What card should I get next

[raisemysc0re]

Well, I couldn't help myself and tried the pre-qual site for Discover. It returned a Discover IT Double Cash Back card with a set APR of 23.4 % with a SL of 6500.

I've read that it is probably a true pre-qual approval when it does not give you a big range for the APR.

Since it did not give me a range of APR I decide to get it.

And like an idiot I am deciding to ask the following questions after I applied...

1. Is this card considered Prime?

2. Even though my plan is to never carry a balance, can I negotiate the APR once my scores and history improve?

3. How is Discover with CLI growth?

[Anonymous]

  I just hit 12 months post ch. 7 BK. I would highly suggest Fingerhut, make a minimal  purchase and pay it off in 2 payments over 2 months. In 9 mths my credit line went from 500 to 1400. And I was able to get approved for an Overstock Card for $500.

[Anonymous]

 As I continued down the posts I saw you have two nice cards already, kudos! After 6 or 7 months with Cap 1, I would app for another one of their cards.

[Scupra]

---

@raisemysc0re wrote:

Well, I couldn't help myself and tried the pre-qual site for Discover. It returned a Discover IT Double Cash Back card with a set APR of 23.4 % with a SL of 6500.

I've read that it is probably a true pre-qual approval when it does not give you a big range for the APR.

Since it did not give me a range of APR I decide to get it.

And like an idiot I am deciding to ask the following questions after I applied...

1. Is this card considered Prime?

2. Even though my plan is to never carry a balance, can I negotiate the APR once my scores and history improve?

3. How is Discover with CLI growth?

---

The Discover pre-qual gave you a limit?

1. I consider Discover prime. I don't know what you consider prime though

2. I think you can request an APR reduction once a year

3. Amazing, there is a huge thread on Discover SP CLI. I think you need to be around 6 months in though

[raisemysc0re]

No the prequal didn't give me the SL. I found out after applying.

I was a little worried that it was going to be a low SL...

Awesome to know that cli requests are SP and that I can request APR reductions with them...

[Scupra]

---

@raisemysc0re wrote:

No the prequal didn't give me the SL. I found out after applying.

I was a little worried that it was going to be a low SL...

Awesome to know that cli requests are SP and that I can request APR reductions with them...

---

Definitely find the huge Discover CLI thread, there is a TON of info in it.

[raisemysc0re]

Scupra,

Could you post a link to the cli thread you are referencing?

[Scupra]

---

@raisemysc0re wrote:

Scupra,

Could you post a link to the cli thread you are referencing?

---

Here ya go!

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Hit-Discover-Up-AGAIN-6-2-UPDATE/m-p/3976221/h...