Discover is promoting a new credit card called the “Discover Motiva Card“.

Th Motiva card is designed for people who generally carry a balance and pay their payments on time.

The benefit of this new card is that when you make 6 months worth of payments on time, the following month’s interest rate will be added to your cash back account.

Compared to the regular Discover More card, which earns cash back, the benefit of the Motiva card is that when you are carry a large balance, you are not using it much for purchases, just trying to pay it off, so on the More card it wouldn’t earn cash back rewards for purchasing, whereas the Motiva card is reducing your interest cost.

If you have a good credit rating, Motiva might be a good card to consolidate your balance transfers on.
Here are the details on the Motiva card.

• Pay-On-Time Bonus equal to a full month’s interest each time you make 6 on-time payments in a row- twice a year, every year when you pay on-time every month
• 5% to 20% Cashback Bonus® at top online retailers through our exclusive online site
• Up to 1% Cashback Bonus on all other purchases
• Free payment by phone or online - even on your due date
• $0 fraud liability guarantee

Difference Between the Discover More Card and the Discover Motiva Card

The Discover More is the one that offers the “Get more program” that pays 5% cash back. That is where Discover offers popular categories that change 4 times during the year that pay the higher amount. They are free to you, but you do have to activate each category that you are interested in.

The Discover Motiva Card will offer the interest back to you twice a year for payments made on time. That is the difference between the two cards.

Both cards do pay up to 1% on all purchases.