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(iv) Obtain cash-over from participating merchants.

(b) Foreign Transactions

If you make a purchase or withdraw cash using your Debit Card 

in a foreign currency, we will convert it to U.S. dollars using 

conversion rates sourced from one of the following methods: 

a government-mandated rate, a government-published rate or 

an interbank or wholesale exchange rate, depending on the 

country and currency in which the transaction is made.

We use the rate in effect on the conversion date for the 

transaction. This rate may be different than the rate in effect 

on the transaction date. “Interbank or wholesale exchange 

rate” means the foreign exchange rate that banks charge each 

other when buying and selling currencies.

(c) ATM Fees

We will not charge a fee for using an out of network ATM. 

However, when you initiate a transaction with your Debit 

Card at an ATM not owned by us, you may be charged a fee by 

the ATM operator or any network used for your transaction, 

including balance inquiries.

(d) Debit Card Limits

•  The daily combined POS purchase limit using your Debit 

Card is the lesser of $5,000, or your available balance. For 

new customers who open an account on or after August 18, 

2018, the daily combined POS purchase limit is the lesser of 

$2,500, or your available balance.

•   The daily ATM withdrawal limit for each Account is the lesser 

of $510 or your available balance. When you use an ATM not 

owned by us, you may be subject to other daily limits set by 

the ATM operator.

•   These Debit Card transaction limits are in addition to 

the limits set forth in Section 11 of this Agreement. For 

security reasons, there may be limits on the number of ATM 

withdrawals using your Debit Card.

•  I n addition, we reserve the right to decline any Debit Card 

transaction if we suspect fraud, account takeover, possible 

illegal activity or any other unusual activity affecting your 

Account.

(e)  Personal Identification Number (PIN)

You may activate your Debit Card and create or change your 

PIN online through the Account Center or by calling our 

automated system. You should protect your PIN as you would 

your Debit Card.

(f) Freeze Debit Card

You may request that Discover freeze your debit card, which 

means that new purchases (in-store, online, mobile or phone) 

and ATM transactions will not be authorized, allowed or 

processed with the debit card you have frozen. If more than 

one debit card has been issued to access your Account, 

such as a joint accountholder debit card, only the debit 

card you have identified will be frozen.  All other debit cards 

issued to access your Account will continue to be available 

for transactions. Freezing your debit card will not stop bill 

payments, transactions that merchants have marked as 

recurring, returns, deposits, dispute adjustments, internal or 

external transfers, reward redemptions, or checks. You may 

freeze your debit card by visiting the Account Center, or calling 

customer service.

(14) FUND TRANSFERS

(a) Internal Transfers Between Discover Accounts 

Accountholders can transfer funds between their deposit 

Accounts (excluding CDs), or transfer funds from such 

Accounts to fund a new Account. We may require a written 

request for an internal transfer to close one Account and open 

another with new Accountholders or if at any time the validity 

of a transaction is in question. Internal transfers scheduled for 

the same day are processed immediately. Internal transfers 

scheduled for the next Business Day or later are processed at 

the beginning of the scheduled transfer date. 

(b) Wire Transfers

(i) Incoming Wire Transfers

Please contact us at 1-800-347-7000 for wire transfer 

instructions as certain incoming wire transfers are 

processed through an intermediary bank. Wire transfers 

received before 4pm Eastern Time are posted to your 

Account on the Business Day we receive them. Wire 

transfers received after 4pm Eastern Time are posted to 

your Account on the next Business Day, with an effective 

date of the Business Day the funds were received. In some 

circumstances, a wire transfer may require additional 

processing time and will be posted to your Account upon 

completion of processing, with an effective date of the 

Business Day the funds were received. A wire transfer that 

does not comply with applicable law will not be processed 

and will be returned. Funds from incoming wire transfers 

are made available as set forth in Section 15(b)(i). For 

international wire transfers received in a foreign currency, 

the funds will be converted to U.S. dollars at a currency 

exchange rate determined by intermediary banks and that 

exchange rate will determine the amount received by us.

(ii) Outgoing Wire Transfers

Outgoing wire transfers from your Account to another 

financial institution may be made upon request by 

completing the Discover Wire Transfer Form. All requests 

must include the receiving Accountholder and receiving 

bank information, as required on our form. You will be 

assessed an Outgoing Wire Transfer Fee for each outgoing 

wire transfer you initiate (not applicable to IRA CDs). 

(a)  We reserve the right to verify or authenticate any 

request for a wire transfer or any information 

you provided to us on the Discover Wire Transfer 

Form and to refuse to honor any request if we, in 

good faith, are unable to verify that the individual 

requesting such transfer has the authority to do 

so or we detect any other unusual activity of the 

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