topic Re: Why Discover IT card? in Credit Card Applications

Why Discover IT card?

BeeH11 — Tue, 04 Nov 2014 18:24:06 GMT

Hello!
The Discover IT card seems to be very popular on this forum. Can I get some opinions as to why it people like it (pun intended). I never thought getting a Discover before but now I'm curious.
Thanks!

Re: Why Discover IT card?

Jaylima91 — Tue, 04 Nov 2014 18:36:08 GMT

Great rotating cash back category offers
Great customer service (YMMV)
Good benefits for a no AF card (Return protection, purchase protection, etc.)

You can go on the Discover website and look under Member Benefits and you can see all the perks in detail

Re: Why Discover IT card?

Anonymous — Tue, 04 Nov 2014 18:36:19 GMT

Good Customer Service and 5% rewards {alternative to Chase Freedom}

Re: Why Discover IT card?

uswala — Tue, 04 Nov 2014 18:42:22 GMT

@Jaylima91 wrote:
Great rotating cash back category offers
Great customer service (YMMV)
Good benefits for a no AF card (Return protection, purchase protection, etc.)

You can go on the Discover website and look under Member Benefits and you can see all the perks in detail

That is what I like as well.

Re: Why Discover IT card?

Anonymous — Tue, 04 Nov 2014 18:48:36 GMT

Jaylima91 summed it up perfectly Also Discover Deals have been great for me!

Re: Why Discover IT card?

Anonymous — Tue, 04 Nov 2014 18:51:48 GMT

@Anonymous wrote:
Good Customer Service and 5% rewards {alternative to Chase Freedom}

I think ShopDiscover is really the major advantage of the card, generally one of the higeher cashback portals.

While the 5% gets people excited, it's capped very low ($1,500 a quarter means a max of $75) and rotation is, um, stupid! (Benefits cc rather than you, as the category might not be right when you need it).

And on the Freedom side, if you have an additional card such as CSP or Ink, the points earned on the Freedom can be transferred to travel partners, potentially greatly increasing the value.

Re: Why Discover IT card?

Anonymous — Tue, 04 Nov 2014 21:38:32 GMT

I will just stick to my quicksilver card.

Re: Why Discover IT card?

Reincarnated — Wed, 05 Nov 2014 06:02:01 GMT

ShopDiscover is simply AMAZING.

I never shop at stores anymore because I know I can get 5%-10% off of many big retailers!

Re: Why Discover IT card?

Anonymous — Wed, 05 Nov 2014 06:44:03 GMT

@Anonymous wrote:
I will just stick to my quicksilver card.

Nothing wrong with doing that, but the quicksilver is a 1.5% card. For certain purchases (e.g. Amazon right now), the Discover IT is a better choice. The Discover cards categories change and it defaults to 1% when not spending on a 5% category, so for other purchases the Quicksilver is a better choice. The Discover IT can work great when one wants to maximize cash back or points due to its 5% categories. When combined with other 5% rewards cards (US Bank Cash+, Barclays Sallie Mae, Chase Freedom, etc), the Discover IT allows for an optimized cash back or cash back/points strategy.

If you want a simple 1 card strategy consider the Citi DoubleCash. Much like the Quicksilver card, but effectively 2% cash back.

Re: Why Discover IT card?

Anonymous — Wed, 05 Nov 2014 07:15:59 GMT

@Anonymous wrote:
@Anonymous wrote:
I will just stick to my quicksilver card.
Nothing wrong with doing that, but the quicksilver is a 1.5% card. For certain purchases (e.g. Amazon right now), the Discover IT is a better choice. The Discover cards categories change and it defaults to 1% when not spending on a 5% category, so for other purchases the Quicksilver is a better choice. The Discover IT can work great when one wants to maximize cash back or points due to its 5% categories. When combined with other 5% rewards cards (US Bank Cash+, Barclays Sallie Mae, Chase Freedom, etc), the Discover IT allows for an optimized cash back or cash back/points strategy.

If you want a simple 1 card strategy consider the Citi DoubleCash. Much like the Quicksilver card, but effectively 2% cash back.

He has the QuicksilverONE and that card has a $39 annual fee that in other words means $3.25 each month, so even if he spends enough money to get let's say $4 dollars in rewards each month then he is actually just getting $0.75 Cents in rewards because again the card is costing $3.25 a month just to have it, i think a better choice from CapOne would've been this one .... http://www.capitalone.com/credit-cards/journey-student/

Re: Why Discover IT card?

sreneesa — Wed, 05 Nov 2014 09:02:26 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
I will just stick to my quicksilver card.
Nothing wrong with doing that, but the quicksilver is a 1.5% card. For certain purchases (e.g. Amazon right now), the Discover IT is a better choice. The Discover cards categories change and it defaults to 1% when not spending on a 5% category, so for other purchases the Quicksilver is a better choice. The Discover IT can work great when one wants to maximize cash back or points due to its 5% categories. When combined with other 5% rewards cards (US Bank Cash+, Barclays Sallie Mae, Chase Freedom, etc), the Discover IT allows for an optimized cash back or cash back/points strategy.

If you want a simple 1 card strategy consider the Citi DoubleCash. Much like the Quicksilver card, but effectively 2% cash back.
He has the QuicksilverONE and that card has a $39 annual fee that in other words means $3.25 each month, so even if he spends enough money to get let's say $4 dollars in rewards each month then he is actually just getting $0.75 Cents in rewards because again the card is costing $3.25 a month just to have it, i think a better choice from CapOne would've been this one .... http://www.capitalone.com/credit-cards/journey-student/

Love my qs1. Have had it for 2 months and already racked up 20 dollars cash back. 39 dollar fee is paying for itself. In other words...no biggie to spend enough to cover fee quickly...not that hard.

Re: Why Discover IT card?

Anonymous — Wed, 05 Nov 2014 09:29:21 GMT

When did this turn into a Discover vs QS debate? That has nothing to do with the original question. But since we're comparing I've racked up $41 and some change in the last three weeks and there is no annual fee to cover so I'll stick with my Discover
Show me the money!

Re: Why Discover IT card?

sreneesa — Wed, 05 Nov 2014 09:46:45 GMT

Wow. Whats your problem? My point was to the person I quoted that its not that hard to actually benefit from rewards on qs1, regardless of a 39 dollar fee. Smh...so all that sarcasm can take a hike. Take care.

@Anonymous wrote:
When did this turn into a Discover vs QS debate? That has nothing to do with the original question. But since we're comparing I've racked up $41 and some change in the last three weeks and there is no annual fee to cover so I'll stick with my Discover
Show me the money!

Re: Why Discover IT card?

Anonymous — Wed, 05 Nov 2014 09:52:52 GMT

Uh I didnt have a problem, if you took it that way nothing I can do about that but my tone wasnt meant to be hostile I shared my opinion and made an observation like everyone else That wasnt sarcasm, simply sharing my thoughts. Enjoy your night

Re: Why Discover IT card?

Anonymous — Wed, 05 Nov 2014 13:31:45 GMT

+1 shop discover