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Valued Member
Posts: 63
Registered: ‎09-05-2012
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Eligible for Discover CLI Tomorrow

Tomorrow marks six months with discover, and I'm up for a credit increase. My limit is currently $2,500. They are by far my highest limit. My credit is only a year old, and they gave me that limit with just a capital one secured for six months.

How much of an increase should I ask for?

My fico has went down due to an auto loan I took in January. So I'm at about 670. But that was with a $900 balance on discover, which I have since paid down to 300.

Would it be worth a hard pull if they request it?
Community Leader
Senior Contributor
Posts: 27,465
Registered: ‎02-07-2013
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Re: Eligible for Discover CLI Tomorrow

$7500 they will counter if not given good luck

+ Chase ink =




Valued Member
Posts: 63
Registered: ‎09-05-2012
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Re: Eligible for Discover CLI Tomorrow

Are you sure that won't trigger a hard pull?
Super Contributor
Posts: 5,872
Registered: ‎12-11-2011
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Re: Eligible for Discover CLI Tomorrow

I believe they counter with a SP, but give an option for further processing. The further processing will result in a HP.

That is my understanding of it at least.
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Valued Contributor
Posts: 1,486
Registered: ‎08-30-2011
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Re: Eligible for Discover CLI Tomorrow


JoeRo wrote:
Tomorrow marks six months with discover, and I'm up for a credit increase. My limit is currently $2,500. They are by far my highest limit. My credit is only a year old, and they gave me that limit with just a capital one secured for six months.

How much of an increase should I ask for?

My fico has went down due to an auto loan I took in January. So I'm at about 670. But that was with a $900 balance on discover, which I have since paid down to 300.

Would it be worth a hard pull if they request it?

Regarding the HP, that's up to you to decide if it's worth it to you. 

 

IF I were in your shoes (and I was there at one time!), I'd be conservative and request a CLI to $5000.  That's still a good CL, and since you said that the current $2500 is by far your highest limit, I think Discover, a conservative company, would be more inclined to go to $5k, depending on your payment history with them.  Helps that you've paid down a balance.  Yeah, you might be able to get more, but frankly, I doubt Discover is going to give you a 3X increase.  That usually only works with AMEX, though anecdotally some folks here get those kind of CLI.  However, with your scores, you're not quite there yet; give it time and you will be ! 

Diners Club Premier MasterCard $50K / AMEX Gold NPSL / AMEX Zync NPSL / AMEX Blue Cash Preferred $14K / Bank of America Cash Rewards Signature Visa $15K / Merrill Lynch Plus Signature Visa $15K / Wells Fargo Propel 365 $15K / Chase Sapphire Preferred Signature Visa $10K / J P Morgan Select Signature Visa $10.5K / CITI Diamond Preferred MasterCard $13.2K / Discover IT $10.5K / IberiaBank Select Visa $8K / 1st Command Bank Platinum Visa $7.5K // Home Depot $9.7K / Lowes $10K

EX = 818 EQ = 823 TU = 822 as of 07/15
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Posts: 27,207
Registered: ‎09-13-2012
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Re: Eligible for Discover CLI Tomorrow

Valued Member
Posts: 63
Registered: ‎09-05-2012
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Re: Eligible for Discover CLI Tomorrow

Thanks for the replies. I would like to get five thousand. When my utility is around five percent my fico is usually in the 690s the past couple months. That's lower than when I was approved initially, but I have a much thicker file.
Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
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Re: Eligible for Discover CLI Tomorrow

Is there anyway to request 3k and not trigger a HP??...your credit is still fairly new.

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Valued Member
Posts: 63
Registered: ‎09-05-2012
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Re: Eligible for Discover CLI Tomorrow

So I hit the CLI button and it says that they can't process it because the site is having technical difficulties.  Oh well.  I'll try again tomorrow.  I don't want to call and get a HP crazy customer service rep.  I've heard the reps are more likely to use a HP.

Valued Contributor
Posts: 1,738
Registered: ‎08-13-2012
0

Re: Eligible for Discover CLI Tomorrow

Sometimes they wont allow you do CLI after 6 months period.

One of my buddie call in and request and they grant it without HP.

They always ask you if HP required.


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
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