@1_2 wrote:So basically, there isnt any reason for me to activate the Walmart Discover? It could actually lower my score by lower my age of accounts, not to mention the credit limit decrease?
Sorry for the CLD, if this is the best they can do with the upgrade,
I would just let it go and keep the store card.
@1_2 wrote:I was so happy to see the automatic "you've been chosen, blah, bla, bla" I assumed they would increase my limit, even though it was just increased earlier this month and hasnt yet hit any of my credit reports. Now I am seriously considering not activating it at all considering it would lower my over all age of accounts. I just dunno what to do exactly.
Don't beat yourself up over this, from what I have read, the upgrade doesn't have
many perks and I see you already have the real Discover card in your siggy,
many have posted that because of the hit on AAoA and new account ding, would
have declined the offer, Just do what you think is right for you!! Again, best of luck
with whatever you decide
I accepted the offer for two reasons :
1. I only had the store card for 7 mos and the AAOA hit wasn't an issue - plus I have a thick file
2. It would probably help me with keeping the TL. I am not a big fan of WalMart and I would dread each time I had to make my obligatory charge in the store. This way I can use it for a Starbucks reload and show usage
edit: typo
It's a new TL so may as well just app for the card and keep the store card. I would assume you would qualify if they are offering to PC. Would cost 1hp but keep the AAoA rolling on the original TL.
Or app for the discover it.
Or app for the discover it.
@1_2 wrote:Well shoot...I wish I hadn't accepted the offer. I already have a Discover card.
That is exactly the reason I never have or will accept it.
Call GE Credit Solutions for a CLI.