Question: Is Discover It A Good Credit Card?

Discover it® Cash Back Credit Card

The Discover it Cash Back Credit Card is quite popular.

Since this card has no annual fee that means you can earn quite a profit.

You’ll get a 14-month 0% intro APR for purchases and balance transfers, which is fairly good for cards like these.

What credit score do you need for a Discover it card?

There aren’t any Discover cards that flat-out require excellent credit, currently. But we recommend a score of at least 700, which is toward the top of the good range, for the cards that require good credit for approval. So most Discover cards may be a tough get for the average person, who has a credit score of 669.

Is the Discover card a good card to have?

Discover credit cards are not as widely accepted as leading competitors. It’s one of the reasons we think that the Discover it® Cash Back is a great option as a supplemental credit card. Use it to earn the bonus rewards, but keep a more accepted primary card around just in case.

Is discover a good first credit card?

Discover it® Student Cash Back: Best feature: Rewards for students. Capital One® Platinum Credit Card: Best feature: No annual fee. Capital One® Secured Mastercard®: Best feature: Access to a higher credit line after your first five on-time monthly payments.

How does the Discover it card work?

Rewards or cash back credit cards provide a small rebate for every purchase you make. The Discover it® Card, for example, offers 5% Cashback Bonus at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com*, or wholesale clubs up to the quarterly maximum each time you activate.

Is discover it card hard to get?

There’s not just one Discover Card. The average approved score for a Discover IT card is much higher, at 708. The good news is that there are versions of the Discover IT card that do allow for a lower minimum credit score. The Discover IT Chrome for Students will approve people with an average score of around 632.

How often does discover raise your credit limit?

For the best chance of approval, Discover recommends that you wait at least 6 months before applying for another credit limit increase, but your credit limit is being constantly re-evaluated and could be increased at any time.

Does Discover Card automatically increase credit limit?

Reach a Discover Credit Analyst by Phone or Online

To request an increase over the phone, call 1-800-347-2683. 2. To do it online, log in to your account. Request a credit limit increase through Discover’s online account center.

Which Discover card is best?

NerdWallet’s Best Discover Credit Cards of 2019

  • Discover it® Cash Back: Best for Everyday spending.
  • Discover it® Balance Transfer: Best for Balance transfers.
  • Discover it® Miles: Best for Travel.
  • Discover it® Student Cash Back: Best for College students.
  • Discover it® Secured: Best for Building or rebuilding credit.

Is Discover card good for building credit?

Then use your credit card, earn Cash Back Bonus on every purchase and pay on time each month to help build your credit history. Apply today and enjoy your Discover it® Secured Credit Card. 1. Discover reports your credit history to the three major credit bureaus so it can help build your credit if used responsibly.

What is my interest rate on my Discover card?

Discover it Student Chrome: 14.99% to 23.99% (V) regular APR. 0% for 6 months on purchases and 10.99% for 6 months on balance transfers. Discover it Secured: 24.99% (V) regular APR.

Does discover secured card give credit increases?

So if you deposited less than $2,500 at the start, adding to you security deposit will result in a credit limit increase. Specifically, your limit will increase by the amount you add. To deposit additional funds, you’ll need to log in to your Discover account or call Discover customer service at 1-800-347-2683.

How do I find my interest rate on my Discover card?

To calculate your daily interest rate, divide the APR by 365 for the number of days in a year. How to find the interest rate on a Discover card: Check your statement: Look under the “Interest Charge Calculation” section. By phone: Call customer service at (800) 347-3085 any time.

What is the hardest credit card to get?

The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.

What credit card is easiest to get?

Recap: Best Instant Approval Credit Cards of 2019

CardOur Favorite FeatureAnnual Fee
Fingerhut Credit Account issued by WebBankEasy Application$0
OpenSky® Secured Visa® Credit CardNo credit check needed$35
Horizon Gold CardFast approval$24.95 auto-debited monthly
primor® Secured Visa® Gold CardHigh credit lines$49

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How long does it take to get a Discover card once approved?

New Discover credit cards are always sent via priority mail, meaning that it would take 3 to 5 days to get your hands on a new card. That’s free and it’s way better than what other issuers offer – up to 10 business days by default. Replacement cards are expedited and will arrive within 24 to 48 hours.