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Discover Lowers BT Rate

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Anonymous
Not applicable

Discover Lowers BT Rate

PSA: Got this in my email;

 

Good news! We are excited to let you know about a fee reduction on your Discover® card account.

What is changing

If you take a Balance Transfer, the new maximum Fee has been lowered from 5% to 3% of the amount of each transfer.

New account terms

Beginning May 6, 2016, the following replaces the Balance Transfer Fees section of your Pricing Schedule: 3% of the amount of each transfer.

 

Message 1 of 4
3 REPLIES 3
Closingracer99
Valued Contributor

Re: Discover Lowers BT Rate


@Anonymous wrote:

PSA: Got this in my email;

 

Good news! We are excited to let you know about a fee reduction on your Discover® card account.

What is changing

If you take a Balance Transfer, the new maximum Fee has been lowered from 5% to 3% of the amount of each transfer.

New account terms

Beginning May 6, 2016, the following replaces the Balance Transfer Fees section of your Pricing Schedule: 3% of the amount of each transfer.

 


It has always been 3% for me i believe?


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EX: 744, TU:750, EQ: 740
Message 2 of 4
dragontears
Senior Contributor

Re: Discover Lowers BT Rate

mine is currently 3% but I never paid any attention to it before so don't know if they lowered it or not

Message 3 of 4
Anonymous
Not applicable

Re: Discover Lowers BT Rate

Mine has always been 3% for the 0% APR offer and 0% for the 4.99% APR offer
Message 4 of 4
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