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Wow, Cap 1 gave CL increase, Discover Crap

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GPMDRL
New Contributor

Wow, Cap 1 gave CL increase, Discover Crap

So I had a Cap 1 card with a $500 limit for 2 years and my credit greatly got better in those 2 years.  No negatives on report, score around 760.  6 months ago I got a Discover card with a $1500 limit.  I'm trying to get my limits up since I want to apply for a mortgage soon.  I did the whole Cap 1 executive office thing and explained I will by buying a home soon and would like a credit increase for things that go along with it but can not have a hard pull due to the mortgage application soon.  Cap 1 was FANTASTIC.  no hard pull and in 3 days my limit was upped to $3500.  I was told by Discover that after 6 months of having their card, I can ask for increase.  I did and they told me a hard pull only for any CL increase request.  I said no.  I've never been late, use the card frequently and always pay, my current balance was $15.  I emailed the customer relations explaining and they said the same, hard pull only.  I dropped it and was very mad, especially after how Cap 1 came thru.  Well I got an email today, a week later, congrats on your credit increase....a whopping $200 increase.  Really?  I have a perfect credit report, a 760 score, never late with a payment etc and they move me from $1500 to 1700?  Very unhappy with them!

Message 1 of 5
4 REPLIES 4
MovingForward_2012
Valued Contributor

Re: Wow, Cap 1 gave CL increase, Discover Crap

Inquiries don't matter as much with mortgages as they do with credit cards.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Message 2 of 5
BCGCredit
New Contributor

Re: Wow, Cap 1 gave CL increase, Discover Crap

Congrats on the Cap! Sorry to hear on the Discover...but still better than nothing.

Overstock 8.9K|VS 1.3K|Express 1K|Credit One 1.3K| Cap1 QS1 750|1st Premier 950|Cap1 Playstation 750|Target 800|PayPal 2% MC 700|Discover 6K|Nordstrom 4.8K|PayPal Credit 2K|AMEX DG 1K|


Message 3 of 5
MovingForward_2012
Valued Contributor

Re: Wow, Cap 1 gave CL increase, Discover Crap

High credit limit versus low credit limit doesn't matter much for mortgages either. With mortgages, they want to see 3-4 active trade lines reporting in good standing for at least 12 months.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Message 4 of 5
09Lexie
Moderator Emerita

Re: Wow, Cap 1 gave CL increase, Discover Crap

Message 5 of 5
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