Review of Discover Open Road Credit Card

Tue, Nov 18, 2008

Credit Card Reviews

The Discover® Open Road Card is one of the notable rewards credit cards that are issued by Discover. This is specially designed for people who want to get cash rewards when they spend their money on gas expenses and auto maintenance. Such is perfect for people who are always on the road. However, only those that enjoy a very good credit rating can avail of this prime offer.

This credit card has a very excellent offer for those who spend a great deal on gas purchases. Through this reward program, the card holders are entitled to get a full 5% cash rebate rate on all their expenses spent on gas and auto maintenance. In addition to that, the card holder can also earn up to 1% cash back rate on general expenses and a 0.25% cash back rate on purchases made for merchandises and goods from selected warehouse clubs and stores that are affiliated with Discover.

Just like other Discover credit cards, the cash rebate system for general purchases made through this card will follow a tiered structure. If you spend no more than $1,500 on general purchases every year, your cash rebate rate will amount to 0.25%. However, if your total purchase amount exceeds $1,500 but is less than $3,000, your rate will go up to 0.50%. Lastly, if your total purchases for the year exceeds $3,000, you will then receive a full 1% cash rebate on all the money that you spent. There is no limit as to the total amount of cash rebates that a card holder can earn in a year. Moreover, you can redeem your cash rebates anytime you want to, for as long as your credit account is still active and in use.

In addition to the splendid cash back benefits, the Discover Open Road Credit card also offers a double reward program. Basically, if the card holders trade their cash rebates in exchange for gift certificate, they will get double of the cash rebate amount from the affiliated companies and merchant partners of the Discover Card program.

The Discover Open Road credit card also entices the aspiring card holders with a very attractive introductory offer. The card offers a Zero introductory interest rate on the purchases made during the first six months of use. However, the rate will have a variable rate of as low as 10.99% or as high as 18.99% after the initial six months. Also, there will be a Zero percent balance transfer rate that will last for twelve months. The rates will vary depending on the credit rating of the aspiring cardholder.

Apply online for Discover Open Road Credit Card :

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