Discover 2nd (second) card app thread

[Poppa]

AJC I'm sorry it took me so long to post this:  December 2015 I had no fico score. CK scores were TU 0 and EQ 584. I got a Capital One secured card. It reported and my scores were TU 666 EQ 698. February I got a Discover card with a $1000 SL. I never received an auto CLI and in June I used a HP for a $500 CLI. I received 3 more increases then they stopped. July 2017 I had enough and closed the card. Was offered 12 months of 0% to keep it open. I was just done. After closing on my house in late March this year I got my 2nd Disco card. SL $5000 with 0% for 14 months with the cashback match. My wife also got one with $5500 SL. At the time my scores were 790's with 1 mortgage inquiry and no new accounts in the last year. I got a disappointing 16% APR but my wife got shafted pretty good with 20 something%. Her scores were in the 800's. She also had 1 mortgage inquiry and no new accounts in the last year. Our 3rd statement cut and a few days later we both got auto increases. Mine $1300 and hers $1400. The next morning DW got the DD for another $500. I screwed up my DD the night before and ended up losing it. I have a thread about it. Anyway first card clearly bucketed with no love. Second card with excellent credit getting fast love after only about 10 weeks in.

[AverageJoesCredit]

Thanks Poppa for the update. Heres hoping your second go around is a happy one

[Poppa]

I forgot to mention the first card never grew higher than $3000.

[Anonymous]

I didn't expect the cash back match so I chose the It Chrome over the It. Mistake! According to the representative now I'm not eligible for a product change until my match year is up. I could kick myself, but at least I'll still get something back.

I also tried for a CLI today on my old card since it has been a month. They gave me an instant $3k!
I called to move half my limit over to the new card because I still feel like they're going to take it back (hey, let a girl have her paranoia) but I realized too late you guys said the CLI has to be on the *new* card.
So the specialist explained to me that on a non-student account it would be three months from the first of the month that I signed up for the second card. He said to call back Sept 1st and if I can get a CLI I can move over part of the first card. Hopefully I can.

[Anonymous]

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@joltdude wrote:

if your aiming for an auto-cli. it doesnt always (or usually) IMHO happen on the statement cut.. usually in the few days to a week after. 

You can always hulksmash the CLI button at that point....but id give it 3 days, more if its over a weekend from the statement cut date

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+1

Just experienced this.  Day of my statement cutting I hit the luv because I thought I didn't get an auto.  Then I DD'd.  Apparently I had an automatic CLI of $500 scheduled, which was less than what I had DD'd and the system over ruled it down to it's one few days later.  I ended up getting it rectified, but definitely best to wait a few days after the statement cuts to see if the system has one to prevent having to make an extra phone call.

[Hex]

I hope this wasn't already covered and I missed it -but just in case it was not- I will post the link. The link is a little old but the concept remains the same. I was thinking I would like a second “It” Card but was hoping to maximize the grocery store catagory because I can get cigarettes and maximize the bonus. I was hoping to double dip my favorite category in two different calander years. I was trying to figure out the best time for a second application so I was looking for the 2019 catagories. 

[Anonymous]

Hex: Another method I've read about is by buying gift card from a location in the category. So credit card branded gift cards from a gas station or grocery store. It doesn't work at all locations, but it allows you to get the rewards then spend the money at your own pace. So really, you'd be able to use two of the categories, maybe 3 of you can buy those gift cards on Amazon (idk).

[Anonymous]

My First Discover It cashback credit card was approved on 8-11-2017 with $8000sl now at $12,000sl.  Today 8-5-2018, just shy of one year, checked Discovers preapproval web site and was preapproved for two cards (cashback and chrome).  Since I already have the cashback decided on the Chrome.  Instant approval with $3000sl.  Since my first approved Discover It cashback was higher, I called reconn and it was a NO, must wait 3 months before they will consider an increase.  I will wait 3 months than try for a CLI.

Also,  the application verbage stated it would be a hard inquiry with TU but I received notification from my credit monitoring service that Discover requested credit file from EX.

Discover Chrome Offers:

2% cash back on gas and restaurants on up to $1,000 in combined purchases each quarter.

Plus 1% cash back on all other purchases.

Cashback Match all of the cash back earned at the end of your first year.

0% Intro APR for 14 months on purchases & balance transfers, 3% fee for each balance transfer.

APR is 24.74%, high but will pif.

EQ8 – 708 – Inq. 21

TU8 – 727 – Inq. 16

EX8 – 728 – Inq. 25

New Accounts in the last year (8-2017 to 8-2018) - 28

[AverageJoesCredit]

Thanks Rosey, nice job, wholey cow 28 accounts in one year Chasing the 5/24

[Anonymous]

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@AverageJoesCredit wrote:
Thanks Rosey, nice job, wholey cow 28 accounts in one year Chasing the 5/24

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Lol, It took me 2 years fixing my credit.  My score than was 508 and had 1 bank card and some store cards.  My goal was once I reached high 600's, go on app spree and built a thick file in 1 year.  Back than I didn't know about Chase 5/24 but I do have Freedom, Freedom Unlimit and Chase Amazon Rewards Card).  I now have 20 bank cards.  Yes, score increased but my AAoA took a big hit   Now, since the year is up, I am inviting myself into the Garden.