4. Use Rewards at Amazon.com: Amazon is not a sponsor of this promotion. Amazon,

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4. Use Rewards at Amazon.com: Amazon is not a sponsor of this promotion. Amazon, Amazon.com, the Amazon.com logo and the smile logo are registered trademarks of the Amazon.com, Inc. or its affiliates. For complete details on how to Pay with Cashback Bonus at Amazon.com see Amazon.com/Cashback Bonus.

5. Freeze it: When you freeze your account, Discover will not authorize new purchases, cash advances or balance transfers. However, some activity will continue, including bills that merchants mark as recurring, as well as returns, credits, dispute adjustments, payments, Discover protection product fees, other account fees, interest, rewards redemptions and certain other exempted transactions.

6. Free Overnight Card Replacement: Overnight shipping is not available to P.O. boxes or addresses outside the U.S. Carrier overnight shipping limitations apply that may impact the exact delivery date.

7. FICO® Credit Score Terms: Your FICO® Credit Score and key factors are based on data from TransUnion and may be different from other credit scores. This information is intended for and only provided to Primary cardmembers who have an available score. See Discover.com/FICO about the availability of your score. Your score and key factors are available on Discover.com and your score is provided on statements. You will see up to a year of recent scores online starting when you become a cardmember. Discover and other lenders may use different inputs, such as a FICO® Credit Score, other credit scores and more information in credit decisions. This benefit may change or end in the future. FICO is a registered trademark of the Fair Isaac Corporation in the United States and other countries.

If you prefer not to receive your FICO® Credit Score just call us at 1-800-DISCOVER (1-800-347-2683). Please give us two billing cycles to process your request. To learn more, visit Discover.com/FICO.

8. Discover® Identity Alerts: Offered by Discover Bank at no cost, only available online, and currently include the following services: (a) daily monitoring of your Experian® credit report and an alert when a new account is listed on your report; (b) daily monitoring of thousands of risky websites known for revealing personal information and an alert if your Social Security number on is found on such a website. This information is intended for, and only provided to, Primary credit cardmembers whose accounts are open, in good standing and have an email address on file. The Primary cardmember must agree online to receive identity alerts. Identity alert services are based on Experian information and data which may differ from information and data at other credit bureaus. Monitoring your credit report does not impact your credit score. This benefit may change or end in the future. Discover Bank is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. See4. What can happen when you miss your first late payment?

5. What is a “cash advance,” and what is the APR for each of those?

6, Suppose you take out a cash advance of $400. Determine the dollar amount of the fee you would be charged.

7. After the introductory period is over, determine how much it would cost you in interest to carry a balance of $5000 for one day with a 13.24% APR.

8. After missing a payment a second time what will be the late charge?

Explanation / Answer

4. The four thing will happen if you miss your late payment.

a. Your creditor will charge the late fees.

b. Your interest rate will increase..

C the late payemet will be added to your credit report.

d. Your credit score may drop.

5. A cash advance allow you to use your credit card to get a short term loan at Bank or ATM. Its like using a credit card to buy cash rather than goods or material.

The APR can be costly in two ways. First, the interest rate that a credit card charges on the cash advance is much higher than the rate charges on the purchases. Second, the interest on cash advance usually starting accruing immediately.

6. The cash advance fees worry from 10% to 4% depending upon the condition of the bank. So it should be between $40 dollar to $16 if you borrow $400.

8. The consequences remains same which I discussed in point 6. But second will definitely increase rate of interest amount on the delay payment.

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