topic Re: Disco luv decline offer in Credit Cards

Disco luv decline offer

Jnbmom — Fri, 03 May 2019 19:32:13 GMT

With all the disco luv recently and the moon and stars that aligned for @AJC I am curious if anyone has experience with declining their offer and waiting for a better outcome?

They offered 500 to me and I declined and was hoping if I waited it might turn into more.

Just wondering if anyone else has done this and been successful and if so how long was the process? Also holding out and maybe combining my cards to get a single better line and think that is possible with a CLI on the table? Just keeping that option open.

Thanks

Re: Disco luv decline offer

AverageJoesCredit — Fri, 03 May 2019 19:35:00 GMT

There have been a person or two or have done this. Lol, i myself can no way afford to decline a standard cli for my weight class. I salute all you declinees. You all have bigger Disco Balls than i do.

Re: Disco luv decline offer

Jnbmom — Fri, 03 May 2019 19:37:52 GMT

@AverageJoesCredit wrote:
There have been a person or two or have done this. Lol, i myself can no way afford to decline a standard cli for my weight class. I salute all you declinees. You all have bigger Disco Balls than i do.

😂😂

Oh the weekend is young lol, with my first card I get 300 increments every 4 months or so. Now atleast this card is starting at 500, so doing better I suppose.

Re: Disco luv decline offer

AverageJoesCredit — Fri, 03 May 2019 19:41:35 GMT

The problem i see with declining one is there is no set way to determine when the next offer will be available.

Re: Disco luv decline offer

Anonymous — Sat, 04 May 2019 02:09:56 GMT

I want to know about this tooo. Anyone?

Re: Disco luv decline offer

M_Smart007 — Sat, 04 May 2019 02:20:16 GMT

@Jnbmom wrote:
They offered 500 to me and I declined

I took The $500

as i had not had a CLI in Many a Moons.

but also note; it was in the Sock Drawer for a loooooong time.

Re: Disco luv decline offer

joltdude — Sat, 04 May 2019 12:34:44 GMT

I'v asked about this in a past thread...

I'm curious to someone who has done this and the outcome....

If I were to do this myself... id refuse the CLI, and then try again in possibly 3-6 months.... Unless an autocli happened ....

This is my thought on this.. Note its not probably how it works with Miss Disco and completely hypothetical....

Declining a smaller CLI would appear to me if i was a human underwriter... that you arent desprate for it and don't "need it badly".... so next time around you ask for one. barring other parameters say yes.. I'd be likely to give you a bit more.. And this is how Cap One used to work at one point.. Not sure as of late...

Remember this is completely magic 8 ball/woo/prediction land im talking in regards to Miss Disco. YCMV

-J

Re: Disco luv decline offer

joltdude — Sat, 04 May 2019 12:39:34 GMT

@AverageJoesCredit wrote:
The problem i see with declining one is there is no set way to determine when the next offer will be available.

Think 3 months might be a good starting estimate for a "waiting" period or possibly 6 months between tries... at least untill we know better. (remember first autocli if there is one comes after the third statement and you can request APR reductions and offers every 6 months as long as its after the promo period. One thing i have stopped doing quite some time ago is smashing constantly... I had a good run.. now its 6+ months if i even hit Miss Disco up.....

Re: Disco luv decline offer

CreditInspired — Sat, 04 May 2019 13:17:57 GMT

I declined $700 Aug 18 and requested again Sept 28 and got a $3K CLI. I wrote about it in a post. And I did not leave money on the table because I tried to DD with no luck. 🤣

I also got another CLI of $2.2K Dec 8.

I was declined last month for a CLI, which I attribute to my BT in Feb that increased my UT from 4% to 32%.

Re: Disco luv decline offer

NRB525 — Sat, 04 May 2019 13:47:54 GMT

@Jnbmom wrote:
With all the disco luv recently and the moon and stars that aligned for @AJC I am curious if anyone has experience with declining their offer and waiting for a better outcome?

They offered 500 to me and I declined and was hoping if I waited it might turn into more.

