Credit Cards

[Alpha43]

Greetings everyone,

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.

[Cadillac-XTS]

Good luck on your approval for the Discover More or Chase Sapphire Preffered cc.

[jsickz32]

I think your pre approved for 9.99% for intro apr. I was approved for 2.99% intro apr for 6 months

[compassion101]

Maybe it's a promotional rate?

[codimom]

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)

[Alpha43]

It states the following if it helps..

• 0.00% Intro Purchase APR
• 15 Months Intro Purchase APR Duration then Purchase APR
• 0.00% Intro Balance Transfer APR Transaction Fees Apply *
• 15 Months Intro Balance Transfer APR Duration then Purchase APR
• 9.99% Purchase APR* No Annual Fee
• $100 Cashback Bonus for spending $1000 in your first 3 months

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!

[YahComb]

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.

[Benton]

Good purchase APR but, what is the regular cash advance APR?

[JonStur]

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...

[Alpha43]

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.