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Discover approval surprise

New Contributor

Discover approval surprise

Well what a surprise!  I received 3 preapproval letters in the mail (after opting back in) 2 for store cards, 1 for Discover.  I'd included Discover in my BK13 back in 04, so I was hesitant to apply.  I applied, got the instant approval but call for final verification.  The next morning I called, and they said congratulations, you'll receive the card in about 5 days.  They did not offer what thecredit limit was,  and I was assuming it would be low so I didn't ask (frankly I was just thrilled to be approved period).  I was able to access the online account just now and was amazed to find a $7500 credit limit!  Matching my highest limit I have on another card!   My utilization was a bit high so  I was surprised.  Unsure of my current scores I think low 700's.  I guess you can repair after BK!  I wish I'd found this site for advice much earlier in my repair years than I did.  Thanks for the advice you have given me along the way! 

Message 1 of 7
6 REPLIES
Super Contributor

Re: Discover approval surprise

Congrats ...

Message 2 of 7
Valued Contributor

Re: Discover approval surprise

Congrats on your approval, nice CL.

Starting Score: EQ 681 5/2011, EX 656 6/2011 (PSECU), TU98 642 6/2011
Current Score: EQ 741 12/2011, EX 730 08/15 (PSECU), TU08 710 08/15
Goal Score: 725+ across the board


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Message 3 of 7
Moderator Emeritus

Re: Discover approval surprise

Nice CL! Congrats!!! Smiley Very Happy


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Message 4 of 7
Established Contributor

Re: Discover approval surprise

Wow, congrats on the approval and the impressive CL! Discover is usually pretty conservative for CLs, it's surprising they'd match your highest.

Message 5 of 7
Regular Contributor

Re: Discover approval surprise

Congrats on your approval!! 

 

KingAdrock:  Just wanted to say that I'm DIGGIN' THE TAG!  Got FR'd by Amex recently and was not pleased.  I won't be using that card anymore and your tag explained JUST WHY!  Paying for membership to be joined to the "Circle of Paranoia" is not my idea of a good time or good way to spend money.  I can be BROKE an paranoid and no one will ever know...at least not AMEX anyway!  LOL


Starting Score: 490
Current Score: TU: 656; EQ: 607; EX: 642
Goal Score: 700


Take the FICO Fitness Challenge
Message 6 of 7
New Contributor

Re: Discover approval surprise

Thanks for all the congrats.  I was very surprised with the credit limit, I was expecting perhaps 1,000.  The only reasoning I can imagine, is my highest limit card is my most used card, perhaps they are enticing me to balance transfer, and with 0% for 12 months, I may just do that.  I did an estimator and it would certainly save me money over the next year.  I'm still very shocked at being approved at all.  Shocked and happy. 

Message 7 of 7