in reward cash to get started.

The Motiva Card offers another reward program that is fairly unusual in the credit card world. The “Pay on Time” Bonus gives you one month’s worth of interest back in cash if you make on-time payments consecutively for six months. If you make on-time payments for the entire year, you’ll receive two months interest in cash. With the Motiva Card, you can earn cash back for purchases and also for making your payments on time.

Cardholders have online access to their accounts in order to check balances and the payment due dates. In addition, you can enroll for automatic email payment reminders, which means no late fees and a great chance at getting your interest back in cash. With Discover’s guaranteed 60-second customer service and the rewards program, the Motiva Card is a great value.

The card also offers you the security of zero liability for fraudulent charges, which means that if your card is lost or stolen and used, you won’t have to pay any of the charges to your account. If you do have a problem with a lost or stolen card, Discover offers round-the-clock phone access to their fraud specialists, another beneficial security feature. Add the ability to use virtual account numbers for online transactions and you have a very secure card that pays you for purchases.

Discover’s travel benefits are also part of this card. You will have access to the Global Traveler Hotline, lost luggage assistance, travel insurance for tickets and car rentals on the card, as well as delivery of lost travel documents to anywhere in the world.

Once approved, you’ll have access to Discover Edge, which is an online resource for credit, investment, and consumer education and advice. You can also choose from about 150 card designs to find the look that matches your personality and lifestyle. If you’re looking for multiple ways to earn cash back on credit card purchases as well as security and convenience, choose the Discover Motiva Card.

Write to Chris Anderson at chris@creditdonkey.com