topic Re: Discover CLI, Don't get your hopes up ^__^ in Credit Card Approvals

Discover CLI, Don't get your hopes up ^__^

Anonymous — Sat, 04 May 2019 20:51:41 GMT

300$ increase from Disco. My second CLI on a 1 year 3 months card. EX: 730 at the moment. I have 3 recent inquiries last month and no lates, no baddies. My first increase was 700$ 60 days ago. I really do not know how you guys build limits so high with this company. I read people mentioning Disco likes thin files and new profiles but for some reason they don't like mine even though it was my second credit card.

Re: Discover CLI, Don't get your hopes up ^__^

gdale6 — Sat, 04 May 2019 21:22:28 GMT

@Anonymous wrote:
300$ increase from Disco. My second CLI on a 1 year 3 months card. EX: 730 at the moment. I have 3 recent inquiries last month and no lates, no baddies. My first increase was 700$ 60 days ago. I really do not know how you guys build limits so high with this company. I read people mentioning Disco likes thin files and new profiles but for some reason they don't like mine even though it was my second credit card.

When I got mine in 2012 I had derogs and a dismissed BK on file, my CLIs were 1K at a time until I became totally clean in 2015 then at the end of this year my regular Fico 8 moved past 760 thats when I got big bites of over 5K multiple times. Patience is the name of the game with this creditor, they will come with time and use of the card. All I have ever used the card for is the 5% categories and it has sat for 6 months at a time when I could not use the categories. Grats on your CLI

Re: Discover CLI, Don't get your hopes up ^__^

VanderSnoot — Sat, 04 May 2019 22:31:52 GMT

Was denied this week. I have had the card more than 10 years, CL = 5k (my lowest except for store CCs), I've never asked for a CLI (though they gave me one several years ago anyway), scores in the 730s, 1 inquiry. Waiting for the letter.

Re: Discover CLI, Don't get your hopes up ^__^

M_Smart007 — Sat, 04 May 2019 23:43:54 GMT

CLI Congrats!!

Re: Discover CLI, Don't get your hopes up ^__^

Anonymous — Sun, 05 May 2019 00:03:53 GMT

@VanderSnoot wrote:
Was denied this week. I have had the card more than 10 years, CL = 5k (my lowest except for store CCs), I've never asked for a CLI (though they gave me one several years ago anyway), scores in the 730s, 1 inquiry. Waiting for the letter.

That's totally bananas! I want to analyze their algorithm so badly!

Re: Discover CLI, Don't get your hopes up ^__^

pinkandgrey — Sun, 05 May 2019 01:39:28 GMT

Congrats all the same! A CLI is a CLI. AJC is a charter member of the Disco No CLI club. He probably put in a good word for you.

Re: Discover CLI, Don't get your hopes up ^__^

VanderSnoot — Mon, 06 May 2019 21:02:18 GMT

Got my letter: insufficient experience with current CL. I only use it for the categories, which amounts to a lot during the supermarkets quarter and not much at other times. Are phone calls helpful? It probably cant hurt.

Re: Discover CLI, Don't get your hopes up ^__^

Anonymous — Mon, 06 May 2019 21:31:15 GMT

@VanderSnoot wrote:
Got my letter: insufficient experience with current CL. I only use it for the categories, which amounts to a lot during the supermarkets quarter and not much at other times. Are phone calls helpful? It probably cant hurt.

I tried calling when I wasn't getting any CLI for the first year. They took the same info as the online tool and said it was not approved. I assume they use the same algorithm. She asked if I want to request a hard pull CLI, I said no.

Re: Discover CLI, Don't get your hopes up ^__^

VanderSnoot — Tue, 07 May 2019 00:55:02 GMT

I guess I'll wait until my scores are above 760 to request a CLI. Still happy to have the card.

Re: Discover CLI, Don't get your hopes up ^__^

M_Smart007 — Tue, 07 May 2019 01:40:10 GMT

@VanderSnoot wrote:
Got my letter: insufficient experience with current CL

I think that Verbage only has to do with time, I believe another Savvy poster (BBS) pointed that out to Me.

I used to interpret it differently or should i say "wrong interpretation"

Re: Discover CLI, Don't get your hopes up ^__^

Anonymous — Tue, 07 May 2019 02:05:42 GMT

I tried for a CL increase a month ago...they denied......waited another month hit it again...just got a 2400 increase.....so maybe try in another month?

Re: Discover CLI, Don't get your hopes up ^__^

Anonymous — Tue, 07 May 2019 02:07:36 GMT

Thanks for reminding me. I've been requesting for 6 months and been getting the insufficient bs every month. Well... "Not today!"

Re: Discover CLI, Don't get your hopes up ^__^

KLEXH25 — Tue, 07 May 2019 03:21:12 GMT

@Anonymous wrote:
@VanderSnoot wrote:
Got my letter: insufficient experience with current CL. I only use it for the categories, which amounts to a lot during the supermarkets quarter and not much at other times. Are phone calls helpful? It probably cant hurt.
I tried calling when I wasn't getting any CLI for the first year. They took the same info as the online tool and said it was not approved. I assume they use the same algorithm. She asked if I want to request a hard pull CLI, I said no.

Have either of you guys tried changing your spending habits on the card? If the same kind of spend isn't getting you a CLI, maybe you need to chage it up and increase spending (or maybe even decrease, who knows lol). My point being, if all other factors are the same-ish, the end result will also be the same. I only got a $200 increase last month, and they said that was the best they could do. So I decided to increase my use and spending (have had to pay it off a few times) and then let it post with a high balance yesterday. Requested a CLI today (31 days since the last) and got approved for $500. Not huge, but I was only at $1,000 CL (50% increase) and also thought I'd get nothing, so I'm going to continue using it heavily to see if I keep getting more.

