What is the average credit limit for Discover card?

around $3,000
In general, the average Discover it® cardholder received an initial limit of around $3,000, with higher limits going to those with exceptional credit and/or particularly high incomes.

Is Discover a real credit card?

You can apply for Discover credit cards at Discover.com or by calling 1-800-DISCOVER (1-800-347-2683). Select from cash back credit cards or travel credit cards. We also have Discover student cards and a Discover business card. All our credit cards earn Discover rewards on every purchase.

How many credit cards will Discover give you?

2 Discover credit cards
How many Discover cards can you have? You can only have 2 Discover credit cards at the same time. To get your 2nd Discover card, you must have had the 1st card open for at least 1 year. Your 2 Discover cards can be different or the same, but only of them can be a student card.

Why is Discover card not accepted?

Why isn’t Discover as widely accepted as Visa or Mastercard? There’s about one-seventh the number of Discover cards as Visa cards, so merchants may not have as much of an incentive to accept them. Discover sometimes charges merchants more for card acceptance than either Visa or Mastercard.

What FICO score do you need for a Discover Card?

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 (300+).

What do you get with a Discover credit card?

Credit Cards by Discover. Choose from a variety of credit cards that offer different ways to earn the rewards you want. You can earn cash back rewards on a range of purchases, build a credit history with the help of our secured credit card, or earn unlimited 1.5x miles with our travel credit card. With Discover, there’s a choice for everyone.

How does the discover it cash back work?

Discover it® Cash Back is a credit card that gives you cash back rewards on every purchase, allowing you to rack up bonuses, save money with exclusive discounts for a variety of retailers, and boost the value of gift cards. Your Cashback Bonus ® never expires, and you can redeem it in any amount, at any time. 1.

How long does it take to get security deposit back from discover?

1. If you pay your balance in full and close your credit card account, we’ll refund your security deposit, which can take up to two billing cycles plus ten days. 2. We’ll also automatically review your credit card account monthly, starting at eight months, to see if we can return your security deposit while you continue to enjoy your card benefits.

What to do if your Discover Card is declined?

The error usually comes with the Discover card, so the customer should use a separate card. If a Discover card wasn’t used, ask the cardholder to contact their bank. 34: Suspected Fraud, Retain Card: The transaction is declined by the issuing bank as there is suspected fraud on this credit card number.

Is the discover it credit card with no annual fee?

The Discover it ® Cash Back credit card with no annual fee is the way to earn and use rewards. You can activate each quarter 5% cash back in bonus categories on up to $1500 in purchases each quarter—that’s up to $75 in cash rewards—and automatically earn unlimited 1% cash back rewards on every other card purchase all year long.

How does the discover it cash back card work?

1 Maximize Your Earning Potential With a Discover it Cash Back card, you can earn 5 percent cash back at different… 2 Redeem Cashback Rewards in Any Amount, Any Time Now that you’ve earned all that cash back, what can you do with it? 3 Make Your Purchases Work for You More

What’s the APR for a Discover credit card?

Discover will automatically match all the cash back you’ve earned at the end of your first year! 1 There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match. 0% Intro APR † for 12 months on purchases. Then 12.99% to 20.99% Standard Variable Purchase APR will apply.

What are the rewards of a Discover Card?

Then 11.99% to 22.99% Standard Variable Purchase APR and up to 5% fee for future balance transfers will apply. On everyday purchases at different places each quarter, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases — automatically.