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Discover Scorecard

tag
Anonymous
Not applicable

Discover Scorecard

Is the scorecard that Discover provides to everyone for free accurate? My new score was available for updating yesterday, and its 12 points higher than my Experian score on myFICO.
Message 1 of 11
10 REPLIES 10
sarge12
Senior Contributor

Re: Discover Scorecard


@Anonymous wrote:
Is the scorecard that Discover provides to everyone for free accurate? My new score was available for updating yesterday, and its 12 points higher than my Experian score on myFICO.

It is a fico 08, if the one from experian is also, the difference would have to be when each was pulled. The one on scorecard.com is definately a true fico 08 score from experian.

TU fico08=824 06/16/24
EX fico08=815 06/16/24
EQ fico09=809 06/16/24
EX fico09=799 06/16/24
EQ fico bankcard08=838 06/16/24
TU Fico Bankcard 08=847 06/16/24
EQ NG1 fico=802 04/17/21
EQ Resilience index score=58 03/09/21
Unknown score from EX=784 used by Cap1 07/10/20
Message 2 of 11
Anonymous
Not applicable

Re: Discover Scorecard

The Discover Score Card has consistently matched other providers. As one poster noted, a score is accurate for the moment in time it is pulled then any change and a re-pull could find a score that is different (have done this to test).
Message 3 of 11
Anonymous
Not applicable

Re: Discover Scorecard


@Anonymous wrote:
Is the scorecard that Discover provides to everyone for free accurate? My new score was available for updating yesterday, and its 12 points higher than my Experian score on myFICO.

This just means that the score generated on myFICO and the score generated at scorecard were done at different times and taking different data at those moments into consideration.  Typically something like a utilization change, new account, etc. could constitute a change of ~12 points.

Message 4 of 11
Anonymous
Not applicable

Re: Discover Scorecard

For a time I subscribed both to myFICO and Experian's own credit monitoring service offering reports refreshed daily.

 

What I found was that because myFICO only updates based on alerts sents by the credit bureau, the Experian score on myFICO could be about 2 weeks and several score changes out of date at times.

 

Customer service at myFICO explained that this is how the product is supposed to work because myFICO has no control over the process the credit bureau uses to issue alerts.

Message 5 of 11
Anonymous
Not applicable

Re: Discover Scorecard

Maybe Discover pulled Tu?

Message 6 of 11
sarge12
Senior Contributor

Re: Discover Scorecard


@Anonymous wrote:

Maybe Discover pulled Tu?


Discover scorecard is the free score provided to anyone for free and it is an Experian fico 08 score...always. The score provided to cardholders on the discover site is a Transunion fico 08 score...always.

TU fico08=824 06/16/24
EX fico08=815 06/16/24
EQ fico09=809 06/16/24
EX fico09=799 06/16/24
EQ fico bankcard08=838 06/16/24
TU Fico Bankcard 08=847 06/16/24
EQ NG1 fico=802 04/17/21
EQ Resilience index score=58 03/09/21
Unknown score from EX=784 used by Cap1 07/10/20
Message 7 of 11
Anonymous
Not applicable

Re: Discover Scorecard

The score that shows on the Discover Scorecard was refreshed on April 3rd. My score on myFICO has not been updated since March 30th. 

 

Is it safe to assume the Discover score is more accurate even though it's only been a couple of days?

Message 8 of 11
sarge12
Senior Contributor

Re: Discover Scorecard


@Anonymous wrote:

The score that shows on the Discover Scorecard was refreshed on April 3rd. My score on myFICO has not been updated since March 30th. 

 

Is it safe to assume the Discover score is more accurate even though it's only been a couple of days?


They are both equally accurate. A score pull is a snapshot in time, and as such is accurate for that time and date, and only that time and date. Two days later it may be higher or lower based on what may have reported or fell off the report since the last pull.

TU fico08=824 06/16/24
EX fico08=815 06/16/24
EQ fico09=809 06/16/24
EX fico09=799 06/16/24
EQ fico bankcard08=838 06/16/24
TU Fico Bankcard 08=847 06/16/24
EQ NG1 fico=802 04/17/21
EQ Resilience index score=58 03/09/21
Unknown score from EX=784 used by Cap1 07/10/20
Message 9 of 11
Anonymous
Not applicable

Re: Discover Scorecard

> The score that shows on the Discover Scorecard was refreshed on April 3rd. My score on myFICO has not been updated since March 30th. 

> Is it safe to assume the Discover score is more accurate even though it's only been a couple of days?

 

I would guess yes, the reason being that many FICO factors, including account age and expiration dates for old late payments, are calculated by the month. So it's common to see a score change (typically an improvement) on the first day of the month.

 

Presumably you will receive a myFICO update in the next day or two. If you need to, you can sign up for the free credit monitoring service at Experian.com, which will give you your report info and a FICO 8 immediately and once a month thereafter at no charge.

 

If you have an AmEx card I believe they give you a free FICO 8 once a month (at a date they determine) as well.

 

If you are closely monitoring your Experian report (perhaps in the process of a significant application), you can stagger these reports use the information provided by these services, together with the hints contained in the myFICO alerts, to get a pretty accurate picture of activity in your Experian file and its effects on your FICO 8.

Message 10 of 11
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