cancel
Showing results for 
Search instead for 
Did you mean: 

Discover Soft Pull - AR

Frequent Contributor

Discover Soft Pull - AR

How often does Discover do AR's, especially if you are a new customer? I've had the card for a month, still no statement has cut. I called in and they said it would be the 17th of each month. No clue why it didn't cut on the 17th of June. Anyway, CL is $1500, I've ran through about $1300 on the card and have PIF already. Is that going to put up a red flag or anything? I used their site to get 5% back on a iPad so there was $530 of the $1300 I've ran through.  Just wandering.....

5/17/19 TU 771 EX 786 EQ 767 ---- Discover $35,000/BOA $25,000/Macy's $25,000/Sam's Club MC $20,000/AmEx Delta Plat $18,500/Lowe's $15,000/Wells Fargo PLOC $15,000/BOA Cash Rewards $13,800/Apple Rewards $12,100/GM BuyPower $12,000/AmEx Hilton Honors $10,000/Dick's MasterCard $10,000/Citi Simplicity $8200/Citi Double Cash $7900/Wells Fargo Visa $7000/State Farm $4000
Message 1 of 11
10 REPLIES 10
Frequent Contributor

Re: Discover Soft Pull - AR

They AR my TU report once a month.

 

Not sure about the other ones.

-----------------------
My favorite card right now: Fidelity Investment Rewards Visa Signature
Message 2 of 11
Frequent Contributor

Re: Discover Soft Pull - AR

Seriously?  Isn't that a little overboard? Especially since I hear their CLI's are nothing great.

5/17/19 TU 771 EX 786 EQ 767 ---- Discover $35,000/BOA $25,000/Macy's $25,000/Sam's Club MC $20,000/AmEx Delta Plat $18,500/Lowe's $15,000/Wells Fargo PLOC $15,000/BOA Cash Rewards $13,800/Apple Rewards $12,100/GM BuyPower $12,000/AmEx Hilton Honors $10,000/Dick's MasterCard $10,000/Citi Simplicity $8200/Citi Double Cash $7900/Wells Fargo Visa $7000/State Farm $4000
Message 3 of 11
Frequent Contributor

Re: Discover Soft Pull - AR

Yes, always right when my statement generates.  A few days later I see a soft from them.

 

I just got my card in Dec. 2010, so maybe they just monitor new people, but I am not sure.

 

I called in for a CLI once my 6th statement generated, and I got the automated thing, and it was declined.  Got transferred to a really nice guy who said it was because I had too many accounts with balances (I have 5 student loans, a mortgage and a car payment INCLUDING my credit cards) so I understood that one.  He told me to get some of my smaller balances to $0 and try again in 4 months.  He said it was a soft pull on TU.  He said the average CLI he sees is around $1,500.

 

-----------------------
My favorite card right now: Fidelity Investment Rewards Visa Signature
Message 4 of 11
Frequent Contributor

Re: Discover Soft Pull - AR

Does Discover balance chase or will they lower your CL if you made some new inquiries on your CBR since getting the account?  I was shopping around for a car loan, so there are new inquiries on my report since opening this account. But, I have basically PIF this account prior to any statement.  I do not care if I get a CLI, I just do not want a CLD.

5/17/19 TU 771 EX 786 EQ 767 ---- Discover $35,000/BOA $25,000/Macy's $25,000/Sam's Club MC $20,000/AmEx Delta Plat $18,500/Lowe's $15,000/Wells Fargo PLOC $15,000/BOA Cash Rewards $13,800/Apple Rewards $12,100/GM BuyPower $12,000/AmEx Hilton Honors $10,000/Dick's MasterCard $10,000/Citi Simplicity $8200/Citi Double Cash $7900/Wells Fargo Visa $7000/State Farm $4000
Message 5 of 11
Frequent Contributor

Re: Discover Soft Pull - AR

Didn't do anything to me.  I opened about 6 new accounts within 6 months of opening my Discover card.

-----------------------
My favorite card right now: Fidelity Investment Rewards Visa Signature
Message 6 of 11
Frequent Contributor

Re: Discover Soft Pull - AR

Ok, that makes me feel better. I thought I had read a link on here where some guy had his CL CLD after his first or second statement.  I believe he called and got it fixed but I thought that was crazy.

5/17/19 TU 771 EX 786 EQ 767 ---- Discover $35,000/BOA $25,000/Macy's $25,000/Sam's Club MC $20,000/AmEx Delta Plat $18,500/Lowe's $15,000/Wells Fargo PLOC $15,000/BOA Cash Rewards $13,800/Apple Rewards $12,100/GM BuyPower $12,000/AmEx Hilton Honors $10,000/Dick's MasterCard $10,000/Citi Simplicity $8200/Citi Double Cash $7900/Wells Fargo Visa $7000/State Farm $4000
Message 7 of 11
Frequent Contributor

Re: Discover Soft Pull - AR

Their CSR's are pretty nice.  Talking to them has always been a good experience to me.  So no worries.

-----------------------
My favorite card right now: Fidelity Investment Rewards Visa Signature
Message 8 of 11
Established Contributor

Re: Discover Soft Pull - AR


@junior88 wrote:

How often does Discover do AR's, especially if you are a new customer? I've had the card for a month, still no statement has cut. I called in and they said it would be the 17th of each month. No clue why it didn't cut on the 17th of June. Anyway, CL is $1500, I've ran through about $1300 on the card and have PIF already. Is that going to put up a red flag or anything? I used their site to get 5% back on a iPad so there was $530 of the $1300 I've ran through.  Just wandering.....



Paying your bill on time and not going over your CL will never raise a red flag.

Amex BCE $11.1 / Citi Diamond Preferred WMC $12K / Citi Double Cash WMC $3.8K / Comenity Total Rewards Visa $2.5K / Citi Home Depot $5K / AU- Amex BCP $12K / Chase Freedom Visa $11014.00 / PenFed Platinum Rewards Visa Signature $6K / GE Lowes $10K
myFico Scores on 10/03/2014
Eq 798 / Exp 811 / Trans 814
CCT Fico 08 on 1/3/16 - Trans 786 / Exp 793 / Eq 797
Message 9 of 11
Valued Contributor

Re: Discover Soft Pull - AR

I remember reading something about their CLI limit is typically 50% of your current CL for an increase.

 

e.g. 4K limit = CLI of 2K = 6K CL

Message 10 of 11
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.