topic Re: Disco CLI jail... in Credit Card Applications

Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 04:38:18 GMT

Wondering who is there with me. My last CLI was 5/2019 on my Discover It which took it from $11,200 to $12,700. I got a Miles 9/2019 with a $3K limit. Disco has declined CLIs on both cards every time I asked. Saw a bunch of decent CLIs in approvals and I figured since my TU is now 780 I would try again. Both cards denied.

I ask somewhere between once a month and every other month.

It's possible that they don't like the fact I'm carrying balances right now on a few cards but $3K reporting (which is actually around $2.3K that hasn't updated yet) really isn't much so I don't think that's it.

I dunno. Not really feeling the Disco love right now. I had BT offers every month on my IT until this month too. Now nada.

Re: Disco CLI jail...

KLEXH25 — Sat, 15 Feb 2020 04:50:32 GMT

I seem to be in the Discover bucket jail. Card started as a low limit $500 card and it has slowly increased to its current $2,300 limit. I took advantage of a 0% BT recently, which will hopefully push them along, but I guess we'll see. I seem to be on a 4 month CLI train otherwise.

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 04:55:05 GMT

Well, my card was opened April 2019 with $9500 limit.... it took 6 months to get a CLI and that was $1000. Then in November, I asked for a 2nd CLI and got an additional $1000. I really think though that the additional $1000 I got in November was money left on the table and I would've gotten it had I called in for a DD.

Denied in December, Denied in January. But, I'm going to do a CLI right now just for sh*ts and giggles then I'll post back here.

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 04:57:21 GMT

@KLEXH25 wrote:
I seem to be in the Discover bucket jail. Card started as a low limit $500 card and it has slowly increased to its current $2,300 limit. I took advantage of a 0% BT recently, which will hopefully push them along, but I guess we'll see. I seem to be on a 4 month CLI train otherwise.

I do hear people say that BTs are a great way to trigger growth with them so I look forward to hearing about your CLI success soon.

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 04:57:35 GMT

Ok, as I suspected.... I was denied. So, I'll be awaiting my insufficient experience with the current credit limit letter in the mail next week.

I don't know... I think they have me on a 6 month cycle. whatever.

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 05:00:27 GMT

@Anonymous wrote:
Well, my card was opened April 2019 with $9500 limit.... it took 6 months to get a CLI and that was $1000. Then in November, I asked for a 2nd CLI and got an additional $1000. I really think though that the additional $1000 I got in November was money left on the table and I would've gotten it had I called in for a DD.

Denied in December, Denied in January. But, I'm going to do a CLI right now just for sh*ts and giggles then I'll post back here.

My IT started at $7,500 3/2018, asked for my first CLI 12/2018 and got a boost to $10,500 then they bumped me again 1/2019 to $11,200 and declined me until 5/2019 when I got my last one to $12,700.

I have never had the courage to call and ask for the DD though.

I really shouldn't complain about my current limits since they're way more than I need but it's hard to sit around when everyone else is getting CLIs and get told no 😂

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 05:00:46 GMT

DurationOpens modal dialog Transfer FeeOpens modal dialog

Offer APR0%	Offer APR3.99%
Duration9 mo.month	Duration15 mo.month
Transfer Fee4%	Transfer Fee4%
Standard variable APR* after promo ends 2249% Respond by 02/18/20 $753 Estimated Savings How We Calculated This lowest rate offer (Over 9 Months) Interest you would’ve paid (17.37% APR) $1,100 Interest with Discover (0%) minus$0 Transfer fee (4%) minus$347 Estimated savings Est. savings equal to$753 Minimum monthly payment with this offer: $236 Select This Offer This Offer1 Respond by 02/18/20	Standard variable APR* after promo ends 2249% Respond by 02/18/20 $1,058 Estimated Savings How We Calculated This

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 05:01:34 GMT

@Anonymous wrote:
Ok, as I suspected.... I was denied. So, I'll be awaiting my insufficient experience with the current credit limit letter in the mail next week.

I don't know... I think they have me on a 6 month cycle. whatever.

Well I'm sorry you were denied but thanks for the DPs.

I guess I'll just try when everything is back to PIF and see what happens.

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 05:02:32 GMT

@Anonymous wrote:
DurationOpens modal dialog Transfer FeeOpens modal dialog
Offer APR0% Offer APR3.99%
Duration9 mo.month Duration15 mo.month
Transfer Fee4% Transfer Fee4%
Standard variable APR* after promo ends 2249% Respond by 02/18/20

$753 Estimated Savings
How We Calculated This lowest rate offer

(Over 9 Months)
Interest you would’ve paid (17.37% APR)
$1,100

Interest with Discover (0%)
minus$0

Transfer fee (4%)
minus$347

Estimated savings
Est. savings
equal to$753

Minimum monthly payment with this offer: $236

Select This Offer This Offer1
Respond by 02/18/20
Standard variable APR* after promo ends 2249% Respond by 02/18/20

$1,058 Estimated Savings
How We Calculated This

That fee is slowly inching up to the new 5%.

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 05:20:57 GMT

Stuck on Disco It since like June, and Miles hasn't budged since I got it either. Insufficient experience, they say.

