Review of Discover® More® Card—American Flag

If you want to show your patriotism every time you bring out your credit card, you might want to get a Discover®  More® - American Flag edition. This, however, is exclusively for people who have impressive credit ratings. Despite the stiff requirements, the rewards from this card are worth it. You’ll get to have Platinum membership benefits with the American Flag Edition of Discover® More®.

For starters, when you get this card, you won’t have to worry about annual fees. The card also has a nice feature called the 5% Cashback bonus. In other words, you get to have rotating cash rebates for certain purchase categories on the list. For every item that you spend your money on, you’ll get points (5% if you’re on the right purchase category) which you can use to treat yourself later on.

Of course, you will have to follow a few rules if you want to get your reward. For example, you’ll have to make sure that you pay your credit card dues on time, otherwise, you’ll end up paying hefty fees for being late with your payments. Also, you’ll have to spend more than $3000 annually if you want to take advantage of the 1% cash rebate on all other purchases which don’t fall under the 5% cashback bonus promo for that season.

The best part is that all of these points don’t expire. There’s also no maximum number of points you can earn when you use your credit card. As long as you keep your credit card active, you can earn points for as long as three years. You can also earn as many points as you want as long as you pay your credit card dues on time.

What’s the catch? We’re not quite sure yet, but we do know that the American Flag Edition of Discover® More® gives other Platinum benefits including a generous ceiling of $500,000 for travel insurance, car rental insurance, and fraud. You’ll also get the necessary security features, including zero liability should your credit card be used for transactions which you did not authorize.

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Posted on 1st June 2010 by Randell in Business Credit Cards

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