They surprised me with the limit I got. Approved a couple months ago. ~700 FICO, very low UT at the time, income not much higher than yours, highest reported CC CL $2k. Also two collections from 06. They gave me $5k. But I will say this is after calling and talking to an actual person explaining everything, I believe he set the limit and not the computer.
Let me preface by saying YMMV but,
I was approved last month for a Discover more card. I applied for the card that does not offer any sign up bonuses, but offered 15 months 0% purchases and BTs. I received the 7-10 day notice. I Called the next business day and told them I wanted to use the card for a balance transfer and purchases at Sams Club. I do have 2 American Express charge cards with high balances over 3k. I was approved for 6.5k. I was given an EQ Fico score from Discover to the tune of 686. I also advised them of 80k income I don't believe they specified individual income vs HHI.
SwiftTone wrote:I'm itching right now. I might apply...
I find that my pre-approval on their site vs their letter is way better in terms of sign on bonus. My odds would be the same right?
I would think so, they'll decide from the same report(s). They checked EQ for me (my worst one at the time). Their letter stated I had a FICO EQ of 630 at the time. I think I had 2 inq's, AAoA around 4+ years, 9 or 10 TL's, AMEX dating back 22+ years, no lates or "baddies" on any reports, income low 60s, high util (zero percent carry, which I told them about when I called, even though they said I was approved online for the 6.5k. They said I got the wait message due to a glitch). I think they wanted to compete with my AMEX and AU Chase Freedom.
I don't see you having much trouble being approved. Being your other cards are lower limits however, you may not get the 5k CL you'd like at first (I have seen many started much lower, down to the 500 level). You might want to check out "whogavemecredit" dot com for "discover" and "more" and see other peoples results that are posted there (mine is not).
[EDIT]: I should add, I was not pre-qualified for anything on their website before I applied on a bit of a whim. I appled through an offer from a partner site after being denied AMEX BCE and thinking "what the heck" since I had fairly low inq's.
. Actually a combination of both you won't have one without the other.
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