Can you have more than one Discover card?

All about Discover & Diners Club – talk about their credit card deals such as the More, Miles, Escape, and others.
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rossmo
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Can you have more than one Discover card?

Postby rossmo » Tue Jan 15, 2013 8:29 pm

Is it possible to have two Discover Cards?

3 months ago I got the Discover IT card with $1000 limit- Discover only does first increase after 6 months. If I were to apply for another Discover card:
a) would I be approved after having opened another account so recently
b) could I combine the credit limit and close 1 card? (I wouldn't want to do this right away- but can it be done?)

I see a lot of other banks let customers combine credit limits and close 1 account (ie; Chase, Citi). Can this be done with Discover?
Credit Union Visa: $5000 (4/11)
Discover IT $1750 (10/12)
Chase Freedom $1500 (3/13)
BofA Credit Card: $18.7k (1/02) (Authorized User)
Secured CapOne Visa: $300 (5/12)
Banana Republic Store: $1200 (5/11)
Express Next A-List: $1340 (6/11)

FICOS (as of 3/15/12):
EQ 762
EX 731
TU 747


Gamma
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Postby Gamma » Tue Jan 15, 2013 11:44 pm

a) You would need to wait at least one year after you opened an account with them to qualify opening another account.
b) Not sure.

MemberSince99
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Postby MemberSince99 » Wed Jan 16, 2013 7:57 am

Gamma wrote:a) You would need to wait at least one year after you opened an account with them to qualify opening another account.
b) Not sure.


a. Untrue. I got a More card in April of last year, and in June applied for and got the Miles travel card with them, 2 months later.

Discover allows you to have up to 2 of their products; i.e. a More and a Miles as I had. Be aware that last I knew, you need seperate online accounts for each one of them, they are not linked together where you can use one login to access both of them.

I would be dubious of them allowing you to close one account and move the limit over to another one, like say Chase does, but you can try - worst they can say is no.


CC Deville
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Postby CC Deville » Wed Jan 16, 2013 5:11 pm

Like MemberSince99 said; you are allowed two Discover Card's issued by Discover Bank directly. I had two Discover's between 1999 and 2004. I don't see any reason to have two as they are not accepted everywhere and it would be harder to earn cash back on two of the same card.

DavidNY
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Postby DavidNY » Wed Jan 16, 2013 5:15 pm

Discover is only competitive with their bonus offerings.

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Calipso
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Postby Calipso » Wed Jan 16, 2013 6:10 pm

CC Deville wrote:Like MemberSince99 said; you are allowed two Discover Card's issued by Discover Bank directly. I had two Discover's between 1999 and 2004. I don't see any reason to have two as they are not accepted everywhere and it would be harder to earn cash back on two of the same card.


My mother has three seperate Discover cards. Why she has 3, I have no clue. All 3 are her accounts, she is not an AU on any of em.

I was helping her with the debt snowball tactic for paying down debt and went through her bills.

I also buck the trend by having six chase cards (Where as I always hear people say 3-4 are max).

Chase: Slate, Southwest, Air-Tran, Amazon, Freedom, Sapphire Preferred.

Like most things in life, YMMV.
My Limits:
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000

Current total limit: $129,500

MemberSince99
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Postby MemberSince99 » Wed Jan 16, 2013 8:04 pm

How did she get 3? Everything I've seen and heard says you only get 2 - was she a member before they made that rule? Or is one of hers issued by someone just using the Discover network and not Discover?


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nomnomnom
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Postby nomnomnom » Thu Jan 17, 2013 2:23 pm

MemberSince99 wrote:How did she get 3? Everything I've seen and heard says you only get 2 - was she a member before they made that rule? Or is one of hers issued by someone just using the Discover network and not Discover?


I'd guess the member before rule, I know that Discover didn't used to have a 2-card limit.

On that note, I am curious if you apply for two Discover products within the same, say, 30-day window -- does it only count as one hard inquiry?
[CENTER][font=Arial][size=60]Equifax: 753, Transunion: 742, Experian: 740
Discover It 10,000
USAA Total Rewards Visa 16,000
AmEx HH 16,300 | AmEx BCP 2,000
Chase Freedom Visa 10,000 | Chase Slate Visa 1,500
PenFed Platinum Visa 10,000 | PenFed Line of Credit 3,500
CapOne Platinum Mastercard 5,000 | CapOne Best Buy 4,500 | CapOne Orbitz Visa 1,000
OnPoint Platinum Visa 5,500 | Barclays NFL Visa 2,500 | US Bank Cash 1,500 | KeyBank PLOC 1,500
Amazon Store Card 400
Total Credit Line: $91,200 -- Last Updated: July 28th, 2013[/size][/font][/CENTER]

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Calipso
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Postby Calipso » Tue Jan 22, 2013 3:18 pm

MemberSince99 wrote:How did she get 3? Everything I've seen and heard says you only get 2 - was she a member before they made that rule? Or is one of hers issued by someone just using the Discover network and not Discover?


She's been using Discover since the 80's. All three cards looked identical and each had different numbers. Going through her bills confirmed it. I don't know why she has three different cards with them, since they all pretty much have the same perks.

They were Discover issued, not Discover network cards (IE: Walmart)
My Limits:
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000

Current total limit: $129,500



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