Discover approved on recon!

[wacdenney]

I was just reading through the invitation I used during the app and it lists a 10.99% APR.  That seems awfully low.  I'm not complaining, but is this normal for Discover?

It seems odd their system would deny my cold app and then a week later they would send me a pre-approval with such a low APR.  Come to think of it, 4.5k is a decent CL also, especially right on the heals of a denail.

[Anonymous]

10.99% plus the starling line is pretty sweet! I've given up on trying to figure out the methods of madness with any of these lenders lol Noticing all of them have a certain level of strangeness. Wont give a credit line increase but will approve for a second card with a high credit line etc Weird. Did they not offer you the 0% promo for 14 months?

[wacdenney]

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@Anonymous wrote:

10.99% plus the starling line is pretty sweet! I've given up on trying to figure out the methods of madness with any of these lenders lol Noticing all of them have a certain level of strangeness. Wont give a credit line increase but will approve for a second card with a high credit line etc Weird. Did they not offer you the 0% promo for 14 months?

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Yes, there doesn't seem to be much of anything resembling logic applied to most lender's procedures.

The offer letter says:  0% for 15 months,  10.99% APR,  3% BT fee,  No AF,  Free FICO score.

It also says I should try it and that I would likely LOVE it... 

[Anonymous]

Is the 0% for purchases, balance transfers or both? If its both you got a GREAT deal! If not its still a pretty sweet deal My 0% is for purchases, didnt even check on balance transfers since I have no use for it

[wacdenney]

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@Anonymous wrote:

Is the 0% for purchases, balance transfers or both? If its both you got a GREAT deal! If not its still a pretty sweet deal My 0% is for purchases, didnt even check on balance transfers since I have no use for it

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Purchases AND BTs.  So hell I guess I'm not nearly as excited as I should be then...

I may very well use the BT offer.  Right now my single balance I'm carrying is on CSP because I'm trying to meet the min spend for the signup bonus.  As soon as that's met I will be transfering whatever I don't pay off somewhere.  Might as well be Discover!

[Anonymous]

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@wacdenney wrote:

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@Anonymous wrote:

Is the 0% for purchases, balance transfers or both? If its both you got a GREAT deal! If not its still a pretty sweet deal My 0% is for purchases, didnt even check on balance transfers since I have no use for it

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Purchases AND BTs.  So hell I guess I'm not nearly as excited as I should be then...

I may very well use the BT offer.  Right now my single balance I'm carrying is on CSP because I'm trying to meet the min spend for the signup bonus.  As soon as that's met I will be transfering whatever I don't pay off somewhere.  Might as well be Discover!

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Ok now I'm jealous lol You made me take a look at my paperwork cause I saved the pretty packaging that came with the card. You'll see what I mean when you get it! Mine is for both but its 14 months not 15 and then my APR is 18.99% Get more excited

[alvon123]

congrats

[wacdenney]

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@Anonymous wrote:

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@wacdenney wrote:

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@Anonymous wrote:

Is the 0% for purchases, balance transfers or both? If its both you got a GREAT deal! If not its still a pretty sweet deal My 0% is for purchases, didnt even check on balance transfers since I have no use for it

---

Purchases AND BTs.  So hell I guess I'm not nearly as excited as I should be then...

I may very well use the BT offer.  Right now my single balance I'm carrying is on CSP because I'm trying to meet the min spend for the signup bonus.  As soon as that's met I will be transfering whatever I don't pay off somewhere.  Might as well be Discover!

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Ok now I'm jealous lol You made me take a look at my paperwork cause I saved the pretty packaging that came with the card. You'll see what I mean when you get it! Mine is for both but its 14 months not 15 and then my APR is 18.99% Get more excited

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OK OK OK You've convinced me!  Happy dance!!

I'm still jealous of your Sallie though... 

[Anonymous]

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@wacdenney wrote:

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@Anonymous wrote:

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@wacdenney wrote:

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@Anonymous wrote:

Is the 0% for purchases, balance transfers or both? If its both you got a GREAT deal! If not its still a pretty sweet deal My 0% is for purchases, didnt even check on balance transfers since I have no use for it

---

Purchases AND BTs.  So hell I guess I'm not nearly as excited as I should be then...

I may very well use the BT offer.  Right now my single balance I'm carrying is on CSP because I'm trying to meet the min spend for the signup bonus.  As soon as that's met I will be transfering whatever I don't pay off somewhere.  Might as well be Discover!

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Ok now I'm jealous lol You made me take a look at my paperwork cause I saved the pretty packaging that came with the card. You'll see what I mean when you get it! Mine is for both but its 14 months not 15 and then my APR is 18.99% Get more excited

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OK OK OK You've convinced me!  Happy dance!!

I'm still jealous of your Sallie though... 

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Then we're even! You'll get one eventually I'm sure

[coldnmn]

Congrats! Thanks for sharing.