Archive for the ‘Discover’ Category
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Thursday, November 19th, 2009Discover increases purchase APRs, drops Open Road credit card
Sunday, October 11th, 2009Discover has increased minimum purchase APR’s from 7.74%+Prime to 8.74%+Prime for the Discover More, Discover Motiva, Discover Miles, and Discover Escape credit cards. Also, Discover is no longer offering the Discover Open Road and Student Open Road cards.
More card offer changes from Discover
Friday, June 26th, 2009As of July 1st, these changes will go into affect.
- The Discover Escape Card will no longer be offering an intro purchase APR promotion. The balance transfer promotion remains at 0% for 6 months.
- Discover will be increasing the minimum interest rate for all Consumer cards to 11.99% from 10.99%. The new APR range will be 11.99% to 18.99%. The Student Card go-to APR will remain at 14.99%.
Card offer changes
Tuesday, June 16th, 2009- Bank of America is no longer offering the Celebrity Cruises WorldPoints Visa card
- Discover Business & Discover Business Miles cards change balance transfer promotion from 3.99% for 6 mths to 9.99% for 6 mths, and balance transfer fee from 3% to 5%
New Credit Card legislation driving a flurry of changes to card offers?
Friday, June 5th, 2009Our Nerd Factory diligently tracks changes to credit card offers. Come back for updates!
Here are some recent updates we’ve made regarding changes in Credit Card Offers:
- Discover Escape changed it’s promo from 1,000 bonus points per month for 12 months, to 1,000 points for 25 mo
- US Bank has raised APR on Bed Bath & Beyond from P+8.99% to P+10.99%, and Default APR from P+20.99% to P+23.99%
- US Bank has raised APR on Gymboree Visa from P+9.99% to P+11.99%
- US Bank has raised APR on Harley Davidson Visa from P+8.40% to P+9.99%
- US Bank has raised APR on Secured Visa from 14.99% to 16.99%
- US Bank has raised APRs on its 4 SkyPass cards from P+9.99% to P+12.99%
- US Bank has raised APR on Sierra Trading Post Visa from P+(5.99%-14.99%) to P+(7.99%-16.99%), and Cash Advance APR from P+14.99% to P+17.99%
- US Bank Consumer cards with APR range increase from P+(5.99%-14.99%) to P+(7.99%-16.99%): College Rewards, Young Adult, Cache
- US Bank Consumer cards with APR range increase from P+(3.99%-16.99%) to P+(5.99%-18.99%):
Cash Rewards, Select Rewards, Signature, Platinum, Travel Rewards - US Bank Business cards with APR range increase from P+(3.99%-9.99%) to P+(5.99%-11.99%): Cash Rewards Business, Select Rewards Business, Travel Rewards Business, Business Platinum
- US Bank has raised APR’s on 21 of their 26 credit cards, in the range of 2-3%
- Discover has raised default APR on Motiva from P+27.99% to P+28.99%
- Citi raised APR on Dividend Platinum for Students, MtvU Platinum for Students, and Bronze AAdvantage for Students from P+9.99% to P+12.99%
- Citi has raised their APR on Platinum Select for College Students from Prime+8.99% to Prime+11.99%
- Citi has raised the APR range on their PremierPass card from Prime + 6.24% and 14.24% to Prime + 8.74% and 15.74%
- Chase has raised the APR range on their TJX Rewards card from Prime+5.99% and Prime+14.99% to Prime+8.99% and Prime+15.99%
- Citi is no longer offering the Driver’s Edge Options Platinum
- Chase is no longer offering the Borders 3.2.1 Visa
- Bank of America is no longer offering Jeep, Chrysler, and Dodge cards
- Bank of America is no longer offering the Royal Carribean card
- Bank of America has added Hawaiian Air Platinum. Best FF we’ve seen is Citi PremierPass Elite, with usual perks + 1 bonus pt per mile flown
- American Express Preferred Rewards Gold Card plans to change it’s annual free from $150 to $125 on May 26th
- American Express has lowered their Blue Cash rewards. Prev 0.5% up to $6,500 then 1.5% after. Now 0.5% up to $6,500 and 1.25% after