I got my Discover when I was a student in college 10 years ago (first credit card). It had a low limit to start with, but it has grown with me over the years. I didn't pay any attention to the interest rate back then since I always PIF'd. The only thing I had on my credit report back then was a student loan that was 10 months old. From my experience, if you treat Discover right, they will treat you right. It is my favorite card.
--------------------------------------- GOALS: 2009: lower utilization, sell current house (moving to fiancee's house), 700 Club 2010: less than 3% utilization, car loan 2012: buy a farm FICO 1/16/09: TU: 690 EQ: 635 EX: 659
Discover was my first CC. I got it, (along with a T-shirt and Waterbottle) during my Freshman year of College, in 1991. I had no credit hx to speak of, but times have changed.
I do find Discover to be much more conervative than most lenders. I started out with an initial credit line of 1500. At present, my CL is 13,500. It has not grown as rapidly as many of the other cards that were issued to me during the same year/timeperiod, despite heavy PIF usage. They also soft me on a monthly basis.
I'm not complaining, as I don't need any more credit than what I have. I like the cashback feature, and the customer service is better than most.