topic Re: Discover IT Invitation? in Credit Cards

Discover IT Invitation?

jbrown773 — Sat, 11 Oct 2014 15:05:43 GMT

So I've recieved a letter in the mail from discover saying I was invited to apply for the discover it card with an invitation number, after reading up on past posts about invitations I took it as they were simply fishing. Then I decied to check out the Find My Offer at the discover website which said "Heres the card we found for you." "Your Offer" Which was the discover it card. and at the bottom it says apply now. Is this a logical assumption that I would get approved for this card or did it simiply take the best card for my needs and showed that up. I know cap one simiply tells you that we cant find a pre approved card for you but here are some options that you might like to apply to. I've been in the garden for almost a year since I started my journey and have increased my limits on all the cards I aquired when I started. What do you guys think? I would like a discover it card but I dont want to waste the pull without a little confidence from the brain pool here.

Thanks

Re: Discover IT Invitation?

Anonymous — Sat, 11 Oct 2014 15:08:38 GMT

I also received this mail invitation but with a 657 EX Fico and several new accounts, I doubt my approval would be likely. This is also the card they show me when checking pre approvals. I'm not sure what your stats are, YMMV.

Re: Discover IT Invitation?

nmbrsgrl — Sat, 11 Oct 2014 15:23:07 GMT

I was denied after receiving the invitation for having a CO and too many inquiries. I had 8 from a recent car purchase. I think they don't like inquiries or negative items on your CR. How does your report look?

Re: Discover IT Invitation?

Anonymous — Sat, 11 Oct 2014 15:30:56 GMT

I know for me, I have no negatives or baddies, 100% on time payments but short AAOA and several inquiries.

Re: Discover IT Invitation?

Anonymous — Sat, 11 Oct 2014 16:01:30 GMT

Hows your EQ look?

Re: Discover IT Invitation?

Anonymous — Sat, 11 Oct 2014 16:57:16 GMT

Same but only 2 inquiries.

Re: Discover IT Invitation?

joltdude — Sat, 11 Oct 2014 19:08:41 GMT

Discover is pretty accommodating of thin but clean reports.. As long as your generating a score (except if a student even the Fico generating is optional but they do calculate an l2c score)... Is your AAoA at least 6-9 mo? I would wait for your score to go up a bit still. Try in 3 months once your in the high sixes, preferably 7s like 700

Re: Discover IT Invitation?

joltdude — Sat, 11 Oct 2014 19:14:20 GMT

Grrr. I was confusing two people. Jbrown has a good chance, depending on his AAoA being at least 6-9 years.. Struggle should wait until score goes up

Re: Discover IT Invitation?

joltdude — Sat, 11 Oct 2014 19:16:09 GMT

Jbrown.. On paper offer, what was the offer, mainly APR range and zero percent length. Seems there's a generic paper offer and some that are more targeted...

Re: Discover IT Invitation?

jbrown773 — Mon, 13 Oct 2014 20:24:26 GMT

Sorry I threw away the letter already, My scores are actually +20-30 pts from what my BIO says I havent been on to update in the last 6-7 months. But I have garden since my last card which I believe was in Feb. AAOA is at 11 months now. I decided not to try for it simply because I wasn't absolutely confident in it. I have 1 collections still thats going to drop in 2 months and 8 inqs which 3 will drop in the next 3 months. I have 4 months til my USbank graduates which I believe causes a Pull for that. That being said... Back to the garden.

Thank you guys though. I wasnt sure if they were simply fishing or I had a concrete chance. Not worth the gamble at this point.

Re: Discover IT Invitation?

Skye12329 — Mon, 13 Oct 2014 22:07:25 GMT

I applied when i got a Mailed offer, and then did the find offer on the website and clicked the apply button since it found the same mailed offer already. What i thought was interesting is that it pre-filled like 90% of my info for me. My APR offer was 15 - 18% and did get approved for 4k, EQ score was 684 at the time. So in my opinion if you dont have any baddies its a possibility to get a card with them. Last year i was declined for Discover for something about having too high of student loans when i applied for the student version....Discover logic

Re: Discover IT Invitation?

joltdude — Tue, 14 Oct 2014 13:54:40 GMT

That collection would have meant a denial most likely.. Discover will take a chance on a thin, but clean file....

Re: Discover IT Invitation?

Anonymous — Tue, 14 Oct 2014 14:13:26 GMT

@joltdude wrote:
That collection would have meant a denial most likely.. Discover will take a chance on a thin, but clean file....

As i found out, they'll take a chance on a medium, slightly dirty file too. 2 C/O's that fall off next year and 2 Medical collections that are 2 yrs old.