At the end of the day, Discover is still a credit card. All these perks don’t change the fact that you’re borrowing money, and that comes with interest rates and fees.
Discover card’s rates are based on your credit score and typically range between 11.99 percent to 22.99 percent. So if your credit isn’t amazing, your rate could climb very high, especially since the average is somewhere around 17 percent.
Jumping Transfer Fees
The introductory rate for transfer fees is 3 percent, which is normal. But that offer doesn’t last long. After a few months, the transfer fee jumps up to 5 percent, which is on the high end for major credit cards. This might seem small, but for every $,5000 you transfer, that’s $250—a pretty good piece of the pie.
View more information: https://marketrealist.com/p/are-discover-cards-good/