topic Re: Discover sucks! in Credit Card Applications

Discover sucks!

Anonymous — Thu, 16 Apr 2015 20:05:39 GMT

I received a pre screened app for them in Dec and got the card with a $500 limit. My credit file history only dates to 6/14 and I built it with au cards I opened for my elderly mom that month.

I have built $29,000 in credit since then ( not counting the $7000 BBVA card I just got approved for Monday). Paid the card off and made a few more charges on it and even though I am aware Discover is a stingy lender for some reason we need to find out about, decided to call them for a cli. I tried last month on the automated system and was declined. I have a $200 medical lab bill on my TU which isn't on my other bureaus. They ran Experian to open my account.

The rep I talked to did a soft pull and said I was declined. I asked to speak to an analyst and this real b****. got on the phone. I told her that I needed a limit increase to maybe $1000 because the limit is too small for my needs, I have paid you off rapidly and on time and that Discover is the lowest limit card in my wallet, that I have an Am Ex card with a $15,000 limit, that I would like to use the card more but need more spending ability.

She told me my credit history is too new mentioned the collection and said we only give small limit increases here. We don't raise cards from $500 to $10,000. That there was a reason why my limit started so low. I asked her when I am able to see an increase and she said she didn't know.

I told her that if I can't see any limit increase now or in the future to reward my payment history and give me reason to use Discover instead of other accounts with more spending power I just may as well close the account. That I wasn't asking for a huge increase.

She asked me if I want her to transfer me to customer service so they could close the account for me. I told her no I will give you a few months to make this right and to make a notation of that on my file. She said fine, and I hung up.

If a lender is unwilling to give a customer a limit increaseof a few hundred measly dollars when they have paid on time and have substantially more credit with other lenders, why even do business with them. That damned Discover card will never be worth carrying. I always have $500 cash in my pocket. Why bother with that piddly card that obviously will never grow into a limit worth a damn!

i knew what they were about after being in this forum, but their ultra conservative ways and not giving a damn attitude is insulting to me. They could have given me a $300 increase. If it were my business I wouldn't want to be the lowest card on a customers bureau if he is paying well.

even for people with 750+ scores, 95 out of 100 of them don't have Discover cards that match their highest limit cards.

Discover you can go straight to hell!!!!!!!! The card is in the sock drawer.

Re: Discover sucks!

Blodreina — Thu, 16 Apr 2015 19:38:37 GMT

What did you expect?

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 19:39:04 GMT

LOL, you got approved so why do they suck? The low limit? if so don't worry they are pretty good about CLIs as long as you maintain a good relationship with them.

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 19:40:07 GMT

@Anonymous wrote:
I received a pre screened app for them in Dec and got the card with a $500 limit. My credit file history only dates to 6/14 and I built it with au cards I opened for my elderly mom that month.

So, is this an approval?

Re: Discover sucks!

uswala — Thu, 16 Apr 2015 19:51:45 GMT

@Anonymous wrote:
LOL, you got approved so why do they suck? The low limit? if so don't worry they are pretty good about CLIs as long as you maintain a good relationship with them.

Congrats on the approval!

Re: Discover sucks!

chrisw1968uk — Thu, 16 Apr 2015 19:54:33 GMT

keep your nose clean and treat them right - i went from 1k to $8800 with them in about 18 months all sp's. Congrats on the approvals. Remember, big Oaks start off as little acorns

Re: Discover sucks!

ojefferyo — Thu, 16 Apr 2015 19:57:13 GMT

@Anonymous wrote:
I received a pre screened app for them in Dec and got the card with a $500 limit. My credit file history only dates to 6/14 and I built it with au cards I opened for my elderly mom that month.

Also keep in mind that some CCC don't care if you are AU on cards. They don't take that into consideration.

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 20:02:43 GMT

@ojefferyo wrote:
@Anonymous wrote:
I received a pre screened app for them in Dec and got the card with a $500 limit. My credit file history only dates to 6/14 and I built it with au cards I opened for my elderly mom that month.
Also keep in mind that some CCC don't care if you are AU on cards. They don't take that into consideration.

