topic Re: Discover question in Credit Cards

Discover question

xgac12x — Sun, 09 Aug 2015 02:41:16 GMT

Need an opinion. Brother has had a Discover card for about 5 months now, got his first CLI about two weeks ago. He uses it for everything, and pays it off. But I was wondering, he is looking to get another card soon, (Citi DC), and was wondering how long he should wait before doing so. He has student loans on his credit that are up to date, and then the Discover card. Thanks!

Re: Discover question

Anonymous — Sun, 09 Aug 2015 05:12:32 GMT

I think once he hits the 6 month mark with Discover he should be good to app for another card. What are his scores like? Any baddies?

Re: Discover question

Anonymous — Sun, 09 Aug 2015 05:15:29 GMT

Since I am in the same situation (I want to app for DC), I recommend him to stick with his Discover. I'm assuming he has double cash back with his discover, so I'd build history with discover first until the DCB ends, then app for DC (which is what I'm doing).

Re: Discover question

Anonymous — Sun, 09 Aug 2015 05:37:46 GMT

no need for redundancy

Re: Discover question

NRB525 — Sun, 09 Aug 2015 05:37:52 GMT

@xgac12x wrote:
Need an opinion. Brother has had a Discover card for about 5 months now, got his first CLI about two weeks ago. He uses it for everything, and pays it off. But I was wondering, he is looking to get another card soon, (Citi DC), and was wondering how long he should wait before doing so. He has student loans on his credit that are up to date, and then the Discover card. Thanks!

If he has a Discover card, then he has a good FICO report available directly from there. What score is on that Discover FICO report?

Re: Discover question

xgac12x — Tue, 11 Aug 2015 06:12:53 GMT

I believe its sitting at about a 700 or so. But he apped 5 months ago, not sure if he got the double cash back offer or not

Re: Discover question

Anonymous — Tue, 11 Aug 2015 14:22:31 GMT

If it was 5 months ago, he probably does not have the double cash back promotion. Since he got an IT, he's probably good to app for a DC now, but I would still wait until the six month mark, since it is so close.

Re: Discover question

Anonymous — Tue, 11 Aug 2015 15:31:52 GMT

even if he got it 5 months ago he could have still enrolled in double cash promotion until june 30, 2015

Re: Discover question

Anonymous — Tue, 11 Aug 2015 15:36:29 GMT

Could he have? Yes. But if the brother doesn't troll credit card forums, he probably wouldn't have. After all, it was marketed to new cardholders, not existing ones.

Re: Discover question

Anonymous — Tue, 11 Aug 2015 16:08:30 GMT

@Anonymous wrote:
even if he got it 5 months ago he could have still enrolled in double cash promotion until june 30, 2015

I was told that this promotion ended on June 24th. Can you provide a link for where you received this information. Thanks in advance for your help Terror!!!

Re: Discover question

Anonymous — Tue, 11 Aug 2015 16:46:51 GMT

could have been the 24th but that isn't too relevant considering it's been a month and a half lol