topic Re: Discover it Cash Back Card questions in Credit Cards

Discover it Cash Back Card questions

newscore89 — Thu, 14 Nov 2019 05:29:56 GMT

Hey guys, has anyone ever applied for the "Discover it® Cash Back" credit card? I have several questions (see below)

1. Which credit bureau(s) do they pull from? Do they pull from only one or do they pull from all 3?

2. What is the minimum FICO score required for approval?

3. What is the minimum spending limit on the card if approved?

I was thinking about applying but I don't want to waste getting hit with a hard pull inquiry and not get approved or if they provide me with an opening limit less than $1,000.00

Currently, my Experian Fico is 675 ...... Equifax Fico is 640 and Transunion Fico is around 680

I appreciate anyone with insight on this Discover card and whether or not it's worth applying

thanks

newscore89

Re: Discover it Cash Back Card questions

Anonymous — Thu, 14 Nov 2019 06:45:27 GMT

Discover allows you to check to see if your prequalify before you app

try the link:

https://www.discovercard.com/application/website/prequal

Re: Discover it Cash Back Card questions

M_Smart007 — Thu, 14 Nov 2019 11:09:38 GMT

on checking the Disco pre-qual

Re: Discover it Cash Back Card questions

Anonymous — Thu, 14 Nov 2019 14:24:35 GMT

Discover only pulled Experian when I apped in early 2019. Depends on your state though, check the chart: https://www.doctorofcredit.com/credit-bureau-discover-pull/

Re: Discover it Cash Back Card questions

Anonymous — Thu, 14 Nov 2019 14:26:19 GMT

Also, don't let a potentially small starting limit dissuade you. Discover has one of the easier and more generous systems for soft-pull CLIs that you can request up to monthly once you're in.

Re: Discover it Cash Back Card questions

Anonymous — Thu, 14 Nov 2019 15:52:23 GMT

When my DH applied last month they pulled both EX (681) and EQ (667). We live in FL. He got a $3,000 SL.

Re: Discover it Cash Back Card questions

newscore89 — Thu, 14 Nov 2019 16:04:07 GMT

@Anonymous wrote:
Discover only pulled Experian when I apped in early 2019. Depends on your state though, check the chart: https://www.doctorofcredit.com/credit-bureau-discover-pull/

I'm located in Ohio, and it appears that Discover randomly pulls from any of the bureaus, hard to pin it down.

If I may ask do you recall what your Experian Fico score was when they HP'd and approved you?

I see in Ohio 7 people reported being HP'd thru Equifax, 11 were HP'd thru Experian, & 2 reported getting HP'd thru Transunion

Re: Discover it Cash Back Card questions

AverageJoesCredit — Thu, 14 Nov 2019 16:27:21 GMT

I dont think anyone has ever applied for this card..... we were all seduced by the cash back Darkside. Its a rewarding card and well worth the risk of a hp. No one can guarantee you your sl, Disco marches to its own beat. Good luck

Re: Discover it Cash Back Card questions

Remedios — Thu, 14 Nov 2019 19:36:33 GMT

@newscore89 Hi and welcome to the forums

Score is really not that important when it comes to discover. As a general guideline, approvals start somewhere around 630-650 Fico 8 for unsecured cards, providing there are no recent negatives (as in a year or two)

Who they pull depends on where you live.

Try preapproval link and see what happens. Preapproval is mostly EX and/or EQ

Re: Discover it Cash Back Card questions

FireMedic1 — Thu, 14 Nov 2019 19:45:24 GMT

My first card was 1.5 yrs out of BK at around 690-700. Started at $1200. And it grew to $6000 in 2 yrs. Closed now and kept my 2cd card now at $15,000. So it will grow. I believe I was double pulled due to the BK. Try the pre-qual.

Re: Discover it Cash Back Card questions

VPExecutive — Thu, 14 Nov 2019 23:49:28 GMT

@Anonymous wrote:
Discover allows you to check to see if your prequalify before you app

try the link:
https://www.discovercard.com/application/website/prequal

Discover prequal is not reliable like Citi or Capital One, sorry.

