topic Re: Discover Pre-Approval Example in Credit Cards

Discover Pre-Approval Example

Anonymous — Fri, 30 Jun 2017 17:21:33 GMT

I finally got a "personalized offer" from the Discover pre-approval link. Since the wording of the response has been an issue for me before, and I've seen others post questions, I thought I'd show the difference.

Here's a screenshot of the response when the APR is a wide range:

This one says "personalized offer" and has a specific interest rate:

I didn't apply, so I can't say for sure that I'd get the card, but I like the wording on the second image a lot better.

Re: Discover Pre-Approval Example

Anonymous — Fri, 30 Jun 2017 17:26:02 GMT

What's your fico like?

Re: Discover Pre-Approval Example

Anonymous — Fri, 30 Jun 2017 17:33:49 GMT

@Anonymous wrote:
What's your fico like?

680s

Re: Discover Pre-Approval Example

wanttobeinthe700club — Sat, 01 Jul 2017 03:28:05 GMT

Thanks for the info on this.

Re: Discover Pre-Approval Example

Anonymous — Sun, 02 Jul 2017 02:27:04 GMT

Thanks for this. I was wondering if anyone had ever gotten a preapproval. Now I know what to wait for.

Re: Discover Pre-Approval Example

Anonymous — Mon, 17 Jul 2017 00:37:26 GMT

@Anonymous wrote:
I finally got a "personalized offer" from the Discover pre-approval link. Since the wording of the response has been an issue for me before, and I've seen others post questions, I thought I'd show the difference.

Here's a screenshot of the response when the APR is a wide range:

This one says "personalized offer" and has a specific interest rate:

I didn't apply, so I can't say for sure that I'd get the card, but I like the wording on the second image a lot better.

Quick Update - I decided to go ahead and apply. I was approved with a $3000 starting limit. The interest rate had changed from a single rate to a narrow range (19.9% -23.9%), but it still said "personalized offer". The previous single rate was 23.9%. I won't know what the rate actually was until I get the card.

Re: Discover Pre-Approval Example

Anonymous — Mon, 17 Jul 2017 00:41:25 GMT

Congrats on your approval! It's interesting that it went from one rate to a small range when you checked back in, but I'm glad you got it!

Re: Discover Pre-Approval Example

Anonymous — Mon, 17 Jul 2017 00:53:35 GMT

My scores had gone up about 10 points. Must have been enough to push me into possibly qualifying for the lower rate.

Re: Discover Pre-Approval Example

Anonymous — Mon, 17 Jul 2017 03:53:40 GMT

I assume that's is their normal process.

For months, I used to get 18x-1. A couple of months ago, I got 13x - 16x. Applied for the lower apr and approved @ 13 something apr. Oddly they pulled both EQ and EX. My EX, their scoreboard score, was somewhere 730.

Re: Discover Pre-Approval Example

Anonymous — Tue, 18 Jul 2017 00:16:11 GMT

Congrats on your approval.

Re: Discover Pre-Approval Example

Anonymous — Fri, 28 Jul 2017 12:26:13 GMT

@Anonymous wrote:
Quick Update - I decided to go ahead and apply. I was approved with a $3000 starting limit. The interest rate had changed from a single rate to a narrow range (19.9% -23.9%), but it still said "personalized offer". The previous single rate was 23.9%. I won't know what the rate actually was until I get the card.

Another update. Got my card. The rate ended up being 20.9%. Not great, but better than the 23.9%

Re: Discover Pre-Approval Example

Anonymous — Sun, 18 Mar 2018 17:13:40 GMT

Thank you for this post! I went from always seeing 'we don't have any offers for you' to this screen today, so I must be moving up! I was wondering what it meant, so I will wait, as mine is the generic offer.