Discover Credit CardsA Discover credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services to Discover. Discover, the issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user. A Discover credit card is different from a Discover charge cardA Discover credit card is different from a Discover charge card, where a Discover charge card requires the balance to be paid in full each month. In contrast, Discover credit cards allow the consumers to 'revolve' their balance, at the cost of having interest charged. Most credit cards are issued by local banks or credit unions, and are the shape and size specified by the ISO/IEC 7810 standard as ID-1. Debt-Consolidation-Management.com has provided this page for your reference purposes. Please visit Wikipedia for more information about Discover Credit Cards. |