topic Re: How exactly do you get a CLI from Discover? in Credit Cards

How exactly do you get a CLI from Discover?

thelethargicage — Sun, 21 Sep 2014 00:19:13 GMT

I just wasted a 2nd HP on a measly $500 CLI, so I was wondering, how exactly do you get a decent CLI from them?

Massive usage? Allow statement to close with a balance? Carry a balance?

Any suggestions?

Re: How exactly do you get a CLI from Discover?

taxi818 — Sun, 21 Sep 2014 00:45:31 GMT

@thelethargicage wrote:
I just wasted a 2nd HP on a measly $500 CLI, so I was wondering, how exactly do you get a decent CLI from them?

Massive usage? Allow statement to close with a balance? Carry a balance?

Any suggestions?

Well is most part to get great cli. Simple. Wait it out. Everyone wants everything right now

how long did you waitb or the so called measly 500?

That is question. Most everyone that got strong cli from them waited about 15 months. Of course some exceptions. I will not ask for cli ever. If I must wait 2 years. It's worth it. As cli will be strong. Instead of dealing with chasing everyone else. Do you really need the cli?

most have so many cards. There is really no need for cli. Unless large purchase.

But. According to them to answer you question. 90 day point odds. Slim. 6 months. Better odds weak cli.

12 months. Even better. Good cli.

15 months. Great cli. After that. No need.

Re: How exactly do you get a CLI from Discover?

CribDuchess — Sun, 21 Sep 2014 01:04:37 GMT

@thelethargicage wrote:
I just wasted a 2nd HP on a measly $500 CLI, so I was wondering, how exactly do you get a decent CLI from them?

Massive usage? Allow statement to close with a balance? Carry a balance?

Any suggestions?

I have been calling the number on the back of my card and following the automated prompts to reach the CLI request option. I have had much better success with this being a soft-pull and getting $1,500 one time and $2,500 the other time I have tried this. I am planning to use this method every 3 months. I got one of the increases in May, and got the other one earlier this month. In between, I did attempt another and the system wanted to transfer me to a representative. I hung up as I figured it would then be a HP.

I have had no luck with the online luv button - it always indicates that they will need to check my credit reports.

Re: How exactly do you get a CLI from Discover?

Anonymous — Sun, 21 Sep 2014 01:32:23 GMT

I don't really think there is a method to their madness..

I started with them in 2011, with a Student More. I didn't know anything about requesting CLIs, and thought it was all just auto. Had high utl mostly due to a cash advance I did to pay for my previous laptop and I was a college student with minimal income and a shopping habit (now I'm an adult with decent income and a shopping habit). Updated my info once I graduated, then again when I got my job. It took three months before I got an auto CLI, and at that time my usage was at >90%.

I didn't even know about the LUV button or the automated system until I found this site (THANKS GUYS <3!!). And even then, neither ever worked..After the last time I tried the automated system and got denied, the online page said something like "we can't process a request until your current one is finished". I figured it was because I called in or I had just asked for a conversion to the IT (some people on here reported that they got a CLI after doing this). Then one day I checked to see if it still said that, and finally it worked. I asked for 5000, they luckily countered.

Around that time, I converted to the IT, opened a few new card accounts, took money out of a low yield savings and paid down some of the balance and did a balance transfer so UTL on the card was 0%. My TU score was around 690.

Went from 1000 -> 1800 ->3300

I say keep trying till you get lucky..(well for now i'd say wait three months or so)

**edited for horrible spelling and to add info

Re: How exactly do you get a CLI from Discover?

Anonymous — Sun, 21 Sep 2014 01:36:14 GMT

From my experience I think with Discover 'time' is the key.

2007: First app, Credit history was ~3 months. Got declined.

2008: Apped after having a Credit history of 1 yr. (with Cap1 & Citi). Approved. CL: $1500.

2010: Auto CLI $3000.

2012: Auto CLI $5000.

2013: Request. CLI $8000. Via web. SP.

