Approved For Discover, What’s Next?

[Anonymous]

I was approved for a Discover It card. The amount is only $500, but I will keep working to get a healthy CLI as soon as possible.

NFCU has the 90/3 rule. Does Discover have something similar?

[Rebuild2019]

Congrats on your approval.

[Anonymous]

---

@Anonymous wrote:

I was approved for a Discover It card. The amount is only $500, but I will keep working to get a healthy CLI as soon as possible.

NFCU has the 90/3 rule. Does Discover have something similar?

---

Congratulations on your approval!

If you are referring to applying for a new card, it is 1 year from what I've seen.  You can apply for and get approved for a 2nd Discover one year from the day of opening the 1st.  Same goes for CLI.  It appears they may have changed it so you cannot request a CLI for the first 12 months after opening a new card.  

After that, I think it is every 30 days you can request a CLI but once approved for 1, there is a 6 month window before the next one.  Someone else may have to clarify on those data points, but that is what I remember it being.

[Anonymous]

The positive about a 12 month window is that it allows me to just garden for a while. The negative is I cannot get one LOL

[Doodlebug30]

Congrats on your new discover!!

[_bobby_lee]

Congrats on the approval! My experience with Discover is that they give generous CLI's when you keep your utilization down and wait a while between CLI requests. I've never chased the CLIs as regularly as some, but I have taken my CL from $2k to $10.4k with 2 CLI requests over 3 years using a usage-based strategy of "I have kept my utilization down and just made a large purchase and paid it down to zero quickly, so I'll ask for one now". That is not hard data, just my experience. Best of luck growing your Discover!

[Anonymous]

---

@_bobby_lee wrote:

Congrats on the approval! My experience with Discover is that they give generous CLI's when you keep your utilization down and wait a while between CLI requests. I've never chased the CLIs as regularly as some, but I have taken my CL from $2k to $10.4k with 2 CLI requests over 3 years using a usage-based strategy of "I have kept my utilization down and just made a large purchase and paid it down to zero quickly, so I'll ask for one now". That is not hard data, just my experience. Best of luck growing your Discover!

---

I agree, I feel from experience that Discover is very much suited for the type of people who swipe a lot, but PIF throughout the month, and don't carry balances.  It's funny because I saw an interview with the CEO of Discover who said they specifically target the middle income consumer that carries a balance month to month - however, that's not how I've seen them react to people in actual experience reports on the forums. 

[_bobby_lee]

---

@Anonymous wrote:

---

@_bobby_lee wrote:

Congrats on the approval! My experience with Discover is that they give generous CLI's when you keep your utilization down and wait a while between CLI requests. I've never chased the CLIs as regularly as some, but I have taken my CL from $2k to $10.4k with 2 CLI requests over 3 years using a usage-based strategy of "I have kept my utilization down and just made a large purchase and paid it down to zero quickly, so I'll ask for one now". That is not hard data, just my experience. Best of luck growing your Discover!

---

I agree, I feel from experience that Discover is very much suited for the type of people who swipe a lot, but PIF throughout the month, and don't carry balances.  It's funny because I saw an interview with the CEO of Discover who said they specifically target the middle income consumer that carries a balance month to month - however, that's not how I've seen them react to people in actual experience reports on the forums. 

---

@Anonymousthat's really interesting - I know discover has really pushed the 0% APR balance transfer offers so maybe they are targeting the new customer that carries a balance, but yeah, as soon as you are in the door with them, I don't think you should keep that up lol. All research has pointed to the opposite. Sounds like something a CEO would say, though, becuase that's how money is made in this industry.

[AllZero]

Congratulations on your approval!

[CreditAggie]

Congratulations on your Discover approval!