05-24-2010 09:48 AM
FTR -Do not have to carry a balance with Discover to show activity.
No, I just carry a small balance with Discover because they like acitivity.....got done to as of yesterday to 800 wtih CL at 6,500
Activity = using the card during the month
Carrying balance = giving them money in the form of interest that you probably need more than they
The only cards for which I've seen convincing evidence that they sorta reward carrying balances are the bottom-feeder cards. Sure, the others would like to get some free money from you, but it's not necessary. I never carry a balance unless it's on a 0% BT or some other deal that makes sense at the time. (And even then, the BT fee works out to be the equivalent of interest, so that has to be weighed as well.)
I have other things to do with my money!
06-05-2010 10:52 PM
Well they must like it, just logged on my 1 YEAR 1 month ann. auto CLI from 6K to 10K!!!!!!! WHOOOPIE!!! and no hard pull i called the rep she said no sir, you run alot thru the car and make 4 payments amonth of around 4-5k your a A+++ Customer!!! i love my Discover More card, and as an added benefit they are giving me 6 more months of 0% apr!!!! yaya
06-06-2010 12:38 AM
Wait... you are referring to Discover or Macy's?
06-06-2010 01:20 AM - edited 06-06-2010 02:56 AM
Congrats, just beware of their hefty BT fees, imo there are probably better options for bt than Discover.
06-06-2010 08:57 PM
Discover in your response to not carrying a balance on it, i have now 16 months 0 interest
I must have misunderstood, here I thought you were indicating an interest in their BT.
06-07-2010 08:36 PM
oh ya NO love Discover but BT haha no.....BT anywhere for that matter they all are pretty bad, thats why you should PIF or carry tiny balances and PIF as soon as O percent is gone! I do it! never with AMEX but everyone else ya....
06-07-2010 11:37 PM
Hey guys thanks for the info,
Yea i called today to check the update and they told me they have no information of my file yet. maybe its still in processing, since i applied last Friday. the CSR told me if i had applied at the store i could of had a instance decision. next time i will apply instore.
thanks for your inputs.
If a no go, I agree applying in store is the better option, hope it works out for you.
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