cancel
Showing results for 
Search instead for 
Did you mean: 

Discover credit increase?

IckyVicky
Valued Member

Re: Discover credit increase?


@Gladius wrote:

I just recently received an automatic CLI from Discover last month from $4000 to $7300.  My balance is around $2500.  I have just been paying the minimum for the past year and haven't used the card at all in a year.


Oddly, it seems like Discover is giving increases if you had a big balance and slowly paid it off/made payment towards it as we had similar balances, paid it off slowly and was given CLIs.

|Trans: 792 |Equ: 794 |Exp: 781|
|Amex BCE: $30k |Discover: $26.5k |Citi DC: $13.7k|
|Chase FU: $6k |Cap1 Venture: $4.4k |Cap1 Secure: $1k|
Message 21 of 27
KJinNC
Valued Contributor

Re: Discover credit increase?


@IckyVicky wrote:

Oddly,

Yeah ... Smiley Happy

 

Seriously, don't try to figure it out. To know the mind of Discover is to know madness.


FICO Resilience Index: 66. Cards: 12/24, 1/12, 1/6. Accounts including loans: 13/24, 2/12, 1/6. At first accidentally, later deliberately, I used what I call the "thick-start" build method, which leads to heavy credit-seeking for a while with the goal of coming out of it without needing to build a thin profile for years. There are pros and cons. Thread describing method
Cards (oldest to newest)


Authorized user / Corporate / Auto loan / Personal loan

Card CLs total $119,100, not counting the AU card. The AU card brings the total to $145,600. In March 2019, card CLs totaled $0.
CU and bank memberships: Coastal Credit Union, member since 1987, direct deposit; PenFed, member since 2019; Navy Federal, member since 2020; USAA, member since 2020; Chase Bank, member since 2020.

Closed but still on reports: American Express Delta Gold, $1,000, 09/19-10/20 | American Express Hilton Aspire, $3,100, 09/19-12/20 | Citi secured, $200, 04/19-09/19 | Capital One secured, $300, 04/19-08/19 | My Jewelers Club, $5,000, 05/19-08/19 | Green Dot Primor, $300, 05/19-08/19 | Self Lender secured $500 loan, 04/19-01/20 | Unsecured personal loan from Coastal, $1,000, 06/19-08/19.
Note: My signature is updated frequently, and updates appear on all instances of my signature including on old posts.
Message 22 of 27
IckyVicky
Valued Member

Re: Discover credit increase?

Lol, I'll try not to do so. 
However, boredom will make you try to figure out credit cards algorithms for CLIs with no knowledge of it.

|Trans: 792 |Equ: 794 |Exp: 781|
|Amex BCE: $30k |Discover: $26.5k |Citi DC: $13.7k|
|Chase FU: $6k |Cap1 Venture: $4.4k |Cap1 Secure: $1k|
Message 23 of 27
tech-d
Valued Member

Re: Discover credit increase?

I got a $300 increase two weeks ago, isn't much but at least it's an even four digit number ($3k now)

*I for whatever reason don't like uneven numbers and numbers that aren't powers of 2, regardless of what it has to do with. Too many math classes in college...

TU (Discover App): 770
EX (EX website): 767

EQ (EQ website 5/26): 800
American Express Platinum NPSL || Citi Premier $9k || HSBC: $8.25k || Disc: $7k || Target MC: $5k || Apple: $5.5k || American Express Blue Cash Preferred $5k || American Express Delta Gold $3k || Amazon: $2.4k || Cap1: $2.5k || Saks: $2k
Message 24 of 27
Denib21
New Visitor

Re: Discover credit increase?

2500 clu approved yesterday when o called to close none of my two discover cards and asked to move credit over to the other card. They said they had to do a clu and if approved they would move all my credit and they did. Weird but it worked. 

Message 25 of 27
Phoenixupward
Regular Contributor

Re: Discover credit increase?

Discover is such an oddity.  I have 2 cards with them.  Both opened in 2019 as well as 3 months apart. Don't know how that happened.  Last month, I requested a credit limit increase on both cards and were approved.  One card has 2 subscriptions for my health insurance and I use it for Amazon purchases.  The other card is used not as much but it's used monthly.  Both cards are PIF every month.  Discover is strange.  I can't figure them out either.   

Message 26 of 27
cecilp84
New Visitor

Re: Discover credit increase?

Wait... How do you have 3 Cap One credit cards!? I thought you are only allowed 2?

Message 27 of 27
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.