Home Blog Page 18

Discover Secured Card

By
CreditExpert
-
2
Discover Secured Card

Review

Discover Secured Card is one of the rare secured credit cards which is providing cashback and bonuses to their consumers. Despite high-interest rates this card is providing a good amount of bonus for gas and restaurant purchases. This is limited though. You can find our review for each feature of the Discover Secured Card below. If you have any questions, please don’t hesitate to ask us.

Discover Secured Card APR & Fees

Interest rates of the card is a little bit high. However, we believe that it is because of rewards and cashback match features of the card. Purchase APR is 25.24% on Discover Secured Card. Cash Advance APR is 27.24%. Both interest rates are high. However there is an introductory period on Balance Transfer for 14 months. This can help you to save lots of money if you are going to transfer. It is 10.99% in introductory period. The regular balance transfer fee is high as well with 25.24% rate.

Discover it hasn’t make any statement for foreign transactions. So it is unknown how much you will need to pay for this feature. You will need to contact Discover it before applying for the card.

One of upsides of the card is that it doesn’t require you to pay annual fee.

Balance Transfer Fee is reasonable but Cash Advance Fee is high with minimum $10 and maximum 5% rates. These fees can be more than interest rates at times. So you need to think about them twice.

Discover Secured Card Bonuses & Rewards

There is 2% limited bonus for gas and restaurant purchases. The limit is $1000 in three months. You can earn 1% cash back to all other purchases with this card. This is a unique feature for this card because secured cards are not generally include rewards and bonuses.

The best part of this card is bonus. You will earn cashback match at the end of the year. It means if you collect 12100 bonus in a year, you will be rewarded with 12100 bonus.

Thoughts

There are three important features of this card that you will hardly see on other secured cards…

1-) No annual fee.

2-) Bonus.

3-) Cash back.

Despite of this good features, the card is still considerable because of high interest rates though.

Discover Secured Card Rates & Fees

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
25.24% 2% cash back on gas and restaurant purchases. This is limited with $1000 per 3 months.

1% cash back unlimited to all other purchases.

Cash back match at the end of year.

 None Unknown $10 or 5% 27,24% 3% 10.99% for first 14 months.

25.24%

FTF: Foreign Transaction Fee

Discover Secured Card Editor Scores

Type of Card Editor Score Overall Score Total Cards
General 190 200 100
Credit Builder 140 127 10
For Bad Credits 155 165 10
No Credit History 155 168 10
Rewards 199 189 64
Cash Back 100 123 26

Similar Credit Cards

Discover secured Credit Card FAQ

What is Discover Secured Credit Card?

The Discover secured credit card like any other secured credit card is designed for people who are looking to build or rebuild their credit. It looks and acts like a traditional credit card except that you provide a security deposit as collateral for your credit card account. Your credit line will equal the amount of this security deposit. Responsible use and on-time payments can help build or rebuild your credit.

Will my Discover secured credit card say SECURED on it?

No, the credit card will not say SECURED on it. It will look like a regular credit card and will be accepted anywhere Discover is accepted.

Will applying for Discover secured credit card generate an inquiry on my credit report?

Yes, if you submit an application, an inquiry will be placed on your credit file. The impact of this inquiry to each person's credit score differs.

How can this credit card help me build my credit?

Discover report your payment history to the three major credit bureaus. So with on-time payments and responsible use, your Discover secured credit card can help you build your credit history.

How do I get a Discover secured credit card?

You will need to be at least 18 years of age, have a Social security number, U.S. address and U.S. bank account, and provide all the required information in the online application. Be sure to have your bank routing number and account number handy when you apply.

How long before discover secured card becomes unsecured?

Your Discover Secured credit card may become unsecured as early as eight months after account opening, assuming you pay your monthly bills on time and responsibly manage your finances

Originally posted 2019-01-08 22:24:11.

