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Will Discover allow multiple CC's?

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YoungB718
New Contributor

Re: Will Discover allow multiple CC's?

Here's the truth...dont waste the HP.  Discover DOES NOT allow you to obtain another credit card while possesing it's secured card.  I know this to be true because I made that mistake a few months ago.  CSR expalined it to me quite clearly.

PenFed Platinum Rewards Visa: $10k|| PenFed Travel AMEX: $5k|| NAVCHEK: $15k|| US Bank Cash+ : $10k|| Citi Thank You Preferred: $9.7k|| Lowes: $35k|| PenFed Promise Visa: $11.5k|| Navy Federal Platinum: $22k|| Navy Federal GoRewards: $25k || PenFed LOC: $5k|| Capital One Venture: $15k || Barclay Reward Visa: $2.7K|| Chase Freedom: $10K|| Chase Sapphire Preferred: $10k|| Chase Freedom Ult'd: $6.8k Boscov’s: $11.5K|| PenFed Thrifty Credit: $500|| Discover IT: $2,800|| Wells Fargo Cash Wise: 8.8k||
Beginning Score:600 / Current Scores: EQ-735, TU-744, EX-744
Goal Score:800 Across

Message 11 of 13
Anonymous
Not applicable

Re: Will Discover allow multiple CC's?

What does the Discover Secured graduate into is there a specific card it turns into? (It, Journey, etc.)
Message 12 of 13
UncleB
Credit Mentor

Re: Will Discover allow multiple CC's?


@YoungB718 wrote:

Here's the truth...dont waste the HP.  Discover DOES NOT allow you to obtain another credit card while possesing it's secured card.  I know this to be true because I made that mistake a few months ago.  CSR expalined it to me quite clearly.


+1... I've read other reports of this as well.

 

It seems that if you have a secured Discover you can't get a second card, even if your scores/profile otherwise would support it.

 

I have no idea if or when this rule no longer applies... common sense would suggest that once the card un-secures you should be fine, but I would still reach out to them before wasting a HP (I also do not know if this restarts the one-year 'clock').  

 

While none of the issuer's CSRs are perfect, Discover's CSRs are generally better than most and can usually be trusted to give good information.

Message 13 of 13
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