Yes, the Discover it chrome does a hard pull on your credit when you apply for it. This might have a short-term negative effect on your credit score. You can, however, check if you qualify for a pre-approved offer on Discover's site, with only a soft pull on your credit.
The Discover it® Cash Back credit score requirement is 700+. That means applicants need at least good credit to get the card. This credit score requirement is in line with most other cards that Discover offers, as well as comparable cash back credit cards from other issuers. The higher an applicant’s credit score is above 700, the more likely they are to be approved for the Discover it Cash Back credit card. But your credit score is far from the only factor Discover will consider during the approval process.… read full answer
In addition to a 700+ credit score, applicants for Discover it Cash Back will also need to have a steady income. Discover will also consider the applicant’s recent credit inquiries, the number of credit lines or loans they have open, their monthly housing payment and more. Plus, you won’t be approved if you already have two open Discover cards. That’s the maximum.
It may be possible to get a Discover it Cash Back card with a credit score below 700 if other factors, such as your income, balance out your profile, according to anecdotal reports. If you want to get a better idea of your odds of approval for a Discover it Cash Back card, you can use Discover’s online pre-approval tool. Fill in some personal information like your name, address, income and SSN, and you’ll be shown a list of any Discover cards you have a high chance of qualifying for, along with links to apply. Pre-approval won’t hurt your credit score, but actually applying will cause a small drop.
Your Discover it approval odds are good if you have a 700+ credit score; this means that you need at least good credit to qualify for most Discover it credit cards. There are, though, some Discover it credit cards that are easier to get.
For example, while it’s easy to say that the Discover it® Secured Credit Card offers good approval odds, the fact that most other Discover it cards require at least good credit for approval complicates things. Discover it approval odds aren’t the same for every applicant, either. Someone with perfect credit clearly will have a better chance at getting any Discover it card than someone with limited or bad credit, for instance.… read full answer
Generally, besides a certain minimum credit score, issuers require applicants to have enough income or assets to pay the bill, in light of the existing debt obligations. But each credit card company analyzes the data a bit differently.
Here are the credit scores required for good Discover it approval odds:
In general, the lower a credit card’s minimum credit score is, the higher your approval odds will be. So, the Discover it Secured Credit Card has the best approval odds in the Discover it family. If you don’t know your credit score, you can check it for free on WalletHub. WalletHub is the only website where credit scores and reports update daily.
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