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Discover it ! Approval with low CLI...

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meteogeo
New Contributor

Discover it ! Approval with low CLI...

Hello!! Happy new year to everyone! I got apporved for my 2nd credit card- DISCOVER IT(i received an offer in the mail)!!! However they gave me a low CL: 1,000$ which initially disappointed me but I suppose this is most likely due to the fact that  I am relatively new to credit(3 months) ... My 1st credit card is the BofA  cash rewards with a CL of 4,000 $ (since October 2014) and I love it so far! I am planning to pay off my BofA card in the next 3-4 months and keep a low balance on my discover it card and then either  apply for chase freedom or request a CLI for Discover. What do you think is better to do first:  CLI or new credit card?

Message 1 of 12
11 REPLIES 11
gdale6
Moderator Emeritus

Re: Discover it ! Approval with low CLI...


@meteogeo wrote:

Hello!! Happy new year to everyone! I got apporved for my 2nd credit card- DISCOVER IT(i received an offer in the mail)!!! However they gave me a low CL: 1,000$ which initially disappointed me but I suppose this is most likely due to the fact that  I am relatively new to credit(3 months) ... My 1st credit card is the BofA  cash rewards with a CL of 4,000 $ (since October 2014) and I love it so far! I am planning to pay off my BofA card in the next 3-4 months and keep a low balance on my discover it card and then either  apply for chase freedom or request a CLI for Discover. What do you think is better to do first:  CLI or new credit card?


Grats on your new Discover card, CLIs first as long as they are not HPs. Welcome to MF Smiley Happy

Message 2 of 12
Anomalous
Senior Contributor

Re: Discover it ! Approval with low CLI...

Congratualtions!

Keep both your credit and your body in top shape!

Message 3 of 12
coldnmn
Mega Contributor

Re: Discover it ! Approval with low CLI...

Congrats! Welcome to the forum and thanks for sharing.

 

 

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
Message 4 of 12
Anonymous
Not applicable

Re: Discover it ! Approval with low CLI...

Congrats on your approval

Message 5 of 12
CreditMagic7
Mega Contributor

Re: Discover it ! Approval with low CLI...

Congrats! on a good start!

Message 6 of 12
Anonymous
Not applicable

Re: Discover it ! Approval with low CLI...

Congratulations!

Message 7 of 12
FocusedAndDetermined
Senior Contributor

Re: Discover it ! Approval with low CLI...

Congrats, and welcome to the forum!

Message 8 of 12
uswala
Senior Contributor

Re: Discover it ! Approval with low CLI...

Congrats on the approval!

Message 9 of 12
Anonymous
Not applicable

Re: Discover it ! Approval with low CLI...

Congrats!
Message 10 of 12
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