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Wells possibly to buy Discover?

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Hammer23
Frequent Contributor

Wells possibly to buy Discover?

Your thoughts?

 

http://www.forbes.com/sites/greatspeculations/2012/09/11/wells-fargo-discover-a-deal-waiting-to-mate...

WF Home Projects Visa $8500 / Towpath CU Visa $7000 / Chase Freedom Visa $5500 / Cap 1 QS Visa Sig $5000 / Barclaycard Ring MC $5000 / GE Lowes $5000 / Citi Best Buy MC $4250 / Barclaycard Rewards Visa $4000 / BFG CU Visa $3500 / Citi Sears$3000 / WF Visa $2000 / GE Walmart $1900 / GE Care Credit $1900 / GE Amazon $1400 / Cap 1 Kohls $1000 / GE Old Navy $800 / Webbank Fingerhut $700
Message 1 of 26
25 REPLIES 25
webhopper
Moderator Emeritus

Re: Wells possibly to buy Discover?

All I can say is wow....

Just wow!
FICO 9:
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.

Goal: Gardening!


Message 2 of 26
MagicShot
Contributor

Re: Wells possibly to buy Discover?

I donno if I would like wells fargo to take over my discover card. I bank with wells and have a cc with them also but like my discover over wells.

Message 3 of 26
CS800
Super Contributor

Re: Wells possibly to buy Discover?

I dont know enough about wells fargo to know if that would be a good or bad deal for Discover card holders.




Message 4 of 26
SpiceIslander
Frequent Contributor

Re: Wells possibly to buy Discover?

I hope it doesn't happen though I have no concrete feelings on the matter. Applied for Wells & Discover the same day last year. Discover approved me, Wells denied. Now Wells is hounding me with pre-approvals but I shred them. Discover gets my luv!

Meg.

FICO: 4/2016 - TU 841 | EQ 840 | EX 837

FNBO 23,600 | Amex SPG 13,900 | Amex BCP 13,400 | Barclays/Sallie Mae13,000 | Discover IT 12,500 | Lowes 10,000 | PLOC 9,300 | NASA FCU 8,700 | Citi Simplicity 6,200 | BOA Platinum+ 6,000 | Achieva CU 5,500 | Chase CSP 5,000 | Sam's Club 3,000 | Sears 900
Message 5 of 26
tubesock
Frequent Contributor

Re: Wells possibly to buy Discover?

Then I'm glad I don't have the Discover card because I don't like Well's Fargo or their products. 

FicoTU 780 | Credit Karma 781 | Credit Sesame 780
EQ 673 Dec2011 | Current: 695 Nov2013 | Goal: 720+
UTL: 54% Dec2011 | Current UTL: 21% | Goal UTL: 0% June2014
AmxZync | CapOne 1k | Comenity 1.1k | Target 3k |NFCU Visasig 5k | Goodyear 5.8k | CitiSimplicity 10.2k
Sam'sClub 10k | AmxSpg 20k | Citi HiltonReserve 20k | DCU 20k | Chase RR Visasig 25k | NFCU Visasig 33k
Message 6 of 26
AF_23
Frequent Contributor

Re: Wells possibly to buy Discover?


@CS800 wrote:

I dont know enough about wells fargo to know if that would be a good or bad deal for Discover card holders.


This is not good whatsoever. I wasnt pleased that Wachovia was swiped up by them either

 

Message 7 of 26
Shogun
Moderator Emeritus

Re: Wells possibly to buy Discover?

My personal opinion?  Nope, don't like it.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 8 of 26
armywifey85
Regular Contributor

Re: Wells possibly to buy Discover?

I will have to close Discover if, this happens. I hate Wells Fargo! 

Message 9 of 26
lithium78
Established Contributor

Re: Wells possibly to buy Discover?

Wells Fargo sucks.  I would not be happy if this materializes. :-(


Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

Take the FICO Fitness Challenge
Message 10 of 26
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