topic Re: How does discover cli works? in Credit Cards

How does discover cli works?

Red1Blue — Sat, 16 Jan 2010 19:43:09 GMT

How does Discover CLI works and how often do we get and what do they see for cli's?

Re: How does discover cli works?

MarineVietVet — Sat, 16 Jan 2010 23:42:05 GMT

I can only speak for myself. I've gotten auto raises for several years every 9-12 months. The amount is usually $1000-$1300 each time. I've never called and asked for a CLI.

Message Edited by marinevietvet on 01-16-2010 05:42 PM

Re: How does discover cli works?

DI — Sat, 16 Jan 2010 23:48:58 GMT

I get my CLI's every three months like clockwork. That works for me!!

Re: How does discover cli works?

Red1Blue — Sun, 17 Jan 2010 00:50:59 GMT

@DI wrote:
I get my CLI's every three months like clockwork. That works for me!!

Hi DI, do you do any thing special. Do you pay in full every month or carry balance? What is your spending to credit limit ratios? How many cli's did you get so far?

Message Edited by concorduser on 01-16-2010 04:50 PM

Re: How does discover cli works?

wmarat — Sun, 17 Jan 2010 01:01:40 GMT

I recd CLI q6moths up to 12K. I've read that it is their current max. I'll check it in 5 months.

Re: How does discover cli works?

DI — Sun, 17 Jan 2010 01:03:28 GMT

@Red1Blue wrote:
@DI wrote:
I get my CLI's every three months like clockwork. That works for me!!

Hi DI, do you do any thing special. Do you pay in full every month or carry balance? What is your spending to credit limit ratios? How many cli's did you get so far?
Message Edited by concorduser on 01-16-2010 04:50 PM

I do nothing special. I pay in full every month. I only purchase gas and food on the card. I don't think I ever charged over $100 on the card. I started with a $2500 limit. Moved up to $3400 in October and to $4100 this month. I expect my next increase in April to take me to $5300 or more to match my recent ClI with another creditor.

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 07:20:22 GMT

I have never got a CLI from them, ever. I'm stuck at $2,000.

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 17:28:45 GMT

@wmarat wrote:
I recd CLI q6moths up to 12K. I've read that it is their current max. I'll check it in 5 months.

I thought that was $12K max for an opening CL and $16K max with CLI's.

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 18:01:01 GMT

I received $2k initial CL in March 2009. Then I requested phone IVR CLI at 6 months...received $2k for total of $4k CL.

I plan to request IVR CLI again in March 2010, which is 6 months from my last CLI and my 1 year anniversary on the account.

Message Edited by txjohn on 01-17-2010 10:01 AM

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 18:06:18 GMT

I am getting prepped to hit the IVR again. However, since Discover reports CLI's to the CRB's immediately I want to do their's last. Citi's is done. I think I need to call Macy's about the Visa CL next, but I want to use my store account first. (Store account not used much these days!)

Re: How does discover cli works?

DI — Sun, 17 Jan 2010 18:16:27 GMT

@Anonymous wrote:
I am getting prepped to hit the IVR again. However, since Discover reports CLI's to the CRB's immediately I want to do their's last. Citi's is done. I think I need to call Macy's about the Visa CL next, but I want to use my store account first. (Store account not used much these days!)

Discover never reported my CLI's immediately. It took them a full billing cycle to update my new line. I received the last CLI on 1/6 and it's still not updated. My line stil says $3400 instead of $4100.

Date Opened:
07/2009 Date of Status:
01/2010 Reported Since:
07/2009 Last Reported Date:
01/2010
Type:
Revolving Terms:
N/A Monthly Payment:
$15 Responsibility:
Individual
Credit Limit:
$3,400 High Balance:
$203 Recent Balance:
$0 Recent Payment:
$0

Message Edited by DI on 01-17-2010 12:16 PM

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 18:17:51 GMT

Add/Delete an AU, or change something in your profile info and they tend to udate CR info quicker - mid-cycle.

Re: How does discover cli works?

DI — Sun, 17 Jan 2010 18:24:16 GMT

@Anonymous wrote:
Add/Delete an AU, or change something in your profile info and they tend to udate CR info quicker - mid-cycle.

So we can do that with Discover too? I'm on it!

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 18:27:12 GMT

I don't have the same specifics on Discover, except that in the process of me adding and deleting AU's and/or updating address/phone info, Discover has reported mid-cycle updates.

SO...it may be possible to force mid-cycle update on Discover too....I just don't have the exact menu ingredients to guarantee the result and what the exact timeframes are.

Anyone who wants to test and report....WELCOME to challenge!

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 18:28:12 GMT

Remember, DI, you are on a different from normal CLI program. It has been most people's experience that the IVR initiated CLI's are reported mid-cycle.

Re: How does discover cli works?

DI — Sun, 17 Jan 2010 18:29:56 GMT

I just updated my address with the same information and added a work number. Hope it works. I also went ahead and did the same with my Kroger 123 card.

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 18:33:53 GMT

This is also a good way of getting another address on your CBR. Just change your address - wait a few days - change it back. I can think of a few reasons why you might want to do that, but I'm only going to mention one of them here: To solve AU reporting problems!

Re: How does discover cli works?

DI — Sun, 17 Jan 2010 18:38:25 GMT

@Anonymous wrote:
This is also a good way of getting another address on your CBR. Just change your address - wait a few days - change it back. I can think of a few reasons why you might want to do that, but I'm only going to mention one of them here: To solve AU reporting problems!

Are you saying one should add an AU's home address to appear on one's credit reports?

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 18:40:39 GMT

@DI wrote:
@Anonymous wrote:
This is also a good way of getting another address on your CBR. Just change your address - wait a few days - change it back. I can think of a few reasons why you might want to do that, but I'm only going to mention one of them here: To solve AU reporting problems!
Are you saying one should add an AU's home address to appear on one's credit reports?

Only if the AU TL is not reporting and you would like to get it to report. Having the AU's address on your CBR might solve the problem.

Re: How does discover cli works?

Anonymous — Sun, 17 Jan 2010 18:51:21 GMT

Of course once you force another address to appear on your CBR it's going to remain there pretty much forever...