@Remedios wrote:
@Anonymous wrote:And just a reminder that huge limits on Discover aren't "needed" compared to other cards. The 5% category caps out at $1,500 spend per quarter. Perhaps useful for the first year of Miles if you plan to spend a lot (via MS or otherwise) but otherwise they are 1%/1.5% cards which shouldn't be seeing a lot of your spend.
Yes, I know, "util padding" blah blah blah!
I think it's valuable for those who may want to have a card with BT offers without having to apply for another one. In the case of BT, higher limit is a blessing. I've never done a BT, but that's the only reason why I haven't closed it yet.
With that said, I pad my utilization with my checkbook.
+1 really only two things Discover is useful for which is first year and BT's.. Hence a decent limit for BT's although if you have been on this forum long enough you are bound to have a decent BT card with a decent limit other than discover. I just simply use them for the Cat 5% now and leave the frustration behind, yet I still like to vent how they are backwards on their business model from my eyes, obviously I don't see their metrics as sure people with alot less credit or new or rebuilding credit are alot more profitable to them
@Anonymous wrote:
Thanks for that link! Seems like it’s everyones highest limit, i looked at Discover’s pre approved screen and there were no offers for me so it kinda makes me feel a tad bit doubtful about it all. I did a pre approval for Amex and the BCE and delta miles card showed up for me, so my mind has me going back and forth between the two.
I might check out my pre approval options for discover again in two weeks and see if I’m lucky
not sure if you read my link but I had no preapprovals either. Cold apps on disco and amex.