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Established Member
Posts: 26
Registered: ‎07-23-2012
0

Discover 9.99% ARP?

[ Edited ]

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.

Capital One Platinum - $5,000 \ Care Credit - $10,000 \ American Express Blue Card - $18,000 \ Chase Sapphire Preferred - $6,000 \ Discover More - $3,000
Established Contributor
Posts: 1,837
Registered: ‎08-20-2012
0

Re: Discover 9.99% ARP?

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

Valued Contributor
Posts: 1,987
Registered: ‎06-25-2012
0

Re: Discover 9.99% ARP?

I think your pre approved for 9.99% for intro apr. I was approved for 2.99% intro apr for 6 months
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Established Contributor
Posts: 667
Registered: ‎06-06-2012
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Re: Discover 9.99% ARP?

Maybe it's a promotional rate?

 

Frequent Contributor
Posts: 402
Registered: ‎09-08-2010
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Re: Discover 9.99% ARP?

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)

Back in the garden!
App free since 23Oct2012 reset to 27Aug13 and reset again 4nov13
Established Member
Posts: 26
Registered: ‎07-23-2012
0

Re: Discover 9.99% ARP?

[ Edited ]

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!

Capital One Platinum - $5,000 \ Care Credit - $10,000 \ American Express Blue Card - $18,000 \ Chase Sapphire Preferred - $6,000 \ Discover More - $3,000
Established Contributor
Posts: 599
Registered: ‎03-10-2012
0

Re: Discover 9.99% ARP?

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.

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New Contributor
Posts: 58
Registered: ‎01-10-2009
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Re: Discover 9.99% ARP?

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

Established Contributor
Posts: 909
Registered: ‎12-25-2010
0

Re: Discover 9.99% ARP?

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...


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Established Member
Posts: 26
Registered: ‎07-23-2012
0

Re: Discover 9.99% ARP?

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.

Capital One Platinum - $5,000 \ Care Credit - $10,000 \ American Express Blue Card - $18,000 \ Chase Sapphire Preferred - $6,000 \ Discover More - $3,000
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