Discover® Motiva Credit Card
The Discover® Motiva is a low interest rate (3.99% for the first 12 months), no annual fee, credit card. It’s major benefit is for those that pay their credit card balance in full every month as you will get a full month’s interest in cash back if you make six on-time payments in a row.
For example, if your balance for a month is $10,000 and you have made your payments on time for the last six months you would get (at an 11.99% APR) almost a $100 in cash back. As you can see in a year, you can actually make $200 based on the above example. In order to take full advantage of the cash back rewards, this card is recommended for big spenders with a big bank account to match.
Specifics
- 3.99% APR for the first 6 months.
- No Annual Fee.
- APR (Purchases) as low as 10.99%**.
- APR (Cash Advances) 23.99%
- 25 day Grace Period.
- No Limits on Cash Back.
- Pay-On-Time Bonus equal to a full month’s interest every time you make 6 on-time payments in a row.
Above offer valid to new cardmembers only.
