topic Re: Discover IT?? in Credit Cards

Discover IT??

Cheryla18 — Mon, 21 Jul 2014 16:53:11 GMT

I did a prescreenig on the Discover IT card...and they had a offer for me. SO my question is...What are their typical requirements...ie...scores...baddies...judgements... I have 3 new cards but only 1 reporting atm Fingerhut CL 700.00 Credit One CL 500. not reporting yet and a Linen Source CL 250.. not reporting. I do have a secured CC for over a year with CL 1,000.00 with a high utl of 95% I only have 1 open collection and I have 2 tax liens. I don't want to app for it just to get denied. But I need some premium cards.

TIA

Cheryl

Re: Discover IT??

MT936 — Mon, 21 Jul 2014 16:55:26 GMT

It's a fairly easy card to get a lot of my college friends first card was the discover it

Re: Discover IT??

heyarrnold — Mon, 21 Jul 2014 16:58:43 GMT

@Cheryla18 wrote:
I did a prescreenig on the Discover IT card...and they had a offer for me. SO my question is...What are their typical requirements...ie...scores...baddies...judgements... I have 3 new cards but only 1 reporting atm Fingerhut CL 700.00 Credit One CL 500. not reporting yet and a Linen Source CL 250.. not reporting. I do have a secured CC for over a year with CL 1,000.00 with a high utl of 95% I only have 1 open collection and I have 2 tax liens. I don't want to app for it just to get denied. But I need some premium cards.

TIA
Cheryl

Hi Cheryl,

I hope all is well!

Did you do the pre screen online? If so, their pre screen is generic. You can make up a name and a social, and the offer will still come up unfortunately :/

I was approved with a 640 score almost two years ago if that helps. I had no baddies. My score was so low because I was just starting out with credit and went application crazy lol.

Re: Discover IT??

barbaralee — Mon, 21 Jul 2014 17:09:20 GMT

I have a friend whos' credit is so nonexistent that all should could get was a $500 capital one starter card and a 24% interest rate on a car loan ... and yet she was approved for 2k on the Discover IT, lol.

Re: Discover IT??

bigblue7722 — Mon, 21 Jul 2014 17:31:03 GMT

24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it

Re: Discover IT??

cluelessoregonguy — Mon, 21 Jul 2014 18:13:21 GMT

I really want this card too. Got prequal but wating for util (36%) to drop under 2% and my one blemish to drop off in 2 weeks. This is driving me crazy lol

Then the stupid retargeting ad campaigns follow you around screaming "APPLY NOW!!!".

I might not make it...

Good luck if you decide to app

Re: Discover IT??

Closingracer99 — Mon, 21 Jul 2014 18:17:04 GMT

@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it

The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.

Re: Discover IT??

09Lexie — Mon, 21 Jul 2014 20:27:06 GMT

Discover is conservative with derogs and new accts IMO. New or no credit applicants have a far more easier chance of approval. The other issue is like GE, there is no reconning a computer denial.

What exactly is the verbiage you see for your offer?

Re: Discover IT??

Cheryla18 — Mon, 21 Jul 2014 21:07:58 GMT

@09Lexie wrote:
Discover is conservative with derogs and new accts IMO. New or no credit applicants have a far more easier chance of approval. The other issue is like GE, there is no reconning a computer denial.

What exactly is the verbiage you see for your offer?

Your Personalized OfferSECURE

Go Back

Here's The Card We Found For YouThe Discover it® card is changing the game.

Your Offer

No Annual Fee*
0% Intro Purchase APR* for 14 months and then 10.99%– 22.99% Standard Variable Purchase APR.
0% Intro Balance Transfer APR* for 14 months from date of first transfer, for transfers under this offer that post to your account by October 10, 2014 and then 10.99% – 22.99%Standard Variable Purchase APR.*
3% of the amount of each transfer .
* See rates, rewards and other info

Cash Rewards

5% Cashback Bonus in categories that change throughout the year like gas, restaurants and more up to the quarterly maximum. Signing up each time is free and easy.

See 5% Cashback Calendar
1% Cashback Bonus on all other purchases -with no limit on how much you can earn.

Treatment You Deserve

Paying late won't raise your APR*
Pay your bill 'till midnight (ET) the day it's due online or by phone
If you lose your job call, we'll lower your interest rate, monthly payment or find another way to help
100% U.S. based customer service available any time
No late fee for you first late payment

Compare with other cards

Apply Now Back

Re: Discover IT??

heyarrnold — Mon, 21 Jul 2014 21:21:18 GMT

@Cheryla18 wrote:
@09Lexie wrote:
Discover is conservative with derogs and new accts IMO. New or no credit applicants have a far more easier chance of approval. The other issue is like GE, there is no reconning a computer denial.

