@Anonymous wrote:
@DantGwyrdd wrote:
Here's my experience (from less than two months ago): I did not one, but two BTs into my Discover which got my util on it to about 75% on a CL of $2000. About a week later I requested a CLI via the link and they gave me a $2000 increase.This is also more or less the same story as the story of how my Discover CL went from $1000 to $2000 with the difference that that time I didn't even have to ask for a CLI--did the BT, statement cut, made a payment of about 3x the minimum, CLI came in within a week or so.
Also, they advertised the BT option to me rather agressively IMO as I got at least one email and it was also in that area above "Pending Transactions" where stuff like "open a checking account and get $50" is when it's there among other things.
I also have had a BT with Discover without a "blip" on the screen.
I got my Discover in early 2013 and kept it up near the top of the original $4k CL with a stream of 0% BT offers. I didn't get any auto CLIs, and I didn't know about actually ASKING for a CLI since I hadn't found myfico yet. I paid off my 0% spring 2015 and started asking for CLIs in the gravy train days. I went from $5k to $6k to $7k to $7.5k and have gotten the 'not enough experience at this CL a couple times now.
DH had been 'courted' by Disco with mailers at least once a week or so for some time. Just as I found myfico and we were looking at heloc/refi, he applied with me as an AU. approval for $15k (matched highest CU CL at the time) and BT'd about $8k immediately and have been carrying around $12-13k. With 12+ out of 15, they auto CLI'd him to $17k. We haven't asked for a CLI and I took myself off as an AU (now knowing there's no benefit to me being on a SD'd BT card.)
Disco seems to LOVE BT's. And we've not paid them penny one if interest.
Now I had been thinking of taking Barclay's up on their BT check at 1% fee on SM. But I decided to carry higher util for a month or two (on other cards at 0%...my disco with 0% purchase offer and newer EDP) and just pay down the tax bill I paid when I was thinking I'd use the BT offer. We're not really using the SM for much now, but I still don't want to poke the Barclay bear. (Plus DH doesn't need any more on his util and the SM is his.)
