Recently I did a BT from my DW's Discover to mine.......
It's my understanding that you can't do a balance transfer from one Discover card to another.
- Discover Card accounts"
When I received the card I immediately asked when I should request a credit limit increase, and they told me August. I Requested it today and was denied again. Both of my cards are still twins at $2,000 credit limit.
The first one is very understandable because I initially had a secured card.
My statement date isn't until towards the end of the month so I am hopeful I will receive a credit limit increase at some point this month since I have credit cards reporting higher limits now.
Now I am a bit worried that my charge card I got in May, and my Citi rewards flexible spending limit spook discover. I hope they don't look at it as I have to much credit elsewhere. I am going to lower my spend a bit over the next couple of months with discover anyways so I will see how that works out going from very heavy spend since I got the cards 2 lighter spend on my newer card. And no spend on my older car just paying down the 0% apr offer.
Both cards are about 35% utilization. My overall utilisation is 6%
I will be disappointed if I don't get a credit limit increase this month but doesn't really matter...
Just don't be disappointed if you are denied again for a Discover CLI. There is truly no rhyme or reason to their decision making on who gets one and who doesn't.
@averagejoescredit -If you don't mind me asking how much total if any cli have u received. I'm now on my second year with my 1st card and think this card may be bucketed since I had a low score when I applied. I honestly thought my second sl would be higher than my first but they just matched it. Credit score was 730 for 2nd app. Have you closed any Disco cards in past?
No problems. My first Disco started in 2016 at $2500. I was on the now famous, or maybe infamous, $500 cli train more or less every 3 months, hence the AJC Special was born. I ended up at $4000 after my first year when i decided to close it since i figured id never see real growth.
3 months later i decided to try again for Miss Disco and was approved for $5000. Again, i ended up getting 3 $500 cli , though my 90 day windows started drying up lol. Recently for first time ever, my second It broke the mold and i finally got $1500. So it now sits at $8000.
This past Feb i went Chrome, my 3rd straight year of Double Cash back, though i dont fully max its potential like some as my income is low. Was approved for $1000 on my first ever prequal though at a very high apr, go figure. Have received a $500 increase since.
Disco is one of my favorite lenders for their unpredictability lol. Keep the faith it will happen.👍😉
Since my credit limits have gone up I'm not sure if banks will see my total credit and think I have enough or hopeful they will try to match each others limits.
It definitely depends on the profile. Discover was my largest limit at the time I was approved and as I've opened other cards and grown them, Discover has in my view attempted to try and remain in that Number 1 slot. About a year ago they fell to Number 2 (out of 7) as my Amex with $5k CLIs every 6 months finally took the lead. I've continued to see Discover CLIs though since then, so perhaps they're attempting to reclaim that Number 1 spot.