So the Diner's club card is now accepting new applications after being closed out to new apps for years. Anyone thinking about jumping on this? It reminds me of my childhood when my father used to carry the DC card. Back then it was an outstanding rewards card until they did away with the restaurant perks. I always wanted one, but I don't think it fits in with my portfolio at the current time.
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@Anonymous wrote:On the back of my Discover card IT is a Diner's Club logo.
So what's the difference and if my Discover is accepted at a Diner's Club, merchant it seems silly to apply for a separate card.
Your thoughts?
Not sure of your point. I'm sure the merchants would also accept visa and mastercard. At one point discover bought diner's club international, but north america is now owned by the Bank of Montreal. I believe the new cards are on the mastercard network. Its a completely different program from discover so other than that logo they have nothing in common.
Fees are pretty steep on both cards.. with the lack of good rewards.
@Anonymous wrote:
@red259 wrote:
@Anonymous wrote:On the back of my Discover card IT is a Diner's Club logo.
So what's the difference and if my Discover is accepted at a Diner's Club, merchant it seems silly to apply for a separate card.
Your thoughts?
Not sure of your point. I'm sure the merchants would also accept visa and mastercard. At one point discover bought diner's club, but now its owned by the Bank of Montreal. I believe the new cards are on the mastercard network. Its a completely different program from discover so other than that logo they have nothing in common.
According to wiki, DFS still owns Diner's Club.
http://en.m.wikipedia.org/wiki/Diners_Club_International
Actually if you read your link and looked at the north america section you would see that portion of the business was sold to the Bank of Montreal. What Discover bought was the diner's club international because they wanted to access to the payment network to grow their business. I didn't realize at first that Discover never bought north america either. Citi held on to it and sold it just a little latter which is why Us/Canada Diner's Club cards are MCs.
@Anonymous wrote:
@-Kenny- wrote:
Fees are pretty steep on both cards.. with the lack of good rewards.It looks like the $95 card still has both lounge access and transferability of points to many FF programs. That's not bad.
Its not bad and probably better than Citi, but I'd still rather earn UR, SPG and MR points first. Some reviews say they are slow on the points transfers which can be a problem when trying to redeem reward travel.
