Maria Adams, Credit Cards Moderator
@m_adams
No, there is no standard Discover Card interest rate; Discover card interest rate can be as low as 16.49% (V) or as high as 26.49% (V), depending on your credit standing (some Discover offers listed on this page are not currently available on WalletHub and may be out of date).
All of those rates, or APRs, are variable. That means they can change as the overall lending environment does. Some Discover cards’ regular interest rates don’t kick in right away either. In fact, most Discover cards offer 0% introductory APRs on purchases, balance transfers or both. It’s important to know a card’s rates before you apply.
Here are the Discover card interest rates:
- Discover it® Cash Back: 17.49% - 26.49% Variable regular APR. Intro APRs of 0% for 15 months on purchases and 0% for 15 months on balance transfers. 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*.
- Discover it® Chrome: 17.49% - 26.49% Variable regular APR. Intro APRs of 0% for 6 months on purchases and 0% for 18 months on balance transfers. 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*.
- Discover it® Miles: 17.49% - 26.49% Variable regular APR. Intro APRs of 0% for 15 months on purchases and 0% for 15 months on balance transfers. 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*.
- Discover it® Student Cash Back: 16.49% - 25.49% Variable regular APR. Intro APRs of 0% for 6 months on purchases and 10.99% for 6 months on balance transfers. 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*.
- Discover it® Student Chrome: 16.49% - 25.49% Variable regular APR. Intro APRs of 0% for 6 months on purchases and 10.99% for 6 months on balance transfers. 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*.
- Discover it® Secured Credit Card: 26.49% Variable regular APR.
- NHL® Discover it®: 17.49% - 26.49% (V) regular APR. Intro APRs of 0% for 15 months on purchases and 0% for 15 months on balance transfers. 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)* (this offer is not currently available on WalletHub and may be out of date).
There’s one more Discover card APR to take note of, too. Discover’s cash advance APR is 28.49% Variable. If you use your card like a debit card to withdraw cash from an ATM, that APR will apply immediately and compound daily. So, try not to do that if possible.
Popular Credit Cards from Discover, Our Partner
John Kingsley, Member
@parmejohn
There's no such thing, whatever the card. The interest rate you'll get will depend on your score, and just general credit worthiness.
People also ask
How do you find the interest rate on a Discover card?
To find the interest rate on a Discover card, look for the “Interest Charge Calculation” section on your monthly billing statement (electronic or paper). There, you will find the Annual Percentage Rates (APRs) for your account. If you don’t have your monthly statement handy, you can log in to your online account and download/print a copy any time.
You can also call Discover customer service at 1 (800) 347-2683 to find your interest rate. Follow the prompts until...
read full answer by WalletHub, Financial CompanyHow do I get Discover to lower my interest rate?
You can get Discover to lower your interest rate by having your account details ready and calling Discover at (800) 347-2683 or contacting their customer service department through their chat function on their website. Knowing where you stand in terms of your credit score will definitely help negotiations as it's one of the main factors that determines the APR on a credit card.
Here’s how to get Discover to lower your interest rate:
- ...
What is the Discover card penalty APR?
The Discover card has no penalty APR.
What’s even better is that if it’s your first time being late with a payment, you won’t have to pay a late fee. After your first time, you’ll be charged with up to $41.
While this is pretty generous, it should in no way encourage you to make a late payment.
read full answer by Andrew Sutton, MemberDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.
Note that you can get cash back at stores (with purchase) up to $120/day without any cash advance fees, it just shows up as a standard charge. Discover is my favorite card because of their excellent US based customer service. Also, APR-wise you can call Discover and request a lower APR every so often. I've had very good results with them lowering my interest and also raising my limit. Main thing is that they answer the phone 24/7 and say "Hi, this is _____ in Utah or Arizona." Then they help you out and are friendly.