topic Re: Discover Cli request!! Need advice in Credit Cards

Discover Cli request!! Need advice

Anonymous — Sat, 13 Jun 2015 04:13:27 GMT

I've had my discover card three months. A rep told me about a month ago to wait till you have had the card for three months then try for cli. I went on tonight and it asked me for income, name of employer and housing expense. I put it all in and then a page popped up asking to confirm my phone number and that they may need additional info in which a rep would call and they may have to look at my credit. I'm assuming if I click ok (which I didn't, I cancelled it) that it would be a hard pull? It also said it may take 2 days. I have a SL of 1600, 660 scores across the board, 17k avail credit with capital one, car lease, 0 percent uti, and I spend little on my discover card but would spend a lot more if I had a higher limit. I make atleast 1 payment a week to all my cards. What should I do? Click continue for the Cli or call or wait?? I haven't had any late payments in over 3 years, 2 old collections for 2008 and that's all. Actually my eq says 656 right now on discover, 672 on transunion

Re: Discover Cli request!! Need advice

baller4life — Sat, 13 Jun 2015 04:25:29 GMT

Looks like your account isn't eligible yet for a sp cli. The only two choices you have is to keep trying to get the sp increase or take the hp for your first increase. Then you should be able to hop aboard the Discover cli train. Some have reported having to take a hp first. I kept getting that message for 10 months before I ever got my first sp increase. Under this new cli policy it has been reported that between 61 and 90 days of account opening you become eligible for a sp increase. Sometimes with Discover it takes patience. Then once you get your first one, you can hit the button every 16 or 17 days.

Re: Discover Cli request!! Need advice

Anonymous — Sat, 13 Jun 2015 04:39:00 GMT

Thanks baller. Good info. Now if I could just get cap one to give me an increase on my qs. It's at 5500 now but I got an auto increase of 500 last month and 3 months prior to that I requested and got a 2k increase when the card was only 2 months old!! My venture is at 13k now

Re: Discover Cli request!! Need advice

Anonymous — Sat, 13 Jun 2015 04:53:28 GMT

@baller4life wrote:
Looks like your account isn't eligible yet for a sp cli. The only two choices you have is to keep trying to get the sp increase or take the hp for your first increase. Then you should be able to hop aboard the Discover cli train. Some have reported having to take a hp first. I kept getting that message for 10 months before I ever got my first sp increase. Under this new cli policy it has been reported that between 61 and 90 days of account opening you become eligible for a sp increase. Sometimes with Discover it takes patience. Then once you get your first one, you can hit the button every 16 or 17 days.

Hey baller, what's a good card to apply for besides chase Barclays discover capital one, and Amex lol. based on my stats above. You seem to be pretty knowledgeable.

Re: Discover Cli request!! Need advice

hsspres — Sun, 14 Jun 2015 04:21:09 GMT

@baller4life wrote:
I kept getting that message for 10 months before I ever got my first sp increase.

What determination for an SP. Way to 'stick it out'.

Re: Discover Cli request!! Need advice

baller4life — Sun, 14 Jun 2015 10:50:39 GMT

Are you a member of a CU creditman? Always good to one or two in your back pocket. Also, Bank of America is good. Check their cards out. Citi also has the Double Cash. I'm a big fan of diversification. I have lots of different lenders in my portfolio.

Re: Discover Cli request!! Need advice

Anonymous — Sun, 14 Jun 2015 14:18:51 GMT

@baller4life wrote:
Are you a member of a CU creditman? Always good to one or two in your back pocket. Also, Bank of America is good. Check their cards out. Citi also has the Double Cash. I'm a big fan of diversification. I have lots of different lenders in my portfolio.

I am not a member of a credit union. Which one should I go with? I have no military background or family members so the nvcu is out I think.

Re: Discover Cli request!! Need advice

Luscher — Sun, 14 Jun 2015 14:42:17 GMT

DCU and Penfed are awesome, or any local CU that fits your needs

Re: Discover Cli request!! Need advice

baller4life — Sun, 14 Jun 2015 14:43:48 GMT

Penfed if your EQ is in good shape. NASA have been good to a lot. Pita for some. They sp EX if you join first then apply for products. A local one would be nice to add to your arsenal as well.

Re: Discover Cli request!! Need advice

Anonymous — Sun, 14 Jun 2015 14:52:23 GMT

I've heard a lot of people needing the first CLI from Discover being a HP and then SP after that.

The luv button wasn't even an option for me for an entire year. I started with a $1800 limit, and they auto-increased it to $3500 after exactly one year.

Then the luv button appeared and it wouldn't go through unless I agreed to a HP. Bam - instant $6500. After that it's been SP CLI every 17 days and I'm at $9500 now...

So I don't know if I'd personally allow another hard pull after only 3 months unless scores and things have improved...

Re: Discover Cli request!! Need advice

Anonymous — Sun, 14 Jun 2015 17:02:39 GMT

Whats the highest discover IT cl you have seen? 30k?

Re: Discover Cli request!! Need advice

Anonymous — Sun, 14 Jun 2015 17:18:07 GMT

@baller4life wrote:
Penfed if your EQ is in good shape. NASA have been good to a lot. Pita for some. They sp EX if you join first then apply for products. A local one would be nice to add to your arsenal as well.

My equifax is great. Do I have to have a checking or savings account to apply for a card? Do I need to be a member of the govt or something? I'm on the website can't really find much info about joining

Re: Discover Cli request!! Need advice

Luscher — Sun, 14 Jun 2015 17:38:49 GMT

No, you can just join one of the affiliate organizations and then your good to go. A lot of CU's are like that now

Re: Discover Cli request!! Need advice

baller4life — Sun, 14 Jun 2015 17:45:18 GMT

OMG great EQ. Definitely join Penfed! Just join one of the two organizations they offer. Once you become a member,pick whichever card you like best. Promise is a great low apr card! Penfed is one of the best CUs out there. I'm joining as soon as my EQ is clean.

Re: Discover Cli request!! Need advice

Anonymous — Sun, 14 Jun 2015 21:32:35 GMT

@baller4life wrote:
Penfed if your EQ is in good shape. NASA have been good to a lot. Pita for some. They sp EX if you join first then apply for products. A local one would be nice to add to your arsenal as well.

Baller I just checked the status online and it switched from pending to approved!! It doesn't say the cl or anything. Thanks again for your recommendation

Re: Discover Cli request!! Need advice

baller4life — Sun, 14 Jun 2015 21:36:44 GMT

SWEET!!!! Congrats. You could call and ask amount if you want

Re: Discover Cli request!! Need advice

Anonymous — Sun, 14 Jun 2015 21:39:24 GMT

Just tried. They are closed now. It says 15.99 apr though. The lady said the most it can be is 23

Re: Discover Cli request!! Need advice

Anonymous — Sun, 14 Jun 2015 21:42:23 GMT

Woooooooo

Congratulations!

Your application has been approved for a credit line of $20,500.00 with a purchase and cash advance APR of 15.99%.

Re: Discover Cli request!! Need advice

baller4life — Sun, 14 Jun 2015 21:43:40 GMT

Congratulations!!! What I tell ya? I knew it!! Awesome!!!!

Re: Discover Cli request!! Need advice

Anonymous — Sun, 14 Jun 2015 21:49:37 GMT

@baller4life wrote:
Congratulations!!! What I tell ya? I knew it!! Awesome!!!!

You were right. I've never even heard of penfed before you mentioned it. You are the man!