topic Re: Discover CLI Strategy Help in Credit Cards

Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 22:05:41 GMT

I was approved for Discover It last month with a $10,000 SL. I took advantage of the 0 APR BT and transferred $1,800. I also put another $400 in regular spending on the card. What is the best strategy to get a CLI after 3 months? Should I try to pay the entire BT in full? Or is it better to keep that as a balance? My preference is to pay down the balance over time due to the 0 APR while I finish paying off a car but I am also trying to increase my CLs so I can close about $3,000 in credit I have with Credit One.

Re: Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 22:10:01 GMT

Unfortunately, there is no pattern, rhyme or reason with Discover CLI's. Literally just hit the increase button every so often and see what happens 😂

Re: Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 22:11:01 GMT

@Anonymous wrote:
Unfortunately, there is no pattern, rhyme or reason with Discover CLI's. Literally just hit the increase button every so often and see what happens 😂

^ this is the correct and only answer with Disco.

Re: Discover CLI Strategy Help

CA4Closure — Sun, 03 Nov 2019 22:12:36 GMT

Discover loves to see payments. So make your regular payment like $1,000 a month and then hit that love button after your third statement posts. If you show you are using your credit line and making paypments, Discover will reward you.

Re: Discover CLI Strategy Help

Jnbmom — Sun, 03 Nov 2019 22:15:44 GMT

There is no rhyme or reason with discover. Nobody has the answer to this 😆

Re: Discover CLI Strategy Help

Mv350 — Sun, 03 Nov 2019 22:26:46 GMT

Just ask 🤣

I did call the CLI line that the online chat gave me. They said they are able to review one every 30 days.

Re: Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 22:26:57 GMT

Read your tea leaves. If you see an image of a platypus playing the piano, you are guaranteed a CLI. Anything else, it’s a crapshoot.

Re: Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 22:32:11 GMT

@Anonymous wrote:
Read your tea leaves. If you see an image of a platypus playing the piano, you are guaranteed a CLI. Anything else, it’s a crapshoot.

Errr that's the wrong kind of tea 😂

Seriously though, Disco will decline a CLI one day and give one the next day when nothing has changed... they really are impossible to figure out.

Re: Discover CLI Strategy Help

grower1 — Sun, 03 Nov 2019 22:45:23 GMT

@Anonymous wrote:
Read your tea leaves. If you see an image of a platypus playing the piano, you are guaranteed a CLI. Anything else, it’s a crapshoot.

Re: Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 22:50:01 GMT

Watch for an auto cli to pop up between statements 2-3 and when / if it does then go hit that button and call after that for even more.

Timing with Disco though really isn't an option. It could be 2 mins between them or 2 years between them. Depends on your profile and activity for the most part. The biggest thing w/ any card is to make sure you use it and pay it eveyr month to generate activity for the computer to see. Doesn't have to be anything more than $5/mo but, it has to be something.

Re: Discover CLI Strategy Help

thornback — Sun, 03 Nov 2019 23:04:35 GMT

@Anonymous wrote:
I was approved for Discover It last month with a $10,000 SL. I took advantage of the 0 APR BT and transferred $1,800. I also put another $400 in regular spending on the card. What is the best strategy to get a CLI after 3 months? Should I try to pay the entire BT in full? Or is it better to keep that as a balance? My preference is to pay down the balance over time due to the 0 APR while I finish paying off a car but I am also trying to increase my CLs so I can close about $3,000 in credit I have with Credit One.

As others have stated, there is no rhyme or reason to Disco CLIs --

But, I wanted to point out that paying off your BT before requesting one is not necessarily necessary - but I think if your monthly payments are above the minimum required you'll have a better shot. I carried a $5K BT on my Disco for the first 6 months and received CLIs on day 82 ($500), day 113 ($4K), and day 153 ($900) -- bringing my limit from $10.8K to $16.2K. My auto-payments were set at $200/month but I also paid an additional $100 - $500 more depending on my extra funds that month.

I paid my BT off in month 7, but haven't been able to get another CLI since the last one for $900 in March (reason: insufficient experience with current limit) - my last request was Sept. 5th. My card just turned a year old on 10/28. Waiting for this next statement to cut (tomorrow) and I'll pay the current balance and request a CLI again... see what happens.

