topic Re: No luv from Disco in Credit Card Applications

No luv from Disco

arkane — Mon, 26 Feb 2018 18:48:40 GMT

$2500 SL, always let statement cut at 0, AZEO ever since app spree 3 months ago, past 90 day mark on 22nd. Pushed luv button today for 0 luv, then called recon and was told reasons for denial were

1) Length of history with account

2) Escalating utilization over all accounts

1 ok can't argue with that, but escalating utilziation? Seriously??? My aggregate util is 1%, and my individual util is either 8% or 4% depending on whether Barclays has reported my new statement balance to the CRAs or not. I'd have to stop using all my cards altogether to drop util lol, and I told the CSR as much. He offered to do a HP and I quickly declined.

Gonna try again in 30 days, and if I get no luv, I'm gonna max out each quarterly cap on the very first day of the quarter then SD the card until the next quarter. I don't need to be insulted like this.

Re: No luv from Disco

Anonymous — Mon, 26 Feb 2018 18:52:26 GMT

Even you manage to "fix" utilization (where in this case I don't really see anything to fix), the length of account can still be the reason they use to deny the CLI. Even after 6 months my account was open, Discover still denied my CLI request using the account length reason.

Re: No luv from Disco

Kree — Mon, 26 Feb 2018 18:55:09 GMT

Discover likes to be wanted. Try lettign a balance ride through statement for a month or two. You can still pay before interest kicks in. I think.

Re: No luv from Disco

Remedios — Mon, 26 Feb 2018 18:59:39 GMT

He should still be in a 0% period, so it would make no difference

Disco CLI seems to be based on horoscope, alignment of Andromeda and flight pattern of bumblebee

Re: No luv from Disco

arkane — Mon, 26 Feb 2018 19:05:47 GMT

@Kreewrote:
Discover likes to be wanted. Try lettign a balance ride through statement for a month or two. You can still pay before interest kicks in. I think.

What does it matter what the statement cuts at if they still get the swipe fees? Unless they lack any kind of internal monitoring and only go off of the statement balance, which I highly doubt. I have a 0% APR promo but I'll be damned if I carry balance just for Discover (even at 0% interest), simply not gonna happen.

@Remedioswrote:
He should still be in a 0% period, so it would make no difference
Disco CLI seems to be based on horoscope, alignment of Andromeda and flight pattern of bumblebee

haha well I'd have to guess most of it is because I'm not their target demographic of "prime revolvers" which Disco openly admits to preferring over transactors.

In any case, even if I "fixed" util, length of history will always be a convenient excuse to deny a CLI sadly.

Re: No luv from Disco

Anonymous — Mon, 26 Feb 2018 19:04:24 GMT

@Remedioswrote:
He should still be in a 0% period, so it would make no difference
Disco CLI seems to be based on horoscope, alignment of Andromeda and flight pattern of bumblebee

I agree with this. 😂. When looking for data points, it is quite literally all over the place.

Re: No luv from Disco

Anonymous — Mon, 26 Feb 2018 19:16:37 GMT

I know, right (rolling eyes). I *seem* to be on the 90-day CLI track so far (CLI's in June, September and December, the June and December ones being Discover-initiated), but I don't know how things will shake out next month (next week, actually, when the next statement cuts) when I make my next attempt considering that I'm going to be paying off my existing balance this week.

Re: No luv from Disco

Anonymous — Mon, 26 Feb 2018 19:46:38 GMT

Same for me, I got my CL cut about a year ago for the same reasons they told you and I have yet to get them to give me a CL increase not matter what I do. They used to be one of my favorite cards but now I do the same as you are doing, max out the return, pay it off and don't use it. They don't make much on me since if I had a higher CL with them I'd use the card more for other transactions besides the 5%.

Re: No luv from Disco

arkane — Mon, 26 Feb 2018 20:36:45 GMT

Disco does CLDs?!

Re: No luv from Disco

Anonymous — Mon, 26 Feb 2018 20:46:36 GMT

I waited 4 1/2 months before I asked for my first CLI and was approved for $4100.00. I tend to be on the conservative side and hate being told no.

Re: No luv from Disco

arkane — Mon, 26 Feb 2018 21:24:19 GMT

Don't think waiting longer would've mattered. Going by the disproportionately low SL they gave me, pretty sure I'm not their target demographic.

Re: No luv from Disco

Gregory1776 — Mon, 26 Feb 2018 22:11:14 GMT

Just denied, was hoping to get a cl boost to help out my balance carrying..... looking to pay it off by the time told me to ask again..90 days

Re: No luv from Disco

AverageJoesCredit — Tue, 27 Feb 2018 03:44:38 GMT

Lol, flight of the bumblebee i like that one Remedios

Re: No luv from Disco

Gmood1 — Tue, 27 Feb 2018 04:22:50 GMT

How old is this account? If the account is less than 6 months old. Don't expect much from Discover. Eventually they'll open up. It was at least 6 months and possibly 9 months before I got any cli from them. They couldn't care less about AZEO or any other technique used here. lol

Re: No luv from Disco

arkane — Tue, 27 Feb 2018 04:35:20 GMT

@Gmood1wrote:
How old is this account? If the account is less than 6 months old. Don't expect much from Discover. Eventually they'll open up. It was at least 6 months and possibly 9 months before I got any cli from them. They couldn't care less about AZEO or any other technique used here. lol

94 days old lol.

