It couldn't be easier to learn about issues with specific credit cards, apply for a Discover credit card, and keep track of the status of your application. One of our most popular products, the Discover it® Cash Back card stands out from the crowd because to its year-end rewards and a host of user-friendly features.
The payback percentage on the quarterly rotating portfolios is one of the most lucrative in the rewards program, and you may cash out your earnings whenever you want in any amount with this card.
Only a small number of those who had applied for the card were still unsure about their application's status.The online process is short, and you may immediately see if your application has been accepted, refused, or is pending.
The process must be completed by a human analyst in the latter scenario, that may take longer inevitably. If you're awaiting a decision, there are several methods you can check your status.
Making use of your ZIP and SSN code to check on online
Online approval status checking is simple with Explore. Simply visit the Verify Status page and enter your ZIP Social and code Reliability number. You can check as much as you prefer and updates arrive in simply a few seconds.
Why Your Application Might Be Denied
Pending status typically means that some of your data needs to be verified again. Typically, this can happen as a result of different addresses, typos, or sometimes certain conversions. By verifying your details, credit card companies are assisting you in preventing identity theft.
Discover is unable to provide you a credit card if your identification cannot be verified.Regrettably, 1% of Discover candidates will be turned down. The main offender can be identified as your credit history and credit score.
Every major credit card issuer has minimum requirements for acceptance that you can meet, whether you have a poor credit score, certain negative marks against you (foreclosure, bankruptcy, etc.), default, or a short credit history.
Check your credit reports and ratings from the Big Three credit agencies, Equifax, TransUnion, and Experian, before you apply for credit. In order to explain negative facts, make any necessary corrections and additions to the remarks.Your credit score can be raised in a variety of ways.
One is that it doesn't apply to numerous creditors in a short period of time; although the effect is typically minimal, stacking up creditor claims lowers your credit score.
By lowering the average age of your accounts, simply opening too many new ones in a succession will hurt your score. Check your credit utilization ratio as well to see how much of your available credit you are actually using.
In general, ratios between 10% and 20% and values under 30% are beneficial. You'll be considerably more likely to be approved for a new credit card if you're paying off your current balance for the first time.
Whatever the reason, you won't necessarily be prevented from getting a credit card from another issuer if Discover declines your application. Every card has its own requirements, and some are more understanding than others.
Before drawing on your credit and lowering your score, the majority of lenders let you qualify. There is the ideal credit card for you, regardless of how good, awful, or nonexistent your credit is.
Discover cardholders have rated their relationship with the issuer 4.8 out of 5 based on more than 25,000 evaluations, which is understandable given the free FICO Score tracking, anti-fraud, excellent customer service, and top rewards offered by the company.
Here are seven Discover cards that our experts think you should apply for, with options for all credit types.
An excellent credit card (FICO score of 700+)The range of FICO scores is 300 to 850. Any credit card available on the market is yours to choose if your score is excellent (that is, above 750).
In addition, if your credit score is good, between 700 and 750, you have many options. For those with solid credit, Discover offers four excellent alternatives, including cashback, miles, and duration. You should transfer the remaining balance.
