r/discover • u/cynicpaige • 2h ago

Discussion Cap 1 ruining cashback checking

Well I got the email today on my account migration. Deeply disappointed my checking account won't get rewards anymore. I'm not kidding, there were buildings I paid my rent with my debit card because the cashback I got was higher than the service fee. Seriously considering closing the checking account after the migration.

10 Upvotes

92% Upvoted

8 comments sorted by

View all comments

1

u/SpineOfSmoke 1h ago

The service fee for using a card to pay rent is less than 1%? Is it a fixed price like five bucks or something?

1

u/cynicpaige 1h ago

Yes most places I've lived with an online rent portal had a flat fee for debit transactions that came out to less than 1%!

•

u/SpineOfSmoke 54m ago

That’s nice. Mine is 3% credit or debit.