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Valued Contributor
FinStar
Posts: 6,108
Registered: ‎10-21-2012
0

Re: Discover secured card!!!! Offer

OMG - you have tickled Creditaddict's fancy somehow.  He's all starry-eyed now ... and he wants it BAD!

 

 

New Member
marquez1042
Posts: 8
Registered: ‎11-09-2013
0

Re: Discover secured card!!!! Offer

It also says

Here’s how the Discover it® Secured Credit Card works
Set your credit line
Make a security deposit between $200 and $2,500.
Use your card responsibly
Pay at least your minimum payment due on time, every month.
Build your credit history
We report your payment history to the 3 major credit bureaus, so responsible use can help build a good credit history. Missing or late payments may result in a negative credit history.
And enjoy
Your card includes cash back on every purchase, 100% U.S. service, a mobile app and so much more. All with no annual fee.
New Member
marquez1042
Posts: 8
Registered: ‎11-09-2013
0

Re: Discover secured card!!!! Offer

FAQs
I’m a good customer. Why wasn’t I approved for the other card?
We know good customers come with different credit ratings. And if you don’t meet the credit criteria for an unsecured card today, you still deserve a chance to build credit for tomorrow. Discover welcomes responsible customers who are just starting with credit or want to build (or re-build) a credit history. You’ll get a letter with specific reasons why we couldn’t approve you for an unsecured card. But we hope you’ll enjoy earning cash back with a Discover it® Secured Credit Card and apply today.

Discover offers a unique set of secured credit card benefits, all with no annual fee. Plus you enjoy cash back on every purchase, 100% U.S. service available any time, no late fee on your first late payment and more.

The secured credit card can help you build a credit history because we report your payment history to three major credit bureaus, like any credit card. Good payment history and making at least your minimum payment on time each month can help build a good credit history. Missing or late payments may result in a negative credit history.


No, your credit card will not say “secured” on it. It will look the same as the card you selected on the original application.
Valued Contributor
FinStar
Posts: 6,108
Registered: ‎10-21-2012
0

Re: Discover secured card!!!! Offer

I guess the question that more than likely looms in Creditaddict's head is whether this secured card would eventually become unsecured.  IIRC, he took a leap of faith on a Logix CU secured CC.

Moderator
09Lexie
Posts: 26,027
Registered: ‎09-13-2012
0

Re: Discover secured card!!!! Offer

CreditAddict hasn't replied yet because he's rushing to app. :smileylol:
Epic Contributor
Creditaddict
Posts: 20,995
Registered: ‎10-23-2007
0

Re: Discover secured card!!!! Offer

LOL you all are killing me... I was driving!!!
Fico Scores: EQ- 682 DCU, TU 696 Walmart, EX 686 Prosper(10-30-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
63 Cards and Counting :smileytongue:
Valued Contributor
FinStar
Posts: 6,108
Registered: ‎10-21-2012
0

Re: Discover secured card!!!! Offer


09Lexie wrote:
CreditAddict hasn't replied yet because he's rushing to app. :smileylol:

LOL... he's either on the phone with their recon department or he's allocating some funding from his bank to be ready once he hits the submit button.

Moderator
09Lexie
Posts: 26,027
Registered: ‎09-13-2012
0

Re: Discover secured card!!!! Offer

@CreditAddict

I don't think driving would stop you from submitting an app.
Epic Contributor
Creditaddict
Posts: 20,995
Registered: ‎10-23-2007
0

Re: Discover secured card!!!! Offer

I already have a joint discover... I/we don't need another!
Fico Scores: EQ- 682 DCU, TU 696 Walmart, EX 686 Prosper(10-30-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
63 Cards and Counting :smileytongue:
Moderator
09Lexie
Posts: 26,027
Registered: ‎09-13-2012
0

Re: Discover secured card!!!! Offer

@CreditAddict

But there's nothing like having one of your own. :smileywink:

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