topic Re: What's so great about Discover?☺️ in Credit Cards

What's so great about Discover?☺️

AverageJoesCredit — Sun, 22 Sep 2019 23:31:28 GMT

Feeling a little credit inspired Curious on everyones thoughts about Miss Disco now that we are seeing 4506 T forms being requested, 2 Discovers being approved within 1 year, and Miss Disco giving me cli lol.

I want to say im verry happy with Discover recently besides the cli approvals. About 2 weeks ago i requested a new design for my It and still hadnt received it. I called up Friday night worried about potential fraud or theft of card. On my homepage i tried to see tracking that was previously available only to find address on file incorrect. Lolwut! Called right away. Turns out for some odd reason my address was flagged as incomplete and USPS sent it back. Weird cuz i always get my correspondence by Disco.

After removing my flag, i spent 25 minutes shooting the breeze with the agent . She asked how we were doing with the Hurricanes and we went from there. She is even sending me my card Fed Ex 2 day free of charge!. I know many dislike Disco for lack of benefits but im a fan so far and it does exactly what i need my credit card to do...swipe

Have fun🙋‍♂️

Re: What's so great about Discover?☺️

Anonymous — Sun, 22 Sep 2019 23:48:36 GMT

AJC I wish I could give you a big ol happy story but I can't until I ask for a CLI next month. Lol! Disco was good to me though. I only had store cards. Target, Kohls and Victoria Secret. 5 months ago I app'd for Disco and they gave me the Discover IT Chrome for $9k!!!!! Whew! I was pumped! So ran down to NFCU thinking I was ready and got $500 😢

Next month I'll pay off my Disco. I owe $7k on it. Then I will be hitting that luv button. 😂

Re: What's so great about Discover?☺️

Jnbmom — Sun, 22 Sep 2019 23:56:22 GMT

@AverageJoesCredit wow I would think with all those previous wallpaper letters they would have your address memorized 😂😂😂😂 I am sure they get a postal discount on mine 😉

Disco is a puzzling creditor very hard to figure out but most are quite pleased with them. I am kinda like warm as it is like moving mountains to get my line to even come somewhat near my other lines.

They are some that disco absolutely love and reward and then there are the "other folks", you can guess what club I belong to.

Re: What's so great about Discover?☺️

CreditCuriosity — Mon, 23 Sep 2019 00:16:41 GMT

Simple: Nothing..

Re: What's so great about Discover?☺️

Anonymous — Mon, 23 Sep 2019 00:44:43 GMT

Cash back match is great and they have great customer service but everything else is meh. CLIs are hit or miss and while they have been generous with me, others with much better profiles and things like income and assets get told no. At least other lenders tend to have well-defined criteria that we can look at to estimate our chances.

Getting rid of their benefits and deals programs was a mistake and now there are rumors that existing customers won't get match anymore. They also don't pay referrals for existing customers, even if it's a new card like getting a Miles while having an IT, and worse they don't disclose that in the terms when you apply with a referral link so they screwed me out of $100 and I'm not happy about it.

5% categories on IT are nice but outside of that, there are much better cards that don't have the limitation of being on a lesser network (although admittedly I actually have had more real world issues with Amex acceptance than Disco, it's still an issue) and neither Miles or Chrome have any real benefit other than match.

Re: What's so great about Discover?☺️

ChargedUp — Mon, 23 Sep 2019 00:48:12 GMT

You just had to stir this pot, didn't you AJC... 😁😁😁

Discover was my 2nd major that I grabbed once I started using credit again and started me at a decent $5500 limit, while I was using it heavily, the CLI's came through in large quantities, but since I'm past my first year that spend has mostly gone elsewhere. (I did max out the Paypal 5% this quarter). As of now, I typically get a $500 bump here and there but nothing more.

Discovers CSR's are some of the best around. Always friendly and knowledgeable. Chat holds the same truths. Speaking of chat, Discovers web page and app are of the best that I've used as well.

I strangely enough come across the occasional restaurant that takes Amex but not Discover, but this flips both ways.

Discover is no FTF, but getting the card to work with their partner networks can be tricky, especially over in the Union Pay neighborhood. From what I understand, this is being worked on by Discover. Discover is also putting effort into building the Diners Club network in Europe, where card acceptance is currently rare outside of major resorts and hotels.

Discover doesn't seem to mind those who carry reasonable balances for an extended period of time.

With over 100 different cards styles available, there's no other card out there that can reflect the personality of it's holder so well.

