topic Re: Discover CLI question in Credit Cards

Discover CLI question

Anonymous — Thu, 09 May 2013 17:17:21 GMT

I finally got the "request increase" button on my Discover account about a week ago. I clicked it, and asked for double my limit and it said that it would require a credit pull. I canceled out of it because I do not want any hp's. I was going to try again and just ask for a smaller increase and hope for a sp but now for the past week, when I click on it.....it says I already have one in process so I can't do another one. Is that normal after canceling a request? If so, how long does it normally take for you to try again?

Re: Discover CLI question

BrokaToe — Fri, 10 May 2013 03:47:44 GMT

I've heard of this happening with folks many times in the past. I think I may of read someone logged in a few days later and were surprised by an increase.

Anyway, wanted to bump this for you in hopes that someone with some experience with this will chime in, I'd kind of like to hear a definitive answer myself.

Re: Discover CLI question

myjourney — Fri, 10 May 2013 03:56:16 GMT

Yes happen all the time

You could call in and try a SP

Re: Discover CLI question

n777ua — Fri, 10 May 2013 04:02:05 GMT

Discover is one of my oldest cards and I've never been able to get a CLI out of them. There was the button a couple years ago, but I cancelled out when it wanted a HP, then the button went away. Tried for a SP CLI a few months later and no dice. I was considering another SP CLI request, but there's no balance on the card and considering my limits ($106,500 combined), there's no way I need it. I just find it curious how they can be quite generous with some and stingy with others.

Re: Discover CLI question

koalablue — Fri, 10 May 2013 04:56:40 GMT

N777ua - I was in your shoes. Try not using your Discover card at all for three or four months. I did that and they sent me a new card, then when I called to activate it, they asked what they could do to win back my business, and I said "Raise my credit limit." I gave them the 4000 number (I was at 1700) and they raised it to 4000 with a soft pull.

Re: Discover CLI question

n777ua — Fri, 10 May 2013 05:06:51 GMT

@koalablue wrote:
N777ua - I was in your shoes. Try not using your Discover card at all for three or four months. I did that and they sent me a new card, then when I called to activate it, they asked what they could do to win back my business, and I said "Raise my credit limit." I gave them the 4000 number (I was at 1700) and they raised it to 4000 with a soft pull.

I haven't used it in over 6 months

Re: Discover CLI question

FinStar — Fri, 10 May 2013 05:14:05 GMT

@n777ua wrote:
@koalablue wrote:
N777ua - I was in your shoes. Try not using your Discover card at all for three or four months. I did that and they sent me a new card, then when I called to activate it, they asked what they could do to win back my business, and I said "Raise my credit limit." I gave them the 4000 number (I was at 1700) and they raised it to 4000 with a soft pull.
I haven't used it in over 6 months

From experience, you're probably right. I have noticed a pattern where if used frequently, then the CLIs usually happen. On mine, they've been granted sporadically, depending on its usage but I've had mine since the mid-90s... currently sits at $15K. How old is yours N777ua?

Re: Discover CLI question

n777ua — Fri, 10 May 2013 05:32:44 GMT

IIRC late 2008, $6k was the initial line

@FinStar wrote:
@n777ua wrote:
@koalablue wrote:
N777ua - I was in your shoes. Try not using your Discover card at all for three or four months. I did that and they sent me a new card, then when I called to activate it, they asked what they could do to win back my business, and I said "Raise my credit limit." I gave them the 4000 number (I was at 1700) and they raised it to 4000 with a soft pull.
I haven't used it in over 6 months
From experience, you're probably right. I have noticed a pattern where if used frequently, then the CLIs usually happen. On mine, they've been granted sporadically, depending on its usage but I've had mine since the mid-90s... currently sits at $15K. How old is yours N777ua?

Re: Discover CLI question

maiden_girl — Fri, 10 May 2013 05:41:03 GMT

I've gotten the button in the past but if I click on it...I'm told to call customer service.

Re: Discover CLI question

FinStar — Fri, 10 May 2013 05:52:31 GMT

@maiden_girl wrote:
I've gotten the button in the past but if I click on it...I'm told to call customer service.

Which would appear to translate that any type of (SP) CLI is curently not available on the account. Of course, the option still exists to request a CLI if you contact them directly; however, more than likely it will result in a HP... and to my knowledge you can cancel the request before the HP if you elect not to do so at the present time.

Re: Discover CLI question

Creditaddict — Fri, 10 May 2013 06:02:51 GMT

We maxed ours in under 30 days.... wonder if that will help

$4500 wasn't exciting to me (at least in my partners name, in mine I might have felt otherwise! LOL)

Re: Discover CLI question

Anonymous — Fri, 10 May 2013 13:18:42 GMT

@FinStar wrote:
@maiden_girl wrote:
I've gotten the button in the past but if I click on it...I'm told to call customer service.
Which would appear to translate that any type of (SP) CLI is curently not available on the account. Of course, the option still exists to request a CLI if you contact them directly; however, more than likely it will result in a HP... and to my knowledge you can cancel the request before the HP if you elect not to do so at the present time.

I did call them and they informed me it would be a hp in the middle of them asking for my information and I said I did not want a HP and so they backed out of it with no problem. They are the only creditor that I have where the credit limit is just not budging. It's also one of my most used cards.

Re: Discover CLI question

Anonymous — Fri, 10 May 2013 13:19:31 GMT

@BrokaToe wrote:
I've heard of this happening with folks many times in the past. I think I may of read someone logged in a few days later and were surprised by an increase.

Anyway, wanted to bump this for you in hopes that someone with some experience with this will chime in, I'd kind of like to hear a definitive answer myself.

Thanks for the bump!