Discover - Credit Card Reviews

The Discover Card is one I will never be without.  I am quite thrifty and I love knowing I'm getting a good deal on something.  My Discover pays me back in full - 1% back on ALL purchases, but also, 4 times a year they have additional categories that will return 5%.  This month I am getting 5% back on my gas purchases (as well as other items too) - much needed with prices skyrocketing these days.  One you've accumulated $20 in rebate money, it's time to use it.  In my case, I get even more money back by requesting $25, $30 or $40 giftcards w/ that $20 for places I frequent most often - Bed,...

I've had a Discover Card for about 7 years now.  You might think this would mean I'm really happy with them and that they've been good to me.  Truthfully, I just don't have the time or energy to switch my credit cards around all that often, and I've stuck with Discover (over, for example, MBNA/Bank of America) due to their balance transfer offers and their cash back program.

Discover's cash back program is multi-faceted.  You get a basic 1% back on all purchases.  This accrues on your statement.  Once you reach $20 accrued, you can redeem.  You can request a check, apply the cash to your Discover...

Buying my condo back in 1986 and taking care of necessary repairs, furnishings, and other expenses, really "strapped" me for a while.  This is not uncommon for people buying their first homes.  I never regretted becoming an owner but in those days I couldn't afford to "clear the decks" with my credit cards every month as I should have.  The interest began to pile up and it wasn't long before I was faced with a huge burden of debt to be shouldered along every month.  Believe me, I'm sympathetic to those people who are having credit card problems.  I know all about the calls from Collection...

I have very good credit and could have basically have any card I want but the one I use 99.9% of the time is Discover. There are a few merchants who do not accept this card and they really should if they are interested in customer satisfaction.

One of the main pros of using this card is the cashback dollars you accrue. If this is your primary credit card (as it is mine) you will find cash available each month. You have several choices as to how you want to use that cash. I like to credit it towards my balance. You earn cashback on every purchase but several times a year they run promotions...

Be AWARE that your credit card payment scales will change without any 30 day notice when ANY credit bureau FICO score changes without YOU being notified in a AMPLE / SUFFICIENT notification time BETWEEN statement periods... Review ONLINE as OFTEN as you are able to...Like ALL credit card companies they are quick to GIVE you credit and ONCE you DON'T payoff the outstanding BALANCE they raise the Interest rates on you and FEE you to death till you pay it off.

Try to restore your relationship for a higher credit limit...they turn the other cheek at you.

Consumer BE aware... 

The Discover credit card was possibly the first credit card to offer cash back on purchases.  But don't be deceived by promise of 1%, 2%, or even 5% back.  Generally, your total charge must reach a certain amount before you begin to earn 1%; that is, for amounts lower than their scale, you only receive 0.25% and then 0.50%.  Each version of the Discover card has their own rates and percentages scale, and usually with the 5% back, it only covers certain categories of items.

While this can be confusing, what upset me the most about Discover was their customer service regarding fraud or unsatisfactory...

I have had Discover for over 10 years.  It was my first credit card.  I always pay my bill on time each month fully.  I charge everything I can from gas, groceries, to ultities.  You earn cash back and I then turn that into to gifts for others in the form of gift cards.  Saves me bundles on Birthday and Chritmas.  So they are paying me to use their card! Can do a lot over the internet which is great!

Have had them check with me when i was moving because was buying a lot.  Made me feel good they noticed a difference in my buying.

Downside is all the junk mail they send and those checks. ...