The Discover it Student chrome minimum payment is $20, $15 plus past due amounts, or 3% of the statement balance plus past due amounts – whichever is higher. If the statement balance is less than $20, the Discover it Student chrome minimum payment will be equal to the balance. In addition, if you recently missed a payment or exceeded your credit limit, Discover may add a late fee or the overlimit amount to your minimum payment.
The minimum payment is the smallest amount you’re obligated to pay by the due date for your Discover it Student chrome account to be in good standing. Failure to pay by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.
Your Discover it Student Chrome minimum payment is the greater of:
2% of the full balance,
$20 plus new interest and late fees.
That is the smallest amount you can pay on your credit card bill to avoid late fees and remain in good standing.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.