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Discover IT received card, but where is 0% APR?

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Regular Contributor

Discover IT received card, but where is 0% APR?

Dad received his card, but I was looking through the terms and he didn't receive the Intro 0% APR for 14 months on purchases and BT. The APR is 25.24% right now and BT is 3%+ 10.99%. Why is this? This is not what was advertised when he signed up..


5% cash back

At different places each quarter, up to the quarterly maximum each time you activate.

Plus, earn unlimited 1% cash back on all other purchases — automatically.
Cashback Match

We'll automatically match all the cash back you've earned at the end of your first year. There's no signing up. And no limit to how much we'll match. 1

0% Intro APR† for 14 months on purchases and balance transfers. 3% Intro Balance Transfer Fee until October 10, 2019.

Then 14.24% to 25.24% Standard Variable Purchase APR and up to 5% fee for future balance transfers will apply.

†See rates, rewards and other info"

Dad's Info: FICO 8 Experian: 627, Credit Karma-Transunion 651; Equifax 656
Capital One QS: $376/$500
Discover IT: $111/$1,250
HSN: $509/$2,000
US Bank: $386/$500
Message 1 of 6
5 REPLIES 5
Community Leader
Super Contributor

Re: Discover IT received card, but where is 0% APR?

BT offers are on approved credit. He may have qualified for the card, but not the BT offer. It should have been in the T&C after he applied.







Message 2 of 6
Super Contributor

Re: Discover IT received card, but where is 0% APR?

Basically if Discover deems a credit profile to be borderline, as evidenced from the highest APR they offer, they will adjust the terms of the offer for intro APRs. 



01/2019:
1/2020:

Hover over my cards to see my limits!
Goal cards: Cash+, Freedom.
Message 3 of 6
Regular Contributor

Re: Discover IT received card, but where is 0% APR?


@Brian_Earl_Spilner wrote:

BT offers are on approved credit. He may have qualified for the card, but not the BT offer. It should have been in the T&C after he applied.


He's qualified for BT...3% fee plus 10.99% APR

Dad's Info: FICO 8 Experian: 627, Credit Karma-Transunion 651; Equifax 656
Capital One QS: $376/$500
Discover IT: $111/$1,250
HSN: $509/$2,000
US Bank: $386/$500
Message 4 of 6
Community Leader
Super Contributor

Re: Discover IT received card, but where is 0% APR?


@TimeLBK wrote:

@Brian_Earl_Spilner wrote:

BT offers are on approved credit. He may have qualified for the card, but not the BT offer. It should have been in the T&C after he applied.


He's qualified for BT...3% fee plus 10.99% APR


Everyone qualifies for BT, not everyone qualifies for the intro BT offer, which depends on that person's credit.







Message 5 of 6
Regular Contributor

Re: Discover IT received card, but where is 0% APR?

Thank you for your input. 

Dad's Info: FICO 8 Experian: 627, Credit Karma-Transunion 651; Equifax 656
Capital One QS: $376/$500
Discover IT: $111/$1,250
HSN: $509/$2,000
US Bank: $386/$500
Message 6 of 6
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