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? about cashback and balance transfer

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corradovr6
Contributor

? about cashback and balance transfer

Hello. I was wondering what happens if I purchase some gifts on my discover card to take advantage of online shopping but transfer balance to my 0% intro freedom. Would I lose the cashback eligibility from discover. Thank you.

discover-$27,400 freedom vs-$7,000 credit union-$8,200 Blispay-$I make more money than them Tran-785 Exp-784 Equ-797
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2 REPLIES 2
MarineVietVet
Moderator Emeritus

Re: ? about cashback and balance transfer


@corradovr6 wrote:
Hello. I was wondering what happens if I purchase some gifts on my discover card to take advantage of online shopping but transfer balance to my 0% intro freedom. Would I lose the cashback eligibility from discover. Thank you.

Discover won't care how they get paid. All your cash back benefits will continue as always. At least that is my experience.

Message 2 of 3
takeshi74
Senior Contributor

Re: ? about cashback and balance transfer


@corradovr6 wrote:
Would I lose the cashback eligibility from discover.

No.  As indicated above a BT is effectively a payment.  Cash back eligibility is determined by the purchase -- not by the payment.  If in doubt you can always refer to the terms.

Message 3 of 3
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