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Valued Contributor
Posts: 1,182
Registered: ‎07-18-2009
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Discover offer for 10.99% APR

Looking through my junk mail and saw an offer for Discover It with a 10.99% APR, 15mo 0%

Lots of good features, no penalty APR, one free late, 0 foreign exchange, etc.

Since this is a 0 AF card it looks pretty attractive!

Anyone know what sorts of CLs they give initially.

 

 


I have reestablished credit over the last couple years
so my moniker is, well, rather out of date.

WM Discover $1800, WF Plat 12k, Chase Freedom Siggy18k, Amex Plat (60k H/B), Citi AA EWMC 25k
Frequent Contributor
Posts: 417
Registered: ‎10-04-2013
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Re: Discover offer for 10.99% APR

I say go for it.  I applied for IT last Friday and got my card Wednesday.  My credit is less than perfect with a FICO from Experian of 638, and I was approved for $2400.  It is my highest limit to date.  Furthermore, since my credit was not great I didn't get an attractive bonus of 0% for any amount of time and my APR is 22.9%  So if you can get it at those rates I say try it out, I'm still shocked I was approved and its my highest limit across all my cards.

Garden Start 04/12/2015. photo costcoamexchip_zps3a781f9d.png photo greenemv_zps23c675fd.jpg photo chaseemv_zpsed238ae0.jpg photo doublecash_zps3421657b.jpg photo bankamericard_zps1caf2fc1.png photo arrival_zps66de46b3.jpg
Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: Discover offer for 10.99% APR

Good question. I think we are still trying to figure out Discover's initial cl policy.

They do allow for cli's after 90 days which is nice and they will tell you if a hp is needed.

I started off at $2500, 3 mos later received an auto Cli to $3300 and last week received a Cli to $7300. Card was opened in Jan.
Established Contributor
Posts: 861
Registered: ‎05-31-2013
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Re: Discover offer for 10.99% APR

I would go for it too... that is one hell of a offer....

Current Score:EQ-748 TU-762 EX-754 Cards:Lowes-25,000 AmexEDP-15,000 Discover iT-10,100 AmexBCE-10,000 JCP Mastercard-10,000 Sapphire-6,000 Macys Amex-6,000 Belk-5,500 Barclay World Arrival-5,400 Simplicity-5,100 Home Depot-4,500 Slate-3,500 Freedom-3,000 BestBuy-3,000 Macys-2,500
Community Leader
Senior Contributor
Posts: 4,636
Registered: ‎11-13-2012
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Re: Discover offer for 10.99% APR

I got my Discover in December at pretty much the same time as Amex. Discover gave me a CL of 2,5K and I used it heavily in the past and always PIF but no CLI so far. While Amex is now at 25K... so it is quite a lottery with them for starting limit :smileyhappy: ...but card is very nice and customer service great...if not for CLI...LOL

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Last app 01/15/2015
Valued Contributor
Posts: 1,540
Registered: ‎01-29-2008
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Re: Discover offer for 10.99% APR

Ditto... very nice offer from Discover nice apr along with 0% intro period, I would go for that offer with no hesitation, good luck if you go for it!!!!


Starting Score: EQ 546 TU 566
Current Score: EQ 693TU 08 729 EX 08 738Need to Garden/New Accounts
Goal Score: 800
Senior Contributor
Posts: 3,909
Registered: ‎10-02-2012
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Re: Discover offer for 10.99% APR

that gold spade in nice looking tho......they better provide you with a good initial CL keep us posted and GL!

Valued Contributor
Posts: 2,280
Registered: ‎07-23-2012
0

Re: Discover offer for 10.99% APR

i got several offers from discover. 

i pulled the plug. 

 

got a 2500 limit, with a 0% on bt for 18 months, 6 months 0% on purchases, but i asked for that offer 

chatted with a rep for it. 

 

my offer said 10.99 and i got 15.99 after promo. 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Valued Contributor
Posts: 1,145
Registered: ‎04-13-2013
0

Re: Discover offer for 10.99% APR

Congrats!

Gardening since 7/16/14
Current: EQ 711 7/13/14; EX 724 TU 721 6/19/14
Goal: 760+
Moderator
Posts: 7,951
Registered: ‎01-15-2009
0

Re: Discover offer for 10.99% APR


09Lexie wrote:
Good question. I think we are still trying to figure out Discover's initial cl policy.

They do allow for cli's after 90 days which is nice and they will tell you if a hp is needed.

I started off at $2500, 3 mos later received an auto Cli to $3300 and last week received a Cli to $7300. Card was opened in Jan.

WOW, I've had mine for 5 years and I didn't know that you I could be increasing mine this quickly! I just got to 8k this year, but I've stayed at 2k for 4 out of the 5 years! LOL

 

Thanks Lexie for this input.. makes me realize that I need to be more organized and on the ball with asking for CLIs! :smileyhappy:

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