0% APR & $100 Bonus By Discover More Card

My wife received a credit card invitation from "Discover More Card" today. This card seems to have many neat features as listed below.

• Get $100 Cashback Bonus when you make $500 in purchases within 3 months
• 0% intro APR on Balance Transfers for 12 full months, then the Regular APR
• 0% intro APR on Purchases for 6 full months, then the Regular APR
• 5% Cashback Bonus in categories that change like travel, gas, groceries, restaurants, home improvement stores and more 
• $0 Annual fee

The preapproval for this will expire on January 31, 2011.
Invitation Code#: 9875...........-L22V

The link to find you pre-approval offer from Discover card is here