- Centurion Member
- Posts: 3933
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
First of all, keep in mind that this is all just based on anecdotal evidence. I don't know every detail of Discover's approval criteria.
I'd say you have good odds - maybe 50% or 60%. You might get a good CL and APR, too. since you look like someone who is going to be very profitable for them. They'll get revenue from processing fees when you make purchases. You might transfer in a balance from Barclaycard and pay Discover a fee for that. It also looks like you won't necessarily be paying the balance off before your 0% period expires, so that's interest income for them.
Discover seems to like people who will pay their debt off eventually, after a lot of fees and interest. That's a customer base that other prime issuers often like to avoid.
If you were to apply and get declined, you'd learn the reasons they declined you and have something specific to address. One inquiry isn't going to hurt you.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May