Author Topic: Discover IT card (Read 89325 times)

Malachi · « **Reply #120 on:** July 23, 2015, 07:46:05 AM »

Quote from: srap on July 23, 2015, 05:28:01 AM

Other than 12-15 months of 0%APR, are there any other differences among offers?

I know of two possible bonuses tacked onto offers: $100 Amazon GC or $150 CB targeted.

There's also a 50 after first purchase. If referred

Tzafnas Paneach · « **Reply #121 on:** August 14, 2015, 02:31:40 PM »

What credit bureau does discover pull from in the Baltimore area?

Labeled1 · « **Reply #122 on:** August 14, 2015, 03:51:19 PM »

Quote from: Tzafnas Paneach on August 14, 2015, 02:31:40 PM

What credit bureau does discover pull from in the Baltimore area?

Does geographic location in the 48 continental states matter? I don't know, but they pulled mine from Equifax; I live in the midwest.

ChaimMoskowitz · « **Reply #123 on:** August 14, 2015, 03:57:02 PM »

Quote from: Labeled1 on August 14, 2015, 03:51:19 PM

Does geographic location in the 48 continental states matter? I don't know, but they pulled mine from Equifax; I live in the midwest.

Yes and also pulled EQ.

Tzafnas Paneach · « **Reply #124 on:** August 14, 2015, 04:08:33 PM »

Quote from: ChaimMoskowitz on August 14, 2015, 03:57:02 PM

Yes and also pulled EQ.

How do they split it up geographically? By zone? Can I assume Baltimore is the same anywhere on the east coast?

ChaimMoskowitz · « **Reply #125 on:** August 14, 2015, 04:18:58 PM »

Quote from: Tzafnas Paneach on August 14, 2015, 04:08:33 PM

How do they split it up geographically? By zone? Can I assume Baltimore is the same anywhere on the east coast?

It is hit or miss. Creditboards has a database of pulls.

Jacobos · « **Reply #126 on:** August 20, 2015, 02:08:04 AM »

Just got an offer today and it has double Cashback effectively making the five percent categories ten percent is that correct??

yitzy93 · « **Reply #127 on:** August 20, 2015, 02:22:16 AM »

Quote from: Jacobos on August 20, 2015, 02:08:04 AM

Just got an offer today and it has double Cashback effectively making the five percent categories ten percent is that correct??

Yes

lchaim123 · « **Reply #128 on:** August 20, 2015, 01:10:09 PM »

Just curious - if I am trying to put my attention on cash back for the next 12 months ( I feel like i have another miles for my travel goals for the next year or so) - would it not be better to still go after ultimate rewards points because even though they earn 1% cash back (vs 2% on discover IT or 3% discover miles) the sign up bonus alone of 45k (csp) to ink (50-70k) - is worth $450 to $500 to $700 in cash back.

It would take $35,000 of spend on discover IT to earn that kind of cash back. Maybe $20,000 if maxed out the 5%/10% categories

Just curious if this is right move if cash back is the aim?

TIA

etech0 · « **Reply #129 on:** August 20, 2015, 01:19:45 PM »

Quote from: lchaim123 on August 20, 2015, 01:10:09 PM

Just curious - if I am trying to put my attention on cash back for the next 12 months ( I feel like i have another miles for my travel goals for the next year or so) - would it not be better to still go after ultimate rewards points because even though they earn 1% cash back (vs 2% on discover IT or 3% discover miles) the sign up bonus alone of 45k (csp) to ink (50-70k) - is worth $450 to $500 to $700 in cash back.

It would take $35,000 of spend on discover IT to earn that kind of cash back. Maybe $20,000 if maxed out the 5%/10% categories

Just curious if this is right move if cash back is the aim?

TIA

Once you hit the threshold for the CSP/Ink, THEN go with discover for 2%

lchaim123 · « **Reply #130 on:** August 20, 2015, 01:27:57 PM »

threshold? do you mean spend?

i never hit the 50k threshold on office supplies
don't see a threshold on the sapphire...

etech0 · « **Reply #131 on:** August 20, 2015, 01:31:07 PM »

Quote from: lchaim123 on August 20, 2015, 01:27:57 PM

threshold? do you mean spend?

i never hit the 50k threshold on office supplies
don't see a threshold on the sapphire...

There is a spend threshold to get the 40,000 points for the SP.

lchaim123 · « **Reply #132 on:** August 20, 2015, 02:39:45 PM »

so you get the spend on CSP and Ink and then switch to Discover...

Discover is more of a stop-gap for everyday expenses in between applications?

David Smith · « **Reply #133 on:** August 20, 2015, 02:46:47 PM »

You can always sell UR points for close to 1.5 cents each, if you want to go that route.

etech0 · « **Reply #134 on:** August 20, 2015, 02:47:18 PM »

Quote from: lchaim123 on August 20, 2015, 02:39:45 PM

so you get the spend on CSP and Ink and then switch to Discover...

Discover is more of a stop-gap for everyday expenses in between applications?

It can be. If you're going the CB route, there's also BCP for groceries, etc...

Freddie · « **Reply #135 on:** September 29, 2015, 10:02:36 PM »

Just got in the mail over yom tov an offer for this card for 2x cb for the first year. I assume that means that the 5x quarterly categories effectively become 10x for the year. Yes?

If so, is this a good deal? The best I can see myself grossing in a year is the limit of $1,500 cap x 4 quarters x 5% x double points = $600.

Figure in the GC fees and all the time and hassle and I can't see this being worth much. But I may be missing something. PMs welcome.

emak · « **Reply #136 on:** September 29, 2015, 10:55:41 PM »

Where does Discover pull from?

David Smith · « **Reply #137 on:** September 29, 2015, 10:56:18 PM »

Quote from: emak on September 29, 2015, 10:55:41 PM

Where does Discover pull from?

Pulled my TU.

tjak · « **Reply #138 on:** September 29, 2015, 10:57:11 PM »

Quote from: Freddie on September 29, 2015, 10:02:36 PM

Just got in the mail over yom tov an offer for this card for 2x cb for the first year. I assume that means that the 5x quarterly categories effectively become 10x for the year. Yes?

If so, is this a good deal? The best I can see myself grossing in a year is the limit of $1,500 cap x 4 quarters x 5% x double points = $600.

Figure in the GC fees and all the time and hassle and I can't see this being worth much. But I may be missing something. PMs welcome.

Good morning, this deal has been talked about on every blog for the past 3 month.
Add in to your calculations the discover portal, and now the Apple pay promo.

tjak · « **Reply #139 on:** September 29, 2015, 11:01:09 PM »

Quote from: emak on September 29, 2015, 10:55:41 PM

Where does Discover pull from?

By me they pulled all three. But from most other reports I've seen it doesn't seem like that's the usual.