topic Re: Disco Distraction in Credit Cards

Disco Distraction

Anonymous — Mon, 16 Sep 2019 01:05:22 GMT

I've reached the point in my credit journey where I don't really have to worry about approvals anymore. FICO 8 is ~810, oldest account is 11 years, utilization consistently under 3%, etc. A rational person at 2/24 would get a CSP and stack those UR points. And yet... I want a Discover card... USAA took care of me early on so I don't have an old "getting started" Disco still in the sock drawer. It seems like a great company with top tier support and decent rewards. For some reason it still feels like a hole in my lineup.

Am I an idiot for wasting a Chase slot? Please talk sense into me. November is going to be a big international spending month for me (UK). Any thoughts on a card for both SUB and staying power?

...if we're being honest I also really want to hit that Disco luv button...

Re: Disco Distraction

kdm31091 — Mon, 16 Sep 2019 01:07:00 GMT

Only you can decide what makes the most sense for you. If you want a Discover card get it. Chase isn't the be all end all.

Re: Disco Distraction

Brian_Earl_Spilner — Mon, 16 Sep 2019 01:16:20 GMT

Are you planning to app for 3 chase chase over the next 18 months? If not, get the discover like you want.

Re: Disco Distraction

Anonymous — Mon, 16 Sep 2019 01:17:26 GMT

I like my DISCOVER IT card. May be a little redundant with CF with similar rotating categories, but not always. A small feature I like about DISCOVER is their cash back option at certain retailers, like grocery stores. You can make a purchase and request cash back, like $20 or $40, like your debit card, of course with no fee or interest.

Re: Disco Distraction

Anonymous — Mon, 16 Sep 2019 01:38:23 GMT

Ooh! You could get both...lol Just have to work out your timing I suppose. I recently got the CSP for the lovely bonus points. I had a couple large purchases I was already going to make so I waited until the card came to max out that $4k spend right away. I don't have the DISCO yet (gardening til spring 2020). My husband does tho and loves that the categories rotate with his card and my CF so we get the 5% back on gas nearly all year. The CSP doesn't offer much for an everyday spend like the DISCO. For me, I wanted it for the travel benefits and initial bonus points. Whatever makes most sense for your current spend needs/habits is what I would go with. Chase does have a draw to it just because of the exclusivity with their app rules tho lol. That's probably why I have the CF, CFU and CSP 🤦🏻‍♀️😆.

Re: Disco Distraction

Anonymous — Mon, 16 Sep 2019 01:49:17 GMT

I had one as a secured when i started my journey and i got another a year later that has grown a lot. I highly recommend discover for the 5% categories. I'm more of a CB kinda guy tho.

Chase did me wrong and i lost a card that would be over 20 years old now, so i'm Never/24. To each there own i guess.

Re: Disco Distraction

randomguy1 — Mon, 16 Sep 2019 04:44:01 GMT

You mentioned International Spending. How widely is Discover accepted in the UK?

Re: Disco Distraction

SEAlifer — Mon, 16 Sep 2019 05:07:07 GMT

@Anonymous wrote:
I've reached the point in my credit journey where I don't really have to worry about approvals anymore. FICO 8 is ~810, oldest account is 11 years, utilization consistently under 3%, etc. A rational person at 2/24 would get a CSP and stack those UR points. And yet... I want a Discover card... USAA took care of me early on so I don't have an old "getting started" Disco still in the sock drawer. It seems like a great company with top tier support and decent rewards. For some reason it still feels like a hole in my lineup.

Am I an idiot for wasting a Chase slot? Please talk sense into me. November is going to be a big international spending month for me (UK). Any thoughts on a card for both SUB and staying power?

...if we're being honest I also really want to hit that Disco luv button...

I've got a huge amount of value from my Disco card but I don't think it's accepted much abroad. There are better no FTF cards with nice SUBs you could get like the CSP and get a nice one-time 60,000 point bonus if you spend like $3-4K in the first three months. Otherwise I think HSBC and PayPay have 3% and 4% initial sign up cash back periods, normally 1.5% on both of those, and they also have no FTF. Might want to check all of those out.

