Chip Lupo, Credit Card Writer
@CLoop
Discover does not disclose how long after bankruptcy one can get approved for a Discover card. Discover will not approve you for a credit card if you have a pending bankruptcy case, as it states on its terms and conditions: "You represent that there are no current lawsuits or bankruptcy proceedings that might affect our interest in the Security Deposit Account or the Funds."
In general, the longer it’s been since your bankruptcy was discharged or dismissed, the better your chances of getting approved for any credit card will usually be. That’s true regardless of whether you filed under Chapter 7 or Chapter 13 of the U.S. bankruptcy code.
Popular Credit Cards from Discover, Our Partner
People also ask
What are the best unsecured credit cards to get after bankruptcy?
The best unsecured credit card to get after bankruptcy is the Credit One Bank® Platinum Visa® for Rebuilding Credit. Cardholders can earn 1% cash back on gas and grocery purchases, as well as 1% back on mobile phone, internet, cable and satellite TV services. The card’s annual fee is $75 intro 1st yr, $99 after.
Note that unsecured credit cards are generally more difficult to get approved for after a bankruptcy. But you could get one as soon as the bankruptcy is discharged. It’s important to keep in mind, however, that the unsecured credit cards that you can get after a bankruptcy come with annual fees and low credit...
read full answer by Maria Adams, Credit Cards ModeratorHow long after bankruptcy can I get a credit card?
You can get a credit card as soon as your bankruptcy is fully discharged. Once the bankruptcy is finalized, you can start exploring options such as secured credit cards in order to begin rebuilding your credit. Though some secured cards won’t approve people with recent bankruptcy, many will, such as the Capital One Platinum Secured Credit Card (see details, rates & fees) and the opensky® Plus Secured Visa® Credit Card.
If you filed for Chapter 7 bankruptcy, you should be able to get a secured card or an unsecured credit card for bad...
read full answer by WalletHub, Financial CompanyDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.