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Regular Contributor
youngman1234
Posts: 228
Registered: ‎02-27-2012

Discover CLI when to ask ??

Hello All,

I got my discover more back in Nov 2011 at the time I got approved for $1000. At the 6 month mark I got a CLI to $1250. At 9 months I called in and they raised it to $6750. This month they increased it again themselves to an even $7000. So after how long can you call in and ask for another CLI, I mean so at 9 months I asked when I ask for another increase. Can I ask after the Oct statement cuts ?? That would be a full 12 months ??....
BOA Cash Sig-20k, BOA Cash Rewards Plat- 16k, BOA Amex-7.5k, Discover-15k, Penfed Promise- 9k, Chase Slate-3k, Alliant-2.5k, Barclays- 2k, Wells- 1.5k, Pnc-1.5k, Affinity-1k, Capital one- 750, Amex gold- 3k hard limit

Business - Chase Bold- 45k & Chase ink cash- 12k
Mega Contributor
LS2982
Posts: 14,509
Registered: ‎04-09-2011

Re: Discover CLI when to ask ??

Those are some nice increases! Congrats!!

I would just call in and ask, they are very easy to work with at Discover.



Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Established Contributor
maiden_girl
Posts: 1,158
Registered: ‎12-29-2011

Re: Discover CLI when to ask ??

I would just wait until next year to request a CLI. You have a nice limit right now.

The truth is out there...

FICO scores: 677 (EQ) 664 (EX) 681 (TU) | Goal scores: 750+ (all 3)
Open loans: Hyundai Motor Finance - $12k balance | 60 months @ 4.9% (First Time Buyer 12/2012)
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Established Contributor
snowkitty
Posts: 636
Registered: ‎09-10-2012

Re: Discover CLI when to ask ??

wow....those are some really nice increases! I just got approved for the discover more card last week for 1500.00 and was wondering how they are with cli's when the time comes. Did they automatically increase you the the first time? I have a feeling the dicover card will be my favorite of all.......it's my only reward card!

 

TU Fico 714 | Sesame 738 | Credit Karma 734 | Wal-Mart FICO 708 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 5.5k | Citi Diamond Preferred 6k | Bofa Visa 500 | Discover More 1.5k | Wal-Mart 2.5k | Amazon 2.5k | Old Navy 1050 | Shell 600 | BP 400 | VS 500 | Sam's Discover 3.5k | FNBO Amex 6k | Chase Freedom 1k | Brylane Homes 600 | BML 821

*You can find me in the garden.....app free since 3/21/13*
Regular Contributor
youngman1234
Posts: 228
Registered: ‎02-27-2012

Re: Discover CLI when to ask ??

They increased it to $1250 themselves....and then they did it again themselves from 6750 to 7000....
BOA Cash Sig-20k, BOA Cash Rewards Plat- 16k, BOA Amex-7.5k, Discover-15k, Penfed Promise- 9k, Chase Slate-3k, Alliant-2.5k, Barclays- 2k, Wells- 1.5k, Pnc-1.5k, Affinity-1k, Capital one- 750, Amex gold- 3k hard limit

Business - Chase Bold- 45k & Chase ink cash- 12k
Established Contributor
andre181
Posts: 584
Registered: ‎07-29-2010

Re: Discover CLI when to ask ??

It used to be every 6 months, but I was told by a Discover credit analyst that that rule is now gone and there is no waiting period between CLI's anymore.

FNBO Visa $19K | Discover IT $15.3K | Citi Forward $10.5K | US Bank Cash+ Visa Sig $10K | Amazon/Chase Visa Sig $8.3k | Priceline/Barclays $6K | BoA Cash Rewards 1-2-3 Sig $5.5K | Sallie Mae World MC/Barclays $5K | Capital One Cash Rewards $5K | WF Cash Back Visa $3.6K | Citi ThankYou Preferred $3.5K | Amazon/GEMB $2.5K | AMEX BCE $2K | Younkers/WFNNB $2K | Commerce Bank $2K | Target $1K | AMEX Green
EX FICO (from AMEX): 754, TU04 FICO: 749, AAoA: 3.2 years
Valued Contributor
nicholasyud
Posts: 1,603
Registered: ‎08-13-2012

Re: Discover CLI when to ask ??


youngman1234 wrote:
They increased it to $1250 themselves....and then they did it again themselves from 6750 to 7000....

how did you used it ?? Did u used them heavy ??


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK
Goal Score: 800


Walmart: 10k | Usaa: 4k | BCE: 3k | Amex Green: NSPL | Cap: 2k | Disco: 1.7k | ORchar: 0.4k

Established Contributor
migliogiorni
Posts: 589
Registered: ‎06-27-2012

Re: Discover CLI when to ask ??

Those are nice cli's I wouldn't ask for more from them right now.  They are very conservative with C.L's so nice job

 .

Dallas Cowboys Fan :smileyvery-happy:
CSP: 5k
Wally: 5k
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DFS: 2k
Discover: 1.25 k
Regular Contributor
youngman1234
Posts: 228
Registered: ‎02-27-2012

Re: Discover CLI when to ask ??

I have charged almost 25-26k through the card so far this year and PIF, before the statements cut. I use it for everything, I read that with discover if you use heavy and pay on time they don't mind giving you increases. I hoping to get it to 15k by dec. That would be great.
BOA Cash Sig-20k, BOA Cash Rewards Plat- 16k, BOA Amex-7.5k, Discover-15k, Penfed Promise- 9k, Chase Slate-3k, Alliant-2.5k, Barclays- 2k, Wells- 1.5k, Pnc-1.5k, Affinity-1k, Capital one- 750, Amex gold- 3k hard limit

Business - Chase Bold- 45k & Chase ink cash- 12k
Mega Contributor
LS2982
Posts: 14,509
Registered: ‎04-09-2011

Re: Discover CLI when to ask ??

I'm hoping they get me in the 5k range in a year or so, I use it frequently.



Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 689 / EQ FICO 659 / TU08 FICO 702 / TU98 FICO 672 / TU VS 709 5/23/2013

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