Discover It Chrome Card

By
CreditExpert
-
0
Discover It Chrome

Review

Discover It Chrome Card is a credit card which provides cash back to consumers. The card is generally focused on gas and restaurant purchases. There is not any sign up bonus of the card but you can double your cash back earnings with your card at the end of the year. You can see our detailed review for Discover It Chrome Card below.

Discover It Chrome Card APR & Fees

There is 0% introductory APR period for purchases and balance transfers. It is for 14 months and it is a good opportunity for consumers. Regular APR for purchase and balance are not bad at all. However Cash Advance Rate and Fee are high.

The credit card company Discover it didn’t make any statement about foreign transaction fees. If you purchase too much abroad, we recommend you to ask it to company.

There is no annual fee of the card and this is very good. Balance transfer fee is already at very good rates for now.

Discover It Chrome Card Bonuses & Rewards

You can find all APR rates at the rates & fees table below… Discover It Chrome Card is providing good amount of cash back for gas and restaurant. However this feature of the card is still questionable because there is a $1000 limit in each quarters of the year. It means you can get maximum $20 cash backs from gas and restaurant in 3 months from this promotion. This is quite low. When you reach the limit, your cash back rate is going to be 1%.

The card also provides 1% unlimited cash back to consumers for all purchases.

Thoughts

Limited cash back for 2% is a little bit annoying. Cash Advance Fee and APR values are high. If you are looking for a card in gas or restaurant categories, you can find many good alternatives. However if you are student and if you want to get student version of this card, it is very beneficial for you. You can see our review for the student version.

You can see rates and fees table of Discover It Chrome below. There are also editor scores and user reviews.

Discover It Chrome Card Rates & Fees

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
0% for 14 months.

14.24% – 25.24%

 2% cash back on gas and restaurant purchases. Limited with $1000 in combined purchases in 3 months.

%1 Unlimited cash backs.

Match cash backs at the end of the year.

 None Unknown $10 or 5% 27.24% 3% 0% APR for first 14 months.

14.24% – 25.24%

FTF: Foreign Transaction Fee

Discover It Chrome Card Editor Scores

Type of Card Editor Score Overall Score Total Cards
General 204 200 100
Zero Interest 155 180 43
No Annual 160 166 60
Restaurant 180 220 3
Rewards 179 189 64
Cash Back 117 123 26

Similar Credit Cards

You can check user reviews of Discover It Chrome below. User reviews are important fact at card rankings on Credit Card Center.

Originally posted 2019-01-06 21:20:27.

Discover Travel Card

By
CreditExpert
-
0
Discover Travel Card

Review

Discover Travel Card is a card which consumers can earn miles.  If you want to have a travel card, this can be an option for you. Besides you can double up your total miles rewards at the end of the year with this card. You can see our review for each features of this card below.

Discover Travel Card Interest Rates & Fees

There is introductory APR period for Purchases and Balance Transfers on Discover Travel Card. Introductory APR for the card is 0% rate for 14 months. For balance transfers, it is 10.99% for 14 months. We believe balance transfers intro APR should be same with purchase (0%).

The regular APR is not bad. It is 14.24% – 25.24% for Purchase and Balance Transfers. However Cash Advance rate is 27.24% and this is much.

There is no annual fee for the card. Cash Advance fee is high with 5% maximum rate and $10 minimum fee but Balance Transfer fee is very good.

Rewards and Bonuses

There is no sign up bonus with Discover Travel Card. However you will able to get miles match at the end of the year. It is one time offer and you will able to get your miles match bonuses 12 months later. How much miles you earned in a year? 20000? So you will get 20000 miles… 12 month is a long period though.

1.5 miles per $1 purchase is an average miles reward. You can find much better option than it.

Thoughts

We believe that Discover Travel Card can worth it if you can get low APR with it. However as we have already mentioned above, you can get bonus match miles in 12 months. It is very long time. We believe that the company should be more generous for current balance transfer APR.

You can see rates and fees of this card below. There is also user reviews and editor scores.

Discover Travel Card Rates & Fees

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
0% for 14 months.

