Prime Rate Credit

My boyfriend has been a Discover credit card holder for quite some time now, and actually he is the most happy with this card out of all of his cards (he has a Mastercard, Visa and American Express also).

He likes the Discover card because of the cash back rewards program that it has, but he noticed that a few months ago his interest rate went up. He called the company to see if there was anything they’d be willing to do to keep him as a happy customer.

They responded with a new credit card offer for a 1.9% introductory rate on all purchases and balance transfers up until June of 2007, which was actually far beyond his expectations. Needless to say, he is still a very happy customer of Discover, and will continue to use their credit card for a lot of his new purchases.

Oh, I did make him check to see what the rate would go up to after the intro period, and he said that it was in writing that it would only go up to the whatever the prime interest rate for credit cards is at the time the intro period is over.

I’d say this is quite a nice deal, and I’d recommend the Discover card to others as a fair and honest credit card company. I just wish they would accept them absolutely everywhere, or maybe they do now, I just haven’t noticed because I do not yet have one (I’m actually seriously considering getting a Discover card now though).