Re: Discover CLI, Don't get your hopes up ^__^

Anonymous — Tue, 07 May 2019 03:42:26 GMT

@Anonymous wrote:
My first increase was 700$ 60 days ago. I really do not know how you guys build limits so high with this company.

Time and you aren't allowing enough to pass.

You just said that you got a CLI 60 days ago, which is very recent. I'm not sure you or anyone can reference any other lenders outside of Discover that you'd be unhappy with or feel expectations weren't met with if they didn't give you another (SP) CLI 60 days after once was received. My suggestion would be to sit tight and allow some time to pass.

Re: Discover CLI, Don't get your hopes up ^__^

Anonymous — Tue, 07 May 2019 03:45:27 GMT

@M_Smart007 wrote:
@VanderSnoot wrote:
Got my letter: insufficient experience with current CL
I think that Verbage only has to do with time, I believe another Savvy poster (BBS) pointed that out to Me.
I used to interpret it differently or should i say "wrong interpretation"

100% correct above. Insufficient experience with current limit refers to how long you've had that limit, not how much you spend. You could spend $0 or $5 per month for the next 3-4 months and that's no "worse" in terms of experience with limit than if you were spending $500/mo. On your profile for whatever reason Discover is looking for more time to pass before you receive another CLI.

Re: Discover CLI, Don't get your hopes up ^__^

Anonymous — Tue, 07 May 2019 03:47:19 GMT

@Anonymous wrote:
I tried for a CL increase a month ago...they denied......waited another month hit it again...just got a 2400 increase.....so maybe try in another month?

You can try as often as you'd like, but I think it's a bit aggressive and/or a bit of an unrealistic expectation to try for a CLI again a month after receiving one and hope to get another. By all means go ahead and try; I've tried as often as weekly... just don't be upset or think you're missing out if you are denied and even if you go 3-4 cycles without anything.

Re: Discover CLI, Don't get your hopes up ^__^

Anonymous — Tue, 07 May 2019 12:51:51 GMT

@Anonymous wrote:
@Anonymous wrote:
My first increase was 700$ 60 days ago. I really do not know how you guys build limits so high with this company.
Time and you aren't allowing enough to pass.

You just said that you got a CLI 60 days ago, which is very recent. I'm not sure you or anyone can reference any other lenders outside of Discover that you'd be unhappy with or feel expectations weren't met with if they didn't give you another (SP) CLI 60 days after once was received. My suggestion would be to sit tight and allow some time to pass.

I didn't get an increase for 1 year and a month even though I managed my card perfectly. And afterwards all I got was a 700$ and 300$ when Bank of America gave me 3X and Chase was approving me for 6.5k, 10k limits. My Amex has a 10k+ spending power. I am not dissappointed about the frequency of the increase, simply the amounts and my overall limit.

Re: Discover CLI, Don't get your hopes up ^__^

VanderSnoot — Tue, 07 May 2019 13:08:23 GMT

And I'm not actually unhappy about it. I've been reading about CLIs on this site and decided to request one. I chose my Discover card because the CL is significantly lower than my other cards, I've had the card for over 10 years, and they gave me one CLI sua sponte around 5 years ago (from $500 to $5k). I asked, they said no. This board helped me to interpret their response of "insufficient experience" as likely to mean that I don't use the card enough, which I don't, because I only use it for the categories. I won't change that habit because it doesn't make financial sense for me to use the card outside of the 5% categories. So, it's perfectly fine. I wrote simply to add some dp's to analyze.

Re: Discover CLI, Don't get your hopes up ^__^

KLEXH25 — Tue, 07 May 2019 15:46:58 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
My first increase was 700$ 60 days ago. I really do not know how you guys build limits so high with this company.
Time and you aren't allowing enough to pass.

You just said that you got a CLI 60 days ago, which is very recent. I'm not sure you or anyone can reference any other lenders outside of Discover that you'd be unhappy with or feel expectations weren't met with if they didn't give you another (SP) CLI 60 days after once was received. My suggestion would be to sit tight and allow some time to pass.

I didn't get an increase for 1 year and a month even though I managed my card perfectly. And afterwards all I got was a 700$ and 300$ when Bank of America gave me 3X and Chase was approving me for 6.5k, 10k limits. My Amex has a 10k+ spending power. I am not dissappointed about the frequency of the increase, simply the amounts and my overall limit.

Yeah, I don't blame you. I have seen some large Discover increases around, with seemingly no rhyme or reason. However, I'm convinced there is a pattern somewhere. I've seen mentions of balance transfers and large balances triggering positive outcomes on CLI, so there must be a correlation there. There's also another correlation that if you have other cards with higher balances, Discover doesn't bother with CLI. Since I'm still getting double match, my added spending still makes sense, even in the non-categories. Plus my QS only has a $500 limit, so there's only so much I can do with that. Some people have had better luck with a second Discover card, if your first Discover seems bucketed.

Re: Discover CLI, Don't get your hopes up ^__^

SummerOf17 — Tue, 07 May 2019 15:59:06 GMT

I finally got my third CLI, and guess what? It is a whooping 300 as well . Called to speak with the rep, still no cigar Brought me up to 4900. Started with 1300 on this card for more than 5 years, always on time. Does not matter what I have tried: no balance, high balance, big spend, no spend, nothing works...... They do bombard me with 0%/12 Mo BT offers all the time...