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Help me decide BCE vs Discover It

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RyVision
Valued Contributor

Re: Help me decide BCE vs Discover It

 

From what you're saying I'd tend to point you a bit toward a BCE as well.  Though, with your scores and UTIL, you could no doubt get both BCE, then IT, and both would probably treat you well. 

 

And yes, Discover does auto CLIs, so does AMEX.  Discover, if you're granted a higher limit product by them, is probably more likely to do the auto CLI though.   Do NOT bank on the AMEX 61 day 3xCLI as though it's a given,  there's no guarantee on that and people rarely post when they didn't get any sort of CLI with them on that attempt.


AKA 840flippedto480
Message 11 of 34
Anonymous
Not applicable

Re: Help me decide BCE vs Discover It

@hayabusa - thats me! Haha about 35/40 dollars a week and pretty much never buy groceries
Message 12 of 34
Anonymous
Not applicable

Re: Help me decide BCE vs Discover It

A week on gas*
Message 13 of 34
Anonymous
Not applicable

Re: Help me decide BCE vs Discover It

Get both. Your scores and util will definitely get you approved.
Message 14 of 34
Anonymous
Not applicable

Re: Help me decide BCE vs Discover It

Excellent points. With regards to Amex BCP, is there a higher approval threshold than BCE? I don't have any Amex and would like to start with either BCE or BCP, just want to maximize approval odds. Also does anyone know when will the CRA will update my score since I got Chase this Monday? My AAoA would go down so I want to be prepared.
Message 15 of 34
Anonymous
Not applicable

Re: Help me decide BCE vs Discover It

You should be fins with either, I believe its about the same, but regardless your scores are great
Message 16 of 34
Anonymous
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Re: Help me decide BCE vs Discover It


@Anonymous wrote:
Excellent points. With regards to Amex BCP, is there a higher approval threshold than BCE? I don't have any Amex and would like to start with either BCE or BCP, just want to maximize approval odds. Also does anyone know when will the CRA will update my score since I got Chase this Monday? My AAoA would go down so I want to be prepared.

Maximize your approval odds? Right now you're probably 99% approved. I think the chances of you getting rejected from your scores AAOA and utility I would say would like losing with Quad Kings in Poker....

Message 17 of 34
RyVision
Valued Contributor

Re: Help me decide BCE vs Discover It


@Anonymous wrote:

@Anonymous wrote:
Excellent points. With regards to Amex BCP, is there a higher approval threshold than BCE? I don't have any Amex and would like to start with either BCE or BCP, just want to maximize approval odds. Also does anyone know when will the CRA will update my score since I got Chase this Monday? My AAoA would go down so I want to be prepared.

Maximize your approval odds? Right now you're probably 99% approved. I think the chances of you getting rejected from your scores AAOA and utility I would say would like losing with Quad Kings in Poker....


 

I'd say that pretty much sums it up myself, though I might say quad Queens to be on the safe side  Smiley LOL  

 

And they usually pull from different CBs as well, so you'd most likely only add 1 INQ per report;  AMEX usually EX,  Disco, hard to say,  you'd have to check "Whogavemecredit.com" to figure that out as per your location the best you could.


AKA 840flippedto480
Message 18 of 34
Anonymous
Not applicable

Re: Help me decide BCE vs Discover It


@Anonymous wrote:

@kevinjjc wrote:

Why not get both? Smiley Tongue



+1

definitely get both.

they have bonuses for different categories and both are good cards by good companies.

 

Message 19 of 34
Anonymous
Not applicable

Re: Help me decide BCE vs Discover It

Discover has partner gift cards that allow you to earn extra cash back, e.g. you can redeem $20 cash back for $25 Tom's giftcard. That alone makes it more valuable to me than the Chase Freedom card. If you only spend in bonus categories it is equivalent to getting 6.25% cash back.
Message 20 of 34
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