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Posts: 19
Registered: ‎03-05-2013
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Re: Walmart Discover soon to be MC

I was just approved for this card. Can someone explain this to me?

Discover Student Card CL $2000 Wal-mart Discover Card CL $1600 Amazon Store Card CL $800 Playstation Capital One Card CL $300 Macy's Store Card $100
Established Contributor
Posts: 973
Registered: ‎10-07-2013
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Re: Walmart Discover soon to be MC


Codert777 wrote:

I was just approved for this card. Can someone explain this to me?


If you were just approved for the Walmart store-only card, there is no drastic change.

 

If you were approved for the Discover, or "Dual Card", then you may receive a card with the Discover card initially, but on August 22nd the rewards structure will change to the new structure, and shortly after that you will receive a new card with the Mastercard logo, Mastercard number. Upon activation of the new Mastercard, the WM Discover will be closed. If you don't activate the new Mastercard, at some point the old Discover card will stop working. (I forget that date, but it's within a few months)

I was going to garden... Honest!
Valued Contributor
Posts: 1,419
Registered: ‎01-14-2009
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Re: Walmart Discover soon to be MC

I hope this doesn't result in a new tradeline.

Regular Contributor
Posts: 195
Registered: ‎11-07-2007
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Re: Walmart Discover soon to be MC

Just got the e-mail from Walmart today notifying me of the upcoming change.

 

If it's a new tradeline I would be very unhappy (especially if it puts a hard pull on your report or something).

 

Does anyone know if this will be affecting the free TU FICO that the we get?  That's pretty much the only reason I signed up for this card.

Walmart Discover TU08 FICO 08/06/15: 799 PSECU EX V2 FICO 08/08/15: 768 AMEX EX08 FICO 06/20/15: 807
Established Contributor
Posts: 732
Registered: ‎06-06-2012
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Re: Walmart Discover soon to be MC

Anyone know if we can still withdraw the $100 cash per trip at Walmart without cash advance fees?

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Valued Contributor
Posts: 2,806
Registered: ‎07-24-2013
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Re: Walmart Discover soon to be MC


iDShaDoW wrote:

Just got the e-mail from Walmart today notifying me of the upcoming change.

 

If it's a new tradeline I would be very unhappy (especially if it puts a hard pull on your report or something).

 

Does anyone know if this will be affecting the free TU FICO that the we get?  That's pretty much the only reason I signed up for this card.


It's definitely be a new TL which totally blows... but they won't be doing a hard pull at all. You'll still be able to get the free FICO, so at least we still have that.

MyFico: EX 778 EQ 787 TU 792 Diners Club WEMC 15k Chase United Club Sig 15k | JP Morgan Ritz Carlton Sig 5k | Freedom Sig 5.4k | CSP Sig 5k | Marriott Premier Sig 6k Citi Exec AA WEMC 11k | TYP Sig 5k | Hilton Reserve Sig BofA Trav Rwds Sig 10k | Cash Rwds Sig 10k | Merrill+ Sig 10k Barclay Rwds WMC 5.4k | Hawaiian Air WEMC 10k | Aviator Silver WEMC 6k Amex PRG: NPSL | SPG 3k | Costco 1.2k WF Rwds Sig 9k | Propel World Amex 2.5k | Dillards Amex 2k BBVA NBA Amex 10k Cap1 GM WEMC 8k | QS Visa 3k NASA 30k Discover It 3.4k | US Bank Plat 300 | Total Rwds Sig 9k | SG Rwds 9.3k | Walmart MC 6k | Lowe's 17k | Jared 7.6k | Kay 7.6k |McCoys 3k | J Deere 5k | Care Credit 7.6k | Home Depot 14k | Amazon 5k | PayPal SC 5k | Chevron 2.5k | Macy's 1.5k | J Crew 17.35k | +3 Cards
Valued Contributor
Posts: 12,954
Registered: ‎08-13-2013
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Re: Walmart Discover soon to be MC


One7 wrote:

iDShaDoW wrote:

Just got the e-mail from Walmart today notifying me of the upcoming change.

 

If it's a new tradeline I would be very unhappy (especially if it puts a hard pull on your report or something).

 

Does anyone know if this will be affecting the free TU FICO that the we get?  That's pretty much the only reason I signed up for this card.


It's definitely be a new TL which totally blows... but they won't be doing a hard pull at all. You'll still be able to get the free FICO, so at least we still have that.


What makes you say that ???? Do you know that for sure ???

Old user name newportguy*** Current Score: myFico EQ - 830 (05/16/2015) Discover TU Fico - 832 (07/03/2015) EX Fico - 821 ( 05/01/2015 ) ******* Amex - BCP 10 K * Discover - IT 16.5 K * U.S. Bank Cash + Visa Signature 10.3 K * PenFed - Cash Rewards 5 K * Amex - GDSM 5 K ******FICO 800 Club Member ******* EQ 830 *** TU 832 *** EX 821 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 830's Scores ******
Established Contributor
Posts: 932
Registered: ‎08-17-2007
0

Re: Walmart Discover soon to be MC

I really, really don't want this change to affect my AAoA!!

 

Back in 2010 a lot of us waged battle with Kroger when the 123 card  changed banks (from RSB to US Bank) and  replacement card reported as new line. 

 

After 6 months+ of ongoing emails, calls etc  the battle was won and the new card reported with original open date.

 

I'd like to think Walmart would report with original date but I'm not overly optimistic! 

 

I just hate getting hit with new trade line when I'm not doing any applying at all!!!!!!!

FICOS: TU 720(05-15-15) EQ '08 736( 05-17-15) EX 712 (05-15-15)
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