Does Discover it - Cashback Match have a 3% or 0% balance transfer fee?

Questions, reviews and discussions about the Discover it - Cashback Match credit card.
Thomas P.

Does Discover it - Cashback Match have a 3% or 0% balance transfer fee?

Postby Thomas P. » Sun Nov 19, 2017 8:57 am

Is the fee for a balance transfer 0% or 3%

jocelynadvisor
Posts: 443
Joined: Fri Oct 18, 2013 9:19 am

Re: Does Discover it - Cashback Match have a 3% or 0% balance transfer fee?

Postby jocelynadvisor » Thu Dec 14, 2017 4:42 pm

When you transfer a balance to a new Discover it - Cashback Match, you'll enjoy 14 months of 0% intro APR on the amount transferred and any purchases made with the card during that 14-month time period. However, it's important to note that you will be charged a one-time balance transfer fee per transfer, equal to 3% of the total amount transferred (so, if you transfer $3,000 then you will be charged a balance transfer fee of $90). To learn more about balance transfers, including the difference between a balance transfer fee and a 0% intro APR, read this blog.

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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