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applying for another discover it just to move CL?

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Anonymous
Not applicable

applying for another discover it just to move CL?

Is it possible to signup for another discover it card then if im approved and get the card in the mail just call the 800 num and transfer alll the CL from the new card to the old one?

 

also any tricks to getting a CLI? with discover

Message 1 of 11
10 REPLIES 10
Kenny
Moderator Emeritus

Re: applying for another discover it just to move CL?

Never heard of this, but it's your 2nd highest CL. I'd focus more on the BoA, Cap1, HD, and Wal-Mart, personally. Especially the WM and Cap1 since those are always SP-CLIs.

Some people say that letting a balance carry over for a little bit might help you with CLIs, but I'm not sure about that. To me, the only thing that has worked has been continued usage. Try the phone for CLI and if they need more info you can hang up and you might or might not get an increase later via SP.

GL! Smiley Happy
Message 2 of 11
MT936
Established Contributor

Re: applying for another discover it just to move CL?

Not worth the HP
Amex Blue Cash Everyday: $25,000 | Navy FCU Cash Rewards: $25,000 | Discover It: $20,500
Chase Freedom: $12,500 | Citi Double Cash: $10,000 | Bank of America Cash Rewards: $8,000

Message 3 of 11
mongstradamus
Super Contributor

Re: applying for another discover it just to move CL?


@Anonymous wrote:

Is it possible to signup for another discover it card then if im approved and get the card in the mail just call the 800 num and transfer alll the CL from the new card to the old one?

 

also any tricks to getting a CLI? with discover


How long have you had the card ? It took an long time for me to get an sp cli from nearly ten months. Just be patient with them 



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 4 of 11
lg8302ch
Senior Contributor

Re: applying for another discover it just to move CL?

I would figure that if Discover will approve a 2nd card they would also approve a CLI with a HP. Not worth the cut of the AAoA and the HP for a lender that does offer SP CLI. Just patiently wait...it will happen one day.  It took me 15 months but I am now fully happy with Discover and think it was well worth to patiently wait for the CLI. Almost drove me crazy reading all the auto luv but never anything for me but kept waiting and finally it worked well. Good luck!

Message 5 of 11
mongstradamus
Super Contributor

Re: applying for another discover it just to move CL?


@lg8302ch wrote:

I would figure that if Discover will approve a 2nd card they would also approve a CLI with a HP. Not worth the cut of the AAoA and the HP for a lender that does offer SP CLI. Just patiently wait...it will happen one day.  It took me 15 months but I am now fully happy with Discover and think it was well worth to patiently wait for the CLI. Almost drove me crazy reading all the auto luv but never anything for me but kept waiting and finally it worked well. Good luck!


I was in same boat , i was not too pleased seeing people get auto cli in 3 months with scores 100-150 lower than me :-(  Was finally able to get an cli which i was pretty thrilled about. 



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 6 of 11
Kenny
Moderator Emeritus

Re: applying for another discover it just to move CL?

Your AAoA to me is more valuable than your average CL. I mean, you can always increase your CLs -- your AAoA is exactly what it is and is only increased with time. Why lower that number just for a new account to raise your CL and then closing that one down? Not a good plan.

Message 7 of 11
lg8302ch
Senior Contributor

Re: applying for another discover it just to move CL?


@KennyRS wrote:

Your AAoA to me is more valuable than your average CL. I mean, you can always increase your CLs -- your AAoA is exactly what it is and is only increased with time. Why lower that number just for a new account to raise your CL and then closing that one down? Not a good plan.


+1  and not all lenders would easily transfer the CLs and close brand new accounts... and then what... cut AAoA and two cards with lower limits?  Definitely not worth IMO.

Message 8 of 11
lg8302ch
Senior Contributor

Re: applying for another discover it just to move CL?


@mongstradamus wrote:

@lg8302ch wrote:

I would figure that if Discover will approve a 2nd card they would also approve a CLI with a HP. Not worth the cut of the AAoA and the HP for a lender that does offer SP CLI. Just patiently wait...it will happen one day.  It took me 15 months but I am now fully happy with Discover and think it was well worth to patiently wait for the CLI. Almost drove me crazy reading all the auto luv but never anything for me but kept waiting and finally it worked well. Good luck!


I was in same boat , i was not too pleased seeing people get auto cli in 3 months with scores 100-150 lower than me :-(  Was finally able to get an cli which i was pretty thrilled about. 


Congrats...oh.. I missed that success story Smiley Happy

Message 9 of 11
mongstradamus
Super Contributor

Re: applying for another discover it just to move CL?


@lg8302ch wrote:

@mongstradamus wrote:

@lg8302ch wrote:

I would figure that if Discover will approve a 2nd card they would also approve a CLI with a HP. Not worth the cut of the AAoA and the HP for a lender that does offer SP CLI. Just patiently wait...it will happen one day.  It took me 15 months but I am now fully happy with Discover and think it was well worth to patiently wait for the CLI. Almost drove me crazy reading all the auto luv but never anything for me but kept waiting and finally it worked well. Good luck!


I was in same boat , i was not too pleased seeing people get auto cli in 3 months with scores 100-150 lower than me :-(  Was finally able to get an cli which i was pretty thrilled about. 


Congrats...oh.. I missed that success story Smiley Happy


It happned few weeks ago, I was really thinking about canceling card at end of the year if i didn't get an CLI, but i thought to myself that would be stupid by cancel an no AF card. The only thing i was thinking was this lower limit card may effect other apps. 



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 10 of 11
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