FAQ: Balance Transfers :: Discover Financial Services

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How long does it take to process a balance transfer to my Discover Card?

When you request a balance transfer, Discover Card makes a payment to your other creditor(s). It may take up to two weeks for them to receive the funds and credit your other account. This means you should make payments to your creditor(s) until the balance transfer is complete to avoid late fees and finance charges. It's best to contact your other creditor(s) to confirm they have received the balance transfer.

The balance transfer may post to your Discover Card account at any time within the two-week period. You can check to see if it has posted by logging in to the Account Center and clicking on "View activity since last statement." Not registered for the Account Center? Register now.

Why is the Credit Available amount noted on my balance transfer offer and balance transfer request pages sometimes different than what I see in my Account Summary?

The credit you have available for a balance transfer reflects your Credit Available minus any balance transfers pending on your account. Pending balance transfers include balance transfers that have been approved but not yet authorized or that have not yet posted to your account. Once a balance transfer has posted as a debit to your account it will be reflected in the Credit Available amount in your Account Summary.