What's the fee for performing a cash advance with Discover it - Cashback Match?

Questions, reviews and discussions about the Discover it - Cashback Match credit card.
Patricia G.

What's the fee for performing a cash advance with Discover it - Cashback Match?

Postby Patricia G. » Tue Jun 27, 2017 8:06 am

Can I use Discover card to pay off a Mastercard? What is the fee for getting cash?

jocelynadvisor
Posts: 363
Joined: Fri Oct 18, 2013 9:19 am

Re: What's the fee for performing a cash advance with Discover it - Cashback Match?

Postby jocelynadvisor » Tue Jun 27, 2017 11:37 am

You can move your existing credit card's balance to your Discover it - Cashback Match by initiating a balance transfer. Note that you can only transfer an amount equal to or less than the credit limit you are given. Learn more about that by reading this blog post. With regard to your second question, Discover charges a fee of either $10 or 5% of the cash advance amount, whichever is greater, and you will also receive a 25.74% APR for the amount -- which is quite steep. It's generally not advised to perform cash advances because they can be expensive. Learn more here.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. It is not the credit card issuer's responsibility to ensure all posts and/or questions are answered. This site may be compensated through the credit card issuer's Affiliate Program. This content was accurate at the time of this post, but card terms and conditions may change at any time.



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