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Valued Contributor
Posts: 1,486
Registered: ‎08-14-2011
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Store Card Question

Yet another question I have purely out of curiousity.  A lot of stores offer some kind of discount on your first purchase if you sign up for their card.  What do these stores do if your application gets denied but they have already given you the discount?  Do they go back and apply the discounted amount to your debit/credit card?  What if you paid in cash?

In My Wallet:
AMEX BCE, Citi Forward, Chase Freedom

In My Sockdrawer:
AMEX Clear, Citi Platinum Select, US Bank Platinum, J.Crew
New Contributor
Posts: 91
Registered: ‎10-11-2010
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Re: Store Card Question

They will only give you the discount if you apply and are approved, in the case that you are approved, you have to pay with the new card to get the discount, otherwise no discount.

Valued Contributor
Posts: 1,486
Registered: ‎08-14-2011
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Re: Store Card Question


nelsondavidd wrote:

They will only give you the discount if you apply and are approved, in the case that you are approved, you have to pay with the new card to get the discount, otherwise no discount.



So the cashier gets an instant approval/denial? 

In My Wallet:
AMEX BCE, Citi Forward, Chase Freedom

In My Sockdrawer:
AMEX Clear, Citi Platinum Select, US Bank Platinum, J.Crew
Frequent Contributor
Posts: 474
Registered: ‎09-12-2010
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Re: Store Card Question

usually or instead of saying you were denied they will tell you that you will receive a letter from them in 7-10 business days lol and then pay with another payment method

FICO scores - 727 TU(Walmart)/ 727 EX(Amex app)/ 721 EQ(Discover app)
In My Wallet: BankAmericard Cash Rewards($2,000), Discover More($3,000), Chase Freedom($2,000), Fidelity Amex($1,000), Sam's Club Discover($4,400), SallieMae 5% Mastercard($5,000), Amex BCE($2,000) ,Citi Simplicity($2,000), Paypal SmartConnect($3,100), Walmart Store Card($2,350), Chase Amazon Visa($700), Target RedCard($500), Capital One Cash Rewards($750), Best Buy Store Card($1,900), HHGregg($2,000), Amazon Store Card($1,250),Newegg Preferred Account($2,000), Park West($2,000), BankAmericard Travel Rewards($5,000)
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