Do I have to cancel my old credit card if I transfer a balance to Discover it - Cashback Match?

Questions, reviews and discussions about the Discover it - Cashback Match credit card.
Anthony B.

Do I have to cancel my old credit card if I transfer a balance to Discover it - Cashback Match?

Postby Anthony B. » Sat Oct 14, 2017 4:15 am

if I do a balance transfer from my other credit card to this discover card do I have to cancel the other credit card??

jocelynadvisor
Posts: 389
Joined: Fri Oct 18, 2013 9:19 am

Re: Do I have to cancel my old credit card if I transfer a balance to Discover it - Cashback Match?

Postby jocelynadvisor » Mon Oct 16, 2017 3:57 pm

No, transferring a balance from your existing credit card to Discover it - Cashback Match does not require you to cancel your current credit card. In fact, we encourage people not to cancel their credit card accounts, as that can have an adverse effect on your credit scores. Read more about that here.

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