What is the minimum required credit score for the Discover it secured card?

around 660 or
Discover it® Secured 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 it hard to get approved for Discover Card?

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.

Do secured cards do a hard pull?

Yes, applying for a secured card does count as a hard inquiry most of the time.

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.

Does Bank of America secured card do a hard pull?

Yes, the Bank of America Cash Rewards Secured card will do a hard pull. You can prequalify for the Bank of America Cash Rewards Secured card on Bank of America’s pre-qualification page, which will not affect your credit score as it will be a soft pull.

How to get a discover it secured credit card?

Start by applying for the card and providing a security deposit. In the case of the Discover it ® Secured Credit card, your credit line will be created up to the amount we can approve (and getting the card isn’t guaranteed—your application can be turned down). In other words, if your security deposit is $500, your credit limit is also $500.

How long does it take to get a Discover credit card review?

With some secured cards, you must specifically apply for an unsecured card review, and so don’t benefit from an automatic review process to aid in transition from your secured card. With this card, after eight months as a cardholder, Discover automatically reviews your account to see if you’re eligible for an unsecured card.

When do I get my security deposit back from discover?

With Discover, after 8 months with your secured credit card, your account will be reviewed monthly to see if you can get your security deposit back and graduate to an unsecured account. [1] Nothing else changes with your Discover card, so your rewards transfer over, too.

Is there a foreign transaction fee on Discover Card?

You will need to call Discover It Credit Card Customer Care service to know about foreign transaction fee situation of the card. All interest rates are high. Cash advance fee of the card is high. Discover Secured Card is one of the rare secured credit cards which is providing cashback and bonuses to their consumers.