Discover is closing its credit cards with tons of customers
Feb 8, 2015, 11:30 am
#16
Join Date: Oct 2014
Posts: 114
I guess this could be an MS tactic for Discover? Don't use it for months and make them beg you to spend 1k. If it coincided with a quarterly category spending of grocery, we're talking 12%+ return! 
Though you could also end up with a closed account for inactivity like the others above...
Though you could also end up with a closed account for inactivity like the others above...
Feb 8, 2015, 12:08 pm
#17
Join Date: Mar 2007
Location: SJC/SFO
Programs: WN A+ CP, UA 1MM/*A Gold, Mar LT Tit, IHG Plat, HH Dia
Posts: 6,285
Discover closed my account after years of inactivity. I didn't mind because I was going to cancel it anyway, after years of it doing nothing more than chewing up space in my total credit line.
Feb 8, 2015, 7:18 pm
#18
Suspended
Join Date: Dec 2013
Posts: 632
Rambo - did they send you a check for the remaining balance of your bank account? I thought bank accounts take about 24 months of no use before they close them. At least that's what happened to a Chase and a local CU accounts I had. Though I believe this is different in every state.
Feb 8, 2015, 9:06 pm
#19
Join Date: Apr 2013
Location: Lehigh Valley, Pennsylvania
Programs: Milege+, SkyMiles, AAdvantage, HHonors Diamond, Marriott Gold
Posts: 1,685
Last month Discover gave me no interest on all charges through December 2015. Problem is I pay off most of my cards every month to avoid finance charges. Perhaps if I don't use my card by year's end, Discover will close mine, as well.
Feb 8, 2015, 11:01 pm
#20
Join Date: Jul 2013
Posts: 1,872
Don't forget you have to pay balance transfer fee on all these so called 0% offers.
I tear, shred and throw them away.
I don't have to open these, I know them by looking at them.
Feb 9, 2015, 9:36 am
#21
Join Date: Dec 2014
Programs: Asia Miles
Posts: 69
I got several balance transfer checks from Citi in the mail previously, but called them and asked not to send those checks anymore. You should be able to find the phone number to call in the mail.
Feb 9, 2015, 12:57 pm
#22
Join Date: Jul 2001
Location: DTW
Programs: Dirt Status w/ All
Posts: 5,040
I got an offer for $100 if I spend $1000 by the end of April. I've never really used it for purchases, but have for the occasional 0% BT. Probably a year or more since I had any activity on it, but I will be happy to take them up on the 10% back offer.
Feb 9, 2015, 1:28 pm
#23
Join Date: Apr 2013
Location: Lehigh Valley, Pennsylvania
Programs: Milege+, SkyMiles, AAdvantage, HHonors Diamond, Marriott Gold
Posts: 1,685
I've gotten offers like that before, but they wanted me to spend a heck of a lot more before I would get any cashback, so I chucked them.
Feb 10, 2015, 8:06 am
#24
Join Date: Feb 2006
Programs: HH Gold (again), US/UA/DL non-elite, ZE Presidents Circle, WN reluctant no fee convert.
Posts: 1,449
Last year my offer was Spend $2k for four months and receive $300 CB. The so called "Pick your store" spending (Walgreens) promo occurred during the afore mentioned promotion allowing simultaneous earning. Bottom line: $383 CB at the end of spend road.
My card is circa old since 1996 or so. I presently enjoy a 0% APR one year term. Requested through customer service by mentioning the other promotions I "see".
Obviously I would like to keep the account open for the present benefit, ie, FICO.
Last edited by jan_believes; Feb 10, 2015 at 8:13 am
Feb 10, 2015, 8:10 am
#25
Join Date: Feb 2006
Programs: HH Gold (again), US/UA/DL non-elite, ZE Presidents Circle, WN reluctant no fee convert.
Posts: 1,449
They usually get torn in half, even though I may tolerate one or two of them present until they expire or I am sure there is no reason to use them.
I agree the fees often cancel any benefit considered.