https://ficoforums.myfico.com/t5/Credit-Cards/Discover-WM-cash-back/m-p/4509961#M1300631 Question:<BR /><BR />When I use my Discover It at WM, it gives me the option to take cash back. If I do will it go as a purchase with a grace period if PIF or as a cash advance with interest from day 1. I never took it since I don't want to pay interest rather safe than sorry.<BR /><BR />Another question I normally PIF, but a couple months ago I paid 1100 out of a 1200 bill. They tackle $11 or so on interest, which I find ridiculous I thought that only 100 will be subject to interest but they said that if I don't PIF then I lose the grace period and all purchases are subject to interest from day 1 at an average daily balance that was around 600, I mean 11% in a month for not paying 100 more is ridiculous, I will start sticking with my Ring just in case ... Wed, 23 Mar 2016 14:36:56 GMT Kutuzov 2016-03-23T14:36:56Z https://ficoforums.myfico.com/t5/Credit-Cards/Discover-WM-cash-back/m-p/4509961#M1300631 Question:<BR /><BR />When I use my Discover It at WM, it gives me the option to take cash back. If I do will it go as a purchase with a grace period if PIF or as a cash advance with interest from day 1. I never took it since I don't want to pay interest rather safe than sorry.<BR /><BR />Another question I normally PIF, but a couple months ago I paid 1100 out of a 1200 bill. They tackle $11 or so on interest, which I find ridiculous I thought that only 100 will be subject to interest but they said that if I don't PIF then I lose the grace period and all purchases are subject to interest from day 1 at an average daily balance that was around 600, I mean 11% in a month for not paying 100 more is ridiculous, I will start sticking with my Ring just in case ... Wed, 23 Mar 2016 14:36:56 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Discover-WM-cash-back/m-p/4509961#M1300631 Kutuzov 2016-03-23T14:36:56Z https://ficoforums.myfico.com/t5/Credit-Cards/Discover-WM-cash-back/m-p/4510746#M1300913 <BLOCKQUOTE><HR /><a href="https://ficoforums.myfico.com/t5/user/viewprofilepage/user-id/723273">@Kutuzov</a> wrote:<BR />Question:<BR /><BR />When I use my Discover It at WM, it gives me the option to take cash back. If I do will it go as a purchase with a grace period if PIF or as a cash advance with interest from day 1. I never took it since I don't want to pay interest rather safe than sorry.<BR /><BR />Another question I normally PIF, but a couple months ago I paid 1100 out of a 1200 bill. They tackle $11 or so on interest, which I find ridiculous I thought that only 100 will be subject to interest but they said that if I don't PIF then I lose the grace period and all purchases are subject to interest from day 1 at an average daily balance that was around 600, I mean 11% in a month for not paying 100 more is ridiculous, I will start sticking with my Ring just in case ...<HR /></BLOCKQUOTE><P>The feature is called cashover. &nbsp; It is treated like a purchase, so if your purchases would be in a grace period, so would the cashover transaction. &nbsp; It's a very handy feature of Discover.</P><P>&nbsp;</P><P>As for the interest, that is how it works. &nbsp; The full balance must be paid; otherwise, the entire balance is subject to interest. &nbsp; That's how CCCs make their money. &nbsp;<img id="smileysad" class="emoticon emoticon-smileysad" src="https://ficoforums.myfico.com/i/smilies/16x16_smiley-sad.gif" alt="Smiley Sad" title="Smiley Sad" /></P> Wed, 23 Mar 2016 21:40:04 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Discover-WM-cash-back/m-p/4510746#M1300913 SunriseEarth 2016-03-23T21:40:04Z