When we evaluate your creditworthiness, we consider all the information you provide on your application, your credit report, and other information. You must meet other applicable underwriting criteria. If you have a credit score, we may use that in our evaluation.īased on the preceding 12 months of Discover Student credit card application data, applicants without a credit score may qualify. No purchase minimums.īased on 2022 Discover it Secured credit card application data, applicants without a credit score may qualify. This promotional offer may not be available in the future and is exclusively for new cardmembers. We will not match: rewards that are processed after your match period ends statement credits rewards transfers from Discover checking or other deposit accounts or rewards for accounts that are closed. You've earned cash back rewards only when they're processed, which may be after the transaction date. We'll match all the cash back rewards you've earned on your credit card from the day your new account is approved through your first 12 consecutive billing periods or 365 days, whichever is longer, and add it to your rewards account within two billing periods. If you close your account and pay in full, we'll return your deposit within two billing cycles plus ten days.Ĭashback Match: Only from Discover, as of June 2023. We typically process your refund in 2-3 business days based on your delivery preference. Monthly reviews may be delayed if you change your payment due date. "Good status" means: (1) your credit report shows no delinquencies, charge-offs, repossessions, or bankruptcies for the six months prior to our review and (2) your Discover secured card is not in a prohibited status at the time of our review, including, but not limited to: closed, revoked, suspended, subject to tax levy, garnishment, deceased, lost/stolen, or fraud. We will refund your security deposit if you have made all payments on time for the last six consecutive billing cycles on all your Discover accounts including any loans, and you've remained in "good status" on all credit accounts you are responsible for whether they are Discover accounts or not. Getting your deposit back: Monthly reviews start your seventh month as a customer. Late payments, delinquencies or other derogatory activity with your other credit card accounts and loans may adversely impact your ability to build credit. Discover will determine your maximum credit limit by your income and ability to pay.īuilds credit with responsible use: Discover reports your credit history to the three major credit bureaus so it can help build your credit if used responsibly. Minimum Security Deposit: You must make a minimum security deposit of $200 (or more, in increments of $100 up to $2,500), which will equal your requested credit limit. Learn more at /digitalwallets. See Cashback Bonus Program Terms and Conditions for more information. Certain third-party payment accounts and digital wallet transactions may not earn 2% if the technology does not provide sufficient transaction details or a qualifying MCC. Discover Card does not assign MCCs to merchants. Merchants and payment processors are assigned an MCC based on their typical products and services. Even if a purchase appears to fit in a 2% category, the merchant may not have a merchant category code (MCC) in that category. Rewards are added to your account within two billing periods. For online purchases, the transaction date from the merchant may be the date when the item ships. To qualify for 2%, the purchase transaction date must be before or on the last day of the offer or promotion. Purchases must be made with merchants in the U.S. Restaurant purchases include those made at merchants classified as full-service restaurants, cafes, cafeterias, fast-food locations, and restaurant delivery services. Gas Stations affiliated with supermarkets, supercenters, and wholesale clubs may not be eligible. Gas Station purchases include those made at merchants classified as places that sell automotive gasoline that can be bought at the pump or inside the station. Purchases at Gas Stations and Restaurants over the quarterly cap, and all other purchases, earn 1% cash back. Calendar quarters begin January 1, April 1, July 1, and October 1. †† You earn a full 2% Cashback Bonus ® on your first $1000 in combined purchases at Gas Stations (stand-alone), and Restaurants each calendar quarter.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |