Discover Credit Cards: J.D. Power’s #2 May be #1 for You
American Express may have taken the top prize in J.D. Power and Associates 2008 Credit Card Satisfaction Study(SM), but Discover once again came in a close second. However, depending on the type of consumer you are, Discover may be a better card for you. Here are few areas where Discover shines:
Annual Fees: Discover doesn’t charge them. Many American Express cards do, with some consumer cards carrying fees in the low hundreds. For the big spending Amex crowd, these fees may be worth the trade off to be a part of the much lauded American Express Membership Rewards programs. However, many credit card users are better off keeping that money in their own banks.
Rewards: While American Express offers a wide range of no fee rewards programs, most notably, the cashback program attached to Blue Cash® from American Express, Discover keeps its customers more than satisfied with its own Cashback Bonus® program, which includes popular cards such as the Discover® Open Road (SM) Card, which offers consumers 5% cashback on gas.
Customer Service: Nobody likes credit card companies. In fact, credit card issuers are the least liked players in the financial service industry. However, according to J.D. Power’s executive director of financial service, Discover had about 50% less complaints than the average credit card company (source http://articles.moneycentral.msn.com/Banking/CreditCardSmarts/credit-cards-with-the-happiest-users.aspx?page=all)
Of all the credit cards included in the surver, only American Express and Discover received 4 or more stars in every category. And, given the absence of fees, competitive cashback rewards program, and high customer satisfaction, a Discover card may be the card for you.
To compare and apply for a Discover Card, visit the Discover credit card section of this website. You can also compare offers and apply online for American Express, Chase, Capital One, Bank of America, Citibank, and HSBC credit cards in their respective sections.
Additionally, you can compare 0% APR offers, cashback rewards offers, travel rewards offers and more in their respective sections of www.smartcreditchoices.com.