| Annual
Percentage Rate (APR) for Purchases |
The standard APR,
13.99%
for Discover Platinum;
15.99%
for Discover Classic |
| Other APRs |
Balance Transfers: 0% until the
last day of the billing period ending
during August 2004;* thereafter the
standard APR for purchases
Default Rate: 19.99% or 24.99%*
Cash Advances: Discover Platinum
Card: 20.99%; Discover Classic Card:
22.99% |
| Variable Rate Information |
Your standard APR for purchases may
vary and is determined monthly for
Discover Platinum by adding 9.74% to the
Prime Rate,** and for Discover Classic by
adding 11.74% to the Prime Rate.** |
| Grace Period for Repayment of the
Balance of Purchases |
At least 25 days when you pay your
balance in full each month |
| Method of Computing the Balance for
Purchases |
Two-cycle Average Daily Balance
(including new purchases) |
| Annual Fee: NONE |
Minimum Finance Charge: $.50 |
