Q: What are discount points?
A discount point is a fee you pay a lender to reduce the interest rate on a mortgage. Typically, one point equals one percent of the loan amount.
Earn 3x the points on every Rewards credit card purchase through December 31, 2025.
Get detailsQuickly and easily manage your finances with our full menu of online and mobile banking solutions.
See howPlay Banzai, the free financial education program that makes it fun to learn about budgeting, paying for college, saving for a home and paying off debt.
Learn moreA discount point is a fee you pay a lender to reduce the interest rate on a mortgage. Typically, one point equals one percent of the loan amount.