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Discover it® Card: Credit Limit, Benefits & Pre-Qualify …
01/11/2019 · 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.
Discover it Cash Back Credit Limit: Starting Limit & More
10/02/2020 · Discover does not disclose a maximum credit limit, but there are reports of some cardholders receiving credit limits between $10,000 and $20,000. As with all credit cards, an applicant will need to exceed the Discover it Cash Back card’s approval requirements in order to get a credit limit above the minimum.
FAQ discover it card average credit limit
What is the credit limit for a discover it card?
The minimum credit limit a Discover it® cardholder will receive is $300, and no cardholders reported a Discover it® credit limit above $20,000 (though we’ve personally heard otherwise, with one cardholder reporting a credit limit of $25,500). The typical new Discover it® cardholder received a credit limit around $3,000.
What is a credit card limit?
Your credit card limit is the maximum amount of money you can charge to your credit card. Once you learn how credit limits are determined, you can increase your chances of qualifying for a high credit card limit.
How many people have a Discover Card?
Today, Discover is one of the world’s largest credit card issuers, and over 38 million people carry Discover cards worldwide. The issuer’s popular Discover it® line of credit cards has an option for just about any occasion, providing accessible credit to a wide range of consumers.
What are the benefits of a Discover credit card?
No matter which Discover credit card you choose, you can expect a few general benefits. This includes the cash back and balance transfer cards, as well as the secured card option designed for credit-building consumers and the student cards for first-time cardholders.
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