This offer will be valid until May 15, 2024.
You are eligible to apply for only one of the offers above. Pre-approval is not final approval. If you apply
for an offer, Discover will review and verify full application and credit report to confirm that you meet the
criteria for this offer.
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Annual Fee: None. 28.24% standard variable purchase APR.
Intro Balance Transfer APR is
10.99%
for
6
months from date of first transfer, for transfers under this offer that post to your account by
August 10, 2024;
then the standard purchase APR applies.
Cash APR: 29.99% variable. Variable APRs will vary
with the market based on the Prime Rate. Minimum interest charge: If you are charged interest, the charge will be no less than $0.50.
Cash advance fee: Either $10 or 5% of the amount of each cash advance, whichever is greater.
Balance Transfer Fee:
Intro balance transfer fee of
3% of the amount of each transfer
for transfers that post to your account by
August 10, 2024. After that,
5% of the amount of each transfer.
Rates as of August 30, 2024. We will apply payments at our discretion, including in a manner
most favorable or convenient for us. Each billing period, we will generally apply amounts you pay that exceed the
Minimum Payment Due to balances with higher APRs before balances with lower APRs as of the date we credit your payment.
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Minimum Security Deposit: If approved, you must make a minimum security deposit of $200 (or more, in increments of $100 up to $2,500),
which will equal your requested credit limit. Discover will determine your maximum credit limit
by your income and ability to pay.
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Cashback Match: We’ll match all the cash back rewards you’ve earned on your credit card from
the day your new account is approved through your first 12 consecutive billing periods or 365 days,
whichever is longer, and add it to your rewards account within two billing periods. You’ve earned
cash back rewards only when they’re processed, which may be after the transaction date. We will not
match: rewards that are processed after your match period ends; statement credits; rewards transfers
from Discover checking or other deposit accounts; or rewards for accounts that are closed. This
promotional offer may not be available in the future and is exclusively for new cardmembers.
No purchase minimums.
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2% Cash back at gas and restaurants:
We will send full
terms and conditions
with your card. You earn a full 2% Cashback Bonus®
on your first $1000 in combined purchases at Gas Stations (stand-alone), and Restaurants each
calendar quarter. Calendar quarters begin January 1, April 1, July 1, and October 1.
Purchases at Gas Stations and Restaurants over the quarterly cap, and all other purchases, earn 1% cash back.
Gas Station purchases include those made at merchants classified as places that sell automotive gasoline that
can be bought at the pump or inside the station, and some public electric vehicle charging stations.
Gas Stations affiliated with supermarkets, supercenters, and
wholesale clubs may not be eligible. Restaurant purchases include those made at merchants classified as
full-service restaurants, cafes, cafeterias, fast-food locations, and restaurant delivery services. Purchases
must be made with merchants in the U.S. To qualify for 2%, the purchase transaction date must be before or on
the last day of the offer or promotion. For online purchases, the transaction date from the merchant may be the
date when the item ships. Rewards are added to your account within two billing periods. Even if a purchase
appears to fit in a 2% category, the merchant may not have a merchant category code (MCC) in that category.
Merchants and payment processors are assigned an MCC based on their typical products and services.
Discover Card does not assign MCCs to merchants. Certain third-party payment accounts and digital wallet
transactions may not earn 2% if the technology does not provide sufficient transaction details or a qualifying
MCC. Learn more at Discover.com/digitalwallets. See Cashback Bonus Program
Terms and Conditions
for more information.
Redeem your Cashback Bonus® – any amount, any time. Rewards never expire.
We reserve the right to determine the method to disburse your rewards balance.
We will credit your Account or send you a check with your rewards balance if your
Account is closed or if you have not used it within 18 months. You may redeem your
Cashback Bonus in any amount, starting at a penny, for a Statement Credit to your Account,
as an Electronic Deposit to an eligible checking or savings account that you designate, as a
charitable donation to select charities, or Pay with Cashback Bonus at select merchant(s).
Visit Discover.com/redeem for a list of current merchant(s). Redeem Cashback Bonus® for gift
cards at popular brands, starting at $5.
We may prevent you from redeeming your rewards based on your account status. Your Account must also not be
used for any illegal transactions. We apply security measures before clearing a redemption that may limit your
ability to redeem in certain channels or result in a delay. All redemptions are final. If your card is reported lost
or stolen, you may not be able to earn or redeem rewards for approximately 24-48 hours.
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Discover® Identity Alerts: Discover® Identity Alerts (Alerts) are offered by Discover
Bank at no cost, are available only online, and do not impact your credit score. The Alerts currently provide:
(a) daily monitoring of your Experian® credit report and an alert when a new inquiry or account is listed
on your report; (b) daily monitoring of thousands of Dark Web sites known for revealing personal information
and an alert if your Social Security Number is found on such a website. Alerts are only provided to, Primary
cardmembers who agree to receive them online and whose accounts are open, in good standing, have a Social
Security Number, and an email address on file. This benefit may change or end in the future. Discover Bank
is not a credit repair organization as defined under federal or state law, including the Credit Repair
Organizations Act. To see a list of Frequently Asked Questions, visit discover.com/freealerts.
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Freeze it®: When you freeze your account, Discover will not authorize new
purchases,
cash advances or balance transfers. However, some activity will continue, including bills that
merchants
mark as recurring, as well as returns, credits, dispute adjustments, delayed authorizations (such as
some
transit purchases), payments, Discover protection product fees, other account fees, interest,
rewards
redemptions and certain other exempted transactions.
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Monthly reviews start your seventh month as a customer. We will refund your security deposit if you
have made all payments on time for the last six consecutive billing cycles on all your Discover accounts
including any loans, and you've remained in “good status” on all credit accounts you are responsible for
whether they are Discover accounts or not. “Good status” means: (1) your credit report shows no
delinquencies, charge-offs, repossessions, or bankruptcies for the six months prior to our review; and (2)
your Discover Secured Card is not in a prohibited status at the time of our review, including, but not
limited to: closed, revoked, suspended, subject to tax levy, garnishment, deceased, lost/stolen, or fraud.
Monthly reviews may be delayed if you change your payment due date. We typically process your
refund in 2-3 business days based on your delivery preference. If you close your account and pay in full,
we’ll return your deposit within two billing cycles plus ten days.
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Build your credit history: Discover reports your credit history to the three major credit bureaus
so it can help build your credit if used responsibly. Late payments, delinquencies or other derogatory
activity with your credit card accounts and loans may adversely impact your ability to build credit.