Today I received an "invitation" to apply for the Discover it card via snail mail. I was wondering if anyone else received this and does this mean that I have a better chance of being approved?
What credit score would you recommend for Discover it? I am in the process of rebuilding my credit but it is improving and thought that maybe this is a sign that I now qualify for some decent cards? I am hoping this wasn't just a mass mailing to everyone and their mom....
It means that you are probably pre-qualified but it does not mean that you are pre-approved. These mailings are sent out to everyone in a fairly wide range that may qualify for a particular offer based on data that the card company has purchased.
I got approved around last week and this is my first credit card ( No home loan or student loans and such) thus I have no credit history. I Also got declined by chase Freedom and I did a recon and during it ( Failed) they said if you pre-qualify for it all they look at is do you have a way to pay back the bill basically instead of your credit history.