topic What were your first 3 Discover card statement balances? in Credit Cards

What were your first 3 Discover card statement balances?

Anonymous — Tue, 27 Oct 2015 08:26:43 GMT

Hey guys, I'm trying to test my theory. Can everyone with a new discover card (opened 2014-present) answer these questions?

What were your first 3 Discover card statement balances?

Did you receive a CLI after the 3rd statement?

(I'm gathering info. for a data point)

Re: What were your first 3 Discover card statement balances?

Discover2016 — Tue, 27 Oct 2015 09:20:02 GMT

Sure glad to help, I was approved for my Discover in September 2014 original CL $500. My first month balance was $430, second month 480, third month 470. That was before I knew about util! No auto CLI received until 8th month.

Re: What were your first 3 Discover card statement balances?

Anonymous — Tue, 27 Oct 2015 09:21:38 GMT

@Discover2016 wrote:
Sure glad to help, I was approved for my Discover in September 2014 original CL $500. My first month balance was $430, second month 480, third month 470. That was before I knew about util! No auto CLI received until 8th month.

Thank you!

When did you receive a user requested CLI? And at which months/how much? (excluding auto-cli)

Re: What were your first 3 Discover card statement balances?

Discover2016 — Tue, 27 Oct 2015 09:27:20 GMT

My first user requested CLI was very recent, earlier this month (12th statement) it went from $1,400 to $2,900. I also recieved a second auto CLI a month after my first one.

Re: What were your first 3 Discover card statement balances?

Imperfectfuture — Tue, 27 Oct 2015 11:01:29 GMT

Don't have my balances, got the regular cli of 500 beginning of September, like everyone else. . It's sorta every 90 days, if you want more. I was carrying balance, think it got to over 700, still 0%, but almost paid off now.

Off topic, feeling proud. SimplyCash paid off, discover paid off this month, BCE paid off (though 0% runs out January). Just 3 cards with balances at 0% for long time (two until 2017).

Re: What were your first 3 Discover card statement balances?

Anonymous — Tue, 27 Oct 2015 11:46:13 GMT

Congrats, iF!

First statement: 1178/3000

Second statement: 36/3000

Third statement: 72/3000

I received a $300 (10%) CLI before the 6th statement. The intervening statements were also pretty low ($16/$51/$132).

Re: What were your first 3 Discover card statement balances?

takeshi74 — Tue, 27 Oct 2015 12:33:40 GMT

@Anonymous wrote:
Hey guys, I'm trying to test my theory. Can everyone with a new discover card (opened 2014-present) answer these questions?

I can save you the trouble. Usage doesn't have the impact everyone tends to assume that it has and without considering all other factors at play (i.e each person's credit profile at time of CLI) the analysis won't mean much. CLI's are primarily determined by what one's credit and income qualify for at time of consideration.

But FWIW:

@Anonymous wrote:
What were your first 3 Discover card statement balances?

$1,504.24

$1,636.07

$1,599.69

@Anonymous wrote:
Did you receive a CLI after the 3rd statement?

Yes, $4,500 at my request.

@Anonymous wrote:
(I'm gathering info. for a data point)

You're gathering more than just one data point by polling like this. I.e. my post is a data point,

Re: What were your first 3 Discover card statement balances?

Anonymous — Tue, 27 Oct 2015 12:33:31 GMT

1) 139.00 / 3500

2) 215.84 / 3500

3) 229.70 / 5000

Got the 1500.00 increase (requested) a week or two before the third statement.

Re: What were your first 3 Discover card statement balances?

Anonymous — Tue, 27 Oct 2015 14:17:04 GMT

@Discover2016 wrote:
Sure glad to help, I was approved for my Discover in September 2014 original CL $500. My first month balance was $430, second month 480, third month 470. That was before I knew about util! No auto CLI received until 8th month.

+1 same numbers and everything.

Auto CLI after 18 months to 1000.

Re: What were your first 3 Discover card statement balances?

mariposa7678 — Tue, 27 Oct 2015 14:05:32 GMT

my original CL is 5000 of course I opened the account mid Sept spent $328.00 paid it before the statement was cut,

Re: What were your first 3 Discover card statement balances?

axlm — Tue, 27 Oct 2015 14:06:04 GMT

Here you go, all of my CLIs and corresponding balances on statement cut. Opened Jan/2015 with $2,500:
2/2015: $120
3/2015: $80
4/2015: $161 CLI $500 (don't remember exactly if it was after/before 3rd statement)
5/2015: $216 CLI $1,000 (after that month statement)
6/2015: $778 CLI $1,000 (before that month statement)
7/2015: $2115
8/2015: $1057
9/2015: $544 CLI $3,000 (after that month statement)

No auto-CLI ever, all user-initiated and SP. Let us know what your findings are!