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Discover CLI $6k

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NRB525
Super Contributor

Discover CLI $6k

I waited until my March statement just printed, because I want to see what happens when the balance goes from over 30% (February statement) to something under 30% (this March statement at 26%). Thought about waiting some more, but nah, went ahead, and did the CLI.

 

$6k increase. Bam!

 

History of CLI:

Started at $5k in 2012. Maxed a BT offer and paid down.

 

Mail offer May 2014 for a temporary $3k CLI for 12 months, to $8k. Maxed out with a 0% APR BT to $7,740 balance. Added spend, paid down to $900 by March 2015. Then another $2,500 0% BT onto the card.

 

Expired temporary CL, CLD back down to $5k May 2015.

May 16 2015 CLI $1k to $6k.

 

Paid down to reach zero September 16, 2015

 

Sept 23 2015 CLI $500 to $6,500, called and got a 0% BT, and supposed 0% on purchases for a year. Proceed to charge and BT up to $3,300 in December. Had to call to re-set up the 0% on purchases for 12 months.

Nov 1 2015 CLI $1,500 to $8,000

 

March 18 2016 CLI $6,000 to $14,000, latest statement balance $2,060 on the $8k CL. Payments have been on autopay for $333 per month for a while now, plus I try to pay "new charges" on the statement, to keep the BT on a glide path to zero.

 

Discover CLI March 18 2016.JPG

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 1 of 12
11 REPLIES 11
ddemari
Super Contributor

Re: Discover CLI $6k

Wow that's awesome! Congrats on your success!
Message 2 of 12
Saleen099
Senior Contributor

Re: Discover CLI $6k

Nice Congrats!!!!! 

Message 3 of 12
CreditMagic7
Mega Contributor

Re: Discover CLI $6k

Nice and thanks for sharing your timeline on it.

 

Steady progress.

Message 4 of 12
Anonymous
Not applicable

Re: Discover CLI $6k

seems like they've offered you 0% for 2 years lol
Message 5 of 12
Anonymous
Not applicable

Re: Discover CLI $6k

Congrats!

Message 6 of 12
alextercero
Super Contributor

Re: Discover CLI $6k

Congrats

Current Credit Cards


Currently rebuilding as of (May 2021)

Current Fico Scores 8/9: (March 2024)


Credit Age:

Inquiries:

Message 7 of 12
Anonymous
Not applicable

Re: Discover CLI $6k

Congrats!!!!!!!!!!!!!

 

I finally got a decent CLI myself on my Discover It of $1500. Started 13 months ago with 5K and today at 8.5K!

Message 8 of 12
Anonymous
Not applicable

Re: Discover CLI $6k

Congrats!

Message 9 of 12
NRB525
Super Contributor

Re: Discover CLI $6k


@Anonymous wrote:
seems like they've offered you 0% for 2 years lol

The latest ask in September was due to the Apple Pay activation at 10% for late 2015. That's where I found out they don't send BT offers in snail mail anymore, the BT offers just sit waiting on your on line account.

 

I also found out, it is not a good idea to talk with a Discover CSR about two things in the same call. He said he activated the 0% purchases for a year (which was a counter offer to my ask for an APR reduction from 18.24%) but the actual purchases 0% APR activation got derailed and thus not completed when I asked about BT offers. I had to call in again after the next statement to get the 0% Spend offer really activated. All is well now.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 10 of 12
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