topic Re: Difference between these two Discover cards? in Credit Cards

Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 22:59:09 GMT

What are the differences between the two following Discover cards? I see that one requires 5 star credit, while the other requires 4 star credit

http://i.imgur.com/moTLOaY.jpg

Re: Difference between these two Discover cards?

-Wade- — Thu, 15 Jan 2015 23:04:21 GMT

1 is for 14 months at 0% on BT & purchase, the other is 18 months at 0% for BT and 6 months at 0% on purchase

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:02:31 GMT

They both have excellent credit listed as a requirement. Although I really dont think thats accurate when it comes to this card. The stars dont pertain to credit they are the rating of each card. Same benefits but each card has different terms

Re: Difference between these two Discover cards?

kdm31091 — Thu, 15 Jan 2015 23:02:57 GMT

Actually no, the bottom is one 0% for 18 months on balance transfers and 0% for 6 months on purchases.

The top one is the better deal (and harder to obtain), 0% for both transfers and purchases for 14 months.

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:05:11 GMT

@Anonymous wrote:
They both have excellent credit listed as a requirement. Although I really dont think thats accurate when it comes to this card. The stars dont pertain to credit they are the rating of each card. Same benefits but each card has different terms

I know it's not accurate. They gave me one!

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:07:27 GMT

@Anonymous wrote:
What are the differences between the two following Discover cards? I see that one requires 5 star credit, while the other requires 4 star credit

http://i.imgur.com/moTLOaY.jpg

Think of it like Barclay's with their different offers for the same cards.

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:13:26 GMT

@Anonymous wrote:
@Anonymous wrote:
They both have excellent credit listed as a requirement. Although I really dont think thats accurate when it comes to this card. The stars dont pertain to credit they are the rating of each card. Same benefits but each card has different terms
I know it's not accurate. They gave me one!

lol Me too! And my credit was hardly excellent at the time. Still isnt

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:15:08 GMT

@Anonymous wrote:
They both have excellent credit listed as a requirement. Although I really dont think thats accurate when it comes to this card.

I got the Discover It (for students) the week I turned 18 with absolutely nothing in my credit report so you most definitely do not need excellent credit!

Re: Difference between these two Discover cards?

-Wade- — Thu, 15 Jan 2015 23:15:42 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
They both have excellent credit listed as a requirement. Although I really dont think thats accurate when it comes to this card. The stars dont pertain to credit they are the rating of each card. Same benefits but each card has different terms
I know it's not accurate. They gave me one!
lol Me too! And my credit was hardly excellent at the time. Still isnt

i know of people that got the card with a score under 700 score

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:17:10 GMT

@-Wade- wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
They both have excellent credit listed as a requirement. Although I really dont think thats accurate when it comes to this card. The stars dont pertain to credit they are the rating of each card. Same benefits but each card has different terms
I know it's not accurate. They gave me one!
lol Me too! And my credit was hardly excellent at the time. Still isnt
i know of people that got the card with a score under 700 score

I got one with a 637 EQ FICO..

I just checked and I have a 18 month 0% APR BT offer in my BT offers section of my account.

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:18:28 GMT

Mine was 676 at the time. So excellent I think not. I dont really pay attention to the cards listed on this site. You would think as much as we talk about the various options out there that someone would update it to include a wider selection but idk how that works so mayve its not possible. Always the same cards, same ratings, not exactly accurate information either

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:20:48 GMT

I want a high CL on the card. Which one would give me the higher CL do you guys think?

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:21:18 GMT

I'm gonna take neither for $500 Alex lol But you might get lucky

Re: Difference between these two Discover cards?

kdm31091 — Thu, 15 Jan 2015 23:22:51 GMT

They are definitely not known for giving out high initial CL's. If that is a priority you need a different card.

Re: Difference between these two Discover cards?

-Wade- — Thu, 15 Jan 2015 23:23:20 GMT

@Anonymous wrote:
I want a high CL on the card. Which one would give me the higher CL do you guys think?

which ever one you go for the CL will be the same. My 2 cents

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:23:53 GMT

@-Wade- wrote:
@Anonymous wrote:
I want a high CL on the card. Which one would give me the higher CL do you guys think?
which ever one you go for the CL will be the same. My 2 cents

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:39:41 GMT

I did get a preapproval in my mail a few days back for this card. Which bureau do they pull? Given an average score of 750, with an AAoA of a couple years, what can be the expected intial CL? I appreciate all the information everyone has provided so far.

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:52:36 GMT

@Anonymous wrote:
I did get a preapproval in my mail a few days back for this card. Which bureau do they pull? Given an average score of 750, with an AAoA of a couple years, what can be the expected intial CL? I appreciate all the information everyone has provided so far.

You might be ok! Bureaus vary with Discover. They pulled EX and EQ for me. I'm going to guess between 3 - 5k. Random guess off the top of my head. But there have been higher starting lines. Unless you have any negatives on your reports or utilization is high your profile is in much better shape than mine when I applied.

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:58:07 GMT

Does income matter when applying for Discover? I saw the Chase Freedom card asked to provide income on the app.

Re: Difference between these two Discover cards?

Anonymous — Thu, 15 Jan 2015 23:59:40 GMT

I think income is a significant factor with any application but I dont know if Discover weighs it more heavily than other lenders