Discover card offer, 0% BT FOR LIFE

Discussion in 'Credit Talk' started by jaj1701, Apr 3, 2003.

  1. jaj1701

    jaj1701 Well-Known Member

    Discover Platinum
    Status: Pre-Approved
    Balance Transfer Rate: 0% FOR LIFE
    Cost: No annual fee
    Award: Up to 2% cash back
    Credit Line: Up to $50,000
    Purchases Rate: 11.99% variable What a crappy rate! (what is the lowest anyone has from Discover Platinum???)

    Basically any BT made before Sept 1, 03 are 0% for life as long as at least 2 purchases or cash transactions are made during each billing cycle starting Oct. 2003. I'm thinking a couple of purchases of about a $1 each every month IF I decide to do it. But generally kind of a wierd offer.

    I just hate that the standard rate SUCKS so badly. What do others have for rates with Discover Platinum and what successes have you had lowering it.

    THANKS for you help!!!!
     
  2. FunkSoulBr

    FunkSoulBr Well-Known Member


    LMAO !!! This is probably the worst offer I have ever heard of.
    What happens if you forget to purchase something during a billing circle.
     
  3. allen074

    allen074 Well-Known Member

    wait - it gets even better

    because you have to make a purchase - and because payments always go to lower % first, you will ALWAYS pay the higher interest ALWAYS

    AHHAHAAHAHH - i love it - this is why i do not do business with discover anymore
     
  4. jaj1701

    jaj1701 Well-Known Member

    I know, hence me mentioning $1.00 purchases x 2 every month. That way it would be $24.00/yr that they could charge interest on being it would never get paid off until the BT was.

    But yeah, I've never heard of such crap. That's why I posted it.

    About that interest rate, what rates do people have less then 11.99% variable and what luck have you had renegotiating it.
     

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