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Valued Member
Posts: 40
Registered: ‎04-28-2013
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minimum discovery card credit limit

I would like to apply for discovery credit card. Will i be approve despite of just buying a house? I have the pre appprove letter but I dont know if i still will be able to get approve coz of the house. If yes, Do anyone knows the estimate of their credit limit?? My equifax is 673. Thank you.

Community Leader
Senior Contributor
Posts: 26,876
Registered: ‎02-07-2013
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Re: minimum discovery card credit limit

Welcome to the forum need more info about your profile



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Valued Member
Posts: 40
Registered: ‎04-28-2013
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Re: minimum discovery card credit limit

What additional info needed?

Epic Contributor
Posts: 24,408
Registered: ‎10-23-2007
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Re: minimum discovery card credit limit


Lpbelleza27 wrote:

I would like to apply for discovery credit card. Will i be approve despite of just buying a house? I have the pre appprove letter but I dont know if i still will be able to get approve coz of the house. If yes, Do anyone knows the estimate of their credit limit?? My equifax is 673. Thank you.


Buying the house will actually probably help with your approval with Discover.

They tend to be a little more conservative with lines of credit but minimum is $500.  Not sure what other credit you have but you should be good for decent approval if pre-approved.  Don't worry if you get message to call, do it then... they just need to verify you, that means approved!

Fico Scores: EQ- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
83 Cards and Counting :smileytongue:
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: minimum discovery card credit limit


Lpbelleza27 wrote:

What additional info needed?


Welcome to the forums!!

 

We need to know what your credit reports look like:

 

 

Any negatives?

Inquiries?

How many cc accounts open?

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Member
Posts: 40
Registered: ‎04-28-2013
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Re: minimum discovery card credit limit

I am hoping to find a credit card that will give me 7-10k credit line. 

I have a bank of america card, citi, and other store cards (macys, besy buy). The most line i have is 6k. I have 3 hard inquiries this past months due to getting a preapproval for the house. Other than that I dont have any late payments or negatives in my credit hx . 

Discovery only gves $500, that will help me then :smileysad:

Epic Contributor
Posts: 24,408
Registered: ‎10-23-2007
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Re: minimum discovery card credit limit


Lpbelleza27 wrote:

I am hoping to find a credit card that will give me 7-10k credit line. 

I have a bank of america card, citi, and other store cards (macys, besy buy). The most line i have is 6k. I have 3 hard inquiries this past months due to getting a preapproval for the house. Other than that I dont have any late payments or negatives in my credit hx . 

Discovery only gves $500, that will help me then :smileysad:



MINIMUM is $500.  They go up to $50,000 I believe.

Won't hurt to apply if you only have 3 INQ and no negatives and a pre-approval... they are itching to give you a card.

 

Fico Scores: EQ- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
83 Cards and Counting :smileytongue:
Community Leader
Senior Contributor
Posts: 26,876
Registered: ‎02-07-2013
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Re: minimum discovery card credit limit

I would say your odds of approval are good but no one can guess at what limit they would put on it 

Hope this helps



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Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: minimum discovery card credit limit

Might be best to wait it out for 6 months then go for It!! Better CL could come from It!




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
Posts: 473
Registered: ‎04-09-2012
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Re: minimum discovery card credit limit

Did you buy the house yet or did you just get pre-approved?  If it is a pre-approval and you are going to be closing within the next 6 months, you do not want to get a new credit card.  Wait until after the closing to do so.  If you have already closed, your chances are good for getting a Discover credit card approval.

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