11-07-2012 11:52 AM - edited 11-07-2012 11:58 AM
I am currently looking to apply for either the Discover More or Chase Sapphire Preffered card in about a week or so. Every now and then I like to see what I am "pre-approved" for on discover to compare rates and such. Well today I noticed that am "pre-approved" for 9.99% apr., now is it a typo or a mistake because on the website I see that their apr normally ranges from 10.99%-19.99%. Has anyone else received this offer? About a month ago I was offered 14.99% so I wasn't sure if this was a legit offer or perhaps a system mistake.
11-07-2012 12:08 PM
11-07-2012 12:17 PM
yes, i think it may be a promo rate, mine was 0% for 15 months I think (since I PIF I don't really remember what it will change to)
11-07-2012 03:27 PM - edited 11-07-2012 03:28 PM
It states the following if it helps..
Again I was just confused as I thought their lowest APR was 10.99%, perhaps it is a targeted offer? If it is legit it looks like a wonderful offer!
11-07-2012 03:29 PM
targeted offers are usually never quite the same as what you'll see on the website going for a cold app. And that is a great offer.
11-07-2012 04:16 PM
I think they have been lowering their APRs lately, mine was lowered last month from 11% to 9% and they sent me an email
Disclosure to inform me of the change...
11-08-2012 09:14 AM
I have no idea what the cash advanced rate would be but it isn't too much of a concern due to that fact that I have never used that feature in the past. I just might accept this offer as it seems really fantastic. From what I have heard Discover is a good card to cary.