I received an invitational mailer last week. Came here, researched and decided not to respond since my scores still suck. As usual, I fixated on the invitation the whole week. Alas, the only relief was to reply and get it over with so I went online and typed in the invite number, my info and hit the button.
Shockingly, they approved me. For $1600. Holy caves, Batman. I chose the teal card I think. MyFico scores are Ex 629, Trans 640 and EQ 639. I just got a raise and make around $53000 annually with OT. But I listed my straight salary which is $52000. Hope this helps someone else decide. Although, Discover does not seem to use any obvious logic in their approvals. I hesitated because people with excellent scores and scads of credit were getting denied. I was expecting a denial because I am currently fighting with the gas company over six months worth of account administrative charges they say I owe even though I turn my gas off every spring. I had no idea they showed my gas as still on. No, it is off. I am freezing my ass off at night; I would know if it was still on....cuz I would be using it, okay? We shall see the winner of this chicken dinner shortly. I am getting ready for round 2.
I want the Discover for utility padding while I pay off everything else. I will make a small purchase ie gas or whatever and PIF to show activity monthly.
Go figure about Discover. I think they are thinking ahead down the road and trying to grab the M generation as well as the YA's to hook them while they are still ripe for the picking. Just my two cents. Those two groups tend to have thin files and lower scores from what I have read. So, why not open your credit doors to the generation that as their whole life/wallets ahead of them? Makes sense to me.
Happy fall days to all.
Starting Score: 'All three mid 500s as of 1/1/16
Nicely done! Congrats on getting in . Youre right, they have weird parameters on who they let in and when but you got in now so its all good and will grow nicely
Congratulations on an excellent approval! Great post too! Enjoy your new card!
