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Established Contributor
cashnocredit
Posts: 1,025
Registered: ‎07-18-2009
0

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so my moniker is, well, rather out of date.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 Siggy15k, Amex Plat (60k H/B), Citi AA EWMC 25k
Frequent Contributor
Boragard
Posts: 307
Registered: ‎10-04-2013
0

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 09/21/2014.




Moderator
09Lexie
Posts: 25,890
Registered: ‎09-13-2012
0

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.
Frequent Contributor
9CLINE
Posts: 382
Registered: ‎05-31-2013
0

Re: Discover offer for 10.99% APR

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

Starting Score: 480 (CK - 5/11)Current Score: 744(EX per Amex 7/14/14)730 (EQ FICO per BB 9/13) 760 (TU per Barclay 8/2/14) Goal Score: 830 (Last app 7/14/14) Gardening till 3/2015 Cards:
Chase Freedom Visa (1,000) My BestBuy (3,000) Citi Simp.Visa (3,700) Chase Slate (4,500) Home Depot (4,500) Barclays World Arrival (5,000) Amex EDP (5,500) Belk (5,500) Discover iT (5,600) JCP Gold Mastercard (6,000) Chase Sapphire (7,000) Amex BCE (10,000)
Valued Contributor
lg8302ch
Posts: 2,787
Registered: ‎11-13-2012
0

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

FICO® EQ 788 (as of today) - TU 767 (09/28) * Fako EX 789 (09/02 - CS) * last app 06/01/14 * INQ last 2 yrs TU: 5, EX: 7, EQ: 7


Move the mouse over the cards for detailed view!..................................................................* Silver Spade Garden Club member *

Valued Contributor
tray
Posts: 1,459
Registered: ‎01-29-2008
0

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
BearsAndTurtlesRtheBest
Posts: 3,552
Registered: ‎10-02-2012
0

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!

$1,000$600
EX FICO---, EQ FICO---, TU FICO 603, Gardening Since 10-05-14
Valued Contributor
creditnocash
Posts: 2,255
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 689 9/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Valued Contributor
parakleet
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
Kenny
Posts: 5,542
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:

Starting Score: EQ04: 748 (1/31/14) - TU08: 755 (1/06/14)
Current Score:EX08:791(10/05) - EQ04:763(8/29) - EQ08:790(10/16) - TU08:808(10/02)
Goal Score: 800+

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