How Often Does Discover Improve Credit Limit?

Anonymous · ‎03-19-2019

I recommend reading through the Discover unofficial data points thread when you have time, as you'll see a ton of different profiles and what worked/didn't work for them with respect to Discover CLIs. Whether or not that information has any bearing on your Discover growth now and in the future is questionable, but it's a great read and will arm you with plenty of knowledge when it comes to Discover CLIs.

Anonymous · ‎03-19-2019

I have a $2000 limit on my Discover, It is the lowest of all my cards and it's only 2 months, but I think it's alright.

I would only use this card when I get a 5% category that I actually use and doesn't conflict with Freedom or Gold (4xMR > 5% Cash).

Since the cap is $1500, so, theoretically I would need NO more than 1500 limit.

Just my thoughts and in my case I don't need to increase my overall limit at this time.

Anonymous · ‎03-19-2019

Thanks for all the replies and insightful answers everyone. Just wanted to get a ballpark range on the frequency of CL increases, my initial CL seemed low compared to my first credit card from a stricter credit issuer. It does seem like it varies drastically from person to person.

Anonymous · ‎03-19-2019

CLIs are all over the map with Discover. Some report them being available frequently, say every 30-60 days. Others find them coming more in in the 3-6 month range. Some are lucky to see one per year, while there's definitely a final group that literally never sees them.

romy134 · ‎03-19-2019

So my dico card just graduated, how long should I wait till I send in a request?

Anonymous · ‎03-19-2019

I think 3 months would be a reasonable time frame, but you could do it as early as tomorrow if you'd like without risking anything.

Anonymous · ‎03-20-2019

Many questions get asked on here multiple time, haha

I'd say maybe check once a month. Certainly your CLI offer isn't gonna be as big as if you were to wait 2 or even 3 months though. My Discover It is 1 year and 5 months old now and have gotten 3 soft pull CLIs. I went from $750 in October 2017 to $1500 in March 2018 to $2000 in June 2018 to $3500 in February 2019. Sometimes they do auto CLIs. Otherwise, you can ask for one and it will be a soft pull CLI. I initiated the request each time. It can vary for everyone how often Discover is willing to increase the credit limit.

Anonymous · ‎03-20-2019

@Anonymous wrote:
Many questions get asked on here multiple time, haha

I'd say maybe check once a month. Certainly your CLI offer isn't gonna be as big as if you were to wait 2 or even 3 months though.

To be expected when you're talking a forum with around 3.5 million posts.

I disagree with your theory that a CLI will be bigger if you wait longer. There's no way to know that for sure.

I received $11,800 ($3800, $4000, $4000) across 3 CLIs in 64 days from Discover early on when I had my account. I find it hard to believe that if I hadn't gone for/accepted the first two that if on Day 64 I requested one my CLI would have been $11,800 or greater. In fact, I'd argue just the opposite that my CLI would have likely be just about what my first one was and that I would have "missed out" on the other 2 that were obviously on the table for me over that span of time.