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Contributor
Kendro
Posts: 82
Registered: ‎03-01-2012
0

Six statements with Discover, ran $6000 thru it, no credit increase?

[ Edited ]

I averaged about $1000 a month through 6 statements since opening the account and have a 785+ credit score.  I keep seeing posts where Discover increased their limit automatically every few months.  It is by far my lowest TL.  My AMEX is 4 times my Discover limit and my Chase Freedom is 3 times the limit.  Is there a reason why they wouldn't increase it automatically?

Established Contributor
flowfaster
Posts: 787
Registered: ‎08-30-2011
0

Re: Six statements with Discover, ran $6000 thru it, no credit increase?

Because they don't have to.  Have you tried resquesting one?

Amex BCP/BC/Zync - Amex Business GR - Barclays NFL Visa Sig 49ers/Arrival - BoA BBR - Cap 1 Quicksilver - Citi Forward/Preferred - Chase Amazon/Freedom/Ink Plus - Discover IT - Fidelity Amex - GECRB Amazon/Walmart - PenFed PRV - Target - USAA Amex - US Bank CASH+/Club Carlson
Mega Contributor
Creditaddict
Posts: 19,652
Registered: ‎10-23-2007
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Re: Six statements with Discover, ran $6000 thru it, no credit increase?


Kendro wrote:

I averaged about $1000 a month through 6 statements since opening the account and have a 785+ credit score.  I keep seeing posts where Discover increased their limit automatically every few months.  It is by far my lowest TL.  My AMEX is 4 times my Discover limit and my Chase Freedom is 3 times the limit.  Is there a reason why they wouldn't increase it automatically?


I see a good number of auto CLI but they have not been very large... I think if they are that far off of your others I would hit up the love button online and see, might cost you HP if it doesn't counter smaller line but might be worth it, they have some of the best CSR lately I have dealt with... tell them, I have now proven myself for 6 months, now you prove yourself!

Fico Scores: EQ 657 Cabelas, TU 662 Walmart, EX 699 Wells (07-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 45 Cards in between :smileytongue:
Contributor
Kendro
Posts: 82
Registered: ‎03-01-2012
0

Re: Six statements with Discover, ran $6000 thru it, no credit increase?

I'll let you guys know how it turns out.  Gonna hit the luv button after I pay off this month's statement balance.  Will request it on Friday.

Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012
0

Re: Six statements with Discover, ran $6000 thru it, no credit increase?

Good luck OP

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Six statements with Discover, ran $6000 thru it, no credit increase?

Fingers crossed for you!!

 

I've had my account for 9 months now with a toy $1K limit and they absolutely refuse to increase it.




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