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Discover secured question

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Anonymous
Not applicable

Discover secured question

I didn't get any kind of yes or no message on my app for Sunday.

Today they deducted my deposit out of my checking. Does that imply approved or do they verify your money before making a decision?
Message 1 of 17
16 REPLIES 16
Anonymous
Not applicable

Re: Discover secured question

If they pulled the funds, you are likely in.

 

If they didn't give you an answer for sure though, at this point I'd definitely call to check the status of your application and they'll tell you.  It's a fast call. 

Message 2 of 17
Loquat
Moderator Emeritus

Re: Discover secured question

I'd guess if they've taken $$$ you're probably good to go!  Please post back when you hear from them so that we can extend our congrats to you!

Message 3 of 17
Anonymous
Not applicable

Re: Discover secured question

As all the above posters stated, you are approved for it if the money has been taken from your accounts.

Message 4 of 17
lindsaydruart
Established Contributor

Re: Discover secured question

They took my money today as well. If you check the status page, it says they will send the card after verifying the funds. And this was all after the initial decline I got, followed by my letter to their EO, and a second app. It's a win if they took the money. Congrats!

Gardening since 12/15/2019. Goal 12/15/2021
FICO 8 as of 12/16/2019 - EQ 602 EX 656 TU 628
Message 5 of 17
Anonymous
Not applicable

Re: Discover secured question

Thanks everyone. Does anyone know if they are okay with heavy usage as long as I PIF?

Some of my secured cards (fnbo comes to mind) encourage you not to over use it in the "you're doing great" emails they send from time to time.
Message 6 of 17
Anonymous
Not applicable

Re: Discover secured question


@Anonymous wrote:
Thanks everyone. Does anyone know if they are okay with heavy usage as long as I PIF?

Some of my secured cards (fnbo comes to mind) encourage you not to over use it in the "you're doing great" emails they send from time to time.

Yes, they are fine with heavy heavy usage.

Message 7 of 17
undrtkr65
Frequent Contributor

Re: Discover secured question

They took my funds last night and told me to expect my card within a week after they verify the deposit. This will be my first discover I'm excited to be in with them.
Message 8 of 17
OmarGB9
Community Leader
Super Contributor

Re: Discover secured question

Grats

Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 9 of 17
Schoolbuskid
Valued Contributor

Re: Discover secured question

They took my funds yesterday....card is on the way!

Rebuilding and Reducing Debt, is my game plan.
Message 10 of 17
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