Re: Sam's Club Discover approval

snowkitty · ‎09-10-2012

I go to sams club a few times a week and thought I would give it a shot for the sams credit card. I spend 150.00 a week there every week. Anyways, I applied online and it submitted for the sams discover by default and I got the 7-10 day message so I called. They approved me for the Sams Discover for 1800.00. It blew me away because that is my highest limit. So I have a few questions....is this a good card to have? Now I read online a bunch of people complaing about it. Also, its backed by ge right? So is it a real discover card? Will it affect my discover more card? Why would they give me such a higher limit? I'm glad but surprised. I assumed if anything, I would have gotten the store card for 600.00

ninjamike81 · ‎08-16-2012

congrats

Starting Score: TU 583, EX 683, EQ 653
Current Score: TU WALMART FICO 664 EX FICO 708 LENDER PULL 3/10/2013 EQ FICO 692
Goal Score: 750
WALLET: CAP ONE UNSEC $2000, WALMART $500, CHASE FREEDOM $1000, CITI SIMPLICITY $1200, DISCOVER MORE $1500, BBRZ $2200

youngandcreditwrthy · ‎08-16-2012

The only diff is that it is backed by GECRB not DFS. Shouldn't affect your "real" Discover.

Also, you can get pretty frequent CLIs if handled correcty. Just charge your purchases and try to pif.
I have the Walmart Discover with a $5,000 limit, and I love it.

They have a lot of 0% offers for min purchases (like $499 @0% for 18 mos sometimes).
Also, I think you get 15 cents off a gallon of gas thru December.

Cashback is quite dismal however. Offers on your "real" Discover will be better typically.

Hope this helps!

LS2982 · ‎04-09-2011

CONGRATS!!!

Yes, it is backed by GE and can grow very nicely. They probably gave you the higher limit than Discover More to entice you to use their card more. It is a GE backed card that uses the Discover network for charging.

Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 684 / EQ FICO 664 / TU08 FICO 687 / TU98 FICO 672 / TU VS 711 6/16/2013

snowkitty · ‎09-10-2012

I saw the 0% interest and that is why I wanted the card too....sams has great deals on electronics which both of my kids are after for Christmas. I do wonder why the walmart discover denied me and gave me only the store card last month.

Tommy5746 · ‎02-08-2012

CONGRATS!!!!

Goal: 700 and an Amex Card!

Chicks Dig Guys With Good Credit

creditdreamera · ‎09-22-2012

Congrats! I wanted to apply for it but was afraid to be denied, so I just went with the store card and got approved.

EX -682
EQ -658
TU -663

LS2982 · ‎04-09-2011

Not sure why wally gave you just the store card. Now that sams gave you the Discover you might see an early upgrade from wally.

Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 684 / EQ FICO 664 / TU08 FICO 687 / TU98 FICO 672 / TU VS 711 6/16/2013

youngandcreditwrthy · ‎08-16-2012

Well.... I think people who shop at Sam's typically spend more... Maybe that's why...or maybe you credit shot up in that time frame...

maiden_girl · ‎12-29-2011

I dunno why I assumed the Walmart card would work in Sam's club and vice versa...It's the same company. Pretty weird you apped there and got the Discover but when you applied to Walmart, they only gave you the store card...

The truth is out there...