What credit score do I need to get the Discover it® Secured? Since this card is designed to help build or rebuild credit, you can get approved even if you have a poor credit score. You must be at least 18 years old, have a Social Security number, a U.S. address and a U.S. bank account, and provide the security deposit.
What credit score do you need for a Discover it secured card?
around 660 or
Secured cards require a security deposit when you’re approved for the account. They’re meant for people with limited or bad credit, meaning a FICO Credit Score of around 660 or below. You’ll need to make a deposit to get this card, but there is no annual fee after that.
How long does it take to get approved for a Discover secured card?
The Discover it Secured approval time the same as for any card. If your file is all clear as rain, it’ll be instantly. If they need to check more details, it’ll take a couple of days while they verify your information. If you don’t get a response right away, they’ve got an application status checker on their website.
Is Discover Card hard to get?
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 680-703.
Does everyone get approved for secured credit cards?
Because there’s less risk for the issuer, secured cards are able to offer nearly guaranteed approval, even to people with damaged credit. But that doesn’t mean everyone is accepted, and some secured cards are easier to get than others.
Why is Discover card so hard to get?
Recent credit inquiries: A high number of credit applications also makes you a riskier applicant. You could have trouble getting a Discover credit card if you’ve applied for multiple credit cards or loans recently, even if you weren’t approved for some of them.
Why did I get denied for a student Discover Card?
So, one reason you might be denied a student credit card is being under 21 and not having enough income of your own that you could use to pay off any purchases you charge.
