Wasn't a big deal for me but I figured some would like to see the data. I have more than enough credit for my situation but I've been trying to get a minimum of 5k on all revolvers just because I haven't been interested in any new cards lately. Maybe this will be useful to some. Thanks everyone!
Discover CL = $4000
Reasons for denial:
Low usage on existing line of credit in previous months.
This was surprising since I've max'd out the rewards in the quarterly categories in the past year.
TU = 794
Credit history = 9 years
AAoA = 3.5 years
Inquiries = 0/12, 1/24
Utilization = 1% (one account)
6 revolvers and 1 auto loan
0 missed payments
Great information, thank you very much!
Sorry to hear about your denial! Thank you for sharing this info! This is the same denial reason I keep getting too.
My dilemma is I want to increase my card slightly more from $17,500 to $20K but it's hard to spend enough to get them to increase me again because the most I spend is $1500 a quarter for the 5% categories.
To make matters worse the last few months I've spent less than $1500 due to the chosen categories for quarter 1 being less back than I would get for using a different card in my arsenal. Also I haven't been willing to settle for 1% cash back yet to spend more than the $1500. Hopefully they'll let me increase it soon. Best wishes to you next time you ask!