I mean in your case it was probably they simply opted not to compete with your portfolio. And I think for me they simply pegged me as being an "unprofitable transactor" and would rather I used their card less, which I'll very happily oblige.

Re: No luv from Disco

Anonymous — Tue, 27 Feb 2018 04:44:25 GMT

@arkanewrote:
$2500 SL, always let statement cut at 0, AZEO ever since app spree 3 months ago, past 90 day mark on 22nd. Pushed luv button today for 0 luv, then called recon and was told reasons for denial were

1) Length of history with account
2) Escalating utilization over all accounts

1 ok can't argue with that, but escalating utilziation? Seriously??? My aggregate util is 1%, and my individual util is either 8% or 4% depending on whether Barclays has reported my new statement balance to the CRAs or not. I'd have to stop using all my cards altogether to drop util lol, and I told the CSR as much. He offered to do a HP and I quickly declined.

Gonna try again in 30 days, and if I get no luv, I'm gonna max out each quarterly cap on the very first day of the quarter then SD the card until the next quarter. I don't need to be insulted like this.

Disco is very strange even if you confer with the oracle at the temple of Disco. Many Disco cards top out between $9K and $11K because of insuffcient usuage at that level. My Disco card started off around $2.5K and is stuck at $11.5K My card is 2 years old and scores 740 plus or minus a few points. I tried quarterly. I have run anywhere from $100 to $1.5K per month through the card nothing matters.

Re: No luv from Disco

Gmood1 — Tue, 27 Feb 2018 04:56:17 GMT

@arkanewrote:
@Gmood1wrote:
How old is this account? If the account is less than 6 months old. Don't expect much from Discover. Eventually they'll open up. It was at least 6 months and possibly 9 months before I got any cli from them. They couldn't care less about AZEO or any other technique used here. lol
94 days old lol.

I mean in your case it was probably they simply opted not to compete with your portfolio. And I think for me they simply pegged me as being an "unprofitable transactor" and would rather I used their card less, which I'll very happily oblige.

Lol...don't know about that. My CC portfolio was much smaller than it is now.

There are a bunch of us that are transactors. That doesn't mean anything either.

Maybe not a fanatical transactor, but none the less we don't pay interest on CCs.

It's been at least 8 years since I gave any CC lender a dime in interest.

Time is the only thing that's going to get you a cli with these guys.

Re: No luv from Disco

Anonymous — Tue, 27 Feb 2018 05:48:38 GMT

@arkanewrote:
$2500 SL, always let statement cut at 0, AZEO ever since app spree 3 months ago, past 90 day mark on 22nd. Pushed luv button today for 0 luv, then called recon and was told reasons for denial were

1) Length of history with account
2) Escalating utilization over all accounts

1 ok can't argue with that, but escalating utilziation? Seriously??? My aggregate util is 1%, and my individual util is either 8% or 4% depending on whether Barclays has reported my new statement balance to the CRAs or not. I'd have to stop using all my cards altogether to drop util lol, and I told the CSR as much. He offered to do a HP and I quickly declined.

Gonna try again in 30 days, and if I get no luv, I'm gonna max out each quarterly cap on the very first day of the quarter then SD the card until the next quarter. I don't need to be insulted like this.

They love a guy who racks up bills and pays lots interest on credit cards it seems. You aren’t their type. Their loss. They are hard to figure out exactly who gets limit increases and who doesn’t sometimes.

Re: No luv from Disco

arkane — Tue, 27 Feb 2018 06:54:22 GMT

Yeah pretty much the only known variable is they most definitely prefer revolvers over transactors.

But meh I'd much rather do business with a lender that apprecicates/respects my financial habits and decisions. If I have to take a HP to get CLI I'd much rather do it with Barclays or BoA. (BoA gave me 3x CLI with that one HP, so worth it)

Re: No luv from Disco

Anonymous — Tue, 27 Feb 2018 07:39:19 GMT

@arkanewrote:
Yeah pretty much the only known variable is they most definitely prefer revolvers over transactors.

But meh I'd much rather do business with a lender that apprecicates/respects my financial habits and decisions. If I have to take a HP to get CLI I'd much rather do it with Barclays or BoA. (BoA gave me 3x CLI with that one HP, so worth it)

Yea. If more had this attitude if they don’t want me then I don’t want them, there would be less angst around. Since I’m low volume transactor many wouldn’t want my business. But the ones that do will get a steady diet of transaction fees. I put all my bills possible on credit cards. I just don’t spend more than $750 a month in total. I’m one of those that wouldn’t mind a cashless society. I’m rare with that.