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Sbrooks1
Valued Contributor

Discover

I can't get approved for a CLI on Discover for years, Same limit I had when I opened it, 6500, I have 2 % UTI and never carry a balance on this card, only use for Netflix monthly, is that why? Should I just get rid of it? My other cards have 15-30 limits. 

Message 1 of 21
20 REPLIES 20
Mycreditjourney2020
New Contributor

Re: Discover

I would suggest putting some more significant spend on the card for a few months then apply for a CLI.

Message 2 of 21
Anonymous
Not applicable

Re: Discover

If it's an old account it might be a bad idea to close it, if it would impact your AAoA because that impacts your Fico

also, you'd be losing $6,5k of credit from your Total Revolving Credit which might impact your score if you have any debt on other cards... tho you say 2% uti so maybe not. 

Not sure if you've tried to CLI via the chat function In the app or on line. Often those folks can get you what you want. Good luck!

Message 3 of 21
SoCalGardener
Valued Contributor

Re: Discover

Trust me on this: you're not alone! Smiley Happy

 

Just recently, I posted a thread asking for tips on how to get Discover to [finally] approve a CLI. I kid you not, but three days later I pushed the love button on Discover's site, and got a nice CLI! Maybe you'll have the same luck. Smiley Very Happy

 

If that method doesn't work out, I'd suggest making more use of your card. It looks like you're just barely using it, and they like to see considerable activity. Among the denial reasons I had along the way was one saying 'insufficient use of available credit' (or similar). In other words, I wasn't using what was already available to me, so why give me an increase?! I ramped up my spending for several months, but continued getting denied; I figured it was because I still kept my utilization rate too low. And then, out of the blue, I got approved. Smiley Surprised So I suggest having larger, more frequent transactions on your card, wait until the moon is full, stand on your head, make sure there's a 'd' in the day's name, and press the magic button! Smiley Happy

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Message 4 of 21
Michizane
Regular Contributor

Re: Discover

You need to put a lot of spend on their cards and pay it off before the statement cuts. I got 2 CLI's (500>1000>2000) after I significantly put more spend on the card. I've had the $500  CL for like 6 years before I got the first CLI this year.

 

I would try putting a couple hundred of spend on it, and try for a CLI a few days after your statement cuts. Discover is running 5% back on restaurants and PayPal ($1500/$75 cashback for the quarter) till next month which is awesome (Anytime you use PayPal as payment). Especially since since quite a few sites take PayPal as payment. I've been able to rack up a ton of spend buying stuff online for in store pickup for Home Depot, Best Buy, etc. 

Message 5 of 21
Anonymous
Not applicable

Re: Discover


@Sbrooks1 wrote:

I can't get approved for a CLI on Discover for years, Same limit I had when I opened it, 6500, I have 2 % UTI and never carry a balance on this card, only use for Netflix monthly, is that why? Should I just get rid of it? My other cards have 15-30 limits. 


When you apply for a CLI with Discover and it is denied they will send to you by regular postal mail a letter with the reason why you where denied. Once you receive that please post the issue so we can see if we can figure out the best cause of action.

Thanks

Mark

Message 6 of 21
AverageJoesCredit
Legendary Contributor

Re: Discover

$10-$15 monthly charge will not move a $6500 limit . Spend with it or maybe just move on. If it doesnt bring  you what you need, and im assuming you want high limit cards for padding based off your other limits, maybe close it and look for a lender who will give periodic cli on a more predictable schedule. 

Message 7 of 21
AverageJoesCredit
Legendary Contributor

Re: Discover


@Anonymous wrote:

@Sbrooks1 wrote:

I can't get approved for a CLI on Discover for years, Same limit I had when I opened it, 6500, I have 2 % UTI and never carry a balance on this card, only use for Netflix monthly, is that why? Should I just get rid of it? My other cards have 15-30 limits. 


When you apply for a CLI with Discover and it is denied they will send to you by regular postal mail a letter with the reason why you where denied. Once you receive that please post the issue so we can see if we can figure out the best cause of action.

Thanks

Mark


Im guessing insufficient experience at current limit or low usage as they are most common. Best way to remedy that is to actually use the cardSmiley Wink

Message 8 of 21
AverageJoesCredit
Legendary Contributor

Re: Discover


@Anonymous wrote:

If it's an old account it might be a bad idea to close it, if it would impact your AAoA because that impacts your Fico

also, you'd be losing $6,5k of credit from your Total Revolving Credit which might impact your score if you have any debt on other cards... tho you say 2% uti so maybe not. 

Not sure if you've tried to CLI via the chat function In the app or on line. Often those folks can get you what you want. Good luck!


Closing an account does not affect ones AAoA, still factors inSmiley Wink

Message 9 of 21
AverageJoesCredit
Legendary Contributor

Re: Discover


@Michizane wrote:

You need to put a lot of spend on their cards and pay it off before the statement cuts. I got 2 CLI's (500>1000>2000) after I significantly put more spend on the card. I've had the $500  CL for like 6 years before I got the first CLI this year.

 

I would try putting a couple hundred of spend on it, and try for a CLI a few days after your statement cuts. Discover is running 5% back on restaurants and PayPal ($1500/$75 cashback for the quarter) till next month which is awesome (Anytime you use PayPal as payment). Especially since since quite a few sites take PayPal as payment. I've been able to rack up a ton of spend buying stuff online for in store pickup for Home Depot, Best Buy, etc. 


Discover is so over the place with who and how they give a cli, ones method doesnt necessarily  work for other. Paying off before a statement cuts doesnt equate to getting a cli, it just appears thats how it worked out for you. I think the only thing we may be certain of with Discover is using the card is a much more viable option than notSmiley Wink

Message 10 of 21
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