For the Discover, the categories have been great this year. I've been using the restaurants a ton this quarter and the previous one was gas which was cool as this quarter has been 5% on the Chase Freedom. They match that cashback for the first year so you'll get 10% back on the categories and 2% back on everything else. I also love all of the card designs they offer. I get compliments on mine all of the time. That's my 2¢ on that.

Re: Disco Distraction

Medic981 — Mon, 16 Sep 2019 05:31:11 GMT

@kdm31091 wrote:
Only you can decide what makes the most sense for you. If you want a Discover card get it. Chase isn't the be all end all.

Shut the front door!

That is blasphemy! My life will not be complete until I get my Chase Co-Branded Southwest Airlines Rapid Rewards Priority Visa Signature Card.

Why are speaking silly talk?

Re: Disco Distraction

NRB525 — Mon, 16 Sep 2019 10:23:26 GMT

@Anonymous wrote:
I've reached the point in my credit journey where I don't really have to worry about approvals anymore. FICO 8 is ~810, oldest account is 11 years, utilization consistently under 3%, etc. A rational person at 2/24 would get a CSP and stack those UR points. And yet... I want a Discover card... USAA took care of me early on so I don't have an old "getting started" Disco still in the sock drawer. It seems like a great company with top tier support and decent rewards. For some reason it still feels like a hole in my lineup.

Am I an idiot for wasting a Chase slot? Please talk sense into me. November is going to be a big international spending month for me (UK). Any thoughts on a card for both SUB and staying power?

...if we're being honest I also really want to hit that Disco luv button...

If your near term travel plans do not include relying on a USAA card ( I don’t know the benefit structure ) then the CSP or CSR makes the most sense as a next card.

Discover IS great as a card company, but I find I use it more for BT than the 5% categories, and even the BT aren’t really necessary.

With 5/24 rules, staying focused on any Chase apps is my suggestion.

Re: Disco Distraction

AverageJoesCredit — Mon, 16 Sep 2019 11:21:40 GMT

Me no likey Chase, lol @Medic981 shut the front door, but anytime you are considering Chase , always place 5/24 first. Its part of the game . Disco will alwsys be there. Those slots not so much.

Re: Disco Distraction

TSlop — Mon, 16 Sep 2019 13:19:08 GMT

@Anonymous wrote:
Am I an idiot for wasting a Chase slot? Please talk sense into me. November is going to be a big international spending month for me (UK). Any thoughts on a card for both SUB and staying power?

...if we're being honest I also really want to hit that Disco luv button...

Not at all. I'm in the same situation as you. Besides getting denied for my very first credit card ~13 years ago (no history), I'm well off enough now to not worry about getting declined for anything that interests me. I recently went 6/24 and I have no worries about it. I'd only worry about 5/24 if there is something you really want from Chase. Although, if you are going abroad for a while, I'd shop around for a no FTF Visa.

Re: Disco Distraction

SouthJamaica — Mon, 16 Sep 2019 13:37:02 GMT

@Anonymous wrote:
I've reached the point in my credit journey where I don't really have to worry about approvals anymore. FICO 8 is ~810, oldest account is 11 years, utilization consistently under 3%, etc. A rational person at 2/24 would get a CSP and stack those UR points. And yet... I want a Discover card... USAA took care of me early on so I don't have an old "getting started" Disco still in the sock drawer. It seems like a great company with top tier support and decent rewards. For some reason it still feels like a hole in my lineup.

Am I an idiot for wasting a Chase slot? Please talk sense into me. November is going to be a big international spending month for me (UK). Any thoughts on a card for both SUB and staying power?

...if we're being honest I also really want to hit that Disco luv button...

You do not need a Discover card. You don't want to waste time figuring out which category is in force for 5%. And you don't want to waste space in your wallet with a card that isn't accepted in so many places.

IMHO the only thing it's good for is its balance transfer offers, but (a) they've been making them less available lately, and (b) they're no better than the offers you could get from a credit union non-rewards platinum card.

Looking at the cards in your wallet, it certainly would be a good idea to diversify, but not in that direction.

If you want a good travel card, I would suggest Citi Premier or Chase Sapphire Reserve.