On the cons, what the hell is with the 4506-T's lately on the tiny credit lines??? If this becomes the new norm, Disco will be chasing away a substantial portion of its card base. I understand wanting to minimize risk in underwriting, but doing so on <$2000 SECURED credit lines is baffling.

What causes Discover to love or hate your credit profile is just as baffling as the 4506_t's... Someone with excellent credit may get a ho-hum SL while someone with a couple lates and 25% UTL will get the same SL. Discover underwriters seem to sometimes consult the Magic 8-ball for guidance.

Discover tends to have it's periods where it's angry and does AA on certain people. While it's nowhere near as moody as Barclay or Synch, Discover was once thought of as reasonably bullet-proof when it comes to AA, but past references in the pages of MyFICO paint a different picture.

Overall, I like Discover and I've never had a problem with their card or CSR's personally. My card has been slow to grow recently, but hasn't seen a lot of use either, so it makes sense. I love how easy it is to find what I'm looking for on their web and app interfaces. Most of the 5% categories will fall into something that can be useful, but those always have a cap.

The major competitor to Discover IT would be Chase Freedom, which one could argue as a better card with Visa having much higher acceptance. While this is true, Chase forces you to endure a HP for a CLI and even then, aren't usually generous considering a HP was taken. I'd put Chase and Discover on close to equal planes when it comes to CSR's, with Disco's web and app being just slightly friendlier than Chase. Then there's the free TU FICO 8 that Discover gives. Chase can be used at Costco, and has given 5% back there and then the hat-trick of UR over simple cash back when paired with CSP/CSR.

As the 5% categories rarely align with the two, I'd carry both and plan to finish the Trifecta when I leave the garden late next year.

Re: What's so great about Discover?☺️

VPExecutive — Mon, 23 Sep 2019 00:48:35 GMT

@AverageJoesCredit wrote:
Feeling a little credit inspired Curious on everyones thoughts about Miss Disco now that we are seeing 4506 T forms being requested, 2 Discovers being approved within 1 year, and Miss Disco giving me cli lol.

I want to say im verry happy with Discover recently besides the cli approvals. About 2 weeks ago i requested a new design for my It and still hadnt received it. I called up Friday night worried about potential fraud or theft of card. On my homepage i tried to see tracking that was previously available only to find address on file incorrect. Lolwut! Called right away. Turns out for some odd reason my address was flagged as incomplete and USPS sent it back. Weird cuz i always get my correspondence by Disco.

After removing my flag, i spent 25 minutes shooting the breeze with the agent . She asked how we were doing with the Hurricanes and we went from there. She is even sending me my card Fed Ex 2 day free of charge!. I know many dislike Disco for lack of benefits but im a fan so far and it does exactly what i need my credit card to do...swipe

Have fun🙋‍♂️

Discover used to be great. That is until they cut all of their card benefits, removed their portal, and developed a CS chat platform that takes 20+ minutes to respond to your inquiry. Discover overnights cards (at no charge) for everyone... But so do many other financial companies, so they aren't special there.

Give me a Chase card or a credit union card any day over Discover at this point.

Re: What's so great about Discover?☺️

CreditInspired — Mon, 23 Sep 2019 01:42:15 GMT

Ahhh AJC. 😉

I have to say Disco has treated me well. I started with $3K in Dec 2016 and my CL today is $18.7K. I never took advantage of the card’s benefits so I dont miss them now that they’re gone. I like that you can ask for a 0% APR 12-mo promo and can get it. I like that BTs can be direct deposited into your checkkng account.

All-in-all, I’m pretty satisfied.

Re: What's so great about Discover?☺️

Anonymous — Mon, 23 Sep 2019 01:59:00 GMT

What's great about Discover is their customer service. They have the best customer service in the Industry. Also their stock pays out a higher Dividend yield than Visa, Mastercard and American Express...seriously Visa .55% dividend you can't do better than that? Discover is also pretty universally accepted in the US compared to Amex where a lot of places won't take it and that tends not to be the case with Discover. I've personally had nothing but good experiences with Discover and that is why I bank with them and own DFS stock.

Re: What's so great about Discover?☺️

Brian_Earl_Spilner — Mon, 23 Sep 2019 02:01:34 GMT

I hate discover with their "you've applied for too much credit" and "your utilization is too high". Wow. Just give me a second card already.