Re: Discover it Cash Back Card questions

Anonymous — Thu, 14 Nov 2019 23:50:45 GMT

@VPExecutive wrote:
@Anonymous wrote:
Discover allows you to check to see if your prequalify before you app

try the link:
https://www.discovercard.com/application/website/prequal
Discover prequal is not reliable like Citi or Capital One, sorry.

I disagree. Discover has a pretty solid prequal usually. In fact they're the only one besides HSBC that actually sent me a letter telling me why they couldn't prequalify me.

Re: Discover it Cash Back Card questions

VPExecutive — Thu, 14 Nov 2019 23:53:20 GMT

@Anonymous wrote:
@VPExecutive wrote:
@Anonymous wrote:
Discover allows you to check to see if your prequalify before you app

try the link:
https://www.discovercard.com/application/website/prequal
Discover prequal is not reliable like Citi or Capital One, sorry.
I disagree. Discover has a pretty solid prequal usually. In fact they're the only one besides HSBC that actually sent me a letter telling me why they couldn't prequalify me.

I think most here get a standard prequal message without a set APR.

Re: Discover it Cash Back Card questions

Anonymous — Thu, 14 Nov 2019 23:55:55 GMT

@VPExecutive wrote:
@Anonymous wrote:
@VPExecutive wrote:
@Anonymous wrote:
Discover allows you to check to see if your prequalify before you app

try the link:
https://www.discovercard.com/application/website/prequal
Discover prequal is not reliable like Citi or Capital One, sorry.
I disagree. Discover has a pretty solid prequal usually. In fact they're the only one besides HSBC that actually sent me a letter telling me why they couldn't prequalify me.
I think most here get a standard prequal message without a set APR.

I definitely got a set APR both times and so do most who report getting prequals. I don't know why that has been your experience but it's not the norm.

Re: Discover it Cash Back Card questions

Remedios — Fri, 15 Nov 2019 00:08:15 GMT

Discover has one of the most reliable prequal tools.
The end.

Re: Discover it Cash Back Card questions

Anonymous — Fri, 15 Nov 2019 00:37:50 GMT

@newscore89 wrote:
If I may ask do you recall what your Experian Fico score was when they HP'd and approved you?

Between 800 and 810.

Re: Discover it Cash Back Card questions

Pap_32 — Thu, 28 Nov 2019 22:25:28 GMT

My DM applied in June of this year she had recieved a mailer. They pulled Experian at the time of app she had a score of 670 approved for 8000 her income was 48000. My sister (19) applied in Sep they pulled Experian her score was 723 at the time of app only other cc she has was from our local credit union limit 100 and she got approved for 2250, income 18000. She had used disco prequalify like many others have suggested. We live in Southern California and both my DM and sister love the dicover it card no complaints from them so far

Re: Discover it Cash Back Card questions

pinkandgrey — Fri, 15 Nov 2019 02:15:23 GMT

Hmmm, I don't know if anybody around here has that card....

lol just kidding, of course.

Try the prequal tool! It tends to be quite reliable. Disco pulls only once generally, but as to which bureau, it's hard to say. Experian would be my GUESS. In my personal experience, Disco seems to like being your first good SL. Not always, though, of course. I've never seen lower than $500, but unless your credit is terrible, I would bet you'll get a much better limit.

Check the prequal and good luck!!! It's a great card.

Re: Discover it Cash Back Card questions

newscore89 — Sat, 16 Nov 2019 23:43:47 GMT

Thanks for all of the valuable feedback guys :-) It appears the Discover It card is a good card to utilize!

I'm going to take all of the good advice given and go ahead apply for the card over the next couple of days. I just did a prequalify and things look good. I'm just waiting on my Transunion report to update by Monday and I'll be under 30% credit utilization on my other cards.

Fingers crossed

thanks again