Re: Disco Distraction

Anonymous — Mon, 16 Sep 2019 13:38:51 GMT

@SouthJamaica wrote:
@Anonymous wrote:
I've reached the point in my credit journey where I don't really have to worry about approvals anymore. FICO 8 is ~810, oldest account is 11 years, utilization consistently under 3%, etc. A rational person at 2/24 would get a CSP and stack those UR points. And yet... I want a Discover card... USAA took care of me early on so I don't have an old "getting started" Disco still in the sock drawer. It seems like a great company with top tier support and decent rewards. For some reason it still feels like a hole in my lineup.

Am I an idiot for wasting a Chase slot? Please talk sense into me. November is going to be a big international spending month for me (UK). Any thoughts on a card for both SUB and staying power?

...if we're being honest I also really want to hit that Disco luv button...
You do not need a Discover card. You don't want to waste time figuring out which category is in force for 5%. And you don't want to waste space in your wallet with a card that isn't accepted in so many places.

IMHO the only thing it's good for is its balance transfer offers, but (a) they've been making them less available lately, and (b) they're no better than the offers you could get from a credit union non-rewards platinum card.

Looking at the cards in your wallet, it certainly would be a good idea to diversify, but not in that direction.

DISCOVER is accepted at restaurants, gas stations, Amazon, and the other 5% categories. A very small percentage of places don't take it, and those are mostly in the 1% categories.

And how hard is it to activate the 5% categories? Lol, set up a reminder and you'll get a link emailed to you to do it. If activating a category is that tough to do, I bet pulling the card out of your wallet is a real chore too.

Re: Disco Distraction

CreditInspired — Mon, 16 Sep 2019 14:50:59 GMT

@Medic981 wrote:
@kdm31091 wrote:
Only you can decide what makes the most sense for you. If you want a Discover card get it. Chase isn't the be all end all.
Shut the front door!

That is blasphemy! My life will not be complete until I get my Chase Co-Branded Southwest Airlines Rapid Rewards Priority Visa Signature Card.

Why are speaking silly talk?

Re: Disco Distraction

AverageJoesCredit — Mon, 16 Sep 2019 14:58:05 GMT

A Disco card can come out a wallet just as easy as a Chase one lol , if someone things rotating 5% cats is confusing , wait til they try Chase and all their travel redemptions

Re: Disco Distraction

Anonymous — Mon, 16 Sep 2019 15:19:46 GMT

@AverageJoesCredit wrote:
A Disco card can come out a wallet just as easy as a Chase one lol , if someone things rotating 5% cats is confusing , wait til they try Chase and all their travel redemptions

And then you have to PAY THE BILL!!!! You have to login and stuff, find and click the statement link, find the right statement, open it, look at it, and then go back and find the Make a Payment link way over there on another tab, and then have to decide if I want to apply my cash back as part of my payment!

Forget it. Don't get DISCOVER!! You don't need all of that aggravation.

Re: Disco Distraction

Creditsen — Mon, 16 Sep 2019 15:23:09 GMT

@randomguy1 wrote:
You mentioned International Spending. How widely is Discover accepted in the UK?

This is a very good point. I went abroad to Germany and Prague recently. I had a brand new Discover IT Cash (restaurant rotating this quarter) and Savor One card. The Discover card was only accepted at one location the entire trip and I tried everywhere because eating out while traveling is something I consider a highlight of trips. The Savor One was more frequently accepted. My CSP was accepted everywhere but I left it at a gas station halfway through the trip. We realized an hour later after driving off and I was able to cancel my CSP on the app within a minute. I had a new one in the mail when I was home a few days later. I think chase is the better option if you are traveling. I do love my discover card and will be trying to maximize the one year rewards but go for chase first in my opinion.

Re: Disco Distraction

AverageJoesCredit — Mon, 16 Sep 2019 16:26:13 GMT

@Anonymous wrote:
@AverageJoesCredit wrote:
A Disco card can come out a wallet just as easy as a Chase one lol , if someone things rotating 5% cats is confusing , wait til they try Chase and all their travel redemptions
And then you have to PAY THE BILL!!!! You have to login and stuff, find and click the statement link, find the right statement, open it, look at it, and then go back and find the Make a Payment link way over there on another tab, and then have to decide if I want to apply my cash back as part of my payment!

Forget it. Don't get DISCOVER!! You don't need all of that aggravation.

Lol, i just login, see what i owe , pay it, log of . Easy peasy Discover girl