Discover Open Road Credit Card Review
Is it time for you to get your next credit card? Not quite sure which one you are going to choose? Well, I’m sure as you have search, you’ve found that there are all kinds of offers out there! However, one of the offers that very likely caught your eye is the Discover Open Road card! So, is it worth your time? What is the breakdown of this card? What about the lender, fees, interest rates and rewards? Well, I’ve got all the answers you’re looking for in my review of the Discover Open Road card!
As you know if you have read any of my other reviews, I always like to start out with the lender. This is because, the lender is the single most important factor associated with the accounts that you will be comparing. The reality is that credit cards will generally play a huge role in your financial stability. Therefore, to truly trust your financial stability to the lender that issues your next credit card, you have to know that lender. Well, I’m sure you know Discover! They are one of the largest lenders in the world! Chances are, you’ve seen the commercial above as well. The best part is, it’s a fact, Discover was indeed ranked #1 in customer satisfaction! So, when you choose the Discover Open Road card, you can be sure that you chose a trust worthy lender.
Now, on to the important financial factors associated with credit cards, the interest rates and other fees. Starting with the primary source of fees associated with credit cards, the interest rates! With the Discover Open Road card, you will enjoy a 0% interest rate for the first 15 months on balance transfers and purchases. This is sure to provide a huge savings right in the beginning! Also, consumers with excellent credit can enjoy low long term interest rates as low as 10.99%! Another incredibly important financial aspect of any card is the annual fee. Well, if you choose the Discover Open Road credit card, you don’t have to worry about this because it has no annual fee! When it comes down to it, this is a very inexpensive offer!
Finally, the best part, you know, the rewards! With this card, you will enjoy great Cash Back rewards! As a matter of fact, the Discover Open Road card offers 25% cash back on the first $3,000 spent! After the introductory cash back limit is met, you will enjoy 1% cash back on all other purchases with no redemption fee what so ever! Also, this year, all year long, you will enjoy 2% cash back on all purchases at restaurants and gas stations! Overall, this is one of the best cash back cards you will find!