* Intro purchase APR is 0% for 6 months from date of account opening ; then the standard purchase APR applies. Intro Balance Transfer APR is 10.99% for 6 months from date of first transfer, for transfers under this offer that post to your account by December 10, 2017; then the standard purchase APR applies. Standard purchase APR: 13.99% variable to 22.99% variable, based on your creditworthiness. Cash APR:25.99% variable. Variable APRs will vary with the market based on the Prime Rate. Minimum interest charge: If you are charged interest, the charge will be no less than $.50. Cash advance fee: Either $10 or 5% of the amount of each cash advance, whichever is greater. Balance transfer fee: 3% of the amount of each transfer. Annual Fee: None. Rates as of August 31, 2017 . We will apply payments at our discretion, including in a manner most favorable or convenient for us. Each billing period, we will generally apply amounts you pay that exceed the Minimum Payment Due to balances with higher APRs before balances with lower APRs as of the date we credit your payment.

1. This card has an introductory APR of 0%. Credit cards often do this to entice customers.

What will the interest rate be after 6 months and why does it vary?

2. What is the yearly fee for the privilege of having this card?

3. Suppose you have another credit card with a balance of $600 and you want to transfer the

balance to your new Discover It Card. What will the fee be?

9. After receiving your Discover It Card you immediately charge $500 and cannot pay off the balance for three months how much will it cost you to pay off the account if no late fees are charged?

10. After transferring a balance of $800 and the necessary fees have been paid. You are now able to pay off the credit card after one month. How much will it cost you to pay off the account?

11. What is the advantage of having good grades in college when you have a Discover It Student Credit Card?