14.24% – 25.24%

 Unlimited 1.5 miles per every $1 purchase.

No Sign Up Bonus with the card. However there is match miles. It means if you earn 10000 miles in a year, you are going to earn 10000 miles. Or 5000 miles for 5000 miles… This is one time offer.

 None Unknown $10 or 5% 27.24% 3% 10.99% APR for first 14 months.

14.24% – 25.24%

FTF: Foreign Transaction Fee

Discover Travel Card Editor Scores

Type of Card Editor Score Overall Score Total Cards
General 219 200 100
Zero Interest 151 180 43
Miles 199 215 4
No Annual 160 166 60
Travel 190 196 8

Similar Credit Cards

You can see user reviews for Discover Travel Card below. Our users reviews are decisive on rankings of credit cards. If you think that this card deserves a better ranking in Credit Card Center, you can leave a review below.

Originally posted 2019-01-06 20:17:20.

Discover It Cash Back

By
CreditExpert
-
0
Discover It Cash Back Card

Review

Discover it is a cash back which provides 5% cash back to you for different purchase categories in each quarter of the year. These categories are just limited with Grocery, Gas Stations, Uber & Lyft, Restaurants and Amazon.com at the moment. If situation changes, we are going to update this review page. You can find a detailed review for Discover It Cash Back Card below. If you have any questions, please let us know.

Discover It Cash Back Interest Rates

14 months introductory APR is a good opportunity. Introductory APR is helping people to save a lot. Sometimes it can be more effective than rewards and cash backs. Let’s see calculate how much you can save in introductory APR period.

For Minimum APR: 14.24%

Monthly Purchases: $1200

Monthly Payments: $1200

Savings from Intro APR: $196 in 14 months

Maximum APR: 25.24%

Monthly Purchases: $1200

Monthly Payments: $1200

Savings from Intro APR: $350 in 14 months

We believe that maximum APR of the card is not bad and minimum APR is very good. However Cash Advance interest rates high.

Discover It Cash Back Rewards, Bonuses & Fees

5% cash back is good amount. However this depends on your purchases at all. For example grocery is a good opportunity for every consumers. However I don’t think other options are good enough. Why? Personally I have no business with Amazon.com, Gas Stations and Uber & Lyft. Besides I don’t visit restaurants very often. You should calculate your annually purchases well and decide to get/use the card or not. If this card is going to be beneficial for you just 3 months, it won’t worth it at all.

You are going to earn 1% for all purchases other than bonus category in a quarter.

There is not any sign up bonuses on Discover It Cash Back.

The foreign transaction fee of the card is unknown since there is not any statement about this fee from the company. We recommend you to call Discover It to learn rates of foreign transaction fee. It is important for you if you are purchasing from abroad very often.

Balance Transfer fee is 3% and this is very good. However cash advance fee is 5% and this is very high. $10 for minimum cash advance fee is also high too.

You will not pay any annual fee for Discover It Cash Back card.

Thoughts

This card can be profitable for you if your purchases are are regular on Grocery, Gas Stations, Uber & Lyft, Restaurants and Amazon.com or 3 purchase categories. Otherwise it won’t worth to get this card.

You can see rates and fees of Discover It Cash Back card below.

Discover It Cash Back Rates & Fees

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
0% for 14 months.

14.24% – 25.24%

 5% cash back on Grocery, Gas Stations, Uber & Lyft, Restaurants and Amazon.com. Limited: $1500 worth purchase in 3 months

There is one or two purchase categories for 5% cash back in a quarter (3 months).

Regular Cash Back: 1%

No Sign Up Bonus. But there is cash back match after 12 billing period (1 year). It means if you collect 10000 cash back in a year, you will earn 10000 extra cash at the end of the year.

 None Unknown $10 or 5% 27.24% 3% 0% APR for first 14 months.

