Discover secured it

twiddledee · ‎07-11-2019

Trying to get in with Discover....Not in a position to get an unsecured card at this time but was hoping for the secured version.

I have been checking the prequal site with no pop up for anything. Will I have to be prequalified to get even the secured it card ?

Thanks

1hotcat · ‎07-11-2019

Yes,

I been trying to get in with Discover and received different reasons for denial as my credit has gotten better.

1st - delinquent accounts

2nd - too many open accounts

Soft pulls so i'm ok with checking every 10 days or so.

Check Capital One's pre-qualified site and see if you are eligible for a secured account.

good luck...

Starting Scores:

Starting Score: 500
Current Score: 744
Goal Score: 800 (All 3 Bureau's) June 2025 **

Take the myFICO Fitness Challenge
The 1st stone looks just like a stone until one day you realize that you put one on top of the other and now it's a skyscraper .

FireMedic1 · ‎07-11-2019

Just remember Cap1 doesnt graduate any longer. For now at least. Keep checking Disco, Citi, or Merrick is a good one with hardly any complaints on here.

BK Free Aug25

Anonymous · ‎07-11-2019

When I applied for Discover secured I had low 500s scores. I was approved. At the time, I actually did not know you could get turned down for a secured card. I opened Discover and Cap1 secured on the same day. Since it never occurred to me that it was possible to get turned down for a secured card, I never even tried the prequalify link. I later got slapped with reality when I applied for Bank of America secured and got rejected for “prior relationship” (a.k.a. burned badly). As a data point I did not burn DSC in my BK but did burn Cap1.

Anonymous · ‎07-22-2019

I qualified for a Discover It Secured with scores in the high 500's almost 600 about two months ago. I just recently hit low 600's. My deposit was $200 and was approved instantly. I just increased my deposit to $1200 this week, hoping to graduate in about 6 months.

Discover has been great, I highly recommend the card. I'm not sure your credit profile specifics so I'm not sure your approval odds. I will say I have 3 baddies on my profile and was still approved. At the time, the only cards I had was a secured Cap1 and a business Cap1 both at $500.

Remedios · ‎07-23-2019

@twiddledee wrote:
Trying to get in with Discover....Not in a position to get an unsecured card at this time but was hoping for the secured version.
I have been checking the prequal site with no pop up for anything. Will I have to be prequalified to get even the secured it card ?

Thanks

You could try a cold app, but their prequals are fairly reliable, so if you dont have any, your chances are really not that good

Sometimes when doing a prequal, there will be a message addressing why no offers are available. Did you get one?

If so, try prequal again once those reasons are resolved or when your score improves.

I think you'd benefit from visiting a rebuilding forum. Explain your situation and you could get valuable advice on how to deal with negatives on your CR if any are present.

Good luck

Anonymous · ‎08-13-2019

Does anyone know if the prequalify system checks for secured cards? I actually applied for the secured card after my Bk Discharged (5/19) and was denied due to BK. I have been checking the prequalifier but I am wondering if it checks for secured cards as well. Luckily I was able to get approved for a Wells Fargo Secured Card.

Anonymous · ‎08-13-2019

@Anonymous wrote:
Does anyone know if the prequalify system checks for secured cards? I actually applied for the secured card after my Bk Discharged (5/19) and was denied due to BK. I have been checking the prequalifier but I am wondering if it checks for secured cards as well. Luckily I was able to get approved for a Wells Fargo Secured Card.

Yes it would list the secured card. When my bk was discharged I tried the prequal and at first it gave me no offers. I checked again a month later and the secured version was there.

Anonymous · ‎08-14-2019

@Anonymous wrote:
@Anonymous wrote:
Does anyone know if the prequalify system checks for secured cards? I actually applied for the secured card after my Bk Discharged (5/19) and was denied due to BK. I have been checking the prequalifier but I am wondering if it checks for secured cards as well. Luckily I was able to get approved for a Wells Fargo Secured Card.
Yes it would list the secured card. When my bk was discharged I tried the prequal and at first it gave me no offers. I checked again a month later and the secured version was there.

Thank you. My BK discharged 5/6/19. I will keep checking the prequal. Hopefully they will let me in sooner or later. LOL

Anonymous · ‎08-14-2019

@FireMedic1 wrote:
Just remember Cap1 doesnt graduate any longer. For now at least. Keep checking Disco, Citi, or Merrick is a good one with hardly any complaints on here.

Just an fyi, I spoke with Cap1 customer service rep today asking about a product change and he talked about graduating so not sure if he was mistaken or they've changed their policy again but thought it worth mentioning.