Re: What's so great about Discover?☺️

ChargedUp — Mon, 23 Sep 2019 02:06:25 GMT

@VPExecutive wrote:
@AverageJoesCredit wrote:
Feeling a little credit inspired Curious on everyones thoughts about Miss Disco now that we are seeing 4506 T forms being requested, 2 Discovers being approved within 1 year, and Miss Disco giving me cli lol.

I want to say im verry happy with Discover recently besides the cli approvals. About 2 weeks ago i requested a new design for my It and still hadnt received it. I called up Friday night worried about potential fraud or theft of card. On my homepage i tried to see tracking that was previously available only to find address on file incorrect. Lolwut! Called right away. Turns out for some odd reason my address was flagged as incomplete and USPS sent it back. Weird cuz i always get my correspondence by Disco.

After removing my flag, i spent 25 minutes shooting the breeze with the agent . She asked how we were doing with the Hurricanes and we went from there. She is even sending me my card Fed Ex 2 day free of charge!. I know many dislike Disco for lack of benefits but im a fan so far and it does exactly what i need my credit card to do...swipe

Have fun🙋‍♂️
Discover used to be great. That is until they cut all of their card benefits, removed their portal, and developed a CS chat platform that takes 20+ minutes to respond to your inquiry. Discover overnights cards (at no charge) for everyone... But so do many other financial companies, so they aren't special there.

Give me a Chase card or a credit union card any day over Discover at this point.

I've never had that happen... I think the longest I've waited was about 90 seconds.

I admit, nerfing Discover deals was a major disappointment (I forgot to mention above). My wife used to load up from Bath & Body Works and she saved a bundle. As Chase seems to be popping up with more and more "deals", as long as they're useful and not full of oddball online retailers (like Amex lately...) then Chase may change the game more and more in their favor.

Re: What's so great about Discover?☺️

AverageJoesCredit — Mon, 23 Sep 2019 02:18:39 GMT

Honestly, being at a low income , i guess since i dont or can't have high credit needs for rewards and benefits, having a simple card like Disco works for me. Im lucky in that most places i tend to shop accept Disco and ive been privileged enough to have had 3 straight years of double cashback.

Granted i hadnt maxed out my cb like most folks with the money to do so but for my spend , pretty good. Sure they are headache at times trying to figure out how to increase ones limit but thats all in fun for me. Ill never hold a high tier premium credit card in my hand but nothing makes me smile more than when i hold a Discover **pretty neat having the choice to have 5 different designs too

@CreditCuriosity ....Your " I 💙 Disco" shirt is in the mail

Re: What's so great about Discover?☺️

randomguy1 — Mon, 23 Sep 2019 02:53:43 GMT

Disco gave me my second card during my rebuild. Organically hit q3 bonus easy. Their website and app are nice when they actually work. Lot of bugs.

Re: What's so great about Discover?☺️

ficosuave — Mon, 23 Sep 2019 03:52:12 GMT

I've also had the 20 minute waits in their new messaging system. Had to deal with a fraudulent charge recently, immediately froze the card and got on the chat/messaging. 20 minutes between responses, overall going back and forth for over an hour and a half, ultimately to be told they actually couldn't help and to call in.

Of course a 2 minute call got it taken care of. Their phone reps are still tops, but the messaging system is a clear downgrade from the old real-time chat, in my experience.

On the plus side though, their alerts are lightning quick. Which is how the fraud was detected to begin with.

Re: What's so great about Discover?☺️

Anonymous — Mon, 23 Sep 2019 03:59:37 GMT

I’m still trying to wrap my head around that post from a few days ago; second Discover given within 3 months of the first aaaaaaand they had a one year old BK. Scores were not high either.

Re: What's so great about Discover?☺️

SEAlifer — Mon, 23 Sep 2019 04:24:31 GMT

Love the card designs. Got a rainbow card for Pride month and the ocean blue for the rest of the year and I've received a lot of compliments for both. It was my first unsecured card and they gave me $6,000 to start which isn't bad. I've found it's accepted everywhere except randomly for parking situations and a few small Asian restaurants where I just didn't see the logo, they might have taken it for all I know. I did get rejected for a CLI after 4 statements but I'm carrying around a $1,300 balance so that's pretty understandable. I've made a lot of cashback so far with their 5% categories in just five short months. My strategy is to make it my primary card for the first year, when I'm going to get 2% back on all purchases, and then get another one on my first anniversary. I like effectively getting 10% back on those quarterly categories for the first year of the card. I'll probably get the PayPal MC or the Citi DoubleCash as a primary card after I have year of history. The only downside to the card seems to be that it's not accepted in very many places internationally. So yeah, I really like them so far.

