Discover Secured Card

Mike11208 · ‎11-19-2018

I applied for the Discover secured card with just 200 dollars down on 3/15/2018. Was approved and had the card a week later.

Used it heavily for the past 7 months.

Last night I log in to my account and I have a 2000 credit limit. I called and they are sending me a check for the deposit.

My mom who has no real credit history even though 70 years old, I suggested she apply for the card, I had her as an authorized user on my account.

She used the pre-qual tool and we thought she would get offered a secured card of her own (back in May she wasn't offered anything) they offered her the cash back card and approved her for 3000.

AverageJoesCredit · ‎11-19-2018

Way to go

congrats to DM

Never to old to get Disco

Anonymous · ‎11-19-2018

Very nice! Congratulations!

Anonymous · ‎11-19-2018

Congrats

19eighty5 · ‎11-19-2018

Congratulations!

FICO 8 (Feb 2018):EX- 519, TU- 530, EQ- 545
FICO 8 (Sept 2022):EX- 706, TU- 685, EQ- 684
What's in my wallet:

AMEX Delta SkyMiles Reserve | $2,800 | February 2019

AMEX Marriott Bonvoy Brilliant | $3,100 | August 2019

BOA BankAmericard AU | $4,500 | May 2004

Citi CostCo Anywhere Visa | $4,780 | March 2020

Citi Macy's Star Rewards | $11,100 | September 2021

Comenity Overstock | $7,100 | August 2018

Goldman Sachs Apple Card | $6,000 | March 2020

Synchrony CareCredit | $12,000 | October 2018

Synchrony Lowe's Advantage | $5,000 | March 2020

Audi e-tron - Audi Financial | $85K/72mo/3.24% | March 2022

Anonymous · ‎11-20-2018

❤ these kinds of success stories!

Anonymous · ‎11-20-2018

From $300 to $2000 @ only 7 months -- Disco loves it some Mike (and DM -- "Any family of Mike's is family of ours."). Congratulations!

Do you have some DPs to share with the community?

Mike11208 · ‎11-20-2018

Well, 200 dollars was the deposit.

From the day I got the card I used it, and always tried to make sure that when it was ready to cut, I had only 50% or less of usage on the card.

I then always paid it off in full, even using the cashback.

I made various payments throughout the month as it was only a 200 limit and 200 bucks isn't much to work with. I would pass $300 - $900 a month on the card. But it was hard to do because of the limit after 3 payments discover would warn you. But I really didn't do much of anything else.

Anonymous · ‎11-20-2018

Congratulations! Awesome that you also helped your mom to get into the CC game, that is actually really awesome!

Discover probably saw that you were doing great with $200 and also they probably figured out that, based on your spending habits, you would need more than $200, haha! Congratulations again!

Anonymous · ‎11-20-2018

@Mike11208 wrote:
Well, 200 dollars was the deposit.

From the day I got the card I used it, and always tried to make sure that when it was ready to cut, I had only 50% or less of usage on the card.

I then always paid it off in full, even using the cashback.

I made various payments throughout the month as it was only a 200 limit and 200 bucks isn't much to work with. I would pass $300 - $900 a month on the card. But it was hard to do because of the limit after 3 payments discover would warn you. But I really didn't do much of anything else.

Thanks for the additional information. I'm still curious about your credit profile -- i.e., primarily Fico scores?