Discover is a major credit card brand issued mainly in the United States. It was launched by Sears in 1985 with the first American Express credit card. When launched, Discover didn't charge a yearly fee and provided a higher-than-usual credit line, disruptive to the credit card market. The credit line offered by Discover included various rewards, such as airline miles, cash back, gift certificates, and so on. In addition, Discover operated subsidiary credit cards such as Green Card, Gold Card, Rewards Plus, Silver Card, and Super Wise Credit Cards.
The rewards cards provided by Discover are the key to the company's growth. It has been able to attract millions of customers to its card program, and the number of banks offering this kind of card is rising as well. The biggest advantage of the company is that it offers a unique method to redeem rewards points. The actual method for redemption of points depends on the individual card user, but there are three standard ways to redeem rewards. The least common is to make a purchase at a participating store, pay the bill online, and then pay the balance in full at the end of the month.
One of the major advantages of the Discover credit cards is that they help one to maintain a good credit score. Each year, the credit score of every person is evaluated. If you have a low credit score, you may still be qualified for a card if you show a good history of credit payments. Generally, the higher your credit score, the more chances of getting a Discover credit card. If you are interested in getting a card with Discover, here are some tips to help you apply for a Discover credit card:
Make sure to maintain a good payment history. This is important if you are applying for any card, as a poor payment history may disqualify you from getting a Discover credit card. For people who are checking their credit score, they will see that a low score needs to be improved in order to get a card. To know what your required minimum credit score is, go to the annual credit score report. In fact, this might even be one of the most important things to improve because once this figure is reached, you can only apply for Discover cards. When checking your score, make sure to pay your bills on time.
Be aware of the interest rates. The lower your credit score, the higher interest rate you will pay. This can translate to a lot of money if you do not pay off your bills on time. It is important to look for a Discover credit cards with low interest rates.
Finally, check for added fees. Credit cards generally come with fees, and the more fees a card has, the higher your required minimum credit score needed to apply. Also, beware of hidden fees, such as annual fees. Many cards charge these types of fees, which can increase your required minimum credit score needed to get a new card. To find out what your required minimum credit score is, go online or to a library that has a list of annual credit scores.
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Discover card application status checks are quick, easy and free! The application status is updated every fifteen minutes for up to the minute status updates on your applications. If you have applied online, you will receive an e-mailed status update even if you apply by telephone or mail. Just click on the Apply Now ...