myFICO® Forums
Help
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 

How long should I wait to apply for the Discover card?

tag
Get Access Now
Anonymous
Not applicable
‎02-09-2015 10:08 PM
‎02-09-2015 10:08 PM

How long should I wait to apply for the Discover card?

I am planning to apply for the Chase Freedom card in the next couple months. I also want to get the Discover It card. How long should I wait to apply for the Discover card after I get the Freedom card?

Message 1 of 20
0 Kudos
19 REPLIES 19
Anonymous
Not applicable
‎02-09-2015 10:28 PM
‎02-09-2015 10:28 PM

Re: How long should I wait to apply for the Discover card?

Really depends on your profile. We'd need more information. If you don't have too many inquiries on your reports (assuming everything else is clean) right now you could technically shoot for both at the same time.

Message 2 of 20
0 Kudos
Anonymous
Not applicable
‎02-09-2015 11:08 PM
‎02-09-2015 11:08 PM

Re: How long should I wait to apply for the Discover card?

Current scores are EQ: 743, TU: 808, EXP:757. AAoA is 3 yrs. Have 10 inquires, all of which are 7 months old. No negatives. $100k income.

Message 3 of 20
0 Kudos
kdong1996
Regular Contributor
‎02-10-2015 12:45 AM
‎02-10-2015 12:45 AM

Re: How long should I wait to apply for the Discover card?

0.01929 seconds. But seriously, you should have no issue getting both at the same time.

Message 4 of 20
chalupaman
Super Contributor
‎02-10-2015 05:05 AM
‎02-10-2015 05:05 AM

Re: How long should I wait to apply for the Discover card?

@Anonymous wrote:

I am planning to apply for the Chase Freedom card in the next couple months. I also want to get the Discover It card. How long should I wait to apply for the Discover card after I get the Freedom card?


You can do them right now. Your scores and income definitely support having both. Go for the Freedom first right now and then Discover. 

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 5 of 20
Anonymous
Not applicable
‎02-10-2015 08:00 AM
‎02-10-2015 08:00 AM

Re: How long should I wait to apply for the Discover card?

@Anonymous wrote:

Really depends on your profile. We'd need more information. If you don't have too many inquiries on your reports (assuming everything else is clean) right now you could technically shoot for both at the same time.

Agreed... More info. is needed.  We can't just say go for it and then get denied.

Message 6 of 20
0 Kudos
Anonymous
Not applicable
‎02-10-2015 08:49 AM
‎02-10-2015 08:49 AM

Re: How long should I wait to apply for the Discover card?

@kdong1996 wrote:

0.01929 seconds. But seriously, you should have no issue getting both at the same time.

I agree. Jump on those puppies!

Message 7 of 20
0 Kudos
Anonymous
Not applicable
‎02-10-2015 08:54 AM
‎02-10-2015 08:54 AM

Re: How long should I wait to apply for the Discover card?

lik mentioned before it depends on your credit profile, but 

i would do it within the same week.

Message 8 of 20
0 Kudos
ojefferyo
Valued Contributor
‎02-10-2015 09:38 AM
‎02-10-2015 09:38 AM

Re: How long should I wait to apply for the Discover card?

Just do them back to back, I wouldn't worry as long as your scores and profile support it. I once did 5 cards back to back and got them all.

Amex Platinum, Amex Hilton HHonors Surpass, Chase Southwest Premier, Chase Marriott Rewards Premier, Discover IT, Sony Visa, Barclay Arrival+ MC, Cabela Visa, Walmart SC, Amazon SC, Kohls, Diners Club Premier, PayPal Credit, PenFed Platinum Reward Visa, PenFed PLOC, Chase Ritz Carlton, Citi TY Premier, Amex BCP, Discover Miles, Care Credit, Blue Nile SC, iComfort SC, Cap1 Venture, Chase Hyatt, Lowes, US Bank Cash+, Citi Costco Visa
Message 9 of 20
0 Kudos
Anonymous
Not applicable
‎02-10-2015 10:17 AM
‎02-10-2015 10:17 AM

Re: How long should I wait to apply for the Discover card?

What I worry about is the starting limit on the Discover card. I currently don't have a high limit credit card. I am fairly certain that I will get a fairly high starting limit on the freedom card, and I read that when lenders see a high limit card on your profile, they are encouraged to offer a high limit on their card. That's why I was thinking maybe to should wait a month or two before applying for the Discover. Let me know your thoughts on this.

Message 10 of 20
0 Kudos
† Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.