So... bottom line -- just hit the button and see what happens. Good Luck

Re: Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 23:05:33 GMT

@thornback wrote:
received CLIs on day 31 ($500), day 71 ($4K), and day 101 ($900) -- bringing my limit from 10.8K to 16.2K. My auto-payments were set at $200/month but I also paid an additional $100 - $500 more depending on the month.

I paid my BT off in month 6 but haven't been able to get another CLI since the last one for $900 in March (reason: insufficient experience with current limit) - my last request was Sept. 5th. My card just turned a year old on 10/28. Waiting for this next statement to cut (tomorrow) and I'll pay the current balance and request a CLI again... see what happens.

So... bottom line -- just hit the button and see what happens. Good Luck

This is what I'm talking about. If you're not using the card or paying the card to generate activity for the computer to assess your CLI request against you likely won't see movement. Doesn't have to be huge but, can't be $0 either.

Re: Discover CLI Strategy Help

Remedios — Sun, 03 Nov 2019 23:10:27 GMT

I've gone without using it for close to 6 months, ended up with $3k and $7k increases
You may want to work a bit more on that theory

My smallest increases came during heavy use

Re: Discover CLI Strategy Help

thornback — Sun, 03 Nov 2019 23:16:20 GMT

@Anonymous wrote:
@thornback wrote:
received CLIs on day 31 ($500), day 71 ($4K), and day 101 ($900) -- bringing my limit from 10.8K to 16.2K. My auto-payments were set at $200/month but I also paid an additional $100 - $500 more depending on the month.

I paid my BT off in month 6 but haven't been able to get another CLI since the last one for $900 in March (reason: insufficient experience with current limit) - my last request was Sept. 5th. My card just turned a year old on 10/28. Waiting for this next statement to cut (tomorrow) and I'll pay the current balance and request a CLI again... see what happens.

So... bottom line -- just hit the button and see what happens. Good Luck
This is what I'm talking about. If you're not using the card or paying the card to generate activity for the computer to assess your CLI request against you likely won't see movement. Doesn't have to be huge but, can't be $0 either.

Yea, no -- I didn't say i stopped using the card, I just said I paid off the BT. There has been and currently is usage on my card - just no CLI.

Also -- I messed up the days of my CLIs... edited my post:

CLIs on day 82 ($500), day 113 ($4K), and day 153 ($900)

Re: Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 23:17:36 GMT

I got the card on 9/23 so based on the feedback here I decided to just hit the button and take a shot now. No luv. 😂

Re: Discover CLI Strategy Help

thornback — Sun, 03 Nov 2019 23:19:13 GMT

@Anonymous wrote:
I got the card on 9/23 so based on the feedback here I decided to just hit the button and take a shot now. No luv. 😂

That's okay -- try again next month on 12/3.

Re: Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 23:19:55 GMT

@Remedios wrote:
I've gone without using it for close to 6 months, ended up with $3k and $7k increases
You may want to work a bit more on that theory

My smallest increases came during heavy use

Not using mine for 6 months got me a PC To Miles w/o asking for it.

Re: Discover CLI Strategy Help

Remedios — Sun, 03 Nov 2019 23:24:45 GMT

Not going to use that one, either

Re: Discover CLI Strategy Help

JNA1 — Sun, 03 Nov 2019 23:37:43 GMT

It took me almost 10 months to get my first CLI with Discover, with the reason always being “insufficient experience at current credit limit.” I get a $1500 bump when I finally got one. I’m going to try again after I’ve been at this limit for 90 days.

Re: Discover CLI Strategy Help

Anonymous — Sun, 03 Nov 2019 23:41:39 GMT

@Anonymous wrote:
I got the card on 9/23 so based on the feedback here I decided to just hit the button and take a shot now. No luv. 😂

I don't think anyone has been successful before 60 days has passed.

You will literally see some people on here who hit that button weekly or even daily. If it didn't generate a snail mail letter every time I was declined, I would hit it more often than I do because it soothes my itch to app for new cards 😂