How Low can we go Disco?

[KLEXH25]

Nice!!! I really do like Discover and want to try to grow it into a nice card.

[AverageJoesCredit]

Thats amazing JR I should come to Texas. Gotta be sweet having the cake (DW) and getting to eat it to ( Miss Disco) 🤠

[CreditInspired]

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@Anonymous wrote:

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@CreditInspired wrote:

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@Anonymous wrote:

6.99 is amazing! Few cards can beat that!

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Hmmmmm. I wonder if ANY card can beat it!

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Space Age FCU here in CO has a heavily geofenced card that has an APR equal to the prime rate which is what that Cap card looks to have too (it says it’s a variable APR - code D says it is calculated monthly when the bill cycles - so it’s likely prime without a margin too). 

The Disco rate is not variable though so it is indeed a gem. 

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Priceless!

[Anonymous]

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@CreditInspired wrote:

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@Anonymous wrote:

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@CreditInspired wrote:

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@Anonymous wrote:

6.99 is amazing! Few cards can beat that!

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Hmmmmm. I wonder if ANY card can beat it!

---

Space Age FCU here in CO has a heavily geofenced card that has an APR equal to the prime rate which is what that Cap card looks to have too (it says it’s a variable APR - code D says it is calculated monthly when the bill cycles - so it’s likely prime without a margin too). 

The Disco rate is not variable though so it is indeed a gem. 

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Priceless!

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... "and for everything else there is Master Card" ...

[CreditInspired]

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@Anonymous wrote:

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@CreditInspired wrote:

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@Anonymous wrote:

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@CreditInspired wrote:

---

@Anonymous wrote:

6.99 is amazing! Few cards can beat that!

---

Hmmmmm. I wonder if ANY card can beat it!

---

Space Age FCU here in CO has a heavily geofenced card that has an APR equal to the prime rate which is what that Cap card looks to have too (it says it’s a variable APR - code D says it is calculated monthly when the bill cycles - so it’s likely prime without a margin too). 

The Disco rate is not variable though so it is indeed a gem. 

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Priceless!

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... "and for everything else there is Master Card" ...

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Wow, this is really good to know. Thanks. 

[JR_TX]

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@AverageJoesCredit wrote:
Thats amazing JR I should come to Texas. Gotta be sweet having the cake (DW) and getting to eat it to ( Miss Disco) 🤠

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Thanks buddy! Yeah you should come to TX! Shiner’s on me!

And here I thought everything’s  BIG in TX! 

Lol apparently can’t say the same of APRs.

[galahad15]

At one point (pre-CARD Act, around 2008-2009 or thereabouts), I had a Discover card that was 5.24% variable rate at the time, but Disco applied a rate jack due to CARD Act, taking the card higher and into the double digits.  They were willing to later lower the card back to 9.99% V, but because of the subsequent Fed rate hikes, the card is now at 12.24% V -- sadly, they were unable lower it back to around the original rate though.