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Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: Should i Close discover it??

[ Edited ]

I cant believe we have to explain to a member that Discover is a keeper...........................

 

There are members getting declined left and right for this card and would trade all their subprimes for it!!!!!! Smiley Indifferent

 

ken_chenault222.jpg




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
Posts: 27,207
Registered: ‎09-13-2012
0

Re: Should i Close discover it??

+1

It costs you nothing to keep it open. The plus is simple, low CL or not its still an open CL and since you won't use it- it can only help your util.

Frequent Contributor
Posts: 293
Registered: ‎06-05-2011
0

Re: Should i Close discover it??

[ Edited ]

LS2982 wrote:

I cant believe we have to explain to a member that Discover is a keeper...........................

 

There are members getting declined left and right for this card and would trade all their subprimes for it!!!!!! Smiley Indifferent

 

[img]




It amazes me how much Discover's CEO looks like the exact guy I would imagine being CEO of Discover.

 

Scores: TU - 761 (Discover FICO - 6/30/2015), EQ - 775 (Citi FICO - 6/23/2015)
Current Cards: Amex BCE - 10k, NFCU cashRewards Sig - 8k, Discover It - 7k, Citi Dividend WE- 6.5k, Chase Freedom - 4k
Last App: 6/10/2014. In the garden for a few years.
Super Contributor
Posts: 5,896
Registered: ‎12-11-2011
0

Re: Should i Close discover it??

Think about it. Both freedom and IT have 5% gas quarters that dont overlap (afaik)

That gives you 6 months of 5% back on gas as opposed to 3.even if you just use it for that its a keeper.
;
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: Should i Close discover it??


JollehRoger wrote:

LS2982 wrote:

I cant believe we have to explain to a member that Discover is a keeper...........................

 

There are members getting declined left and right for this card and would trade all their subprimes for it!!!!!! Smiley Indifferent

 

[img]




It amazes me how much Discover's CEO looks like the exact guy I would imagine being CEO of Discover.

 


DudE looks like he plays on the New York Rangers LMAO!!!

 

Only with a full set of teeth!!




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
Posts: 27,207
Registered: ‎09-13-2012
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Re: Should i Close discover it??

Valued Contributor
Posts: 3,406
Registered: ‎12-19-2012
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Re: Should i Close discover it??

Definitely keep it to maximize your rewards.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
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Valued Contributor
Posts: 1,414
Registered: ‎01-14-2009
0

Re: Should i Close discover it??

[ Edited ]

You most definitely should keep your Discover card open. I'm surprised that you're actually considering closing it. Discover's online shopping portal, ShopDiscover, alone makes it worth it to have a Discover card.

Epic Contributor
Posts: 25,600
Registered: ‎10-23-2007
0

Re: Should i Close discover it??

What is limit of the Discover compared to these other cards and why does 3, 4 or 5 mean you can't have or keep the Discover?

Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
95 Cards and Counting Smiley Tongue
Regular Contributor
Posts: 153
Registered: ‎03-09-2013
0

Re: Should i Close discover it??

Actually you can use your DISCOVER IT card to get cash back amongst its retailers.

Apple offers 5% cash back.

I have 0% apr on balance transfer for 12 months on the recently pc'ed IT card. So I'll can tranfer the balance to my discover and pay it in my spare time.

(Remember the 5-20% cash back subject to the cap at the retailers Smiley Wink )

 

 



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