@CreditCuriosity wrote:
Sorry for the Cruddy starting limit.. Discover doesn't give a rats behind about income as many data points indicate nor score persay within reason if you are above 630-640 have a recent BK and make 40k you can get a 10k approval out the gate with them.. To many of us that makes no sense, but to discover and their investors it does for whatever reason whether they figure they will make money off interest these people are more likely to carry a balance or they will be more loyal to discover and more swipes etc.. Things that are known is discover 1) doesn't like alot of credit with other lenders 2)likes new people to credit or people recently out of BK 3) income and scores or inquiries they can really care less about it is what is on your report 4) rest is basically a black box and unknown.
tldr; if you have alot of credit and good scores discover and good income probably isn't the card for you as many better cards out there as well so they might be doing us all a favor that get frustrated with them and how they act with good profiles/scores/incomes
This ^^^^ OP.
Some institutions, if started later in a credit journey (especially for folks with tons of available credit), will be pitfalls for growth (i.e. Discover, PenFed, First Tech, ELAN, HSBC, State Farm, etc.). Nevertheless, an approval which is still great IMO. And, while not the best starting SL, there's potential for growth albeit more of a turtle race compared to your other CCs.
In the end, that's why I applied for it.