topic Re: Daddy Graduated! (Discover Graduation) in Credit Card Approvals

Daddy Graduated! (Discover Graduation)

Anonymous — Wed, 04 Mar 2020 15:14:43 GMT

I'm a little late on posting this but I have some free time so here we go...

I got my Secured Discover card in July 2019. It was my first credit card...ever.

My initial deposit was $500. My 7th statement cut about two weeks ago. My card graduated at literally 12:00 AM on the 5th day post statement cut.

Yes, I checked at exactly 12:00 Am and watched my limit go from $500 to $2500. It was pretty cool.

Data points:

Starting scores:

EX: NA

TU:NA

EQ:NA

Current scores:

EX: 721

TU: 732

EQ: 724

I did not use this card near as much as my Capital One. My Cap One is definitely my daily driver. With that said I charged roughly 50 to a 150 dollars on the card each month. Made on average 2 to 3 payments per month. Balance was paid to $0 before statement cut 90 percent of the time.

Overall I would definitely recommend this card to "credit beginners". Also, word of advice to those just starting their credit journey, whatever you do try your absolute best to avoid subprime creditors e.g. " credit one". Your future self will thank you.

You wouldn't believe how many "pre approved" mailers they sent within the last 8 months.

Re: Daddy Graduated! (Discover Graduation)

M_Smart007 — Wed, 04 Mar 2020 15:17:52 GMT

Congratulations!

Re: Daddy Graduated! (Discover Graduation)

Anonymous — Wed, 04 Mar 2020 15:22:27 GMT

Congratulations! Totally agree with you on the subprime CC.

Re: Daddy Graduated! (Discover Graduation)

Anonymous — Wed, 04 Mar 2020 15:32:48 GMT

Congrats on your graduation and your increase.

Re: Daddy Graduated! (Discover Graduation)

AverageJoesCredit — Wed, 04 Mar 2020 16:10:17 GMT

Congrats to DF

Re: Daddy Graduated! (Discover Graduation)

soxfaininfl — Wed, 04 Mar 2020 16:44:09 GMT

Congratulations!

Re: Daddy Graduated! (Discover Graduation)

Anonymous — Wed, 04 Mar 2020 17:34:40 GMT

Congratulations on your graduation and CLI! 👍

Re: Daddy Graduated! (Discover Graduation)

AllZero — Wed, 04 Mar 2020 17:43:28 GMT

Congratulations on your graduation and CLI!

Re: Daddy Graduated! (Discover Graduation)

blindambition — Wed, 04 Mar 2020 17:57:25 GMT

Congrats on your graduation and CLI. Starting right with your cards! 🎓

Re: Daddy Graduated! (Discover Graduation)

ocheosa — Wed, 04 Mar 2020 18:11:30 GMT

Congratulations!

FYI, if interested and have not already done so, you can call CS and upgrade to the cashback (5% category) program.

Re: Daddy Graduated! (Discover Graduation)

Anonymous — Wed, 04 Mar 2020 19:52:57 GMT

congrats on grauduating!

enjoy!

Re: Daddy Graduated! (Discover Graduation)

Traveler101 — Thu, 05 Mar 2020 00:48:22 GMT

Congrats!

Re: Daddy Graduated! (Discover Graduation)

Dreams_Come_True — Thu, 05 Mar 2020 05:32:31 GMT

Congratulations!

Re: Daddy Graduated! (Discover Graduation)

ACW3rdIM — Thu, 05 Mar 2020 09:41:07 GMT

@Anonymous wrote:
I'm a little late on posting this but I have some free time so here we go...

I got my Secured Discover card in July 2019. It was my first credit card...ever.

My initial deposit was $500. My 7th statement cut about two weeks ago. My card graduated at literally 12:00 AM on the 5th day post statement cut.

Yes, I checked at exactly 12:00 Am and watched my limit go from $500 to $2500. It was pretty cool.

Data points:

Starting scores:

EX: NA
TU:NA
EQ:NA

Current scores:

EX: 721
TU: 732
EQ: 724

I did not use this card near as much as my Capital One. My Cap One is definitely my daily driver. With that said I charged roughly 50 to a 150 dollars on the card each month. Made on average 2 to 3 payments per month. Balance was paid to $0 before statement cut 90 percent of the time.

Overall I would definitely recommend this card to "credit beginners". Also, word of advice to those just starting their credit journey, whatever you do try your absolute best to avoid subprime creditors e.g. " credit one". Your future self will thank you.

You wouldn't believe how many "pre approved" mailers they sent within the last 8 months.

That's great! Congratulations to you!

Re: Daddy Graduated! (Discover Graduation)

GApeachy — Thu, 05 Mar 2020 09:54:00 GMT

Yes, I checked at exactly 12:00 Am and watched my limit go from $500 to $2500. It was pretty cool.

Omg, that is so cool!

Yay you and congrats!

Re: Daddy Graduated! (Discover Graduation)

Exonumist — Thu, 05 Mar 2020 10:23:40 GMT

Congrats! My Discover was my first card and over the last decade has grown so much. Keep up the good habits and you'll see the same. Discover is a great bank to work with.

Re: Daddy Graduated! (Discover Graduation)

RehabbingANDBlabbing — Thu, 05 Mar 2020 20:22:04 GMT

A huge congratulations! Most people (including myself) have been getting a CLI to $2k at graduation, so getting $2,500 is a pretty big deal if you ask me. And it can continue to grow after graduation. I recently got a CLI from $2k to $3k (took a while though).

Re: Daddy Graduated! (Discover Graduation)

Cass2387 — Fri, 06 Mar 2020 02:59:37 GMT

Congrats. I'm still holding out hope for mine. I started in July also.

Re: Daddy Graduated! (Discover Graduation)

Openwater — Fri, 06 Mar 2020 03:48:45 GMT

Congrats on the graduation. You are doing great, keep it up!

Re: Daddy Graduated! (Discover Graduation)

Meanmchine — Fri, 06 Mar 2020 04:48:20 GMT

Congrats !