03-23-2009 05:45 PM
Do they give large limits on Discover More? I thought I read somewhere that this card's credit limit can go up to 50K. I have a 25K BOA card and 750+ FICO scores. I've been getting preapproved offers for Discover More, do you think I can get at least 25K limit on Discover More? 50K would be nice, the higher the better.
I doubt that very seriously. Discover limits might be potentially high, but in reality, they're lower than many. DH has scores in the 800's, and his limit is $14,400.
A great card, but not necessarily neck-snapping acceleration in the CL department.
03-23-2009 08:18 PM
yes Discover offers up to 50k limit
03-23-2009 08:38 PM
credit score is one of several factors used to determine CL by lenders, and some rely on its predictive ability more than others. also, as HTSU indicated Discover is not a CL gusher in general, just not their style.
yes Discover offers up to 50k limit
if you don't mind me asking, what kind of limit do you have on Discover More? I don't understand why haulingthescoreup's DH is not given a higher limit with FICOs in 800s. If the limit really goes up to 50K, then who exactly is getting these high limits on Discover More?
03-23-2009 08:40 PM
03-23-2009 08:46 PM
I think people that are seeing close to the 50k have had there Discover card since the beginning of Discovers time!
They just don't seem to be super generous with CL especially now.
My mom and I had a joint account that use to have 16k limit after a couple years of increased but she closed it, when she applied a year later to get another one, they only gave her 7600!
03-24-2009 02:25 PM
Got my own CLI today. I called in to ask if the 5% cash back beginning in April was for Home Improvement stores b/c I was headed to Home Depot to pick up something, but realized it could wait a week. While on the phone I asked about a CLI -- went from 3.5k to 4.5k instantly. This card started at 1.1k in Feb 08.
I love Discover.. really.
03-24-2009 04:56 PM
Not sure what Whirled did (congrats, btw!) but I just called the number on back of card.
To the person that asked, Discover is rather stingy with CL's. Pretty conservative, but great customer service. So long as you don't count the gagillion times I was called and harassed about their credit monitoring service and the likes.
03-24-2009 05:05 PM
Hey Whirled.....Did you use a backdoor number?? Or just 1800discover?
The last time I did a CLI (from 1.1k to 3.5k) it was w/ a hard inq b/c the computer wouldn't automatically approve me for a CLI. This time I didn't request an amount, just an increase. The CSR said that accts are reviewed every 3 months. My last increase was roughly 6 months ago.
Hope that helps!
And to UPUPUP: I still don't mind their customer service -- they've always been nice to me -- even when I cancelled their ID Protection thingie.
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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.