What exactly is the verbiage you see for your offer?
Your Personalized OfferSECURE
Go Back
Here's The Card We Found For YouThe Discover it® card is changing the game.
Your Offer
No Annual Fee*
0% Intro Purchase APR* for 14 months and then 10.99%– 22.99% Standard Variable Purchase APR.
0% Intro Balance Transfer APR* for 14 months from date of first transfer, for transfers under this offer that post to your account by October 10, 2014 and then 10.99% – 22.99%Standard Variable Purchase APR.*
3% of the amount of each transfer .
* See rates, rewards and other info
Cash Rewards
5% Cashback Bonus in categories that change throughout the year like gas, restaurants and more up to the quarterly maximum. Signing up each time is free and easy.

See 5% Cashback Calendar
1% Cashback Bonus on all other purchases -with no limit on how much you can earn.
Treatment You Deserve
Paying late won't raise your APR*
Pay your bill 'till midnight (ET) the day it's due online or by phone
If you lose your job call, we'll lower your interest rate, monthly payment or find another way to help
100% U.S. based customer service available any time
No late fee for you first late payment

Compare with other cards
Apply Now Back

It's a generic offer. Make up a name and put the SSN as 1234. The same offer shows up.

Re: Discover IT??

bigblue7722 — Mon, 21 Jul 2014 23:45:16 GMT

@Closingracer99 wrote:
@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it
The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.

I didnt say it was better I just said I would reccomend it cause you can recon. But i do think chase is better. It is accpeted at more places and its basically the same card. Chase always offers a sign up bonus while discover does not always. The secured card from discover makes little sense to me. You cant apply for it its only an offer? Then sometimes they give you a joint account option? Why dont they give you the option for both or atleast the option to apply? Recon is a great friend when it comes to credit. Thats why if you are unsure if you will get approved I would stay away from discover and amex and stick with chase, barlcaycard and capital one cards . Plus you can do way more with chase UR if you have the CSP then you could ever do with discover.

Side note: When i applied for the freedom it was like a week before they offered the 200 dollar deal. Chase gave it to me no problem. Discover on the other hand I applied like a week before they offered the 150 deal and they would not give it to me. I will always reccomend chase over discover.

Re: Discover IT??

TheFate — Mon, 21 Jul 2014 23:52:26 GMT

@Closingracer99 wrote:
@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it
The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.

I think you're the only one on this site that believes Discover is better than Chase Freedom lol

Re: Discover IT??

bigblue7722 — Mon, 21 Jul 2014 23:55:45 GMT

@TheFate wrote:
@Closingracer99 wrote:
@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it
The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.
I think you're the only one on this site that believes Discover is better than Chase Freedom lol

I think discover needs to step up their game personally. They need to do more than chase to get my business and imo they are not. Why dont they always offer a sign up bonus like chase does?

Re: Discover IT??

Closingracer99 — Tue, 22 Jul 2014 02:27:00 GMT

@TheFate wrote:
@Closingracer99 wrote:
@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it
The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.
I think you're the only one on this site that believes Discover is better than Chase Freedom lol

I'll Still Continue the Fight though

In all seriousness though I Prefer Dsicover because they gave me a card while Even though I have been a chase Checking account customer for years they have basically told me No like 10 times for a Credit card. It also helps I Prefer Shop Discover over Chase UR shop.

And to the Poster Above me ..... I have found 1 or 2 places where I live and Granted it is NYC so that might be why it is accepted almost everywhere ( I don't count Costco since They only Take Amex which is probably done because of an exclusive deal between them 2) in the United States. If your traveling in Europe neither the Freedom or Discover is useful unless A) They take Swipe cards or you have a Freedom with EMV chip + sig cards , B) Discover does have no foreign transaction fee so if they do take Swipe cards and discover or Diners club Discover automatically wins

Re: Discover IT??

Closingracer99 — Tue, 22 Jul 2014 02:28:35 GMT

@bigblue7722 wrote:
@TheFate wrote:
@Closingracer99 wrote:
@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it
The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.
I think you're the only one on this site that believes Discover is better than Chase Freedom lol
I think discover needs to step up their game personally. They need to do more than chase to get my business and imo they are not. Why dont they always offer a sign up bonus like chase does?

referral's is enough of a reason for me lol

Already made like $200 referring people for discover card

Re: Discover IT??

Closingracer99 — Tue, 22 Jul 2014 02:33:06 GMT

@bigblue7722 wrote:
@Closingracer99 wrote:
@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it
The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.
I didnt say it was better I just said I would reccomend it cause you can recon. But i do think chase is better. It is accpeted at more places and its basically the same card. Chase always offers a sign up bonus while discover does not always. The secured card from discover makes little sense to me. You cant apply for it its only an offer? Then sometimes they give you a joint account option? Why dont they give you the option for both or atleast the option to apply? Recon is a great friend when it comes to credit. Thats why if you are unsure if you will get approved I would stay away from discover and amex and stick with chase, barlcaycard and capital one cards . Plus you can do way more with chase UR if you have the CSP then you could ever do with discover.

Side note: When i applied for the freedom it was like a week before they offered the 200 dollar deal. Chase gave it to me no problem. Discover on the other hand I applied like a week before they offered the 150 deal and they would not give it to me. I will always reccomend chase over discover.

