Reply
Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Discover IT 3k approval!!

Congrats!
Amex triple pulled me. I was approved based on TU.
696 TU Fico.
I had an old paid CO from 2008 on my report and got approved for $3500.

I applied for Discover and Amex the same restless evening and got approved for BOTH.
I'd go for it before the new Discover reports!

Good luck, and I hope you get an Amex!:-)
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Frequent Contributor
nyancat
Posts: 377
Registered: ‎12-21-2012
0

Re: Discover IT 3k approval!! Chances of AMEX BCE approval?


jbrickbm wrote:

I appreciate all the congratz,  anyone know if I have a good chance to get approved for amex bce if approved for Discover?  Or is amex a little harder to get?


Amex is way easier to get. I have over ten times the credit limit with Amex I have with Discover!

American Express Costco TrueEarnings - $8,300; American Express Blue Cash Everyday - $5,000; American Express Delta Gold - $7,300; Bank of America Travel Rewards - $5,000; Barclaycard Arrival+ - $5,000; Citi Forward - $5,800 and $4,500; Chase British Airways - $14,500; Discover It - $3,000
Super Contributor
enharu
Posts: 7,132
Registered: ‎02-27-2013
0

Re: Discover IT 3k approval!! Chances of AMEX BCE approval?


nyancat wrote:

jbrickbm wrote:

I appreciate all the congratz,  anyone know if I have a good chance to get approved for amex bce if approved for Discover?  Or is amex a little harder to get?


Amex is way easier to get. I have over ten times the credit limit with Amex I have with Discover!


not necessarily true. 

Amex charge cards are easier to get than Discover, but their revolvers are not "way easier to get".

The only why one usually has a higher CL for Amex compared to Discover is only because Discover is extremely conservative (for good and bad reasons) with extending high CLs, as compared to Amex. It is easier to get a high CL for Amex with the 3x CLI feature. However there's always pros and cons for each lender.

 

 

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Frequent Contributor
nyancat
Posts: 377
Registered: ‎12-21-2012
0

Re: Discover IT 3k approval!! Chances of AMEX BCE approval?

Discover barely approved me ($1500 instant approval), Amex gave me $15,600 (Costco TrueEarnings) instant approval. I'd say that means it's a lot easier to get credit with Amex :smileyhappy: Discover gave me just over 1/3 of the starting limit I had with my first credit card ever! It was somewhat insulting.

American Express Costco TrueEarnings - $8,300; American Express Blue Cash Everyday - $5,000; American Express Delta Gold - $7,300; Bank of America Travel Rewards - $5,000; Barclaycard Arrival+ - $5,000; Citi Forward - $5,800 and $4,500; Chase British Airways - $14,500; Discover It - $3,000
Super Contributor
enharu
Posts: 7,132
Registered: ‎02-27-2013
0

Re: Discover IT 3k approval!! Chances of AMEX BCE approval?

Nyancat, I wish I could tell you why.

 

Discover gave me an initial CL of 9k, which was very surpising even for me. I was expecting a very low CL seeing how everyone's talking about how conservative / stingy they are. There are also people who got approved for Discover, abeit with a low CL, with 670ish scores. On top of that, there's other individuals on this forums that has 20-30k CL with Discover, so those people are have something that Discover likes.

 

On the other hand, rarely anyone with a 670 score gets approved for an Amex revolver, unless they have had a charge card or some type of Amex account for a while. Myself for instance, can't ever get approved for BCP either. :/

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Frequent Contributor
nyancat
Posts: 377
Registered: ‎12-21-2012
0

Re: Discover IT 3k approval!! Chances of AMEX BCE approval?

My FICO score is quite high - 758 according to Discover when I applied. All the score estimators online put me in the mid-to-high 700's as well. It's not all about the FICO score... I have no baddies, etc. Never missed a payment in my life.

American Express Costco TrueEarnings - $8,300; American Express Blue Cash Everyday - $5,000; American Express Delta Gold - $7,300; Bank of America Travel Rewards - $5,000; Barclaycard Arrival+ - $5,000; Citi Forward - $5,800 and $4,500; Chase British Airways - $14,500; Discover It - $3,000

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}