Discover® More Card 0% Balance Transfer for 18 Months Offer (formerly 24 month offer)

Zero percent balance transfer credit card offers have been around for many years, but the recent economic troubles and credit tightening have kept many credit card companies from offering really good deals and long terms on zero percent balance transfers lately.

The Discover 18 month balance transfer offer is still available!

Transferring a high interest credit card balance to a 0% balance transfer credit card can be a useful tool to help reduce any credit card balances you may have, and allow you to get out of credit card debt faster. Of course, you need to use any credit card wisely, and make sure to pay off your balances as quickly as possible.

Obviously, you want to pay off that debt during the 0% interest period, and having a longer term can give you a little more time to do so- I believe the 18 month period of the Discover® More Card – 18 Month Promotional Balance Transfer offer is one of the longest currently available- I don’t think any other card offers a 2 year 0% offer right now.

Discover® More Card – 18 Month Promotional Balance Transfer Details:

Limited Time – 0% intro APR on balance transfers for a 18 months, then the Regular APR
Promotion only valid through February 28, 2011-extended!
0% intro APR on purchases for a 6 months, then the Regular APR
5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants, home improvement stores and more
Up to 1% unlimited Cashback Bonus on all other purchases
No Annual Fee

Two good benefits of this card are cashback bonus categories, which are great if you use the card for purchases, and no annual fee, which is always good.

The balance transfer fee is 5% is a little on the high side (many shorter term cards charge 3% or so) but having a full 1.5 years to pay off the card can save you much, much more in interest fees over that period, depending on the amount you transfer, of course.

This offer has been extended, so if you are interested in more details and to sign up, check out the Discover® More Card – 18 Month Promotional Balance Transfer