My wife is at $27.5k and just got the insufficient experience letter again about 190 days since her last 2-day CLI of $500. She was on the 61 day train. My last one was early February and I seem to be stuck at a measly $6500 for now. I would be a profitable BT customer with a much higher line. As it is, I am now an unprofitable $1500/quarter 5% (was 10% with doubling) cash back customer.
@Anonymous wrote:
@Anonymous wrote:
What is it exactly if anyone knows? I've seen a few posts about an issue with their giving out cli's but mostly about the frustration. I was getting cli's every 90 days and that stopped with my last one on 2/11/17.If you read through the last few pages of the Discover unofficial data points thread, you'll find everything you want to know about this issue.
In a nutshell, the system clock appeared to be reset in late March, on or about 3/29. What this means if if you got a CLI in say January and were going to be due for another on 3/30, the clock got reset a day before you could have gotten it, so no CLI on the 30th or any time slightly after. I have not received a CLI since early January, when I had gotten 4 in the 6 months before that. It also appears that this issue has impacted those with higher credit lines more than lower ones. Those with $20k+ limits on their Discover card aren't getting CLIs at all since before 3/29. I think maybe 3 people have reported getting one since then, where those with limits below $20k at least a dozen or more people have reported getting one, although not with the frequency that they were prior to 3/29.
I have an unsecured Discover card.. and I havent seen one since early this year.. got two immediate denials this year
16300 is my current CL
@K-in-Boston wrote:
My wife is at $27.5k and just got the insufficient experience letter again about 190 days since her last 2-day CLI of $500. She was on the 61 day train. My last one was early February and I seem to be stuck at a measly $6500 for now. I would be a profitable BT customer with a much higher line. As it is, I am now an unprofitable $1500/quarter 5% (was 10% with doubling) cash back customer.
Have you checked whether you can get a 0% on purchases APR for 12 months?
Have you used any of the no-fee BT offers to move a small amount onto the card and pay it off over a few months at 4.99% APR?
Combining theee two is a way to get double duty out of the Discover card.
@NRB525 wrote:
@K-in-Boston wrote:
My wife is at $27.5k and just got the insufficient experience letter again about 190 days since her last 2-day CLI of $500. She was on the 61 day train. My last one was early February and I seem to be stuck at a measly $6500 for now. I would be a profitable BT customer with a much higher line. As it is, I am now an unprofitable $1500/quarter 5% (was 10% with doubling) cash back customer.Have you checked whether you can get a 0% on purchases APR for 12 months?
Have you used any of the no-fee BT offers to move a small amount onto the card and pay it off over a few months at 4.99% APR?
Combining theee two is a way to get double duty out of the Discover card.
Yes, she got 0% for a year about 6 months ago (first time she has asked for an APR offer in 22 years of having the card). My card just turned 1 and I took the permanent APR reduction which got it back down to the 15.24% it was when I opened it before the Prime Rate increases - planning to keep asking every 6 months. For hers, we've been doing large BTs ($5,000 to $15,000 at a time) for a few years now at the 4.99% (which works out to slightly less than a standard 3% fee + 1.99% offer over a period of time) and have paid them off a few times.
If I don't see a good jump (or jumps) over the next 5-6 months, I may try taking the 0% on mine instead of a permanent APR reduction so that I can move over a few thousand as a BT and still be able to use the card for category spend without having to worry about the lack of grace period on new purchases.