Reply
Established Contributor
lithium78
Posts: 929
Registered: ‎07-30-2011
0

Discover is really good

I just called Discover to ask them about possibly getting an interest rate reduction.  My rate is 22.9%, because back when I applied a couple of years ago I didn't have the best credit.  They weren't able to give me a permanent reduction at this time, but they did offer me six months at 1.9%, which was nice of them.  They said that they would put a note on my account and the next time they update they could look into a permanent reduction of some type.

 

I love doing business with Discover.  They are a really good company.


Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

Take the FICO Fitness Challenge
Moderator
09Lexie
Posts: 24,915
Registered: ‎09-13-2012
0

Re: Discover is really good

That's great! I like a company who appreciates a good customer. 

Frequent Contributor
LionLaw
Posts: 258
Registered: ‎06-10-2012
0

Re: Discover is really good

I did the same thing. Asked for an APR reduction in July; I couldn't get a permanent reduction, but I got a 6-month promo rate. Called again when that expired, and got my permanent APR reduced by 2 points. I never carry a balance on my Discover, but I still want to get my rate as low as possible, in case I ever have to.

Starting Score: 617 (EQ 6/10/12)
Current Score (8/28/13): EQ: 691 EX: 706 TU: 700
Goal Score: 700

Discover it $4,500 (02/2001); Amex PRG (Backdated to 01/2006); Amex ZYNC (Backdated to 07/2006); Wells Fargo Cash Back Visa $5,500 (12/2011); Citi Diamond Preferred MC $2,000 (07/2012); B of A Cash Rewards Visa Signature $5,000 (02/2013)

Moderator
09Lexie
Posts: 24,915
Registered: ‎09-13-2012
0

Re: Discover is really good


LionLaw wrote:
I did the same thing. Asked for an APR reduction in July; I couldn't get a permanent reduction, but I got a 6-month promo rate. Called again when that expired, and got my permanent APR reduced by 2 points. I never carry a balance on my Discover, but I still want to get my rate as low as possible, in case I ever have to.

Any HP's ? 

Frequent Contributor
LionLaw
Posts: 258
Registered: ‎06-10-2012
0

Re: Discover is really good

Nope, no HPs

Starting Score: 617 (EQ 6/10/12)
Current Score (8/28/13): EQ: 691 EX: 706 TU: 700
Goal Score: 700

Discover it $4,500 (02/2001); Amex PRG (Backdated to 01/2006); Amex ZYNC (Backdated to 07/2006); Wells Fargo Cash Back Visa $5,500 (12/2011); Citi Diamond Preferred MC $2,000 (07/2012); B of A Cash Rewards Visa Signature $5,000 (02/2013)

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Discover is really good

Thats great!

I wouldnt mind asking myself but I always PIF on that card.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Moderator
09Lexie
Posts: 24,915
Registered: ‎09-13-2012
0

Re: Discover is really good

That's excellent news! I'm still in the promo period but I will file this info away. 

Valued Contributor
Epcot
Posts: 2,784
Registered: ‎10-10-2012
0

Re: Discover is really good

Even temporary, that's a sweet reduction in APR, Congrats!

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 809 EX 774 TU 805
App free since 4/11/13

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+