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Glossary

Bank
An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers. A bank must be chartered and meet certain criteria. Chartering is done by the Comptroller of the Currency for national banks.

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issued by Discover Card



CategoryPayment SystemType
consumer unsecured discover card

About Credit Card

0% APR on Balance Transfers for a FULL 12 months.
0% APR on Purchases for a FULL 6 months.
5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants and more.
Up to 1% unlimited Cashback Bonus on all other purchases automatically.
Turn your Cashback Bonus into bigger rewards by redeeming for gift cards from over 100 brand-name Partners.
Instant Response within 60 seconds.
No Annual Fee.

Rates

 Rates Purchases Balance Transfers Cash Advances
 Introductory APR  0%  0%  n/a
 Introductory Period  6 months  12 months  n/a
 Ongoing APR  as low as 11.99%  as low as 11.99%  23.99%
 Minimum Grace Period  25 days  n/a  n/a
 Minimum Finance Charge  $0.50  $0.50  $0.50

Other Fees

 Balance Transfer Fee 5%
 Cash Advance Fee 5%
 Late Payment  $19 on balances up to $250 and $39 on balances over $250.

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See also: All Cards > Another Cards of Discover Card 
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