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Wells possibly to buy Discover?

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...

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25 REPLIES
Moderator Emeritus

Re: Wells possibly to buy Discover?

All I can say is wow....

Just wow!

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
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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.

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.




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
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
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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

 

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+
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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.
Regular Contributor

Re: Wells possibly to buy Discover?

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

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

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