topic Re: Will Discover Allow Two Cards (IT and MILES)? in Credit Cards

Will Discover Allow Two Cards (IT and MILES)?

vikingred — Sat, 02 May 2015 21:56:01 GMT

Already have Discover IT card, 10k limit, 7 months old.

Want the IT Miles Card, too. Does Discover allow this?

Does anyone here have both? Thanks

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Sat, 02 May 2015 21:57:31 GMT

I don't have either but yes they allow this

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Sat, 02 May 2015 21:58:40 GMT

I think so. They keep telling me I'm eligible for a Chrome and have the it in purple. I know there are many other discover cards out there too.

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Sat, 02 May 2015 22:15:04 GMT

Yes, a handful of people here do have both.

Some got both straight out, at least one other was asked to split their It credit line into the two cards, so they may ask you to do that if you wish to apply for the Miles card.

Re: Will Discover Allow Two Cards (IT and MILES)?

JSS3 — Sat, 02 May 2015 22:18:55 GMT

I recently acquired my second Discover IT. It wasn't an instant approval. I was given a message to call in. Rep said he saw that I already owned one and asked was I applying for another. (I guess to make sure I didn't want another design and accidentally apping). I told him I wanted another account/card. He immediately said he could approve for 3,000.

Re: Will Discover Allow Two Cards (IT and MILES)?

vikingred — Sat, 02 May 2015 22:24:43 GMT

Just want to make sure before I waste an HP. May try for the Miles Card tonight. Disco seems loose lately anyhow.

Re: Will Discover Allow Two Cards (IT and MILES)?

JSS3 — Sat, 02 May 2015 22:25:11 GMT

I think you need a year with them before they allow for a second. Don't quote me on that.

Re: Will Discover Allow Two Cards (IT and MILES)?

vikingred — Sat, 02 May 2015 22:38:47 GMT

@JSS3 wrote:
I think you need a year with them before they allow for a second. Don't quote me on that.

Yikes, can anyone confirm this?

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Sat, 02 May 2015 22:46:15 GMT

@vikingred wrote:
@JSS3 wrote:
I think you need a year with them before they allow for a second. Don't quote me on that.
Yikes, can anyone confirm this?

Can't confirm that, but from my understanding you have to have two separate online accounts for the two separate cards. They currently aren't capable of having two cards on one account.

Re: Will Discover Allow Two Cards (IT and MILES)?

JSS3 — Sat, 02 May 2015 22:57:44 GMT

I second what Fitchaber10 said!

Re: Will Discover Allow Two Cards (IT and MILES)?

JSS3 — Sat, 02 May 2015 23:08:46 GMT

I was denied the Chrome. Don't recall the reason. Mine went as follows:

(8/13) IT = Instantly Approved
(7/14) Chrome = Instantly Denied
(4/15) IT= Recon'd Approved

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Sat, 02 May 2015 23:20:19 GMT

Also, be sure that the Miles card makes sense. As far as we know now, it has value only for the first year. See if the extra lift on your uncategorized spend is bigger than a sign on bonus would be on another card.

Re: Will Discover Allow Two Cards (IT and MILES)?

vikingred — Sat, 02 May 2015 23:36:09 GMT

Yeah I'm gonna app for something that pulls TU. Was also considering State Farm Visa

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Mon, 04 May 2015 17:35:17 GMT

Discover employee here -- You may have both accounts. There's no time limit on how soon you can apply for another. At this time, you cannot merge a standard it into a Miles it BUT that capability is coming soon (probably by end of summer.)

Re: Will Discover Allow Two Cards (IT and MILES)?

ADARPegasus — Mon, 04 May 2015 21:10:50 GMT

@vikingred wrote:
Already have Discover IT card, 10k limit, 7 months old.

Want the IT Miles Card, too. Does Discover allow this?

Does anyone here have both? Thanks

Yes they allow this! I called and asked them!

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Mon, 04 May 2015 21:28:03 GMT

I can't say much about it Miles rewards after year one, but the plan is to have a similar, if not equivalent, bonus plan in the years ahead. But you are correct, legally, Discover has no obligation to continue this generous reward structure beyond one year.

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Mon, 04 May 2015 21:41:49 GMT

@Anonymous wrote:
I can't say much about it Miles rewards after year one, but the plan is to have a similar, if not equivalent, bonus plan in the years ahead. But you are correct, legally, Discover has no obligation to continue this generous reward structure beyond one year.

Thanks. It would be good for Discover to decide and announce, I think a lot of people don't apply because they want "keeper" cards, and not those that just shine for a limited period (Others like me are less fussy!). Even 2% after year one would make this attractive to many

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Mon, 04 May 2015 21:47:30 GMT

I can understand that, but since this is a new product, the company wants to wait and see how the card is doing before locking in future incentives and if the marketplace decides that a different type of reward will attract more customers, Discover wants to reserve the right to move in that direction. Even without incentives, Discover it Miles is a 1 1/2% card. It will not remain a 3% card forever, that level of rewards is not sustainable in the marketplace and any card offering that now is losing money for the issuer.

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Mon, 04 May 2015 21:58:36 GMT

@Anonymous wrote:
I can understand that, but since this is a new product, the company wants to wait and see how the card is doing before locking in future incentives and if the marketplace decides that a different type of reward will attract more customers, Discover wants to reserve the right to move in that direction. Even without incentives, Discover it Miles is a 1 1/2% card. It will not remain a 3% card forever, that level of rewards is not sustainable in the marketplace and any card offering that now is losing money for the issuer.

Sure, I understand that but of course 1.5% cards are nothing special now, and that coupled with the atypical bonus structure (i.e. anything but spend $X and get $Y in three months!) is causing people here to pass on the card. (Yes, for all I know in the wider world it is a huge success!) But I will wait and see!

Re: Will Discover Allow Two Cards (IT and MILES)?

Anonymous — Tue, 05 May 2015 00:38:03 GMT

Although having two cards is possible, you would be forced to create two logins. It's ridiculous.
But given all the technical difficulties discover card and discover bank have been having for long, I don't think they have any plan to improve that.