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Discover Card Existing Card Holders 0% APR for Next 12 months! as Always YMMV!

+168 Deal Score
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Worth a shot to log in to your Discover card account and "chat" a rep. Four months ago, I came off a 12 month 0% APR on purchases and just got it again by asking. Of course TWO months ago I asked if there were any special APR rates and was told "no." Last chat was this:
Me: "Good morning, I was wondering if there were any special offers available on my card"
Rep: "Was there anything in particular you were looking for?"
Me: "Special APR for purchases or anything interesting?"
Rep: "I show you are eligible for 0% APR for the next 12 months, would you like me to apply that to your account?"
Me: Sure, thanks!

https://www.discover.com/
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Created 09-09-2021 at 06:52 AM by IronManFan
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Joined Nov 2008
L5: Journeyman
> bubble2 563 Posts
pej7445
09-09-2021 at 11:19 AM.
09-09-2021 at 11:19 AM.
Quote from leoskee :
Be careful when using 0% for x number of months promos. It's a very easy way to end up in debt. Make sure that you factor our how you will pay everything off by that 12th month.
Very true.

The key is to stay organized and on top of your stuff. I've successfully navigated the 0% game with more cards than I can recall and always pay them off before the interest kicks in. I've even used the money purchasing real estate. So much faster and easier than getting a mortgage!
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Joined May 2005
L10: Grand Master
> bubble2 11,576 Posts
876 Reputation
smartdeals
09-09-2021 at 11:20 AM.
09-09-2021 at 11:20 AM.
what is the minimum finance charge? usually a few usd...
the catch is if you don't pay off at the end of the 12 month then the interest is calculated from day 1
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Joined Aug 2010
Let's Go Brandon!
> bubble2 4,103 Posts
555 Reputation
XealO
09-09-2021 at 11:27 AM.
09-09-2021 at 11:27 AM.
Re-upped. Thanks OP. Got it last year and didn't think to ask if they would do it again.
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Joined Aug 2010
Let's Go Brandon!
> bubble2 4,103 Posts
555 Reputation
XealO
09-09-2021 at 11:29 AM.
09-09-2021 at 11:29 AM.
Quote from MadPup :
Discover is my most useless credit card. For one thing, it offers no extended warranty on any purchase. Compare that to the 24 months provided by Costco Citicard Visa which could be worth over 10% of the purchase price. My AmEx Blue has a few more (mostly useless) offers but is another useless card. Amazon Prime Chase Visa is good for Amazon but not great elsewhere. So right now Citicard gets my vote and Discover rarely sees the light of day.

Granted I use mine a lot less than Costco or Amazon, but I disagree about it being useless. Neither of those offer this renewable 0% rate afaik.
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Joined Jul 2020
L9: Cheap Ass
> bubble2 1,730 Posts
314 Reputation
Original Poster
IronManFan
09-09-2021 at 11:53 AM.
09-09-2021 at 11:53 AM.
Quote from cvural :
I don't think he is saying "Balance Transfer". This is 0% for purchases. You probably just need to make the minimum payment.
correctamundo. for purchases, make minimum payment and pay off the rest in 11 months..
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Joined Jul 2020
L9: Cheap Ass
> bubble2 1,730 Posts
314 Reputation
Original Poster
IronManFan
09-09-2021 at 11:54 AM.
09-09-2021 at 11:54 AM.
Quote from smartdeals :
what is the minimum finance charge? usually a few usd...
the catch is if you don't pay off at the end of the 12 month then the interest is calculated from day 1
in this case mine is NOT calculated from day one, but starts after the 12 month period. as always...ymmv..
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Joined Jun 2010
L10: Grand Master
> bubble2 7,020 Posts
1,171 Reputation
dep411
09-09-2021 at 11:59 AM.
09-09-2021 at 11:59 AM.
Quote from stasis :
Will it affect my credit score since im technically not paying off the balance every month?

No, but you have to pay the monthly minimum
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Joined Nov 2003
L5: Journeyman
> bubble2 723 Posts
91 Reputation
Racerbob
09-09-2021 at 12:03 PM.
09-09-2021 at 12:03 PM.
Cool. But we always pay the full amount on our statement every month and we collect the rewards on our cards.
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Joined Apr 2006
L6: Expert
> bubble2 1,132 Posts
232 Reputation
madshakes
09-09-2021 at 12:04 PM.
09-09-2021 at 12:04 PM.
does the 0% apply to the current balance or no?
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Joined Aug 2010
Let's Go Brandon!
> bubble2 4,103 Posts
555 Reputation
XealO
09-09-2021 at 12:13 PM.
09-09-2021 at 12:13 PM.
Quote from madshakes :
does the 0% apply to the current balance or no?

Does not. They tell you that right away.
Reply
Joined Aug 2010
Let's Go Brandon!
> bubble2 4,103 Posts
555 Reputation
XealO
09-09-2021 at 12:14 PM.
09-09-2021 at 12:14 PM.
Quote from Racerbob :
Cool. But we always pay the full amount on our statement every month and we collect the rewards on our cards.

Cool Story Bro. Even though I can, I don't. Use the banks money for other things.
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Joined Dec 2009
L9: Master
> bubble2 5,487 Posts
720 Reputation
ultratumba
09-09-2021 at 12:15 PM.
09-09-2021 at 12:15 PM.
Thxs Op, just got on the bandwagon for 0% APR for 12 months. I called in however as it was taking too long to wait for Chat Rep.
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Joined May 2006
L10: Grand Master
> bubble2 26,273 Posts
3,389 Reputation
namlook
09-09-2021 at 12:21 PM.
09-09-2021 at 12:21 PM.
Quote from stasis :
Will it affect my credit score since im technically not paying off the balance every month?
Yes it will. My credit score is very high and when I used this offer a few years ago the score dropped by quite a bit. Not enough to affect anything since I started out so high but it was a pretty big drop.
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Joined Jan 2018
L7: Teacher
> bubble2 2,314 Posts
830 Reputation
Expert
This user is an Expert in Home & Home Improvement
mwebb11111
09-09-2021 at 12:22 PM.
09-09-2021 at 12:22 PM.
Nothing new, I do this every year
2
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Joined Nov 2007
L5: Journeyman
> bubble2 578 Posts
113 Reputation
cowbe0x004
09-09-2021 at 12:37 PM.
09-09-2021 at 12:37 PM.
Discover is the only card I'm able to do this year after year, any other card that would give you 0% if you ask?
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