I prefer Shop discover as I have said, No Late fee on first late payment god forbid you need to use that feature but hey we are human and we can forget, No foreign transaction fees and Discover can be used anywhere that takes Diners club, and South east Asia, and no Jacking up APR% when late

Re: Discover IT??

elim — Tue, 22 Jul 2014 02:40:52 GMT

OP, i got a denial with the scores in my siggy. The only baddie on all 3 reports was a fed tax lien. The only thing the denial letter said was "reason for denial... TAX LIEN"

I would expect it will be a wasted HP

Re: Discover IT??

TheFate — Tue, 22 Jul 2014 04:48:20 GMT

@Closingracer99 wrote:
@TheFate wrote:
@Closingracer99 wrote:
@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it
The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.
I think you're the only one on this site that believes Discover is better than Chase Freedom lol
I'll Still Continue the Fight though

In all seriousness though I Prefer Dsicover because they gave me a card while Even though I have been a chase Checking account customer for years they have basically told me No like 10 times for a Credit card. It also helps I Prefer Shop Discover over Chase UR shop.

And to the Poster Above me ..... I have found 1 or 2 places where I live and Granted it is NYC so that might be why it is accepted almost everywhere ( I don't count Costco since They only Take Amex which is probably done because of an exclusive deal between them 2) in the United States. If your traveling in Europe neither the Freedom or Discover is useful unless A) They take Swipe cards or you have a Freedom with EMV chip + sig cards , B) Discover does have no foreign transaction fee so if they do take Swipe cards and discover or Diners club Discover automatically wins

That's an individual experience, it holds absolutely no argument in Discovers defense as to why its "Much much much better" lol

Care to entertain us with a real reason "Fighter"?

Re: Discover IT??

TheFate — Tue, 22 Jul 2014 04:50:48 GMT

@Closingracer99 wrote:
@bigblue7722 wrote:
@Closingracer99 wrote:
@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it
The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.
I didnt say it was better I just said I would reccomend it cause you can recon. But i do think chase is better. It is accpeted at more places and its basically the same card. Chase always offers a sign up bonus while discover does not always. The secured card from discover makes little sense to me. You cant apply for it its only an offer? Then sometimes they give you a joint account option? Why dont they give you the option for both or atleast the option to apply? Recon is a great friend when it comes to credit. Thats why if you are unsure if you will get approved I would stay away from discover and amex and stick with chase, barlcaycard and capital one cards . Plus you can do way more with chase UR if you have the CSP then you could ever do with discover.

Side note: When i applied for the freedom it was like a week before they offered the 200 dollar deal. Chase gave it to me no problem. Discover on the other hand I applied like a week before they offered the 150 deal and they would not give it to me. I will always reccomend chase over discover.
I prefer Shop discover as I have said, No Late fee on first late payment god forbid you need to use that feature but hey we are human and we can forget, No foreign transaction fees and Discover can be used anywhere that takes Diners club, and South east Asia, and no Jacking up APR% when late

Freedom is accepted in far more places than Discover is, thats a fact

Re: Discover IT??

Closingracer99 — Tue, 22 Jul 2014 05:45:57 GMT

@TheFate wrote:
@Closingracer99 wrote:
@bigblue7722 wrote:
@Closingracer99 wrote:
@bigblue7722 wrote:
24% interest on a car loan Holy crap! Tell her to go to a credit union they can't charge more than 18%. As for discover it., I would personally recommend the chase freedom card cause u can recon. With discover there is no recon they may offered secured or joint cards but IMO it's not worth it
The Chase Freedom is better because of Recon? lol? I have both cards and while I wanted a Chase Freedom card and Finally got it Discover is much much much better imo..... Discover has the rotating 5%, Discover shop is much better then Chase UR shop, and Discover deals. A Secured card isn't a negative considering you get the Deposit back once that card graduates or is Canceled and.
I didnt say it was better I just said I would reccomend it cause you can recon. But i do think chase is better. It is accpeted at more places and its basically the same card. Chase always offers a sign up bonus while discover does not always. The secured card from discover makes little sense to me. You cant apply for it its only an offer? Then sometimes they give you a joint account option? Why dont they give you the option for both or atleast the option to apply? Recon is a great friend when it comes to credit. Thats why if you are unsure if you will get approved I would stay away from discover and amex and stick with chase, barlcaycard and capital one cards . Plus you can do way more with chase UR if you have the CSP then you could ever do with discover.

Side note: When i applied for the freedom it was like a week before they offered the 200 dollar deal. Chase gave it to me no problem. Discover on the other hand I applied like a week before they offered the 150 deal and they would not give it to me. I will always reccomend chase over discover.
I prefer Shop discover as I have said, No Late fee on first late payment god forbid you need to use that feature but hey we are human and we can forget, No foreign transaction fees and Discover can be used anywhere that takes Diners club, and South east Asia, and no Jacking up APR% when late
Freedom is accepted in far more places than Discover is, thats a fact

I been to one or 2 places where they have not accepted Discover cards. My First card was a discover card which was my only Credit card for about 6 months and the first Visa/Mastercard that I got was only 5 months ago.. I never had to whip out my Debit card which is a Visa once during that time besides Costco since they only take Amex. Discover is practically accepted everywhere these days in the states from my experience