topic Re: Upgrade to Walmart Discover card! in Credit Cards

Upgrade to Walmart Discover card!

Smarter — Tue, 24 May 2011 01:30:57 GMT

In my mailbox today is a letter saying "Congratulations on your upgrade to the Walmart Discover Card". I thought they didn't do that? It says I can call if I want to decline it or just do nothing and it should arrive in 6 weeks. Same APR as my Walmart card--19.87%--yuck, but "up tp" 1% cash back. I have not read all the details of that yet. I use my Walmart card alot...I guess I will take the upgrade..??

Re: Upgrade to Walmart Discover card!

Anonymous — Tue, 24 May 2011 01:33:01 GMT

How long have you had the store card for before the letter? How much did you put through it each month?

Re: Upgrade to Walmart Discover card!

Smarter — Tue, 24 May 2011 01:36:56 GMT

Got the card in 4/2008. It has a limit of 1225.00 right now and a balance od 112.00. I ran about 800.00 through at Christmas and paid it off before the statement hit. I usually PIF, and probably run about 100-150 through each month--often more at Sams than Walmart.

Re: Upgrade to Walmart Discover card!

Smarter — Tue, 24 May 2011 15:30:47 GMT

I am wondering if accepting this Walmart Discover card will hurt my score at all. It says that they will close my existing Walmart card and open the new Discover card once I activate it. The Walmart card is not my oldest, so it shouldn't hurt my AAoA, but will adding a new account hurt? I have enough credit now on my existing MC's and Visa's...I don't have a Discover, but this does not count as a "real" Discover, right? The 1% reward only applies if you run over 3000.00 through in a year. Probabaly won't happen, and I have better rewards with other cards. Does anybody know if the credit limits are generally higher with the Discover? I have come too far to **bleep** anything up now....

Re: Upgrade to Walmart Discover card!

tsquad131 — Tue, 24 May 2011 16:29:49 GMT

they will probably keep the same credit limit you already hold with them. and yes it will probably hurt your score a little because it will be a new account thus lowering your aaoa but you should be able to bounce back in 6 months.

Re: Upgrade to Walmart Discover card!

Smarter — Tue, 24 May 2011 16:43:11 GMT

Hmmm. I will have to think about this. I have until July 5th to turn it down. I am 2 months away from hitting 10 years on my AAoA, which I don't really know if that is a real milestone or not! I have not asked for any new credit in a long time--just gardening--and I don't want to mess it up, even for 6 months!

Re: Upgrade to Walmart Discover card!

Anonymous — Wed, 25 May 2011 19:09:33 GMT

I just received the same letter in the mail a couple days ago. This will upgrade my Walmart card to a Discover. It will arrive in six weeks, if i don't decline. I have had my Walmart card since Dec 09. My limit currently is 875.00. I use it about twice a month. I will take the upgrade.

Re: Upgrade to Walmart Discover card!

Anonymous — Thu, 26 May 2011 10:41:17 GMT

Will Discover give us regular CLI ? GEMB has spoiled me ..... Im keeping my Walmart card. I already have 2 new accounts this year.

Re: Upgrade to Walmart Discover card!

Anonymous — Thu, 26 May 2011 12:03:24 GMT

Hi! I'm new here, but been reading the posts for some time. I also got the upgrade offer. I have a Discover card that I just got a week ago. This upgrade wouldn't affect that card would it? I can have more than one Discover card? I don't know if I'm going to take the offer or not.

Re: Upgrade to Walmart Discover card!

Smarter — Thu, 26 May 2011 13:45:13 GMT

I am not sure. I can't decide if I want to take the Discover or not. From what I have read on here, it doesn't sound like the CL's are much higher..it seems like the only benefit is the ability to use it anywhere and I guess it would report an a regular credit card and not a "store card"..?? I already have a good mix of both, so I am trying to decide if there is any real benfit to me to accept it.

Re: Upgrade to Walmart Discover card!

Anonymous — Thu, 26 May 2011 21:04:37 GMT

lol. just take it. my dgf got a walmart discover cl of 900 and they increased her limit after 6 motnhs to 3950.

Re: Upgrade to Walmart Discover card!

Smarter — Thu, 26 May 2011 21:47:02 GMT

Well, that makes me feel better! Lol.

Re: Upgrade to Walmart Discover card!

MagicShot — Fri, 29 Jul 2011 03:23:18 GMT

@Smarter wrote:
Hmmm. I will have to think about this. I have until July 5th to turn it down. I am 2 months away from hitting 10 years on my AAoA, which I don't really know if that is a real milestone or not! I have not asked for any new credit in a long time--just gardening--and I don't want to mess it up, even for 6 months!

Did you every get the upgraded card?

I got the same offer and I didnt opt out of it, So I would assume It should be coming sometime soon, but havent gotten mine yet. and the 5th was a little over 3 weeks ago. Could they meant 6 weeks after July 5th?

Re: Upgrade to Walmart Discover card!

Smarter — Fri, 29 Jul 2011 13:32:51 GMT

No. I was just thinking about that yesterday. It is well past 6 weeks. Maybe I should call them and check on it...?

Re: Upgrade to Walmart Discover card!

MagicShot — Fri, 29 Jul 2011 13:34:28 GMT

@Smarter wrote:
No. I was just thinking about that yesterday. It is well past 6 weeks. Maybe I should call them and check on it...?

Prolly i donno if they have records of what they send out like that or not? Might be good idea to give them a call.

Re: Upgrade to Walmart Discover card!

Smarter — Fri, 29 Jul 2011 21:31:22 GMT

The card came today. My credit limit on my Walmart card was 1250.00 and the letter with the new one says 3500.00. Very happy about that. This card has a whole different account number. I just activated it and logged into my account, but the old card and credit line are still there. Maybe it takes a little while...glad they gave me an increase!

Re: Upgrade to Walmart Discover card!

BungalowMo — Fri, 29 Jul 2011 21:38:47 GMT

I caught this post the other day for all you wally card holders.... TU FICO's online on statements.

http://ficoforums.myfico.com/t5/Credit-Cards/Walmart-Credit-Card-Users-FREE-Fico-Scores-are-available/m-p/978998/highlight/true#M278978

Just thought I'd pass it along if you didn't know...

Re: Upgrade to Walmart Discover card!

MagicShot — Fri, 29 Jul 2011 22:28:45 GMT

Congrats, I still haven't gotten mine. I was gonna call them but got too busy doing house stuff. Hopefully mine comes soon.

Re: Upgrade to Walmart Discover card!

MagicShot — Sat, 30 Jul 2011 00:02:34 GMT

Update I called them and they said it shipped yesterday! Yay

Re: Upgrade to Walmart Discover card!

Smarter — Sat, 30 Jul 2011 00:20:43 GMT

Great! My online account is still the same. I guess I will wait until tomorrow and see if the account number and limit change. If not, I will have to call. The letter said to just get rid of my old one and start using the new one, so who knows? I am just happy about the increase!