Does everyone get approved for Discover student card?
Is it easy to get approved for a Discover student card
While the Discover it Student Cash Back and Discover it Student chrome cards are fairly easy for students to get, approval is not guaranteed. Discover will look at a number of other factors, such as recent credit inquiries, number of Discover accounts open, and credit history.
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What credit score is needed for a student Discover card
No credit score is required to apply for a Discover it® Student credit card. The Discover it® Student credit card can help you build credit with responsible use.
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Why am I not approved for Discover student card
Common reasons applicants are denied credit cards include low credit scores, no credit history, inadequate ratio of income vs. expenses, and not meeting minimum age requirements.
What is the minimum income for Discover student card
Editorial and user-generated content is not provided, reviewed or endorsed by any company. The Discover it Secured Credit Card's income requirement is a minimum of $10,000 annually unless you're a college student. For students, there's usually no proof of income required in order to be approved for the card.
Can I get a student Discover card with bad credit
For instance, there's no credit score required to apply for Discover student credit cards. What makes a student card more accessible is the often higher interest rates and typically lower credit limits (the total amount of money you can charge on your credit card) than traditional credit cards.
Does Discover verify student status
In terms of credit requirements, this card is aimed at applicants with limited credit. If Discover requires proof of student status, they will accept any document that verifies your name, your school name, and your enrollment dates.
Which Discover card is easiest to get
If you have a low credit score or limited credit history, a secured card (like the Discover Secured Credit Card) may be a good option for you. The minimum credit score needed for a secured card is lower than the minimum score you need to qualify for an unsecured credit card.
Will Discover approve me with no income
If you don't have a job, you may wonder whether you will be able to qualify for a credit card. The answer is yes, as long as you have the required income or assets.
How to get a Discover student card with no income
Students may qualify for a student credit card with income that doesn't come from a job, such as allowances or certain grants and scholarships. Some student borrowers can use the income of a spouse or partner to qualify for a credit card.
Do student credit cards require a credit score
Generally, student credit cards are for students
Because of this, the underwriting on student cards tends to be more lax, meaning in some cases you may be able to qualify with no credit. However, the card's issuer will still typically require you to be enrolled in school.
How long does Discover student card approval take
In most cases, after submitting a Discover it Student Cash Back application, there will be a decision within 60 seconds. If a further review of your application is needed, it can take up to 30 days to receive a decision, but you will normally have the decision within 5 to 7 days.
What is the minimum credit score for a Discover it card
The Discover it Secured Credit Card is a no-annual fee secured credit card for people looking to either improve their credit or build their credit history. Therefore, there is no minimum credit score required to qualify for the card.
What is the minimum credit limit for Discover
Editorial and user-generated content is not provided, reviewed or endorsed by any company. Discover credit card limits will always be at least $500, and there's no disclosed maximum. How much you get is determined by your creditworthiness. The only exception is if you have Discover it® Secured Credit Card.
Is Discover hard to qualify for
For this card, you generally need a good to excellent credit score to qualify. According to FICO, a 'good' credit score is a score between 670 and 739. FICO credit scores range from 300 to 850, with higher scores indicating greater creditworthiness.
How do you qualify for a Discover student card
To qualify for a Discover student credit card, you must be at least 18 years old, enrolled in a two- or four-year college, a U.S. citizen and have a Social Security number. You will also need to have verifiable independent income, like a part-time job, and you may have to show proof of income.
Who qualifies for a Discover student card
To qualify for a Discover student credit card, you must be at least 18 years old, enrolled in a two- or four-year college, a U.S. citizen and have a Social Security number. You will also need to have verifiable independent income, like a part-time job, and you may have to show proof of income.
Can you be denied a student credit card
Student credit cards can be easier to get than other cards, but approval isn't guaranteed. Card issuers review the information on your application and check your credit history and income. You can be denied for a wide range of reasons, including poor credit or a lack of income.
Is Discover hard to get approved for
For this card, you generally need a good to excellent credit score to qualify. According to FICO, a 'good' credit score is a score between 670 and 739.
Can you get a Discover card with a 650 credit score
A 700+ credit score is needed to get most Discover credit cards, but there's no minimum credit score needed for a few Discover cards. You can get the Discover it® Secured Credit Card with a bad credit score (below 640).
How much does Discover it start you off with
The highest credit card limit we've come across for the Discover it® Cash Back is $56,500. That's much higher than the minimum starting credit limit of $500. The card has a 0% intro APR on new purchases and balance transfers. Once the introductory period ends, the regular interest rates apply.