This ^^^^ Honestly you could have easily been denied based on that fact alone. But hey if they still suck for approving you when you basically have zero history of your own then so be it lol Congrats?

Re: Discover sucks!

EW800 — Thu, 16 Apr 2015 20:02:45 GMT

I think this is the first time I have seen a "they approved me - they suck" message!

I agree with others. Treat the card well and it will treat you well! Discover has been very generous with people recently.

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 20:12:25 GMT

As others said, be thankful they approved you for something as it could have been easily denial. Your foot is in the door now just treat the card good an it will treat you good. Congratulations again OP.

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 20:17:00 GMT

My Discover is one of my oldest cards, and for the first few years they were stingy with CLI's and such. Recently my card has gone up to 2650, and I hope it sees more fairly soon. However they will open up with limits, I know my mother goes through 10k-20k a month on her Discover and she makes one payment a month so her limit can support that.

They do seem to be a lot tighter with limits to start, but as others have stated recently they appear to be more willing to give CLI's, hopefully a sign of change for them going forward.

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 20:23:35 GMT

I agree with you 100 percent. These big credit card companies forget that WE bailed them out in 2008/2009 and without getting out tax money lots of them would have went under. They made bad credit decisions just like we do sometimes and the difference is that the goverment wiped there credit clean overnight but we have to SUFFER for 7 years and they don't. Our credit system here is crazy and ONLY benefits the Collection Companies and Big credit card companies and not americans. It is crazy Discover would not even consider like $200-300 bucks!

I would keep them for a full 2 years so it looks good for reporting and AAoA and cancel that sucker out. Makes me wanna cancel my Discover it!

Re: Discover sucks!

fedxboy — Thu, 16 Apr 2015 20:37:55 GMT

@Anonymous wrote:
I received a pre screened app for them in Dec and got the card with a $500 limit. My credit file history only dates to 6/14 and I built it with au cards I opened for my elderly mom that month.

I have built $29,000 in credit since then ( not counting the $7000 BBVA card I just got approved for Monday). Paid the card off and made a few more charges on it and even though I am aware Discover is a stingy lender for some reason we need to find out about, decided to call them for a cli. I tried last month on the automated system and was declined. I have a $200 medical lab bill on my TU which isn't on my other bureaus. They ran Experian to open my account.

The rep I talked to did a soft pull and said I was declined. I asked to speak to an analyst and this real b****. got on the phone. I told her that I needed a limit increase to maybe $1000 because the limit is too small for my needs, I have paid you off rapidly and on time and that Discover is the lowest limit card in my wallet, that I have an Am Ex card with a $15,000 limit, that I would like to use the card more but need more spending ability.

She told me my credit history is too new mentioned the collection and said we only give small limit increases here. We don't raise cards from $500 to $10,000. That there was a reason why my limit started so low. I asked her when I am able to see an increase and she said she didn't know.

I told her that if I can't see any limit increase now or in the future to reward my payment history and give me reason to use Discover instead of other accounts with more spending power I just may as well close the account. That I wasn't asking for a huge increase.

She asked me if I want her to transfer me to customer service so they could close the account for me. I told her no I will give you a few months to make this right and to make a notation of that on my file. She said fine, and I hung up.

If a lender is unwilling to give a customer a limit increaseof a few hundred measly dollars when they have paid on time and have substantially more credit with other lenders, why even do business with them. That damned Discover card will never be worth carrying. I always have $500 cash in my pocket. Why bother with that piddly card that obviously will never grow into a limit worth a damn!

i knew what they were about after being in this forum, but their ultra conservative ways and not giving a damn attitude is insulting to me. They could have given me a $300 increase. If it were my business I wouldn't want to be the lowest card on a customers bureau if he is paying well.
.
even for people with 750+ scores, 95 out of 100 of them don't have Discover cards that match their highest limit cards.

Discover you can go straight to hell!!!!!!!! The card is in the sock drawer.

