Tuesday, November 16, 2010  The Discover Card  Should you use a
Discover Card?  Probably Not.  I recently closed my Discover
Card account.  This is the second Discover Card account I have
had, and I closed both.  Why?  It is not a very good credit
card, for a number of reasons.    1. First and foremost, they
keep sending you "checks" in the mail, that you can cash, and of
course, have to pay off at regular interest rates.  At best,
these are merely annoying junk mail.  At worst, they are insipid
temptations to spend money - or be the victim of identity
theft.  I asked them to stop sending them to me, more than six
months ago.  But they keep sending them, and sending them, and
ending them.   2. The interest rate sucks.  Your typical
Discover card has an APR of 13% or more, which is not very good
in this era of single-digit rate cards.  If you should ever have
a balance on this card, the interest charges will be fairly
staggering, which means you will have a hard time paying off the
balance.   3. The "cash back