Discover NYE $1,000 CLI & 0% APR Promo - 1 Year Review

[Anonymous]

Congrats 

[mgood]

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@ultimaterewardsguy357 wrote:

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@mgood wrote:

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@ultimaterewardsguy357 wrote:
. . . I've been hearing 12 billing cycles ending after the statement date vs 12 months from account anniversary vs the 1st day of the month after the 12th billing cycle as the ideal time to request your CLI from Discover for recently opened accounts. It looks like the underline is true. At least that was my case. YMMV.

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So barring any policy changes between now and then, I guess I should try that one year from today. I got my Disco early last month.

Oh, and congratulations on your CLI

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Yes, that's correct! Remember to go off of your billing cycle. Mine was always the 23rd of each month. 

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Not sure I grok all that.

I think the account opened on Dec. 4.

Info I got somewhere (in an email, maybe) said the statement date would fall on the 12th of each month.

I got a quasi-statement on Dec. 15 showing $221 I'd already spent but $0 due.
It still shows "Last Statement Balance $0"  and "No Payment Due," but now says "Next Statement Closing Date Jan 17, 2021."
So I'm not really sure if what I got on Dec. 15 is my "first statement" and I can apply for CLI on Jan 1, 2022, or if Jan 17 is my first real statement and I need to wait until Feb 1, 2022 to apply for CLI.

[firefox100]

Congratulations and happy new year. Discover is class act because you can speak to customer service and credit operations who will try to work with you and when they can not work with you for credit increase they will explain what is going on not like some other banks do. What I see that Discover went from beeing great and easy  for credit increases before Covid to tightening up on credit other bank who had higher standards before the covid out break are still granting nice credit increases and credit. I do like Discover , I have a 29K limit and since Covid can not get increase. I am going to put all my grocery and drug store spend on the card 5% cash back then in april will ask for increase, will pay off what ever the balance is before they report.

[MyFault]

Congrats on your CLI!

[gdale6]

Grats on your CLI and happy new year

[CreditAggie]

Congratulations on your Discover CLI!

[ultimaterewardsguy357]

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@mgood wrote:

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@ultimaterewardsguy357 wrote:

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@mgood wrote:

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@ultimaterewardsguy357 wrote:
. . . I've been hearing 12 billing cycles ending after the statement date vs 12 months from account anniversary vs the 1st day of the month after the 12th billing cycle as the ideal time to request your CLI from Discover for recently opened accounts. It looks like the underline is true. At least that was my case. YMMV.

---

So barring any policy changes between now and then, I guess I should try that one year from today. I got my Disco early last month.

Oh, and congratulations on your CLI

---

Yes, that's correct! Remember to go off of your billing cycle. Mine was always the 23rd of each month. 

---

Not sure I grok all that.

I think the account opened on Dec. 4.

Info I got somewhere (in an email, maybe) said the statement date would fall on the 12th of each month.

I got a quasi-statement on Dec. 15 showing $221 I'd already spent but $0 due.
It still shows "Last Statement Balance $0"  and "No Payment Due," but now says "Next Statement Closing Date Jan 17, 2021."
So I'm not really sure if what I got on Dec. 15 is my "first statement" and I can apply for CLI on Jan 1, 2022, or if Jan 17 is my first real statement and I need to wait until Feb 1, 2022 to apply for CLI.

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It looks like your statement end date is the 17th of each month, @mgood. So aim for February 2022 to request your CLI.