I was impatient and tried for a CLI after my third statement cut.
I was also denied.
But about a week later, I got an AUTO-CLI from them. Hang in there!
You’ll get it eventually. Discover tends to be quite generous, but no one knows exactly why or WHEN the generosity strikes lol
Their reason was something like "insufficient experience with current credit limit" or somesuch. Perhaps I just hit the button a little too early?
ive gotten that before, basically they are just sayin whoa whoa, not yet LOL more time. but then a few months later i was rewarded with 5K cli. so they do come through, mine does better when i have spend ON the card when i ask. everytime i ask with a $0 balance, its a NO go.
@Masterlink “Got denied for my CLI... Time to relegate it only to 5% duties.”
@5KRunner “Same thing happened to me. I'm giving it another 6 months and relegating it to 5% duty, too”
Patience, grasshopper. Patience.
It’s a marathon, not a sprint. Show Discover (or any bank you’re dealing with) that you can be a good and dependable customer and the rewards will follow. Think about it as building a relationship and trust, just like you would with a real person.
I posted recently that my Discover limit is $49,500 after a long-term relationship and I’ve never really pushed that hard. My limits were raised often and easily with soft pulls, but I never sock-drawered my card or gave up on it.
And there are no ‘magic formulas’ that work for everyone in every situation. Give it time.
5% duties are why I got it in the first place. I figured it will still grow in time, I'm just not going to toss extra spend on it on other purchases, got 2% cards for that. Although long term 2/10% with the cash match.
EDIT: To add insult, Discover thought it necessary to send me a "3 month update for you Cashback Match" Thanks for reminding me it's been 3 months Discover... ;p