Re: What's so great about Discover?☺️

Meanmchine — Mon, 23 Sep 2019 04:48:24 GMT

The three cards I carry the most often in my wallet are

1) My debit card ( I know I know )

2) Either my Amex BCE or Green

3) My Discover Card

Its a comfort thing for me. No thrills

Re: What's so great about Discover?☺️

Anonymous — Mon, 23 Sep 2019 05:24:31 GMT

@SEAlifer wrote:
Love the card designs. Got a rainbow card for Pride month and the ocean blue for the rest of the year and I've received a lot of compliments for both. It was my first unsecured card and they gave me $6,000 to start which isn't bad. I've found it's accepted everywhere except randomly for parking situations and a few small Asian restaurants where I just didn't see the logo, they might have taken it for all I know. I did get rejected for a CLI after 4 statements but I'm carrying around a $1,300 balance so that's pretty understandable. I've made a lot of cashback so far with their 5% categories in just five short months. My strategy is to make it my primary card for the first year, when I'm going to get 2% back on all purchases, and then get another one on my first anniversary. I like effectively getting 10% back on those quarterly categories for the first year of the card. I'll probably get the PayPal MC or the Citi DoubleCash as a primary card after I have year of history. The only downside to the card seems to be that it's not accepted in very many places internationally. So yeah, I really like them so far.

Wait...you can get two card designs for the same account? I’ve always wanted that but thought if I ordered a new one they would void the current one.

Re: What's so great about Discover?☺️

SEAlifer — Mon, 23 Sep 2019 05:29:25 GMT

@Anonymous wrote:
@SEAlifer wrote:
Love the card designs. Got a rainbow card for Pride month and the ocean blue for the rest of the year and I've received a lot of compliments for both. It was my first unsecured card and they gave me $6,000 to start which isn't bad. I've found it's accepted everywhere except randomly for parking situations and a few small Asian restaurants where I just didn't see the logo, they might have taken it for all I know. I did get rejected for a CLI after 4 statements but I'm carrying around a $1,300 balance so that's pretty understandable. I've made a lot of cashback so far with their 5% categories in just five short months. My strategy is to make it my primary card for the first year, when I'm going to get 2% back on all purchases, and then get another one on my first anniversary. I like effectively getting 10% back on those quarterly categories for the first year of the card. I'll probably get the PayPal MC or the Citi DoubleCash as a primary card after I have year of history. The only downside to the card seems to be that it's not accepted in very many places internationally. So yeah, I really like them so far.
Wait...you can get two card designs for the same account? I’ve always wanted that but thought if I ordered a new one they would void the current one.

I've read you can get three total. Then in the app you can activate and deactivate them as you like. My rainbow one is deactivated and in the sock drawer right now but I could turn it back on whenever I like and either use both at once or deactivate the ocean one. I'm waiting on my third one until I see someone else with one that I have to have, hehe.

Re: What's so great about Discover?☺️

Anonymous — Mon, 23 Sep 2019 05:40:02 GMT

@Anonymous wrote:
@SEAlifer wrote:
Love the card designs. Got a rainbow card for Pride month and the ocean blue for the rest of the year and I've received a lot of compliments for both. It was my first unsecured card and they gave me $6,000 to start which isn't bad. I've found it's accepted everywhere except randomly for parking situations and a few small Asian restaurants where I just didn't see the logo, they might have taken it for all I know. I did get rejected for a CLI after 4 statements but I'm carrying around a $1,300 balance so that's pretty understandable. I've made a lot of cashback so far with their 5% categories in just five short months. My strategy is to make it my primary card for the first year, when I'm going to get 2% back on all purchases, and then get another one on my first anniversary. I like effectively getting 10% back on those quarterly categories for the first year of the card. I'll probably get the PayPal MC or the Citi DoubleCash as a primary card after I have year of history. The only downside to the card seems to be that it's not accepted in very many places internationally. So yeah, I really like them so far.
Wait...you can get two card designs for the same account? I’ve always wanted that but thought if I ordered a new one they would void the current one.

You can have a bunch. I have heard of people who have 10 of them but there's like a limit of 4 or 5 active at once. I personally have three designs - Pride, Dawn of Discover, and the iridescent one.

They track the separate cards by the A code on the back. My Pride is A001, Dawn is A002, and iridescent is A003.