How do you find the interest rate on a Discover card? This question is about Discover Credit Cards

How do you find the interest rate on a Discover card?

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This question is about Discover Credit Cards

WalletHub, Financial Company

@WalletHub • 11/24/22 This answer was first published on 05/22/19 and it was last updated on 11/24/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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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 you reach the department that handles billing or general inquiries. Alternatively, you can send a message to Discover directly through their website. Under “Contact Us”, select either the “Message an Agent” feature or “Send a Secure e-mail” to request your interest rate.

To find out what the interest rate will be on a Discover credit card you’re thinking of applying for, compare Discover card offers online. Under “Regular APR,” you’ll be able to see the possible APRs on each card. There may also be promotional 0% introductory APRs, depending on the card, which are followed by a standard variable APR.

APRs typically come as a range. The actual rate a cardholder receives within that range depends on various factors. They include credit history, income, debt level, and more. Keep in mind that the APR is the annual interest rate on your account. To calculate your daily interest rate, divide the APR by 365 for the number of days in a year.

How to find the interest rate on a Discover card:

Check your statement: Look under the “Interest Charge Calculation” section.
By phone: Call customer service at 1 (800) 347-2683 any time.
Online: Log in to your online account and download a copy of your billing statement. Or, click the “Contact Us” link at the bottom of the page and select “Message an Agent.”

It’s easy to find the interest rate on a Discover card, and there are plenty of methods to do it. Customer service is available 24/7 to help you if you have any trouble.

Answer Question

How 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:

...

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Is there a standard Discover card interest rate?

No, there is no standard Discover Card interest rate; Discover card interest rate can be as low as 16.99% (V) or as high as 27.99% (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). If you have excellent credit, you might get a rate at the low end of the range. But if your credit is just barely good, you’ll probably...

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How much is the Discover minimum payment?

The Discover minimum payment depends on both the type of your credit card, as well as your credit score. If you have a secured credit card or your credit score is less than excellent, the minimum payment is the greater of:

Your entire balance, if it is lower than $20
$20
$15 plus past due amounts
3% of the new balance (plus past-due amounts, but not fees/interest)

If you have...

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