The Discover More Card and the Citi Simplicity Card are both credit cards that are a great fit for card holders with good to excellent credit scores. Card holders who fail to have a credit score above 670 may find that both of these credit cards are not ideal for them.
The Discover More Card’s Annual Percentage Rate (APR) ranges from 11.99% to 20.99%. Card holders with credit scores above 750 will likely be paying closer to 11.99% in APR. 11.99% is a fairly low APR compared to other credit cards. However, if the card holder’s credit score begins to sink, they will likely find their APR increasing closer to 20.99%. This of course is a very steep price to pay for late payments. Therefore, the Discover More card is a good option only for customers who are confident that they can keep their credit score consistently high. The Citi Simplicity Card has an APR ranging from 16.24% to 26.24%. This range is much higher than that of the Discover More Card. Customers who choose their credit card based solely off the lowest possible APR will likely gravitate towards the Discover More Card.
Both of these credit cards feature $0 in annual fees for cardholders. This makes them equally ideal for customers trying to avoid paying extra fees for owning a certain credit card.
Only the Discover More Card offers a cashback system for purchases made using the credit card. The card offers up to 1% cashback on all purchases made anywhere and anytime. It also adds in a bonus of 5% cashback on purchases involving travel, gas, groceries, restaurants, home improvement, and other specific expenses. The cash accumulated from cashback earned on the card can be redeemed through gift cards to over 100 different participating companies. There is also no limit on the amount of cash a card holder can accumulate. The Citi Simplicity Card does not offer a cashback or reward system for its customers. This makes the More Card better suited for frequent spenders, as they can quickly rack up cashback from purchases to use on future expenditures.
Which Card Has More Rewards Citi Simplicity versus Discover More
The Citi Simplicity Card offers a special 0% APR for the first 12 months of card activity. This introductory APR allows new card holders to not worry about forgetting a card payment in their first 12 months of card usage. After the first 12 months, the normal APR between 16.24% and 26.24% will kick in. The Discover More Card offers the same 0% introductory APR, which lasts for 12 months as well. Both cards offer a generous introductory APR, which is great for card users to determine if they are able to pay off their credit card payment on time to avoid paying interest.
The Simplicity Card has a 5% transfer fee for customers who want to transfer their debt from one Citi credit card to another. The transfer fee also has a maximum value of $5, which avoids excessive fees on transfers larger than $100. The Simplicity Card also gives new users a balance transfer APR of 0% for the first 21 months of card activity. This gives peace of mind to customers who plan on frequently transferring debts from or into their Simplicity Card. The More Card has a 0% APR for transfers for the first 12 months of card use. After this, the normal transfer fee is 3%, but does not have a maximum fee.
Comparing the Perks of the Citi Simplicity versus the Discover More Card
The Citi Simplicity Card assures its customers that bill payment can be set up on any day of the month to provide for further convenience to every customer.
The Discover More Card features a 23 day grace period before interest begins to accumulate on the payment, allowing customers who forget to pay their bill almost an entire month to pay it off. The More Card also has a 2% foreign transaction fee for purchases made outside of the U.S.
Both the Discover More Card and the Citi Simplicity Card are good credit card choices for individuals with good to excellent credit scores. The More Card has an advantage in its rewards, as it offers a generous cashback system. The Simplicity Card may not have a cashback system, but its introductory rates are superior to that of the More Card.