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Requesting Discover CLI with Balance?

barthooper
Frequent Contributor

Requesting Discover CLI with Balance?

My last increase was about this time in April, a 3k increase, now sitting at 21k. I've got the largest balance i've had yet on Discover right now, statement just cut with ~2500. Wondering if any folks have datapoints about getting increases with a balance, if it seems to impact Discover at all. Thanks!

Quicksilver - 16k | Discover It - 34k | Citi DC - $21k | Chase Amazon - 8k | Chase Reserve - 19.5k | Chase Preferred - 5k | EX FICO (Discover CSC) 788
Message 1 of 18
17 REPLIES 17
Anonymous
Not applicable

Re: Requesting Discover CLI with Balance?

Some say it does, some say it doesn't.  I've always been of the opinion that having the smallest balance possible (preferably 0 after heavy usage) when requesting a CLI is the best way to go.  IMO, having a lower balance certainly can't "hurt" your CLI result, where having a larger balance either may or may not hurt the result.

Message 2 of 18
My_Fako
Established Contributor

Re: Requesting Discover CLI with Balance?

Data points....

 

Recently tried to help my Mother in law.  Her Discover was sitting @ 9k BL with a 14.4k limit. I tried to get her a increase. Came back with 5k. So... Not to bad with having suck a high BL.  

Amex PRG NPSL I Chase Marriott $10k I Venture $15.3k I Amex BCE $10K I PNC 13K I Chase IHG $8.6k l Amazon $6k l Chase Hyatt 20k l US Bank Cash+ $13K I Barclays $12.6k I Venture $13k l Discover it $4.6k l Express Next $3.1k l Amex EverDay $15K l Cabelas 1k I Wayfair $17.1k I Walmart $8k l SG $9.8k l Target $3.6K I PP 2K l AU Shell Gas $900 opened in 1974 l Ex 704 Tu 698 Eq 667

Anything worth fighting for is worth fighting dirty for.
Message 3 of 18
Anonymous
Not applicable

Re: Requesting Discover CLI with Balance?

Very true, not bad at all.  What I would love to know is if that balance was significantly lower (or none at all) if that $5k would have been greater.  Unfortunately it's nearly impossible to ever test this out as one would need to request a CLI, get it, then deny it or CLD it back to what it was... then dramatically change utilization and re-request a CLI and see the difference.  Of course, during this time other things could go on that change the profile and/or variables that go into the CLI decision.

Message 4 of 18
PhantomBrigade
New Contributor

Re: Requesting Discover CLI with Balance?

It's absolutely fine.

I had 37% util on my card (22% overall) and requested an increase on Sunday (my first time ever asking), they increased my credit limit by 75%.

Other times they have given me auto increases with my util on that card at over 90% (~50% overall).

My profile is thin and they seem to like being my highest limit card. Works for me.

FICO 08
Starting 3/16 Ex: 692 TU: 689 EQ: 730

Current 10/16: Ex: 770 TU: 758 EQ: 787
Message 5 of 18
metech
Regular Contributor

Re: Requesting Discover CLI with Balance?

When carrying a balance i have never been able to get a increase more than $500 every 91 days. If it was even offered at all.

 

As soon as my 0% intro period was over i paid it in full and was able to get a 1500 CLI

 

The next statement i ran 4k total charges and paid in full and was able to get a 3000 CLI.

 

What i have seen with discover is that they are literally all over the place with different people/profiles. Lately ive been getting CLI every 31 days with the two day review. For two statements in a row.

Message 6 of 18
Anonymous
Not applicable

Re: Requesting Discover CLI with Balance?

What is the greatest CLI anyone has received (or heard of someone receiving) as their first CLI (91 days or so) after getting their Discover card?  I'd imagine not many have received the 3X CLI that Amex has provided to many, but am curious what the highest numbers have been.

Message 7 of 18
barthooper
Frequent Contributor

Re: Requesting Discover CLI with Balance?


@Anonymous wrote:

What is the greatest CLI anyone has received (or heard of someone receiving) as their first CLI (91 days or so) after getting their Discover card?  I'd imagine not many have received the 3X CLI that Amex has provided to many, but am curious what the highest numbers have been.


Not necessarily the first CLI, but the largest at one time I've seen Discover give, reported on here I believe, is $6500. Maybe rather than giving you one giant bump early on they decided it was better to do gradual, smaller increases, in some cases as low as $500.

Quicksilver - 16k | Discover It - 34k | Citi DC - $21k | Chase Amazon - 8k | Chase Reserve - 19.5k | Chase Preferred - 5k | EX FICO (Discover CSC) 788
Message 8 of 18
Anonymous
Not applicable

Re: Requesting Discover CLI with Balance?

Gotcha.  I'm hoping for at least 20% for my first (91+ day) CLI with Discover.  Anything above that IMO would be a huge win.

Message 9 of 18
takeshi74
Senior Contributor

Re: Requesting Discover CLI with Balance?


@barthooper wrote:

My last increase was about this time in April, a 3k increase, now sitting at 21k. I've got the largest balance i've had yet on Discover right now, statement just cut with ~2500. Wondering if any folks have datapoints about getting increases with a balance, if it seems to impact Discover at all.


Data points won't mean much if you're only considering balance on the account itself.  Odds are probably better with lower revolving utilization on the one account but that's just one consideration among many in one's credit profile that any creditor will consider for a CLI.  If your profile isn't strong in other areas then you may want to reduce that balance.  If you have a very strong profile then it might not have as much impact.  Worst case you can request another CLI down the road.

 

2,500 / 21K is 11%.

 

I got a nearly 5K CLI while carrying a balance about that size on an intro offer with Discover.   Again, though, YMMV depending on the shape of your credit profile.  If you're at 21K I'd guess that you probably have pretty good profile.

Message 10 of 18
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