2013: Auto CLI $8500.

2014: Request. CLI $10,000. Via web. SP.

2014: Request. CLI $14,500. Via CSR. Ensured SP. (Had requested $15,000)

I have always PIF. My APR is 9.24% V.

Till 2013 Util. was a bit high ~25-50% on Discover.

Post 2013 its 5-10%.

I dont' think this should have any bearing but I keep my cash-backs to accumulate since I only order their partner gift cards (Staples & Enterprise rental mostly).

All the best !

Re: How exactly do you get a CLI from Discover?

blondy250 — Sun, 21 Sep 2014 01:42:26 GMT

In another 10 years of good history with discover you'll get good soft CLI.

Re: How exactly do you get a CLI from Discover?

adavis425 — Sun, 21 Sep 2014 02:14:34 GMT

@CribDuchess wrote:
@thelethargicage wrote:
I just wasted a 2nd HP on a measly $500 CLI, so I was wondering, how exactly do you get a decent CLI from them?

Massive usage? Allow statement to close with a balance? Carry a balance?

Any suggestions?
I have been calling the number on the back of my card and following the automated prompts to reach the CLI request option. I have had much better success with this being a soft-pull and getting $1,500 one time and $2,500 the other time I have tried this. I am planning to use this method every 3 months. I got one of the increases in May, and got the other one earlier this month. In between, I did attempt another and the system wanted to transfer me to a representative. I hung up as I figured it would then be a HP.

I have had no luck with the online luv button - it always indicates that they will need to check my credit reports.

I've gotten two (1,500 both times) clis in the past 5 months this way. First in April and another this month. I've had the card two years and could never get anything through the online button.

Re: How exactly do you get a CLI from Discover?

taxi818 — Sun, 21 Sep 2014 02:31:22 GMT

I beleive in said that in beginning. Time wait it' out. Cli will come. Long term relationship. Not 1 night stand.

Re: How exactly do you get a CLI from Discover?

B335is — Sun, 21 Sep 2014 02:36:36 GMT

@thelethargicage wrote:
I just wasted a 2nd HP on a measly $500 CLI, so I was wondering, how exactly do you get a decent CLI from them?

Massive usage? Allow statement to close with a balance? Carry a balance?

Any suggestions?

Apply for a 2nd Discover card. Or better yet, something that isn't Discover.

Re: How exactly do you get a CLI from Discover?

Kenny — Sun, 21 Sep 2014 02:54:49 GMT

You got this card (if your signature is correct) January 2014 --- you currently have a 7k limit according to your signature.. Discover must think that this is sufficient for you or that you simply haven't shown behavior that would warrant the larger line coupled with it's just too early to be doing a HP CLI, to me.

Sorry that you didn't get what you wanted though..

Re: How exactly do you get a CLI from Discover?

b_diddy — Sun, 21 Sep 2014 04:22:29 GMT

@thelethargicage wrote:
I just wasted a 2nd HP on a measly $500 CLI, so I was wondering, how exactly do you get a decent CLI from them?

Massive usage? Allow statement to close with a balance? Carry a balance?

Any suggestions?

Sorry to say but Discover has baffled me ... my initial credit limit when I got this card in 2012 was only $1200 and since then I have received small ($200-400) automatic credit limit increases on average every 4-5 months or so. I have received no SP love from the luv button or by calling. Online it tells me it's not available for this account and when I call they want a hard pull. Intro incentives have long ago expired so no go on the HP. For the first year or so, I ran quite a few everyday charges through and PIF. Now that I have other cards with higher limits and better deals, I don't use it as much and try to keep reporting balance below 10%. I have resolved myself to allowing this card's CL to grow organically.

Re: How exactly do you get a CLI from Discover?

14Fiesta — Sun, 21 Sep 2014 05:39:59 GMT

I am currently experimenting with the relationship method. I heard anecdotal evidence that Discover likes it if you have a strong relationship in multiple areas with them. So I am trying to improve relationship by utilizing their CC, savings account, and cashback checking products.

