I have had my Discover card for a little over a year now! I have put THOUSANDS of dollars through it. Redeemed rewards, ect and still get denied for a CLI every time I call. My scores are all in the 660ish range. My highest CL is military star at about 9k. What do I have to do to get these guy to give me a CLI. I believe I am more than deserving of one!
Starting Score:TransUnion: 698 (12 FEB 2010), Equifax: 674 (12 FEB 2010)
@MrChairman wrote:I have had my Discover card for a little over a year now! I have put THOUSANDS of dollars through it. Redeemed rewards, ect and still get denied for a CLI every time I call. My scores are all in the 660ish range. My highest CL is military star at about 9k. What do I have to do to get these guy to give me a CLI. I believe I am more than deserving of one!
I think 660 is a little low for Discover's liking. Your usage sounds like what Discover likes to see. I bet once your scores get back around 700 that they will CLI you. What is your TU score? That seems to be their favorite CRA to pull.
As soon as my promo APR of 1.9% runs out, it won't see much love unless I get a decent CLI within the coming months.
@wollepopolle wrote:The stories provided here show clearly that we should never really regard our available credit as a "buffer." Banks get scared and will take it away from us as soon as they don't like anything about us.
This is nothing personal but I hate to hear people talk about what "Discover would like to see" from us. For all I care, I use them for their 5% cashback categories. I play their stupid sign-up game. But that's about it. Discover is not necessarily a card that will grow with you as others. Their CL is by far the lowest that I have of all of my available cards, half of what even Cap One gave me. My six month anniversary passed and my CL is still at the initial $3500 even though I charge about $500 every month and pay it off.
This is a YMMV type deal. Discover has been the only card that has "grown with me"
I got an initial $2500 CL that is now at $5300 after two years. I have never asked for a single CLI from any of my card issuers, because I don't need it, but Discover is the only issuer (besides my bank) that has given me an unsolicited CLI, and they've given me 3. I bet I could squeeze more out of it if I actually asked for CLIs.
I just re-read, you're mad that you're at your initial limit after only 6 months? Some people on this board are hard to please. Discover is stingy initially, by all accounts on this board, but they've been my highest CL for a while. If you keep using it a lot like you've said you do, I have no doubt that you will get your auto-CLI. In fact, if it's been 6 months exactly, you may get one around your next statement. I don't mean to get your hopes up.
I agree that we should be wary of relying on CCs as emergency funds. I think the credit world has reverted back to the days when charge cards ruled the market, at least temporarily. Credit cards should never be regarded as long term loans.
I've had the card for over a year as stated in my original post.
Sorry, that comment was directed at the poster I quoted.
Like I said, Discover is really timid. I bet if your score was back in the 700s, or close, they would give you that CLI.
They don't usually approve scores in the 660s. Can I ask what made your score drop?
I got a new auto loan in August. And apped for 3 new cards in Nov and Dec. So I'm sure AAoA and the inq are the reason. No cc balances.
This is a perfect example of how "YMMV".
You've done everything you're supposed to do with a CC. Use it and pay on time. Since they still see something they don't like, that's not your problem. Just realize that this is a company that may not work for you.
Don't sweat it. Use the card for purchases it rewards you on and that's it. Get your scores up a little higher and once you've had no inquiries for at leat a year, app for something else.