Just wondering if anyone else has done this and been successful and if so how long was the process? Also holding out and maybe combining my cards to get a single better line and think that is possible with a CLI on the table? Just keeping that option open.

Thanks

Where you are in Discover Credit Limit is relevant to the discussion.

Someone with $2,700 limit might be well advised to take the $500 increase.

The posters suggesting waiting 6 months after declining a $500 increase, I am not sure that makes sense. After 6 months of further use, Discover may offer the same $500 increase. I know the long list of my Discover CLI have been $500 each, 8 of them actually of $500 each. So if you decline one at $500, then get another of $500 at 6 months, if you took the first, you'd have +$1,000 by that point, not +$500. And I did decline a $500 CLI, twice, in mid-2016, before this run of 8x at $500 is what I got. So I've really got 10 offers of $500, which I accepted 8 of them. I would be $1,000 higher if I had just accepted all of them.

And if one has a $27k Discover CL, how much more CL is expected? $500 may be them just throwing you a bone to keep a smile on your face. $10,000 CLI seems out of the question at that level. Even a $2k CLI would be odd.

My Discover CL is $17,500 now.

Re: Disco luv decline offer

Jnbmom — Sat, 04 May 2019 14:23:35 GMT

Thank you all for you insight and experience.

This card started at just 1K 12/18 and I got a 500 increase at 3 months and now it offered another 500 after 2 months.

This has me thinking that 500 may be what the continue to offer and if I take it it can grow but slowly, or I can wait a bit and see if they offer more. Decisions decisions 😆

Re: Disco luv decline offer

CreditInspired — Sun, 05 May 2019 16:06:23 GMT

@NRB525 wrote:
@Jnbmom wrote:
With all the disco luv recently and the moon and stars that aligned for @AJC I am curious if anyone has experience with declining their offer and waiting for a better outcome?

They offered 500 to me and I declined and was hoping if I waited it might turn into more.

Just wondering if anyone else has done this and been successful and if so how long was the process? Also holding out and maybe combining my cards to get a single better line and think that is possible with a CLI on the table? Just keeping that option open.

Thanks
Where you are in Discover Credit Limit is relevant to the discussion.

Someone with $2,700 limit might be well advised to take the $500 increase.

The posters suggesting waiting 6 months after declining a $500 increase, I am not sure that makes sense. After 6 months of further use, Discover may offer the same $500 increase. I know the long list of my Discover CLI have been $500 each, 8 of them actually of $500 each. So if you decline one at $500, then get another of $500 at 6 months, if you took the first, you'd have +$1,000 by that point, not +$500. And I did decline a $500 CLI, twice, in mid-2016, before this run of 8x at $500 is what I got. So I've really got 10 offers of $500, which I accepted 8 of them. I would be $1,000 higher if I had just accepted all of them.

And if one has a $27k Discover CL, how much more CL is expected? $500 may be them just throwing you a bone to keep a smile on your face. $10,000 CLI seems out of the question at that level. Even a $2k CLI would be odd.

My Discover CL is $17,500 now.

IDK about this analogy because there is no guarantee, nor rhyme or reason with Disco, that if you hadn’t decline the $500 CLI at lets say month 3 that you would have even gotten another one at month 6.

Here are my stats for Disco:

12/11/2016 $3.5K SL

3/24/ 2017 $1.5K CLI

6/24/2017 $1K CLI

9/22/2017 $1.5K CLI

11/25/2017 Declined

12/21/2017 Declined

3/27/2018 Declined

6/2/2018 3K CLI

8/18/2018 - I declined $700 CLI

9/28/2018 $3K CLI

12/8/2018 $2.2 CLI

4/23/2019 Declined

Disco CL - $15.7K

Re: Disco luv decline offer

Jnbmom — Sun, 05 May 2019 17:47:17 GMT

Yes I think I am gonna just take it, because in another month or 2 or even 3 they might still offer me 500 .

Thanks again all just trying to figure out disco, but then it's disco nevermind 😋