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What's your Discover Credit Line?

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Anonymous
Not applicable

Re: What's your Discover Credit Line?

1K limit as I just recently joined Discover family a couple months ago. I'm gonna lay low for a few more months before I request for a CLI

Message 221 of 371
Anonymous
Not applicable

Re: What's your Discover Credit Line?

Approved 11/15/14-$5,500 cl. 696 EQ(FICO)-4 inq/0 baddies, AAoA 3.2 yrs & 27% util.

Message 222 of 371
afinch1992
Regular Contributor

Re: What's your Discover Credit Line?

I am so perplexed by the way that Discover handles their intial CLs and CLIs. They obviously have a system to determine everything, but I cannot seem to put it into logic. 

 

I would say I had too many new account when I opened my IT, which makes a $1,500 CL reasonable, but low comparivitely to both my own limits and others with similar profiles. Fast forward 6 months and I have 2 new accounts (1 card within a month of the IT and a car loan within 3), 5 dropped inq, a jump of 20-25 points in FICO score (around a 740 now without policing balance, potentially a 750+), and about 2 times my limit run through and paid in full over the past 2 months. They still won't budge on my puny CL. 

 

I am not about to waste a HP on a category card's CLI, especially when so many only get $500 CLIs. I just don't get how they are so conservative with a person with perfect history and all prime cards, and then hand out 5k+ limits to people with less or even shaky credit history.

AMEX BCE 18000CL, Citi DC 15000CL, AMEX EDP 15000CL, CSP 5000CL, Fidelity AMEX 5000CL, Sallie Mae MC 7400CL, US Bank Cash+ 5000CL, Chase Freedom 4000CL, Capital One QS 6000CL, BoA Better Balance 2500CL, Discover It 2000CL, BoA Better Cash Rewards 500CL, Chase Amazon CC 700CL

TU: 756 EX: 755 EQ: 753
Message 223 of 371
7PM789
Frequent Contributor

Re: What's your Discover Credit Line?

My Discover started out as a "More" card with a $2,500.00 limit 15.99% APR 7/2012

It now stands at $12,000.00 limit 12.99% APR with the "It" card rewards structure.

ł never carry a balance but it's nice to see the APR reduction and the limit was bumped through a combination of auto and sp cli.

ł haven't taken a hard pull for this card since ł got it.
Amex B.C.E. - $2.5k - Amex Everyday - $5k - N.C.F.C.U.M.C. - $5k - Amex Gold - NPSL/35k P.O.T. - Discover It - $12k - Sam's Club M.C. - $10k -
Walmart M.C. - $7.5k - Citi T.Y.P. - $10k- Chase Freedom - $5k - Chase Marriott - $7.4k - U.S. Bank Cash + - $6k -
W.M. TU-781(Jan/15) Citi EQ-782(Dec/14) EX-782(Oct/14)
Audi, Vide, Tace. . .
Message 224 of 371
Jungook
Regular Contributor

Re: What's your Discover Credit Line?

My Discover IT for students limit is $1000.

 

I opened it August of 2013 and was given a CL of $500. Since then I've been given 2 CLI's of $250 a piece. Since attaining my everyday, freedom, and salliemae, I haven't used my Discover card for the last 8 months.

Message 225 of 371
sccredit
Valued Contributor

Re: What's your Discover Credit Line?

Mine started at $10k when my next highest limit was $1,600 from Merrick.  It is now $12.5k

Message 226 of 371
SomeGuyOnTheWeb
Regular Contributor

Re: What's your Discover Credit Line?

$11K, now.

 

Unless I get a SP credit line increase, that's where it'll stay.

EQ - 727
TU - 752
EX - 774
Message 227 of 371
SloppyJoe
New Member

Re: What's your Discover Credit Line?

Here's my experience with Discover so far.

 

 

 

Just got approved  for 6,500 the other day - was instant online approval. I found out the credit limit in an Email 2 days later. The card showed up in mail that same day. Yes two business days was all it took.

 

I put 1k in the balance transfer section.

 

They only pulled equifax.

 

Myfico score of 700

 

I have a few 90 day lates on paid off car loan 2 years ago, and a 5 year old paid charge off on record.

 

Aaoa - about 2 years, maybe 6 or 7 inquires.

 

I have 2 cap1 cards that together come to 6500 limit if thet is where they came up with the limit, just guessing.

 

Called to activate just a bit ago - they are VERY nice people. I spoke to a lady in my city and she was very nice and helpfull.

 

Seems to me like a good company.

 

 

Message 228 of 371
Anonymous
Not applicable

Re: What's your Discover Credit Line?

Asked for an increase a few months ago from $2900 to $5k and got it. All done on the website and no HP. Reading these stories here I wish I'd have asked for at least $10k though...
Message 229 of 371
Anonymous
Not applicable

Re: What's your Discover Credit Line?

Just asked for $14,000 from $11,000 on wife's Discover It....They want a hard pull. Smiley Frustrated

Message 230 of 371
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