Discover® Open Road(SM) Card
Card Type: Discover
Card Issuer: Discover
Card Category: Reward - Gas
Apply for Platinum BusinessCard with Unlimited Rewards
- 5% to 20% Cashback BonusŪ at Top Online Retailers*
- Up to 1% Unlimited Cashback BonusŪ on All Other Purchases Automatically
- Increase, Even Double Your Rewards When You Redeem for Gift Cards from Our 100 CBB Partners
- No Annual Fee
- Online Account Access
- Online Bill Payment
- *View Discover® Card Rates, Fees, Rewards, and Other Important Information
- Data
- Rating:
- Intro Rate:
- 0% Intro APR*
- APR (Cash):
- 23.99%
- APR (Purch):
- 11.99%
- Annual Fee:
- $0
Review
The Discover® Open Road(SM) Card, issued by Discover, is designed for those with very good credit who would like to earn cash rewards on gas and auto maintenance expenses. Through the reward program, cardholders earn a full 5% in cash rebates for gas and auto maintenance purchases, up to 1% for general purchases, and .25% for purchases made at select warehouse clubs and discount stores. Those who spend up to $1,500 on general purchases will receive a .25% rebate, between $1,500 and $3,000 will receive a .5% rebate, and over $3,000 will receive a full 1% rebate.* This card also offers a variable rebate on gas and auto maintenance purchases. Those who spend up to $1,200 will receive a full 5% rebate, between $1,200 and $1,500 will receive a .25% rebate, between $1,500 and $3,000 will receive a .5% rebate, and over $3,000 will receive a 1% rebate. There is no yearly limit on the amount of rebates that can be earned, and rebates do not expire as long as the account is active within a 36-month period. As an added bonus, cardholders can earn up to a double Cashback Bonus® when redeeming their rebates for gift certificates from participating Discover® Card Partners. In addition to the reward program, the card also provides several platinum benefits, including travel accident insurance, auto rental insurance, and various fraud and security protection services. This card has an attractive 0% introductory APR on purchases and balance transfers for six months. The APR for this card is reasonable, although it is important to note that only higher qualifying applicants will receive the lowest rate available. Therefore, those who plan to spend up to $1,200 a year on gas and auto maintenance expenses (to earn the full 5% cash rebate), plan to use their Cashback Bonus® award at participating retailers (to earn double cash rebates), and plan to pay in full each month after the introductory rate expires (to avoid costly finance charges) will benefit most from what the Discover® Open Road(SM) Card has to offer. *It is important to note that like many cash reward cards, the highest rebate offered will not apply to all purchases made with the credit card. In this case, 1% will be applied only to those purchases made after the cardholder spends over $3,000 in one year, so the overall cash rebate earned will be less than 1%, depending on the amount spent. For instance, if the cardholder were to spend $4,000, only $1,000 of this amount would be applied towards the 1% rebate. However, this does not take into account any promotional offers or the full 5% Cashback Bonus® award.
Most attractive features: Double cash rebates at participating retailers and merchants (through the Cashback Bonus® award program); no annual fee.
Least attractive features: Higher APR for less qualifying applicants.
Additional Perks: Various card designs to select from. Various Internet account related services. No liability for unauthorized transactions. Up to $500,000 in travel accident insurance. Fraud and security protection services. Purchase protection. Flight insurance. Auto rental insurance. See website for additional benefits.
Rates & Fees
Introductory rate: 0% Intro APR*
Applied towards: Purchases, Balance Transfers
Introductory Rate Details: There is a 0% introductory APR* on purchases and balance transfers for 6 months. See terms and conditions for complete details.
Apr(Purchases): 11.99%
Apr(Cash Advances): 23.99%
Finance Configuration: Two Cycles Average Daily Balance (including new purchases)
Annual Fee: $0
Additional Cardholders: None
Grace Period: 25 Days (Min.)
Minimum Credit Limit: $5,000
Maximum Credit Limit: $50,000
Late Payment Fee: $15 on balances up to $500; $39 on balances over $500
Cash Advance Fee: 3%, $5 minimum
Balance Transfer Fee: 3% for each balance transfer made under this offer
Important Notations: *The APR for purchases and balance transfers varies according to the applicant's credit history and may range from 11.99% - 18.99%. See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the ?Apply Here" button, you can review the credit card terms and conditions on Discover?s website.
Rewards
First Purchase Bonus: None
Balance Transfer Bonus: None
Annual Bonus: None
Other Bonus: None
Bonus Details None
Reward Type: Rebate
Optional Rewards: No
Minimum Rebate: .25%
Rebate Details: Earn a 0.25% rebate for up to $1,500 in general spending; 0.5% for over $1,500 up to $3,000; and 1% for over $3,000. Reward is redeemable in $20 increments only.
Maximum Rebate: 5%
Additional Rebates: Earn a full 5% rebate for up to $1,200 in gas and auto maintenance purchases; 0.25% for over $1,200 up to $1,500; 0.5% for over $1,500 up to $3,000; and 1% for over $3,000. Earn a 0.25% rebate at select warehouse clubs and discount stores. Earn up to double Cashback Bonus® at participating Discover Card Partners.
Miles per Dollar spent: n/app
Mile Reward Details: n/app
Additional Miles: n/app
Points per Dollar spent: n/app
Point Details: n/app