topic Re: Discover cli in Credit Cards

Discover cli

Anonymous — Tue, 11 Sep 2018 12:07:37 GMT

3rd statement just dropped, and requested cli, but they only offered $500, should I take it or leave it. I didnt put any crazy spend on this card. Current CL is $4000. Would I get a lot more if I wait it out?

Re: Discover cli

Shadowfactor — Tue, 11 Sep 2018 12:13:13 GMT

With discover

It’s SP CLI’s so you might as well take it since there is no clock and you can ask whenever you want.

Re: Discover cli

Anonymous — Tue, 11 Sep 2018 12:33:24 GMT

May as well take it. Continue to request CLIs monthly after your statement period ends and you see your FICO score update on their site. Eventually you'll get something > $500.

Re: Discover cli

CreditInspired — Tue, 11 Sep 2018 12:36:49 GMT

If it was an instant approval, call and do the double dip. This is when you request a higher CLI with a SP. If they say they will have to do a HP, decline the HP.

Re: Discover cli

Anonymous — Tue, 11 Sep 2018 14:50:21 GMT

Discover is my favorite card I love how the CLI are soft inquiries I say take the $500 just keep using your card and try them again later on.
I remember I was home one day bored said what the hell let me try another increase mind you I just did one four weeks earlier bam they gave me $700 increased.
I've had my card for about 18 months started out with a limit of $1400 it's up to $19,000 right now and my fico scores are slightly worse than yours.
I got nothing but love for discover my last CLI was a couple months ago from $14,000 to $19,000.

Re: Discover cli

masscredit — Tue, 11 Sep 2018 15:04:24 GMT

I received my Discover card with a $6000 limit in February. Requested a CLI online after 3 months and received $500. Was kind of disappointed by that but I'll take any positive movement. I requested another one 3 months after that. Another $500. Neither of these was instant. I received a message saying I'd receive an answer in a few days. I think I'm going to start trying every month. From a lot of the posts that I've read, it looks like it can grow to a healthy limit. My goal is $10K+.

Re: Discover cli

masscredit — Tue, 11 Sep 2018 17:03:52 GMT

@CreditInspired wrote:
If it was an instant approval, call and do the double dip. This is when you request a higher CLI with a SP. If they say they will have to do a HP, decline the HP.

Is it better to call in vs online?

Re: Discover cli

CreditInspired — Tue, 11 Sep 2018 17:25:56 GMT

For a double dip, always call in right after the instant approval because you want to ensure it’s a SP.

Re: Discover cli

Anonymous — Tue, 11 Sep 2018 17:40:25 GMT

I would accept it and try again in a few months. When I first had my Discover my increases were small but eventually I would get increases in the the thousands.

Re: Discover cli

masscredit — Thu, 27 Sep 2018 23:34:55 GMT

The last time I tried for a Discover CLI was Aug 4th. It wasn't an instant approval. I got the two day message. I was rewarded with a $500 increase. I tried again on Tuesday. That was 7 weeks after the last increase. I logged in a few minutes ago to see that my they have added $2700 to my limit. It's now $9700. It's growing nicely!

Re: Discover cli

Anonymous — Fri, 28 Sep 2018 14:41:23 GMT

My Discover it started at $10K. Never asked for a CLI. They bumped it to $13K, then just recently to $16K. **bleep**!!

Re: Discover cli

kshurika — Fri, 28 Sep 2018 19:32:18 GMT

My Discover It experience is a little bit different from what others have posted. I got the card in beginning of February, with an SL of 6K. 4 months later I applied for a CLI and got my SL doubled to 12K. Immediately after, I called the double dip line and spoke to a CSR. He explained that there would have to be an HP, but it would be on TU, where I had no HPs at all. I okayed it and got another 2K.

It's been 4 months since then, but, I have a 7K balance on the card from balance transfers. It's still at 0% APR. I want that zeroed out before I apply again for the CLI. Being in the garden, I'm in no hurry.

Re: Discover cli

Np1791 — Fri, 28 Sep 2018 19:55:41 GMT

@CreditInspired wrote:
If it was an instant approval, call and do the double dip. This is when you request a higher CLI with a SP. If they say they will have to do a HP, decline the HP.

Why decline the hardpull? I have gone from 7K to 15.5K with a hardpull with Discover and most recently from 15.5K to 21K. The hardpull has always paid off from my experience with Discover.

Re: Discover cli

Anonymous — Fri, 28 Sep 2018 19:59:35 GMT

@Np1791 wrote:
@CreditInspired wrote:
If it was an instant approval, call and do the double dip. This is when you request a higher CLI with a SP. If they say they will have to do a HP, decline the HP.
Why decline the hardpull? I have gone from 7K to 15.5K with a hardpull with Discover and most recently from 15.5K to 21K. The hardpull has always paid off from my experience with Discover.

I'm sure that was meant only in the event OP is avoiding HPs for any reason.

Re: Discover cli

masscredit — Fri, 28 Sep 2018 20:13:13 GMT

All 3 of my CLIs have come after a 2 day message. The first two were $500. and then this one for $2700. I'm avoiding HPs until my BK falls off. I want to see how high my scores will go. Generally I wouldn't take a HP for a CLI. That might only provide me with a few thousand while a HP for a few card could be good for $10K+.

Re: Discover cli

dynamicvb — Fri, 28 Sep 2018 21:47:44 GMT

Sort of of topic, but this thread sounds like you should request a cli with this card at 3 months. This was something I did not know. I got this card a couple of months ago and had not really thought of when to ask for one. I got a decent SL of 12k from the start so was not thinking I should tempt them anymore.

what are everyone’s thoughts? Do most request them or just wait for an increase to be offered? My TU score is almost 80 points higher than when I was approved, but I don’t think they pulled that one on the initial approval anyway so not sure if it matters.

Re: Discover cli

dynamicvb — Fri, 28 Sep 2018 21:52:10 GMT

@Anonymous wrote:
My Discover it started at $10K. Never asked for a CLI. They bumped it to $13K, then just recently to $16K. **bleep**!!

How old was the account before they just gave you one?

Re: Discover cli

Anonymous — Fri, 28 Sep 2018 23:20:57 GMT

I had a $6000 SL instant approval when I first got my card. It was the smallest SL of all my cards but I used it for everything and PIF for 3 months then hit the love button and got $3000 CLI. I dont know if was the spend or not, I was just trying to maximize the cash match for the year.

Re: Discover cli

CreditInspired — Sat, 29 Sep 2018 10:23:27 GMT

Congrats @NP on your HP successes.

For me personally, I don’t want the inquiries if I can escape them. 😁

My DiscoIT has grown from SL $3K to $13.5K—all SP instant CLIs and a couple of DD—from Dec 2016 to Sep 2018.

Yep, love keeping those inqs @ bay 😂

Re: Discover cli

Anonymous — Wed, 03 Oct 2018 20:45:13 GMT

I would take it. When my 3rd statement cut they auto increased my limit by $800.00. I then immediatly went to their website and pushed the luv button and they gave me $300.00 more.