topic Re: Finally gor Walmart Discover upgrade offer! in Credit Cards

Finally got Walmart Discover upgrade offer!

emptypockets — Tue, 07 Aug 2012 16:22:22 GMT

Signed into my account today, and the offer to upgrade to Walmart Discover popped up (account has been open since 7/07). Also noticed the following language on agreement to upgrade:

In order to use your new Walmart Discover card, you must call to activate it upon receipt. Once activated, your existing account will be CLOSED and any existing balance on your Walmart Credit Card account will be transferred to your new Walmart Discover Card account. If you do not call to activate your new Walmart Discover card, after 90 days your Walmart Discover card account will be CLOSED. Your existing Walmart Credit card account will remain open.

I accepted the offer. The only bummer is, my existing Walmart credit line was $4500 (after most recent CLI 6/12). My new Discover limit is $4600 Oh well....

Re: Finally gor Walmart Discover upgrade offer!

jsucool76 — Tue, 07 Aug 2012 16:20:19 GMT

I wouldn't be too upset, you got a $100 CLI and an upgrade to a discover card

Re: Finally gor Walmart Discover upgrade offer!

emptypockets — Tue, 07 Aug 2012 16:21:56 GMT

Not really upset....every little bit counts. My glass is half full, not half empty. Was wondering if I would EVER get the upgrade offer.

Re: Finally gor Walmart Discover upgrade offer!

CK_Charles_Lover — Tue, 07 Aug 2012 16:28:43 GMT

Congrats, can't believe it took them so long. You will auto cli too. I have gotten probably 3 since switching to discover, some after 2 months.

Re: Finally gor Walmart Discover upgrade offer!

kobe2012 — Tue, 07 Aug 2012 17:07:57 GMT

congratz! i can't wait for mine to show up....

Re: Finally gor Walmart Discover upgrade offer!

lovely222 — Tue, 07 Aug 2012 21:19:43 GMT

Oh man, I just accepted my upgrade but it only went from $1524 to $2500.

Will this kill my AAoA? It's only around4 years anyway.

Boohoo.

Re: Finally got Walmart Discover upgrade offer!

lovely222 — Tue, 07 Aug 2012 21:28:08 GMT

@emptypockets wrote:
Signed into my account today, and the offer to upgrade to Walmart Discover popped up (account has been open since 7/07). Also noticed the following language on agreement to upgrade:

In order to use your new Walmart Discover card, you must call to activate it upon receipt. Once activated, your existing account will be CLOSED and any existing balance on your Walmart Credit Card account will be transferred to your new Walmart Discover Card account. If you do not call to activate your new Walmart Discover card, after 90 days your Walmart Discover card account will be CLOSED. Your existing Walmart Credit card account will remain open.

I accepted the offer. The only bummer is, my existing Walmart credit line was $4500 (after most recent CLI 6/12). My new Discover limit is $4600 Oh well....

Does this mean I can simply not use it and no credit bureaus will know, hency my AAoA won't be affected?

Re: Finally gor Walmart Discover upgrade offer!

webhopper — Tue, 07 Aug 2012 21:28:55 GMT

@lovely222 wrote:
Oh man, I just accepted my upgrade but it only went from $1524 to $2500.

Will this kill my AAoA? It's only around4 years anyway.

Boohoo.

Congrats!! I see this as a positive thing. You will retain the history of the old account for 10 yrs.

Re: Finally got Walmart Discover upgrade offer!

emptypockets — Tue, 07 Aug 2012 23:26:08 GMT

@lovely222 wrote:
@emptypockets wrote:
Signed into my account today, and the offer to upgrade to Walmart Discover popped up (account has been open since 7/07). Also noticed the following language on agreement to upgrade:

In order to use your new Walmart Discover card, you must call to activate it upon receipt. Once activated, your existing account will be CLOSED and any existing balance on your Walmart Credit Card account will be transferred to your new Walmart Discover Card account. If you do not call to activate your new Walmart Discover card, after 90 days your Walmart Discover card account will be CLOSED. Your existing Walmart Credit card account will remain open.

I accepted the offer. The only bummer is, my existing Walmart credit line was $4500 (after most recent CLI 6/12). My new Discover limit is $4600 Oh well....
Does this mean I can simply not use it and no credit bureaus will know, hency my AAoA won't be affected?

No, it just means ifyou change your mind about the upgrade, just don't activate card new card, and the original (store) card will remain open. Upon activation of the news card, the existing account will be closed. The confirmation e-mail says "if for any reason you do not want the new account, please do not activate the Walmart Discover card and call us immediately."

Re: Finally got Walmart Discover upgrade offer!

flowfaster — Tue, 07 Aug 2012 23:34:27 GMT

Congrats!! Man I have a long time to wait till I get the offer. What's the average amount of time it takes to get the upgrade offer?

Re: Finally got Walmart Discover upgrade offer!

emptypockets — Tue, 07 Aug 2012 23:42:26 GMT

I wouldn'tstay you have a long time to wait. Based on reading the forums, I would say mine took longer than the usual. I can't complain, I really only use the card once every 3-4 months, and they have continued to give CLI's during that time. From what I have read, it seems lke people are getting upgraded at around 2-3 yrs.

Re: Finally got Walmart Discover upgrade offer!

CK_Charles_Lover — Tue, 07 Aug 2012 23:43:08 GMT

I got the upgrade at about 2 years. Yes the store account goes to closed, and the discover reports as a totally new TL. My fico took a hit, but it's worth it. I get cli randomly all the time, where before had to ask every 4 months and maybe only get few hundred.