@Swatch wrote:
@AverageJoesCredit wrote:Getting extra cashback offers after initial promo, which is a really good promo by the way, is not very common and in no way shows uou how Discover " feels" about you. Discover is great about allowing us to request lowering of our apr permanently or given additional 0% purchase promos and we should be thankful because most lenders do not do this. Most lenders you are stuck at your apr given at opening of your credit card. Best way to look at people getting promos is to remember everyones experience may vary, YEMV/YMMV .
But it's a fact: they would rather have me close my account than give me an extra 1% for 6 months or 12 months. I explained to them that I really can't make use of the 2% or 5% categories, so it's basically a 1% card to me. They can look at my history, my cashback earnings would be down around 1.03%.
I know that it's just a computer algorithm and a business, and I don't have a great credit score like some others. But my view of the company and my interest in their products has changed because of this single interaction with this rep.
I'm trying to decide between companies for business checking and a business card (which could earn a company good money), and Disco is a bit less interesting to me now. (Besides, they report to personal and don't offer business checking. But I do not qualify for some of the better cards due to my personal score, so I may have to consider ones that report to personal.)
(They also apparently cannot convert me to the Miles card without HP which is something they used to do for customers.)
You cant base your feelings off one experience with a single csr, who often times dont even know their own companies policies, i honestly can say its not fact that Discover would prefer you close your account than offer you more cash back for 6 months.
Discover cards are structured and their terms are plain and simple . When one applies , they should read what it entails which is usually double cash back 1st year, either 2%, 5% , or 3% on Miles than resorts to either 1% or rotating cats.
We cant force them to give us promos that often are as random as a cli. At the end of the day you can choose to go which ever route you like but if you stay on that road you might find a wallet with no lenders
. Their terms their game. Wish you the best going forward
@AverageJoesCredit wrote:You cant base your feelings off one experience with a single csr, who often times dont even know their own companies policies, i honestly can say its not fact that Discover would prefer you close your account than offer you more cash back for 6 months.
Discover cards are structured and their terms are plain and simple . When one applies , they should read what it entails which is usually double cash back 1st year, either 2%, 5% , or 3% on Miles than resorts to either 1% or rotating cats.
We cant force them to give us promos that often are as random as a cli. At the end of the day you can choose to go which ever route you like but if you stay on that road you might find a wallet with no lenders
Yes, I was aware that the cashback would drop down after a year (and I planned to stop using the card after a year). My initial post was just to say that I am one with the opposite experience: that I'm disappointed (and will have to stop using that card) as I had gotten my hopes up about Discover cashback recently.
It's interesting that others seem to find them and Citi to do "random" bonuses and CLIs. I think that they must use algorithms.