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New Member
Redneck2009
Posts: 10
Registered: ‎11-20-2013
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Chase freedom Vs Discover IT

Hello, new to the forums, looking for good advice on my next credit card!

 

I have narrowed it down to two cards, Chase freedom and Discover IT, both have great benefits and great reviews, I just cant narrow it down to which card. I Already have another credit card so I dont want to get both. With christmas around the corner it would be easy to spend 500 bucks with chase to get the 200. However aside from that they seem to be pretty even? any other advice you guys can give me? I'm not a big amazon shopper, i know that seems to be a selling point as well. Please help me!

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Senior Contributor
myjourney
Posts: 26,659
Registered: ‎02-07-2013
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Re: Chase freedom Vs Discover IT


Redneck2009 wrote:

Hello, new to the forums, looking for good advice on my next credit card!

 

I have narrowed it down to two cards, Chase freedom and Discover IT, both have great benefits and great reviews, I just cant narrow it down to which card. I Already have another credit card so I dont want to get both. With christmas around the corner it would be easy to spend 500 bucks with chase to get the 200. However aside from that they seem to be pretty even? any other advice you guys can give me? I'm not a big amazon shopper, i know that seems to be a selling point as well. Please help me!


Welcome to the forum

Both are great cards but due to the current promo on Chase I would lean that way 

But we also need more info on your profile before helping 

INQ's the last year?

Scores?

Other TL's?

Cards and Limits?

Baddies?

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/6/13


New Member
Redneck2009
Posts: 10
Registered: ‎11-20-2013
0

Re: Chase freedom Vs Discover IT

according to credit karma....

 

663 scored, Only because i have a high utilization right now due to recent car problems, vet bills and i bought a laptop on tax free weekend

3 cards (us banks student visa ($1000, $2000 care credit, $1000 best buy credit card)

no baddies, ive been pretty good, I used to have 720 credit report until like i said i did some excessive spending and havent paid the cards back off yet. 88% utilization. other than that, no late payments, no screw ups

 

hope thats enough?

 

 

Community Leader
Senior Contributor
myjourney
Posts: 26,659
Registered: ‎02-07-2013
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Re: Chase freedom Vs Discover IT


Redneck2009 wrote:

according to credit karma....

 

663 scored, Only because i have a high utilization right now due to recent car problems, vet bills and i bought a laptop on tax free weekend

3 cards (us banks student visa ($1000, $2000 care credit, $1000 best buy credit card)

no baddies, ive been pretty good, I used to have 720 credit report until like i said i did some excessive spending and havent paid the cards back off yet. 88% utilization. other than that, no late payments, no screw ups

 

hope thats enough?

 

 


CK scores can be 50 points +/- so don't count on those at all 

With UTL at 88% I wouldn't try for either card IMHO 

Chase is good at recon so that's a plus Discover is not 

If you could pay them down that would help but then you would have to wait on CR's to update 

And I'm just assuming you want the card for holiday shopping? Just a guess tho on my part.

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/6/13


New Member
Redneck2009
Posts: 10
Registered: ‎11-20-2013
0

Re: Chase freedom Vs Discover IT

yes the holiday shopping was definately a perk, thats why i was leaning toward chase was because of the fact you get 200 for spending 500 which during christmas time would be easy to do.

New Member
Redneck2009
Posts: 10
Registered: ‎11-20-2013
0

Re: Chase freedom Vs Discover IT

how long does it take for CR to update?

 

Community Leader
Senior Contributor
myjourney
Posts: 26,659
Registered: ‎02-07-2013
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Re: Chase freedom Vs Discover IT


Redneck2009 wrote:

how long does it take for CR to update?

 


About 2-5 days after statement cuts 

How many INQ's have you had in the last 12 months?

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/6/13


New Member
Redneck2009
Posts: 10
Registered: ‎11-20-2013
0

Re: Chase freedom Vs Discover IT

3

Community Leader
Senior Contributor
myjourney
Posts: 26,659
Registered: ‎02-07-2013
0

Re: Chase freedom Vs Discover IT


Redneck2009 wrote:

3


So the only unknown is the Scores and UTL other than that I would say you would be approved if not for those factors 

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/6/13


New Member
Redneck2009
Posts: 10
Registered: ‎11-20-2013
0

Re: Chase freedom Vs Discover IT

i know my utl. I bought the fico trial so tomorrow I will be able to give you accurate scores... i answered one of the verification questions wrong by accident lol

 

 

ok second half question. IF i am screwed... my gf needs to start establishing credit. shes 20 with no credit history, will she be approved for ither one?


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