Discover question

Anonymous · ‎09-29-2016

Hey Folks

Can someone tell me if this is a firm offer from Discover? I got an email from them based on the data on my Discover credit scorecard. I have not been able to get in with Discover yet and although these aren't the best terms...I know they can improve in time.

Annual Percentage Rate (APR) for Purchases 0% intro APR for 6 months from date of account opening.
After the intro APR expires, your APR will be 23.24%. This APR will vary with the market based on the Prime Rate.
APR for Balance Transfers 0% intro APR for 6 months from date of first transfer, for transfers under this offer that post to your account by December 10, 2016.
After the intro APR expires, your APR will be 23.24%. This APR will vary with the market based on the Prime Rate.

Thanks

Brian

Anonymous · ‎09-29-2016

It looks like it to me.

darwin_wins · ‎09-29-2016

Yup looks solid, but you may end up getting a low SL just something you should know before you apply. Of course limits will increase as your scores go up and you show Discover that you are using their card regularly.

Anonymous · ‎09-29-2016

I got the email today. I wasn't going to apply for any more credit cards, but I was interested in a free TU fico from somewhere, and it seems like a solid card to have, so I went ahead and gave it a go.. Received a $6,000 credit line, which is almost double my next highest. Not sure of the APR yet.

I'm officially done now. How do I get that spade?

Anonymous · ‎09-30-2016

Congrats Sheridan. Any idea who they pulled and what your score was at the time? Thx.

Anonymous · ‎09-30-2016

@Anonymous wrote:
Congrats Sheridan. Any idea who they pulled and what your score was at the time? Thx.

I believe they pull TU? It's been a while though and I may be wrong...

NRB525 · ‎09-30-2016

@Anonymous wrote:
I got the email today. I wasn't going to apply for any more credit cards, but I was interested in a free TU fico from somewhere, and it seems like a solid card to have, so I went ahead and gave it a go.. Received a $6,000 credit line, which is almost double my next highest. Not sure of the APR yet.

I'm officially done now. How do I get that spade?

Congratulations! Nice starting limit.

The APR is annoying, mine is still at 19 or something, but they are good with promotional purchase APR for a year at 0% again. Mine is on a 0% purchase APR in 2016, makes it convenient for BT management.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765

Anonymous · ‎09-30-2016

Not sure who they pulled, and haven't gotten any alerts from CK or Credit.com. The EX FICO they showed on their scorecard site was 740, but if they used EQ, as the database shows is likely, it's a lot lower, more like 690. Surprised by the limit-was expecting 2-3K. Hopefully, they don't change their mind.

Anonymous · ‎09-30-2016

Discover pulls EQ 99% of the time.

Anonymous · ‎09-30-2016

Finally got logged onto CK-it was having a hard time updating today. EQ it is.