Discover it miles - Generous Limits?

[Anonymous]

I’m looking into getting a Discover It Miles credit card and wondering what everyone’s initial credit limit was? I heard Discover gives a pretty hefty limit at first! Plus the miles would be nice to go towards vacations.

Right now I have very low limits - Cap one Quicksilverone @ $300 USAA Secured @ $500 and Chase Freedom Unlimited @ $1,000

My Experian FICO score is 706. According to credit karma i have a 677 TransUnion and 687 Equifax. I would appreciate everyone’s feedbZck!

[Anonymous]

FWIW: when I opened mine in Feb 2016 (my first Discover card) the starting CL was $12,500,   My wife got about the same a year later.

This was on the low side of my other cards

[Anonymous]

If you don’t mind me asking, do you remember what your scores were at that time?

I’d hate to get stuck with another $500 limit card!

[Anonymous]

Sometimes they do sometimes they don’t.

I have Discover IT cash back that I opened April 2019 with a starting line $9500.

At the time 670-698 scores Fico 8

Negatives: 4 90 day late federal student loans (feb 2015 x 2 and Apr 2018 x 2) and 1 paid collection first delinquent dec 2014.

I was pre approved for all their cards at application time

[kdm31091]

I don't know that Discover is really known for generous limits, especially considering your other limits. I certainly would not expect a huge approval. That said, Discover is (for some) flexible with CLI over time.

[Anonymous]

I appreciate you’re input! I think i might go for it next month, thank you!

[HeavenOhio]

Welcome, @Anonymous.

One thing about Discover is their unpredictability. myFICO Member A can report one experience with Member B reporting exactly the opposite.

But we know they like files like yours. I woudn't necessarily expect a huge limit right away. Getting your largest limit thus far wouldn't surprise me, though. And I'd be surprised if you weren't well positioned for credit limit increases.

[Anonymous]

That’s what i read, they give pretty good sized limits to people with low limit cards so they can put themselves as “the daily card”. I think I’m going for it next month though!

[Anonymous]

Welcome to MyFico!

My first (Discover It) card started at $5500, now $21,500

My second (Discover It Miles) card was $1,000, now $7,000

So, even with lower limits, Discover cards can grow. 

[wasCB14]

Keep in mind two very different profiles can have similar scores. Also, income can play a big role.

I got mine in 2014 as a joint account with my mother (I had 4 months of history and mostly wanted the free FICO scores). $2k SL even though I think she PIFed a few aged 5-figure cards.