cancel
Showing results for 
Search instead for 
Did you mean: 

Discover's perplexing credit limit increase

Moderator Emeritus

Re: Discover's perplexing credit limit increase


oscar_actuary wrote:

they were just hoping to get some publicity on myficoforums.

 


Nice one!!!!!

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 11 of 18
Established Contributor

Re: Discover's perplexing credit limit increase

As youngandcreditworthy said, it does seem they offer CLIs in/at small/frequent intervals.  I had my card for 3 months when they raised it from $3000 to $3750, then at the 6 month mark I was denied an online CLI (SP only), but at the next statement they auto-CLI'd me another $750 to $4500.  I called them at the 10 month mark and asked for a CLI with a HP - they increased me at that time up to $10,000.  So, don't give up on the HP as an option if you really want the increase. 


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Message 12 of 18
Valued Contributor

Re: Discover's perplexing credit limit increase


oscar_actuary wrote:

they were just hoping to get some publicity on myficoforums.

 


It worked! Smiley LOL

Message 13 of 18
Established Contributor

Re: Discover's perplexing credit limit increase

the real question is why have you not PC'd that More to an IT? 

Message 14 of 18
Moderator Emerita

Re: Discover's perplexing credit limit increase

Message 15 of 18
Established Contributor

Re: Discover's perplexing credit limit increase

I got denied for a soft increase, no letter giving the reason. It sounds like you got a $250 auto-CLI even though the customer initiated one was rejected. That's what I'm hoping for, Discover is really a big joke though. 10% of the limits of Amex...

American Express Blue Cash Everyday - $11,000; American Express Platinum Cashback Everyday - £3,000; American Express Rewards Credit Card - £7,500; Aqua Reward Mastercard - £3,500; Bank of America Travel Rewards - $5,000; Barclaycard Freedom Rewards - £3,500; Citi Forward - $5,800; Discover It - $10,000; Halifax Clarity - £1,500; HSBC Platinum with Rewards - $5,000, MBNA Everyday Plus - £3,500
Message 16 of 18
Super Contributor

Re: Discover's perplexing credit limit increase

There is no real logic to Discover's CLI. From he longest time, I read they were stingy and I was stuck at $6500 until they gave me a good CL with a SP. Just like any other lenders who have no method to their madness.

 

Some people rave about CITI and Penfed, I cant even get a card from either of them for the life of me.




Message 17 of 18
Blogger

Re: Discover's perplexing credit limit increase


bahbahd wrote:

the real question is why have you not PC'd that More to an IT? 


 


09Lexie wrote:
Haha...I was thinking the same!

Why would I lose the awesome selection of card designs? Smiley Wink

Message 18 of 18