topic Re: Discover It Big NEWS! All Discover cardmembers must read!! in Credit Cards

Discover It Big NEWS! All Discover cardmembers must read!!

jpparker07 — Mon, 17 Dec 2012 16:56:36 GMT

I know there are previous posts on this card about how it disappeared and how now the Discover It card is the main card on the page. I called and I have a few HUGE (when it comes to credit cards) confirmations.

1. Discover More is GONE. Discover representative confirmed that they are moving towards the IT immediately. There is even a specific number to deal with new Discover It inquiries. Discover More clients aren't being changed as of yet, but most will change on their own because......

2. The Discover It offers 1% cashback on every purchase. THERE IS NO 3000 DOLLAR THRESHOLD. I immediately product changed into the Discover It, obviously.

3. The transition is extremely easy took 2 minutes. This makes me think they are hoping most people will begin to do this on there own without having to transition them later on.

I recommend that everyone product change. You lose being able to choose your own design but that 1% thing is pretty significant!

Re: Discover It Big NEWS! All Discover cardmembers must read!!

kevinjjc — Mon, 17 Dec 2012 17:05:14 GMT

Wow! This is big news!

Re: Discover It Big NEWS! All Discover cardmembers must read!!

bostonte — Mon, 17 Dec 2012 17:06:24 GMT

You are mistaken about the rewards. Click on the terms and conditions link and you will find the following:

REWARDS: We will send full terms and conditions with your card. Earn .25% Cashback Bonus® on your first $3000 in annual purchases and on all warehouse purchases made at warehouse clubs, wholesale distributors, discount stores and their affiliates. Earn 1% on purchases over $3000. Each quarterly 5% program has a cap on category purchases. The amount of the cap may change. 5% category purchases over the quarterly cap earn up to 1% Cashback Bonus. Warehouse and 5% category purchases do not count towards your first $3000.

Re: Discover It Big NEWS! All Discover cardmembers must read!!

jpparker07 — Mon, 17 Dec 2012 17:13:16 GMT

I specifically asked the representative if the It Cards differs from the More in that there is no threshold before you earn 1% and she said that I was correct. You earn 1% right out of the gate. It happened since they made the change (which was yesterday). So maybe current IT cardholders are still earning .25 up to this point.

Re: Discover It Big NEWS! All Discover cardmembers must read!!

Anonymous — Mon, 17 Dec 2012 17:13:45 GMT

When I click on "Terms and Conditions", I see this:

REWARDS: We will send full terms and conditions with your card. Each quarterly 5% program has a cap on category purchases and you must sign up for each program. The amount of the cap may change. 5% category purchases over the quarterly cap, and all other purchases, earn a full 1% cash back. Click here to see the current 5% program details.

If that's really true, then that's a huge improvement!

Re: Discover It Big NEWS! All Discover cardmembers must read!!

Anonymous — Mon, 17 Dec 2012 17:15:40 GMT

I just swtiched, talked to a rep and she confirmed it was 1% on everything with no pre spending amount requirement. Considering I maxed out this quaters category in 2 weeks this change was a no-brainer.

Re: Discover It Big NEWS! All Discover cardmembers must read!!

jpparker07 — Mon, 17 Dec 2012 17:16:50 GMT

And now it has changed to what you are saying. I have no idea whats going on now! I called and they said 1% from the start.

Re: Discover It Big NEWS! All Discover cardmembers must read!!

nick125 — Mon, 17 Dec 2012 17:20:03 GMT

Just called and upgraded my More card. They did confirm that it is 1% cashback without the tiers.

Re: Discover It Big NEWS! All Discover cardmembers must read!!

SwiftTone — Mon, 17 Dec 2012 17:21:22 GMT

No metal card?? ;(

Re: Discover It Big NEWS! All Discover cardmembers must read!!

HiLine — Mon, 17 Dec 2012 17:24:02 GMT

I would rather wait for the official Terms&Conditions. CSR's being misinformed is not a new story, especially during periods of significant product portfolio re-structuring.

