Credit Cards Center Credit cards from our partners
Reply
New Member
Posts: 10
Registered: ‎11-20-2013
0

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!

Community Leader
Senior Contributor
Posts: 27,621
Registered: ‎02-07-2013
0

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?

+ Chase ink =




New Member
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
Posts: 27,621
Registered: ‎02-07-2013
0

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.

+ Chase ink =




New Member
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
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
Posts: 27,621
Registered: ‎02-07-2013
0

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?

+ Chase ink =




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

Re: Chase freedom Vs Discover IT

3

Community Leader
Senior Contributor
Posts: 27,621
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 

+ Chase ink =




New Member
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?

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.