14.24% – 25.24%

FTF: Foreign Transaction Fee

Editor Scores

Type of Card CCC Editor Score Overall Score Total Cards
General 238 200 100
Zero Interest 220 180 43
Rewards 245 189 64
Balance Transfer 242 226 50
Cash Back 165 123 26
No Annual 170 166 60

Similar Credit Cards

You can write a review below for Discover It Cash Back card. You can also read user reviews.

Originally posted 2019-01-06 11:22:22.

Chase Freedom Unlimited vs Chase Sapphire Reserve

By
CreditExpert
-
0
Chase Freedom Unlimited vs Chase Sapphire Reserve

We are providing this compare for you since Alice from California asked it via contacting us. These cards are actually in different categories. Chase Unlimited is a good card for general usage. However Chase Sapphire Reserve is a card for travel purposes. So we compared these two cards in two different categories. For general and travel. Besides there is 15 months introductory APR of Chase Freedom. So we also made before intro and after intro compares in Chase Freedom Unlimited vs Chase Sapphire Reserve comparison. We created an example budget for consumers here. If you want us to calculate for you, we can do it freely. You will also understand how introductory APR is effecting bills with this compare.

Chase Freedom Unlimited vs Chase Sapphire Reserve Comparison

You can find comparison of Chase Freedom and Chase Sapphire  compares for introductory period. The table below is comparison of both cards. You can check both cards rates, fees, rewards and bonuses.

Chase Freedom Unlimited vs Chase Sapphire Reserve

 

In the first glance Chase Sapphire looks shiny with good bonuses and opportunities. Especially amount of the bonus is very attractive.

Expenses

This is our example expenses to calculate both cards. With this calculation we are going to much better results than statistics and rates comparison.

 

We will pay our all credit card debts monthly in all example calculations. If you even pay yoır debts with time, this won’t change winner side but only amount of the money that you will pay.

Monthly Payments and Rewards

 

Chase Sapphire Reserve is looking like an expensive card. However there are good bonus and additional rewards in the first year. Let’s compare fees and rates of the card with values above.

General Results

 

It looks like Chase Freedom Unlimited has beaten Sapphire Reserve with the help of introductory APR. However this compare was just for general usage. If you want a travel card, you will need to check results below.

Chase Freedom Unlimited Wins

Travel Results

 

Chase Sapphire Reserve Wins

Despite of introductory period of the Chase Freedom Unlimited, Chase Sapphire could manage to win this compare. It is because there are high redeem values of Sapphire for travel.

Chase Unlimited vs Chase Sapphire Comparison 15 Months Later

Now these compares are for after introductory APR period. There are not any bonuses now and introductory APR. Let’s see what will happen 15 months later.

General Results After Intro APR

 

Chase Sapphire Reserve’s annual fee is very high and this is the main reason that the card lost this comparison. However if you are saving your rewards points the amount of your loss will be lower. Chase Freedom Unlimited won this compare with almost $43 difference monthly. It means $516 in a year.

Chase Freedom Unlimited Wins

Travel Results After Intro APR

 

Chase Freedom Unlimited Wins

In this compare there is 50% better results for Chase Sapphire Reserve. However Chase Freedom Unlimited still get better result than Chase Sapphire Reserve. As we have told you above, the annual fee of the card is too much and this affected the results of this compare seriously once more.

Thoughts on Chase Freedom Unlimited vs Chase Sapphire Reserve Comparison

As we have told at the first paragraph both cards are for different categories. However if a credit card in a general category can beat another one in away matches, it means that card is far better. Chase Freedom Unlimited even get better results than Chase Sapphire Reserve in Travel category despite of it is a cash back card for general purchase purposes.

However if you will use Chase Sapphire Reserve Reserve in short-term (For 15-18 months). This card can provide better options for you since there is 50000 of sign-up bonus which you can increase it via redeem it for travel (75000). We believe that Chase Sapphire Reserve will lost the effect of bonus after 24 months later maximum.

Final Decision

For a long term travel and general purposes winner is Chase Freedom Unlimited Wins.

For short term travel purposes winner is Chase Sapphire Reserve.

Other Comparisons

Originally posted 2019-01-04 18:36:24.

