topic Re: When Can You Request Discover CLI? in Credit Cards

When Can You Request Discover CLI?

Repairman — Mon, 11 Apr 2016 00:14:03 GMT

How soon after opening a Discover Card can you ask for a credit limit increase? And how soon after being granted a cli with Discover, can you request another? Also, what is the general auto credit limit increase situation like with Discover?

Re: When Can You Request Discover CLI?

myjourney — Mon, 11 Apr 2016 00:07:01 GMT

Honestly Discover has no set rules

You can try at any time since it's a SP or they''ll give you a warning of a HP at which time you can cancel

The general rule is every 3 months YMMV tho

Re: When Can You Request Discover CLI?

Anonymous — Mon, 11 Apr 2016 00:12:12 GMT

I was approved for the Discover IT in February and my first statement cut in March. I applied for a CL increase and my request was not approved. I think it is because my account is too new. Based on what I have seen in the forum I need to wait until 90 days to apply.

Re: When Can You Request Discover CLI?

Repairman — Mon, 11 Apr 2016 00:12:15 GMT

@myjourney wrote:
Honestly Discover has no set rules
You can try at any time since it's a SP or they''ll give you a warning of a HP at which time you can cancel
The general rule is every 3 months YMMV tho

I was just approved yesterday with a $7500 limit, but would like a larger limit as I'm doing a $7000 blance transfer. Do you think there's any chance of me getting approved for a higher limit immediately? If so, how would you reccommend I request? Online chat? Phone? Or wait until I actually get the card and request online through the love button?

Re: When Can You Request Discover CLI?

myjourney — Mon, 11 Apr 2016 00:15:05 GMT

@Repairman wrote:
@myjourney wrote:
Honestly Discover has no set rules
You can try at any time since it's a SP or they''ll give you a warning of a HP at which time you can cancel
The general rule is every 3 months YMMV tho
I was just approved yesterday with a $7500 limit, but would like a larger limit as I'm doing a $7000 blance transfer. Do you think there's any chance of me getting approved for a higher limit immediately? If so, how would you reccommend I request? Online chat? Phone? Or wait until I actually get the card and request online through the love button?

You can try but Discover likes to start slow and then join in a marathon

Re: When Can You Request Discover CLI?

Anonymous — Mon, 11 Apr 2016 00:37:17 GMT

A Customer rep recently told me Discover does account reviews for cli twice per year. February and August only. Not sure how true or if anyone has seen that trend.

Re: When Can You Request Discover CLI?

SouthJamaica — Mon, 11 Apr 2016 01:18:09 GMT

@Repairman wrote:
How soon after opening a Discover Card can you ask for a credit limit increase? And how soon after being granted a cli with Discover, can you request another? Also, what is the general auto credit limit increase situation like with Discover?

There are no set intervals. But there's never any harm done in pulling the luv button, it's a soft pull and they don't care.

I've received CLI at intervals of 92 days, 20 days, and other intervals in between.

Re: When Can You Request Discover CLI?

Anonymous — Mon, 11 Apr 2016 01:24:52 GMT

Like already posted, I've read that the magic number is 90 days. You can try whenever... I've tried twice, denied both times because my account is too new.

Re: When Can You Request Discover CLI?

Anonymous — Mon, 11 Apr 2016 01:26:09 GMT

@Repairman wrote:
How soon after opening a Discover Card can you ask for a credit limit increase? And how soon after being granted a cli with Discover, can you request another? Also, what is the general auto credit limit increase situation like with Discover?

I received my first CLI (from $1,000 to $4,000) just after my third statement cut (so, around 80+ days of opening the account). My second CLI was 30 days later (after my 4th statement) to $7,000. I tried again after the 5th statement, but it was not approved. Tried again after the 6th, and got the limit increased to $10,000. As others have mentioned: you can try anytime. There is no harm. If they need to do a hard pull, they will ask for your authorization.

Joster

Re: When Can You Request Discover CLI?

Anonymous — Mon, 11 Apr 2016 02:08:56 GMT

@Anonymous wrote:
A Customer rep recently told me Discover does account reviews for cli twice per year. February and August only. Not sure how true or if anyone has seen that trend.

I don't believe that is accurate as I received an auto CLI in June of 2015. Maybe the representative was confused.

Re: When Can You Request Discover CLI?

DoroLucky — Mon, 11 Apr 2016 15:23:12 GMT

My first statement cut last week, tried for a CLI today and NOPE, but I knew that LOL. I'll wait.

Re: When Can You Request Discover CLI?

Anonymous — Mon, 11 Apr 2016 15:39:31 GMT

Very good to know..I just opened a account as well

Re: When Can You Request Discover CLI?

Anonymous — Sun, 04 Dec 2016 19:23:37 GMT

@DoroLucky

I have a new account as well that I opened last October. My SL is $4500 and now so eager to push the Luv Botton for CLI.

Maybe I will try to wait it out till Feb of next yr.

Re: When Can You Request Discover CLI?

austinguy907 — Sun, 04 Dec 2016 22:00:21 GMT

You can read all about it here ---->>> http://ficoforums.myfico.com/t5/Credit-Cards/Discover-unOfficial-Data-Points/td-p/4802538

Re: When Can You Request Discover CLI?

Makersmark23 — Sun, 04 Dec 2016 22:57:32 GMT

I started with Discover about 4 years ago with a 7k limit. I have SP CLI'd from time to time since then and am now at $30,500 on my IT card. Just keep the train going, you can certainly grow the CL over time.

Re: When Can You Request Discover CLI?

Anonymous — Mon, 05 Dec 2016 03:06:41 GMT

My account opened on august 7. Denied 9/17 and 10/17. upped 500 bucks on 11/17. No auto increase at 90 days. First month put 1300 thru it. Next month 11 bucks. Third month 11 bucks. This month will be about 1500ish. Ill try again on 12/17.

Re: When Can You Request Discover CLI?

austinguy907 — Mon, 05 Dec 2016 03:10:49 GMT

Mikpsdad1 - Eveyr month is easy to keep up with. Getting a $500 might mean something though. 11/mo should garner more than $500 CLI. Do you have more stats about your accuont like the opening limit? TU score trend? Have you taken a look at my unofficial guide yet for Discover?

Re: When Can You Request Discover CLI?

bk510 — Tue, 06 Dec 2016 15:26:01 GMT

@Anonymous wrote:
My account opened on august 7. Denied 9/17 and 10/17. upped 500 bucks on 11/17. No auto increase at 90 days. First month put 1300 thru it. Next month 11 bucks. Third month 11 bucks. This month will be about 1500ish. Ill try again on 12/17.

I've been getting my CLI's anywhere between every 30 to 90 days....Never have pushed the button within 30 days after any CLI's.

My CLI's have been $300, $500, $2300, But my last CLI was back to $500 2 weeks ago, go figure.

SL was 1.6K and now 7.3K. BTW, I have never swiped the card since opening. I'm on a 2nd balance transfer offer.(18months 4.99%)

Re: When Can You Request Discover CLI?

lsutigers — Wed, 04 Jan 2017 21:52:26 GMT

It never hurts. My it card started at 2500 3 years ago its now at 20,500. Never a hard pull ive also got them to lower my apr a few times

Re: When Can You Request Discover CLI?

Shiny1 — Sat, 08 Apr 2017 07:12:11 GMT

You were completely right! I opened this account on 12/16 and requested my first CLI 4/17. Approved for only a $300 increase....It was well worth it because they didn't do a hard pull...Thanks for the accurate advice! The hard pull was my only concern and not how much the increase would be.