Re: How exactly do you get a CLI from Discover?

taxi818 — Sun, 21 Sep 2014 10:01:36 GMT

@14fiesta
+1
Did the exact same thing. And they gave 50 buck bonus for checking. I will wait it out. If my limit was 7k. I would not complain. But each of us are different. So 7k to op must be too small.

Re: How exactly do you get a CLI from Discover?

chalupaman — Sun, 21 Sep 2014 13:06:44 GMT

@14Fiesta wrote:
I am currently experimenting with the relationship method. I heard anecdotal evidence that Discover likes it if you have a strong relationship in multiple areas with them. So I am trying to improve relationship by utilizing their CC, savings account, and cashback checking products.

I want to sign up for their cashback checking but I don't know if they do a HP for that and the savings products. I know Cap One 360 does HPs. My student card with Discover turns six months in October.

Re: How exactly do you get a CLI from Discover?

taxi818 — Sun, 21 Sep 2014 13:30:56 GMT

Come in now. There is no credit pull for checking account. There is a chex system check. And identity check only. Hence the security questions. And sometimes sp on credit report. You will have until October 15 to sign up. In order to get 50 dollar bonus. Make sure you send them secure message to insure. Then you get cash back checking. Including cash back debit card. 1%

Re: How exactly do you get a CLI from Discover?

chalupaman — Sun, 21 Sep 2014 13:55:49 GMT

@taxi818 wrote:
Come in now. There is no credit pull for checking account. There is a chex system check. And identity check only. Hence the security questions. And sometimes sp on credit report. You will have until October 15 to sign up. In order to get 50 dollar bonus. Make sure you send them secure message to insure. Then you get cash back checking. Including cash back debit card. 1%

I was denied for the second time for a CLI. I really don't like how stingy Discover can be but their card is just so great IMO. The reasons they gave me on the phone are understandable though. Mainly new accounts and I think inquries were another factor but I think it was mainly the former that really stopped them from being able to get me out of toy limit territory. Got to keep gardening there.

Re: How exactly do you get a CLI from Discover?

b_diddy — Sun, 21 Sep 2014 13:55:24 GMT

@taxi818 wrote:
Come in now. There is no credit pull for checking account. There is a chex system check. And identity check only. Hence the security questions. And sometimes sp on credit report. You will have until October 15 to sign up. In order to get 50 dollar bonus. Make sure you send them secure message to insure. Then you get cash back checking. Including cash back debit card. 1%zid
Is this a different deal than on their website? There they are only offering $0.10 per transaction capped at 100 transactions or $10.00 month. 1% on all transactions could be a VERY different number depending upon the size of the transaction. Also, how often are you actually using debit card or checks if the idea is to use your CC's.

Re: How exactly do you get a CLI from Discover?

taxi818 — Sun, 21 Sep 2014 14:43:42 GMT

Well honestly. I'm not using at all. The ideal is to use credit card. But debit is a option. I only signed up to get 50 dollar sign up bonus. They said anyone that's sign up between 8-15 and 10-15-14. Will get 50 bucks. You just need I mention it to them. If you don't say anything. They will not give.

Re: How exactly do you get a CLI from Discover?

randeman — Sun, 21 Sep 2014 14:55:18 GMT

For the first year or so after approval, I received auto increases every quarter. Then they stopped. About a year and a half of no increases (and paying off much of my debt), I hit the "luv" button, and got a significant bump. It's all YMMV.

Re: How exactly do you get a CLI from Discover?

b_diddy — Sun, 21 Sep 2014 14:56:38 GMT

@taxi818 wrote:
Well honestly. I'm not using at all. The ideal is to use credit card. But debit is a option. I only signed up to get 50 dollar sign up bonus. They said anyone that's sign up between 8-15 and 10-15-14. Will get 50 bucks. You just need I mention it to them. If you don't say anything. They will not give.

OK, thanks.