Capital One QuicksilverOne

By
CreditExpert
-
0
Capital One QuicksilverOne

Review

Capital One QuicksilverOne is a cash back card for consumers who has fair credit score. We are going to mention features of the card and review all facts below. If you have any questions about our review, please feel free to comment this page.

Capital One QuicksilverOne Interest Rates

Interest rates are high for the card. Current interest rate of the card is 26.99%.  This is one of downsides of Capital One QuicksilverOne. However this card can be more beneficial than other Capital One credit cards for fair credit score. You can see rewards and fees section below to get more information on this.

Capital One QuicksilverOne Rewards and Bonuses

There are no bonuses for Capital One QuicksilverOne as expected. Generally card companies don’t provide those credit card bonuses to consumers with fair credit score. However 1.5% cash back rate is very good. You can earn those cash backs for every purchases. This is unlimited. You will earn as much as you purchase.

Fees

We can’t complain about $39 annual fee. This is good for the card. There is no foreign transaction fee… This can be good for you if you purchase from abroad with foreign currency. There is not also balance transfer fee which is very good feature.

Cash advance fee is good and bad. It is good because maximum fee is 3% and it is not that much. It is bad because minimum fee is $10 and it is high.

Result

We believe this card is more beneficial than other Capital One credit cards for average credit score. Capital One QuicksilverOne is providing good cash back opportunity for fair credit score. However interest rates are high. You should consider about interest rates before you apply the card.

You can see fees and rates of Capital One QuicksilverOne below.

Capital One QuicksilverOne Rates & Fees

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
26.99% 1.5% Cash Back for every purchases. $39 Not Available $10 or 3% 26.99% Not Available 26.99%

FTF: Foreign Transaction Fee

Editor Scores

Type of Card Editor Score Overall Score Total Cards
General 174 200 100
Rewards 135 189 64
Cash Back 80 123 26
No Foreign Transaction 148 178 40
Balance Transfer 125 226 50

Similar Credit Cards

User reviews are decisive at rankings of the card. If you like/dislike this card, please write a review below.

Originally posted 2019-01-04 01:24:19.

Capital One Platinum Card

By
CreditExpert
-
0
Capital One Platinum Card

Review

Capital One Platinum Card is a simple card for those who have average credit score. The card fees and all features are almost same with credit builder Capital One Secured Card. We are going to review all features of the card below. If you have any questions regarding this review, please leave a comment this page.

Capital One Platinum Card Interest Rates

26.99% interest rate is too much for this card. We believe that it is high because the card doesn’t ask for annual fee. However there are much profitable options than this card on other companies at the moment. There are also other good benefits of the card. We are going to mention about those in fees.

Fees

There is no annual fee for the card and this is a good feature. You are not going to make extra payments for the card every year. This will help you save a little bit. However it is not still very attractive because of high interests.

If you are purchasing abroad with other currencies, you are not going to pay extra fees with Capital One Platinum Card. Because there is no foreign transaction fee.

Balance transfer fee doesn’t exist for this card. This is also very beneficial for consumers. If you want to have this card for balance transfer, you are not going to pay fees. However you should also consider about 26.99% interest rate.

Minimum cash advance fee is high but maximum cash advance fee is very good for Capital One Platinum Card. Minimum fee is $10 and maximum fee is 3%.

Capital One Platinum Card Rewards and Bonuses

There are no rewards and bonuses in this card for consumers.

Result

This card is not very beneficial for consumers. There are many better opportunities for consumers who have fair credit scores. Balance transfer fee, annual fee and foreign transaction advantages can be considerable though.

You can see rates and fees of the card below.

Capital One Platinum Card Rates

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
26.99% None None Not Available $10 or 3% 26.99% Not Available 26.99%

FTF: Foreign Transaction Fee

Editor Scores

Type of Card Editor Score Overall Score Total Cards
General 171 200 100
No Annual 143 166 60
No Foreign Transaction 133 178 40

Similar Credit Cards

You can see user reviews below. You can also review this card if you like/discard Capital One Platinum Card.

