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Valued Member
Lpbelleza27
Posts: 40
Registered: ‎04-28-2013
0

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.

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Senior Contributor
myjourney
Posts: 26,659
Registered: ‎02-07-2013
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Re: minimum discovery card credit limit

Welcome to the forum need more info about your profile

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/13


Valued Member
Lpbelleza27
Posts: 40
Registered: ‎04-28-2013
0

Re: minimum discovery card credit limit

What additional info needed?

Epic Contributor
Creditaddict
Posts: 22,045
Registered: ‎10-23-2007
0

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- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
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
66 Cards and Counting :smileytongue:
Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

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
Lpbelleza27
Posts: 40
Registered: ‎04-28-2013
0

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
Creditaddict
Posts: 22,045
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- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
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
66 Cards and Counting :smileytongue:
Community Leader
Senior Contributor
myjourney
Posts: 26,659
Registered: ‎02-07-2013
0

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

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/13


Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

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
kimmiller112
Posts: 472
Registered: ‎04-09-2012
0

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.

Barclays USAir World MC $8300 - DCU $7500 - USAA World MC $7000 - PayPal Extras MC (GE) $5500 - Chase Saphire Preferred $5000 - Discover It $6000 - Barclays Sallie May $2700 - Chase Freedom $1000 - Capital One $8500 (business) - store cards ranging from $500-$9500

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