What Is The Over Limit Fee For Discover Card?

Discover customers are charged overlimit fees of $15 on balances up to $500 and $39 on balances over that amount.

The company does not detail how many cards it has outstanding in its financial reports.

Both companies said consumers may be able to continue to use their cards beyond their limits after the policy changes.

What happens if I go over my Discover credit card limit?

Over-the-limit Fees

An over-the-limit fee may be charged if you make a purchase that exceeds your credit limit. You must authorize your credit card to allow you to go over your limit or your issuer cannot charge you this fee.

What is the transaction fee for Discover Card?

The Discover foreign transaction fee is 0%, or $0, on all cards. That means any Discover credit card you apply for now will have no foreign transaction fee, and you won’t be charged extra for making purchases that are processed internationally.

What is the average credit limit for Discover Card?

In general, the average Discover it® cardholder received an initial limit of around $3,000, with higher limits going to those with exceptional credit and/or particularly high incomes.

How do I avoid interest charges on my Discover card?

How do I avoid interest on credit cards?

  • Don’t make purchases, balance transfers or cash advances.
  • Schedule monthly payments for your full statement balance.
  • Use a 0% credit card, and get out of debt before the regular APR kicks in.