Originally posted 2019-01-04 00:40:22.

Capital One Secured Card

By
CreditExpert
-
0
Capital One Secured Card

Review

Capital One Secured Card is a card that will help you for build credit and rebuild credit. The card is providing basic features for consumers. You can read our review below. We are going to analyze all stats of the card here. Of course we are going to examine all features for those who have bad credit and for those who want to build credit.

Capital One Secured Card Interest Rate

Current interest rate of the card is 26.99%. This rate is too much even for a credit builder card. If you care for interest rate much we recommend you to seek another card. However there are also many other upsides of the card. You will see upsides of the card at other fees section.

Capital One Secured Card Rewards & Bonus

This is a secured card. There is not many card which provides rewards and bonus. However if the situation changes for the card, we are going to update this section of the review.

Other Fees

There is no annual fee of the card and this is the upside of Capital One Secured Card. It is because generally secured cards request payments.

There is no foreign transaction fee for the card. It means if you spend in abroad or if you purchase items in other currencies, you are not going to pay extra for those.

There is no balance transfer fee of Capital One Secured Card. You are not going to pay fees for balance transfers.

Cash advance fee is 3% maximum. This is very good rate. However minimum cash advance fee is $10 and this is much.

Result

Capital One Secured Card is not a perfect card with current interest rates. However if you are seeking a card with no annual fee and no foreign transaction fee, this card can be good for you.

Capital One Secured Card Rates & Fees

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Late Payment Fee Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
26.99% None None Not Available $38 $10 or 3% 26,99% None 26.99%

FTF: Foreign Transaction Fee

Editor Scores

Type of Card Editor Score Overall Score Total Cards
General 171 200 100
Credit Builder 136 127 10
For Bad Credits 148 165 10
No Credit History 172 168 10

Similar Credit Cards

Originally posted 2019-01-03 23:37:45.

Capital One Journey Card

By
CreditExpert
-
0
Capital One Journey Card

Review

Capital One Journey Card is student credit card that you can apply if you are older than 18 year-old. The card has disadvantages and also advantages. We are going to mention about all facts of this card on the review below.

Capital One Journey Card Interest Rates

Interest rates for balance transfer, cash advance and purchase are very high. 26.99% can be serious trouble for you when you are paying your debts back. Besides there is no introductory period of the card. Since Capital One Journey Card is for students, we believe that it should be helpful more about interest rates.

Fees

There is no annual fee of the card. It is one of good features of the card. So you are not going to pay yearly for it. This is a good feature for a student credit card.

There is also no foreign transactions fee of Capital One Journey Card which will be important at foreign payments.

One of upsides of the card is balance transfer fee. You are not going to pay additional fees for balance transfers. Except interest rate…

Cash advance fee is reasonable rate at the moment. 3% rate is very good.

Rewards and Bonuses

There is no bonuses for the card. We don’t also expect bonuses in student cards. 1% cash back for student cards is average yet.

You can see rates and fees of the the card below.

Thoughts

It is a card with high interest rate and no introductory APR. You can find more beneficial cards for students from other companies. We recommend you to not to apply for this until you have no choice at this situation. If CapitalOne makes change on rates and fees, we are going to update this review and thoughts.

Capital One Journey Card Rates & Fees

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Late Payment Fee Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
26.99% %1 Cash Back. None None $38 $10 or 3% 26,99% None 26.99%

FTF: Foreign Transaction Fee

Capital One Journey Card Editor Scores

Type of Card Editor Score Overall Score Total Cards
Student 126 135 2

If you already use Capital One Journey Card and if you would like to review it, please leave a review. You can also find other user reviews below.

Similar Credit Cards

Originally posted 2019-01-03 22:44:59.

1...17181920Page 18 of 20

Credit Card Types & Reviews

EDITOR PICKS

POPULAR POSTS

POPULAR CATEGORY

©
Credit Card Karma