Re: Discover It Big NEWS! All Discover cardmembers must read!!

youngman1234 — Mon, 17 Dec 2012 17:26:46 GMT

Wait so if u have a more card it will become a IT card ?? I was actually thinking to apply for a it card next year around feb so that I could have 2 discover cards... I love discover !!! On a recent post/discussion it was said that discover needs 1 year history before u can have 2 cards... I have been with them since nov 2011.. Anyone apply for a second card after 14 months history ?? Side note they have treated me really well 1k to 15k limit !!!

Re: Discover It Big NEWS! All Discover cardmembers must read!!

Jutz — Mon, 17 Dec 2012 17:29:16 GMT

@youngman1234 wrote:
Wait so if u have a more card it will become a IT card ?? I was actually thinking to apply for a it card next year around feb so that I could have 2 discover cards... I love discover !!! On a recent post/discussion it was said that discover needs 1 year history before u can have 2 cards... I have been with them since nov 2011.. Anyone apply for a second card after 14 months history ?? Side note they have treated me really well 1k to 15k limit !!!

Call and ask them, worst case it looks like a pretty easy PC/Upgrade.

What bureau does Disc normally pull? I checked on whogavemecredit but it's such a cluster

Re: Discover It Big NEWS! All Discover cardmembers must read!!

Pworld — Mon, 17 Dec 2012 17:32:10 GMT

Hold on? so you get %1 out the gate?? Uh ohhhh!!! *runs to phone*

Kicks Kiddie limit Chase Freedom Card to outerspace and a planet named sock drawer!

R.I.P. my wonderful california palm trees design more card though (sigh)

Re: Discover It Big NEWS! All Discover cardmembers must read!!

jpparker07 — Mon, 17 Dec 2012 17:33:14 GMT

What I think may be happening is that the 1% on everything starts at the beginning of the year. My transition doesn't happen until January 2, 2013, but since they are letting people apply for the IT card before that time they have to display the cashback rates for this current year.

Re: Discover It Big NEWS! All Discover cardmembers must read!!

GoldenloveNY — Mon, 17 Dec 2012 17:41:33 GMT

Wow...This is BIG News! So glad I decided to PC to the IT two weeks ago! Cant wait to start earning the full 1% in Janurary...the 0.25% was crazy. Glad they decided to ditch it....

Woohoo!!!!!

Re: Discover It Big NEWS! All Discover cardmembers must read!!

Anonymous — Mon, 17 Dec 2012 17:42:58 GMT

Priceline Visa and Fidelity Amex both offer 2% on everything, so not sure why this is SO exciting!

Re: Discover It Big NEWS! All Discover cardmembers must read!!

HiLine — Mon, 17 Dec 2012 17:44:16 GMT

@youngman1234 wrote:
Wait so if u have a more card it will become a IT card ?? I was actually thinking to apply for a it card next year around feb so that I could have 2 discover cards... I love discover !!! On a recent post/discussion it was said that discover needs 1 year history before u can have 2 cards... I have been with them since nov 2011.. Anyone apply for a second card after 14 months history ?? Side note they have treated me really well 1k to 15k limit !!!

I would apply right now. You have passed the 1 year minimum requirement.

If you really need a Discover More, you can use my affiliate link:

https://www.discovercard.com/cardmembersvcs/acqs/app/getapp?sc=KBH2&iq_id=yraf_1028974953_em_15_1003545

Re: Discover It Big NEWS! All Discover cardmembers must read!!

jpparker07 — Mon, 17 Dec 2012 17:47:03 GMT

Just spoke to a Discover It specialist. As of December 16, 2013 the Discover It and ONLY the Discover It offers 1% on every purchase. Some people are seeing the old terms and conditions because the website is being updated and some of the webpages are displaying as yesterdays.

Re: Discover It Big NEWS! All Discover cardmembers must read!!

brother7 — Mon, 17 Dec 2012 17:55:52 GMT

Wouldn't it be great if Walmart Discover follows suit?

Since Walmart Discover is managed by GECRB, I'm not holding my breath for that one

Re: Discover It Big NEWS! All Discover cardmembers must read!!

Anonymous — Mon, 17 Dec 2012 17:57:53 GMT

Just called to convert. They said my conversion happens the first day of my next billing cycle (this one closes on christmas day). They will expedite on that day and confirmed the 1% on all purchases.

in like flynn