by Lyle Daly | Jan. 12, 2021
Excellent credit raises your chances of getting a Discover card, but there are other potential problems that could get in your way.
If you want to get a Discover credit card and you have an 800 credit score, you might think the application is a slam dunk. Even the best Discover credit cards are aimed at consumers with scores of 670 or above. A score of 800 is far beyond what you need.
That doesn't mean you're sure to get approved, though. There are several reasons Discover might deny your application despite a high credit score. Here's why this can happen and how to avoid it.
Discover has a few credit card application rules that affect whether it will approve you for a card:
No matter your credit score, you can't get around these application rules. If you opened a Discover card three months ago, you need to wait another nine months before applying for a new one. And if you have two Discover cards, you can't get a new one. You need to cancel one to open another.
Like all credit card companies, Discover looks at more than your credit score when you apply for a card. It could deny your application based on other factors. Here are some common examples:
If your Discover credit card application is denied, you'll get a letter in the mail with the reasons for the denial.
In some cases, you can get Discover to reconsider a denial. Whether this is an option depends on why you weren't approved.
If it's because of one of Discover's application rules, you're out of luck. Discover is strict about those, so you can't get around them.
For denials due to any other reason, it may be possible to get Discover to change its decision. Here's what to do:
Since you have a great credit history, it can help to point that out during the conversation. Let's say the representative mentions that you already have quite a bit of credit compared to your income. You could mention that while that's true, you've also consistently paid on time and kept your credit utilization low, so you're clearly able to manage credit well.
With a high credit score, you'll have a high chance of approval for a Discover credit card. But that won't matter if you run afoul of Discover's application rules. If you don't and you're still not approved, then it's a good idea to see if Discover will reconsider.
As long as you pay them off each month, credit cards are a no-brainer for savvy Americans. They protect against fraud far better than debit cards, help raise your credit score, and can put hundreds (or thousands!) of dollars in rewards back in your pocket each year.
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