@Around 5 years ago, I had a $90 dollar charge off from Blair -- lol and I couldn't get a Discover. They told me to reapply when it falls off. I wasn't happy either, but eventually they sent me a pre-approval last year 6/14. 3500 @ 0% for 18 months and then 14.99%. Now my CL, as of today....(thanks to that other thread) is at 6400. I like Discover personally, sorry they aren't working for you!

Re: Discover sucks!

onstar — Thu, 16 Apr 2015 20:38:53 GMT

@Anonymous wrote:
I received a pre screened app for them in Dec and got the card with a $500 limit. My credit file history only dates to 6/14 and I built it with au cards I opened for my elderly mom that month.

They approved you when your history is that short? Wow, they did you a huge favor.

She told me my credit history is too new mentioned the collection and said we only give small limit increases here. We don't raise cards from $500 to $10,000. That there was a reason why my limit started so low. I asked her when I am able to see an increase and she said she didn't know.

This is the standard operating procedure for most creditors. Amex giving you a $15K line (if that is indeed true) is the anomaly.

Assuming everything you wrote is true, then I say Kudos to Discover for being financially responsible.

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 20:40:37 GMT

I apologize my finger hit the post button before I finished typing so you didn't read my entire post.

I know credit granting criteria varies for different people based on where you live, your age, income, etc. I follow what I learn on these forums to take calculated risks in applying for credit.

I know some of you guys have had recent cli's with Discover, but everyone can't expect the same results. I don't know if Discover is less capitalized than other credit card issuers to cause them to be more cautious on how they use money and grant credit, but I am not willing to wait a year or more to "see" if I can get a small cli. They disrespected me and I will focus on lenders who are more workable to borrowers like me who are trying to move from the mid to upper 600's into the 700 league.

Re: Discover sucks!

One7 — Thu, 16 Apr 2015 20:42:00 GMT

I agree with you OP I dislike Discover, had them for over 2 years and they wont give me a CLI. Their fraud department sucks too by the way dont believe their commercials. I'll most likely be ditching them soon unless they give me something. All my other cards have doubled, tripled and some 10x CLId me.

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 20:43:23 GMT

Discover was the first prime lender to give me a chance (AMEX was already in the picture for years) at the beginning of my AOR back in September.

It's all in the profile and with as thin as yours is you should be as thankful that they gave you a chance as I was. Have your other cards even reported yet? It could be all the newly established credit that made your approval limit smaller. What about income?

Do what you want to with the card as that is your prerogative.

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 20:45:31 GMT

I got the card in December so it is 4 months old. I read on the forums that it is eligible for cli at 90 days so I thought I would go for it fully realizing if I got one it would be small. But they declined me with a response that made me feel my credit is crap and they wish they never gave me the card. Not like other lenders who may say just wait a few months and keep paying on time and we'll take care of you.

Re: Discover sucks!

fedxboy — Thu, 16 Apr 2015 20:51:46 GMT

Swampy99 wrote:
I got the card in December so it is 4 months old. I read on the forums that it is eligible for cli at 90 days so I thought I would go for it fully realizing if I got one it would be small. But they declined me with a response that made me feel my credit is crap and they wish they never gave me the card. Not like other lenders who may say just wait a few months and keep paying on time and we'll take care of you.

Ahhh, so the card is 3.5 or 4 months old.......They didn't give me a CLI at 3 months either. Ymmv *Edit: They gave me an auto cli after 6 months of 750 -- had to look at my records or word doc where I keep my progress

Re: Discover sucks!

Anonymous — Thu, 16 Apr 2015 20:50:05 GMT

@Anonymous wrote:
I got the card in December so it is 4 months old. I read on the forums that it is eligible for cli at 90 days so I thought I would go for it fully realizing if I got one it would be small. But they declined me with a response that made me feel my credit is crap and they wish they never gave me the card. Not like other lenders who may say just wait a few months and keep paying on time and we'll take care of you.

I got no CLI's for 5 months and only when I initiated a small BT, did I get a $200

Yes. $200 Auto-CLI.