- Centurion Member
- Posts: 1182
- Joined: Sun Jan 26, 2014 3:55 am
- Location: US
You do mean 1 year of credit history and not just credit card history (no student loans, car loans, or anything else reporting)?
A score in the mid-700s means more on someone with a longer history. In your case it basically just means you don't have late payments or any other bad marks - which is great - but at 1 year of history you still come with uncertainty (which translates to risk for banks). If you're convinced this will be a good card for you, I would apply. Worst-case scenario is you get denied and have a wait a few months to build up more history.
Before you apply, though, do make sure the card will be a good fit for you. Just because you fly JetBlue regularly doesn't necessarily mean its cobranded card would provide more value to you than a simple cash back card (of course it could be better, I'm just saying to know what benefits you should expect from it).
Also, call Discover and request a CLI only if you can get it on a soft pull. At a year in you can probably bump up that credit limit a little. Finally, before you apply make sure your Discover is reporting at less than 10%. These won't guarantee anything by any means, but when you're on the line every little bit helps. Good luck!
EX - 805 (2/17) | TU - 787 (2/17)
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now