03-29-2013 05:05 AM
I concur with what someone else here said. Might as well ask for a nice round number like 10k.
03-29-2013 05:29 AM
So whats the news OP?? Did you go for it?
03-29-2013 07:00 AM
1 month from now is my 6 month point with Discover. I know they do auto CLIs but that they usually arent that big, and if you ask for a large one they'll generally say its a HP. I know they pull TU/EQ, which is great for me since I barely have any INQs on those: come April, it will be 1 w/i the past year on TU, and 2 w/i the past year on EQ.
There's a pretty good chance you may receive an auto CLI at the 6 month mark.
I received an auto CLI on my Discover after 6 months. It wasn't an earthshattering increase, but still about 30% increase.
03-30-2013 09:38 AM
Thanks for the input, everyone! Although I don't think I'd ask for 10k, I think they'd be pretty skittish about that since I've gone from 0 to 7 cards in the past year! For those of you who did get an increase after 6 months, how soon after your 6th statement cut did it happen?
03-30-2013 11:24 AM
Yearmark was today... no auto luv.
I am so disappointed with discover. I feel like SDing It.
I know it sucks, but you might have to sacrifice a hard if you want a CLI from Discover. If you SD it, you probably won't ever get an auto CLI from Discover. What was your usage like on your Discover card?
06-18-2013 07:46 PM
After lurking forever I decided to start sharing. I know this is a late response, but I got my Discover with an initial credit limit of 2,500 the end of 2011 and pretty much kept it maxed for most of 2012, this year I finally started being proactive with util % making multiple payments a month and got an unexpected auto CLI to 10,400 in April which was about 14 months after getting the card. I'm guessing had I been better with my ratios in 2012 I would've gotten an increase sooner.
06-18-2013 08:02 PM
If you are going to take the HP, go for 20k as that is the max without docs, that is what i was told last week.
Home improvement is a great reason why you need so much.
06-18-2013 08:04 PM
It seems to me they like reasonable balance carrying. I got all kinds of auto love from them when I carried a balance. I went from starting at $3k to $6100 while carrying a balance and paying intrest all within a year and a half. I dont do that any more and no more auto love. I did request an increase a few months back. I think I asked to go from $6100 to 10k. They came back with a SP increase of $500 or try for more with a HP. I took the SP increase. I wouldnt use too many hard pulls with discover when a good amout of usage can lead to auto increases. I save my hard pulls for cards like chase where an auto CLI is a rare thing.
06-19-2013 08:15 AM - edited 06-19-2013 08:15 AM
By jove! I think I've discovered the secret to getting a CLI from Discover: automatic monthly charges.
After 15 months with Discover and getting turned down for a $1k CLI at the 12mo mark, June was the first time I let my utilities, phone, and insurance hit my card using their autopay features. Just for kicks, I decided to probe the system again and got approved via phone for $1500!
Interestingly enough, Discover seems to know I've used the card to autopay my bills. When I click the little plus sign on my account page to see the charge details, there is a line that reads " Recurring Billing Indicator: Y ". Little else has changed. The total spend for this month should be in line with previous spending.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.