10-01-2012 06:30 AM
10-01-2012 06:38 AM
I'm not planning to pay any interest.
Pretty sure I can sign up for the 5% cashback too...
Sorry, but according to the Motiva FAQ, the only way to earn 5% back with the Motiva card is through ShopDiscover and through the Pay-On-Time bonus when you are charged interest.
What is the 5% Pay-On-Time Bonus®?
Pay-On-Time Bonus® is a type of Cashback Bonus® that you earn for making your payments on time. Each time you pay at least the Minimum Payment Due by the Payment Due Date, you'll earn 5% of your interest charges as a Cashback Bonus. If your payment is late, you pay less than the Minimum Payment Due (or make no payment at all), or your payment is returned unpaid, you will not earn a Pay-On-Time Bonus. The amount of your Pay-On-Time Bonus will be included on your statement in the Cashback Bonus Summary section, along with any Cashback Bonus you may have earned on purchases.
Are there other ways I can earn Cashback Bonus?
In addition to your Pay-On-Time Bonus®, you can earn Cashback Bonus® by using your Discover® Motiva cardSM for all your purchases.
You can earn 5% to 20% Cashback Bonus at top online retailers through our exclusive online shopping mall.
Get up to 1% Cashback Bonus on all of your purchases.
As far as I can tell, if you pay no interest, you don't get the 5% Pay-On-Time bonus. However, you may still be able to product-change to the More or It card if you decide you want the 5% quarterly bonus categories.
10-01-2012 06:48 AM
10-01-2012 07:37 AM
Congrats! Discover is a great card to carry in your wallet!
10-01-2012 08:00 AM
10-01-2012 09:00 AM
@ youngandcreditwrthy. So they approved you with a freeze on your credit reports? I just read a previous tread that you was approved for a AmEX card today with the freeze on your reports.
11-15-2012 04:37 PM
Congrats on your approval. I want this card too
11-15-2012 06:11 PM
Instant approval! Idk like CL yet, but Im so amazed!!!
I got 0% for 15 mos on purchases and transfers!!!!! Wooowwwww!!!!!!
Ive spent years building my credit to get this!!! Bout to try to find the approval line number to find credit line!!!!
You guys have helped me so much!!
Oh my, I felt something tingling up my leg while thinking about Discover Card.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.