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 05:34:34 GMT

@Anonymous wrote:
Stuck on Disco It since like June, and Miles hasn't budged since I got it either. Insufficient experience, they say.

Yup. Ditto. Insufficient experience.

Re: Disco CLI jail...

TekkenQQ7 — Sat, 15 Feb 2020 05:37:57 GMT

Congratulations on your TU jump.

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 05:40:59 GMT

@TekkenQQ7 wrote:

@Saeren
Congratulations on your TU jump.

Thanks! Got EE on my pesky BK. Can't wait for EQ and EX to join later this year!

Re: Disco CLI jail...

ZackAttack — Sat, 15 Feb 2020 06:34:17 GMT

Yeah I am in the same boat with Discover not wanting to increase the card.

Jan 2019 - 2 Cards Open up (MSGCU 1K | Discover 500)

4th statement was 05/2019 3 days after got a $1.2k CLI on Discover

Followed by 6th statement after 08/2019 got a $600

After that I didn't get anymore CLI from Discover. My MSGCU got 3x CLI and is now 3k CL when applied back in OCT 2019. Besides those two cards, picked up an Amex Credit Card 2k CL & Best Buy Store Card 3k CL in July 2019. Amex CLI 1.1k in DEC 2019 making it 3.1k.

So I don't get why Discover wouldn't want to join the party.
Discover 2.3k CL (Lowest Card)

Amex 3.1k CL (highest)

MSGCU 3k CL

Best Buy 3k CL

Re: Disco CLI jail...

AverageJoesCredit — Sat, 15 Feb 2020 12:06:47 GMT

Holy Fico , @Anonymous 780 is great. Ill never see that

Im still a no go. No bt offers in forever though i no longer need them. I smash almost everyday , my TU just updated but nothing again. Ill probably smash again today. I know im playing with fire but oh well, i have enough credit cards that losing 2 is palatable lol.

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 12:11:05 GMT

How much are you spending on the card per month?

Re: Disco CLI jail...

Anonymous — Sat, 15 Feb 2020 13:36:51 GMT

Not much movement here. Opened 3/19 for 0% BT purposes w/ $4,800 SL. Originally never used it for purchases and was paying 5x-7x the minimum every month. Always got the "Not enough experience" reason.

First purchase with it was on Amazon in 10/19 for just over $200 for the 5%. Shortly after was granted a whopping $200 CLI to match, bringing me to $5k.

Ran about $3k thru it in Dec and Jan, still paying way above minimums. Another CLI was shot down after statement cut earlier this month, stating "Insufficient age of revolving accounts". AAoA 2 years. TU 757

Re: Disco CLI jail...

recoveringfrombk7 — Sat, 15 Feb 2020 13:48:15 GMT

@Anonymous wrote:
Wondering who is there with me. My last CLI was 5/2019 on my Discover It which took it from $11,200 to $12,700. I got a Miles 9/2019 with a $3K limit. Disco has declined CLIs on both cards every time I asked. Saw a bunch of decent CLIs in approvals and I figured since my TU is now 780 I would try again. Both cards denied.

I ask somewhere between once a month and every other month.

It's possible that they don't like the fact I'm carrying balances right now on a few cards but $3K reporting (which is actually around $2.3K that hasn't updated yet) really isn't much so I don't think that's it.

I dunno. Not really feeling the Disco love right now. I had BT offers every month on my IT until this month too. Now nada.

My $2500 secured card finally graduated at 14 months and there was no auto CLI and a manual request was denied. I got the boilerplate "insufficient experience at current limit", but consistently put 1500-2000+ through it while it was secured. I get that it's now unsecured, but I was never late and using near to or all of the limit and paying it down actively during the secured period. Just wonky to me given all of these auto bumps from 200 to 2k that everyone seems to get.

Re: Disco CLI jail...

dragontears — Sat, 15 Feb 2020 14:06:35 GMT

@Anonymous wrote:
Wondering who is there with me. My last CLI was 5/2019 on my Discover It which took it from $11,200 to $12,700. I got a Miles 9/2019 with a $3K limit. Disco has declined CLIs on both cards every time I asked. Saw a bunch of decent CLIs in approvals and I figured since my TU is now 780 I would try again. Both cards denied.

I ask somewhere between once a month and every other month.

It's possible that they don't like the fact I'm carrying balances right now on a few cards but $3K reporting (which is actually around $2.3K that hasn't updated yet) really isn't much so I don't think that's it.

I dunno. Not really feeling the Disco love right now. I had BT offers every month on my IT until this month too. Now nada.

I mean this in the most FSR way
Have you considered the CL/income ratio? If I remember right your current discover credit lines would be really high compared to your income.

It could be you will always be stuck in "CLI jail" with discover for this reason.

Re: Disco CLI jail...

KLEXH25 — Sat, 15 Feb 2020 14:56:41 GMT

On another Disco thread, @Birdman7 mentioned a conversation with a CSR when asking for a DD and said, "...no negative impact of trying every 30 days and he said usually no more than 2 per six months. Or 3 per 12 month approved. But he said it changes all the time, so you never really know because it’s all automated."

It was pretty specific so I found that interesting. Of course if you're not even getting those three in 12 months, there must be some other limitation.