topic Re: Discover It Chrome Graduated! in Rebuilding Your Credit

Discover It Chrome Graduated!

MichWolverines1983 — Tue, 08 Mar 2022 16:34:14 GMT

Woke up this morning and Discover graduated my secured card and increased my credit limit from $300 to $1800!

Re: Discover It Chrome Graduated!

tortoise_credit — Tue, 08 Mar 2022 16:42:19 GMT

Congrats on the graduation. My Disco secured went from $1,000 limit to $1,800 limit when it graduated, so they seem to like that $1,800 number!

Re: Discover It Chrome Graduated!

Red1Blue — Tue, 08 Mar 2022 16:45:48 GMT

Hi @MichWolverines1983 Congrats on your Discover Card Graduation.

Re: Discover It Chrome Graduated!

FireMedic1 — Tue, 08 Mar 2022 23:42:13 GMT

Nice!!!!!!!!!!!!! Congrats on the grad!

Re: Discover It Chrome Graduated!

Papa_Bear — Wed, 09 Mar 2022 07:48:59 GMT

Congrats on the graduation!

Re: Discover It Chrome Graduated!

MichWolverines1983 — Wed, 09 Mar 2022 16:34:13 GMT

Thanks guys. I've been responsible from the beginning and have nothing but positive things to come with my credit. On to the next step!

Re: Discover It Chrome Graduated!

eyam — Sat, 12 Mar 2022 03:36:22 GMT

Congrats on your graduation! I remember when mine graduated. A great feeling of accomplishment and hard work.

Re: Discover It Chrome Graduated!

Zoostation1 — Sat, 12 Mar 2022 04:11:54 GMT

Good to hear! What sort of usage patterns did you have? I've also got a secured card from Discover ($400 limit currently) that I opened in early Nov. and hope to graduate in 3 more months. I've been paying it off in full so no interest, but the reported fairly high utilization that first month (before I understood how that's reported).

Re: Discover It Chrome Graduated!

MichWolverines1983 — Sat, 12 Mar 2022 11:51:54 GMT

My original limit was $200 but I added $100 the second month after getting the card. After that, I used the card whenever I wanted but always paid the balance down to 5% utilization before the statement cuts. So Discover reported 5% utilization for 4 months. The last two months I let it report a higher balance but paid the full balance on or before the due dates. I usually paid my statement balance early. Sometimes I would pay the balance (5% was only $10.00) as soon as I got the statement. I never had late fees or missed payments. Again, the last two months I did have to let a higher balance report but it was paid in full early.

Re: Discover It Chrome Graduated!

Zoostation1 — Sun, 13 Mar 2022 07:48:58 GMT

Awesome. I'm hoping mine will have a similar graduation. It's not a daily driver but I make sure it's used at least 3 times a month. The higher limit on my QS1 makes it my daily driver by default. Initially I was going to just use CCs for gas only until being further along in my rebuild, but now I'm using a CC for 75% of my purchases and am learning the game to keep utilization where it needs to be.