topic Re: DISCOVER MORE auto-cli in Credit Cards

DISCOVER MORE auto-cli

Anonymous — Sat, 14 Nov 2009 21:03:35 GMT

It seams discover cares about its customers.

my card just turned 3 months old, I checked my online acct today and there is an auto-cli of $300, not a huge cli but I m happy with it,

is that a sign that credit is flowing again ?!

Re: DISCOVER MORE auto-cli

DI — Sat, 14 Nov 2009 23:25:54 GMT

Congratulations! You can expect another increase within the next 3 months if you keep using the card.

Re: DISCOVER MORE auto-cli

shyboy — Sun, 15 Nov 2009 18:16:29 GMT

congratulation. This also happen to me. They gave me 250 instead. I really hope they do this every three months

Keep it up

Re: DISCOVER MORE auto-cli

DI — Sun, 15 Nov 2009 21:04:01 GMT

@shyboy wrote:
congratulation. This also happen to me. They gave me 250 instead. I really hope they do this every three months

Keep it up

You should get an increase every three months during the first year. Afterwards, you will get an increase once a year per DIscover. But, you have to keep using the card.

Re: DISCOVER MORE auto-cli

Anonymous — Sun, 15 Nov 2009 21:17:27 GMT

@Anonymous wrote:
It seams discover cares about its customers.
my card just turned 3 months old, I checked my online acct today and there is an auto-cli of $300, not a huge cli but I m happy with it,
is that a sign that credit is flowing again ?!

There are many indications that credit is once again flowing to deserving persons. Many CLI's, some of them auto and many BT offers are being issued. It isn't a y'all come though. For the lower end of the credit spectrum things will probably never return to the previous norm. All the more reason to get your house in order and keep it in order.

Re: DISCOVER MORE auto-cli

DI — Sun, 15 Nov 2009 21:21:38 GMT

@Anonymous wrote:
@Anonymous wrote:
It seams discover cares about its customers.
my card just turned 3 months old, I checked my online acct today and there is an auto-cli of $300, not a huge cli but I m happy with it,
is that a sign that credit is flowing again ?!
There are many indications that credit is once again flowing to deserving persons. Many CLI's, some of them auto and many BT offers are being issued. It isn't a y'all come though. For the lower end of the credit spectrum things will probably never return to the previous norm. All the more reason to get your house in order and keep it in order.

+1. We may never see $0 BT fee again. Capital One is the only bank that I know who still offers no BT fees.

Re: DISCOVER MORE auto-cli

Anonymous — Sun, 15 Nov 2009 21:27:10 GMT

USBank has about 30 affinity cards that still offer initial BT's at 0% APR and 0% fee.

Re: DISCOVER MORE auto-cli

shyboy — Fri, 11 Dec 2009 08:01:41 GMT

Im currently using this card for everyday purchase. Before the time comes for the auto cli, how often should i use this card to get the most increase as possible. I understand its hard to tell but any clues???

Re: DISCOVER MORE auto-cli

DI — Fri, 11 Dec 2009 18:52:37 GMT

@shyboy wrote:
Im currently using this card for everyday purchase. Before the time comes for the auto cli, how often should i use this card to get the most increase as possible. I understand its hard to tell but any clues???

I charged no more than $100 each month on the card before getting a CLI. Just use it at will and PIF.

Re: DISCOVER MORE auto-cli

shyboy — Fri, 11 Dec 2009 19:29:43 GMT

Will do. Would you also happen to know discovers spending tiers. They state that they have different spending tiers but don't state the amount for each tier

Re: DISCOVER MORE auto-cli

Anonymous — Fri, 11 Dec 2009 23:09:45 GMT

shyboy wrote:
Will do. Would you also happen to know discovers spending tiers. They state that they have different spending tiers but don't state the amount for each tier

Spending tiers for what, rewards? The tiers for rewards are $0 - $3,000 annually = 0.25%, over $3,000 annually = 1.00%. I don't know of any other tiers.

Re: DISCOVER MORE auto-cli

shyboy — Sat, 12 Dec 2009 07:35:19 GMT

Thank you. You are right, it probably tiers for rewards. For reason i was thinking about different spending tiers to when they are determining the amount of credit to increase an account by

Re: DISCOVER MORE auto-cli

Anonymous — Sat, 12 Dec 2009 07:37:49 GMT

There are no such tiers.

Re: DISCOVER MORE auto-cli

Anonymous — Thu, 07 Jan 2010 15:45:16 GMT

Do these auto-CLIs typically happen on every 3rd statement date? I opened my Discover More card in October... and my 3rd statement cuts on Jan. 9. Can I expect a CLI then?

Also, when you received a CLI, were you carrying a balance?

Re: DISCOVER MORE auto-cli

Anonymous — Thu, 07 Jan 2010 16:08:17 GMT

BP2003 wrote:
Do these auto-CLIs typically happen on every 3rd statement date? I opened my Discover More card in October... and my 3rd statement cuts on Jan. 9. Can I expect a CLI then?

Also, when you received a CLI, were you carrying a balance?

No.

Some newer accounts issued with lower CL's get these increases. Other, older accounts do not. Your account might get the increase - otherwise you might have to wait longer and use the telephone request method which is well documented here.

Re: DISCOVER MORE auto-cli

DI — Thu, 07 Jan 2010 16:34:18 GMT

I'm waiting for my second increase by 1/18. My new statement generated so hopefully a CLI will follow shortly.

Re: DISCOVER MORE auto-cli

Anonymous — Thu, 07 Jan 2010 19:42:00 GMT

@Anonymous wrote:
BP2003 wrote:
Do these auto-CLIs typically happen on every 3rd statement date? I opened my Discover More card in October... and my 3rd statement cuts on Jan. 9. Can I expect a CLI then?

Also, when you received a CLI, were you carrying a balance?

No.

Some newer accounts issued with lower CL's get these increases. Other, older accounts do not. Your account might get the increase - otherwise you might have to wait longer and use the telephone request method which is well documented here.

I guess I should have clarified...

I was really inquiring on accounts that are within the 1st year of usage. Do these auto-CLIs happen on the statement date?

Re: DISCOVER MORE auto-cli

Anonymous — Thu, 07 Jan 2010 20:24:12 GMT

My response was to that question and not the one regarding balance carrying,