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Discover Secured Graduation- 6th statement

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
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Frequent Contributor

Discover Secured Graduation- 6th statement

Good Morning!

Woke up to a pleasant surprise. Logged into my account and saw credit limit raised from $400 (self funded) to $2,000. Used their instant messaging feature to ask if my card unsecured. Got a playful response back from the rep and then the rep said “ your card graduated on the first review of your account.” Etc etc. rep did mention the review included use of all credit accounts.

I was not expecting this as the website I thought said starting 7th or 8th statement. They even said they mailed deposit check back already! It might have been due to heavy use of the card and paying In full. To be honest I would say reporting balance for statement half the time was under 10% and probably the other half around 75% didn’t really focus on that. Never paid interest. Made multiple payments throughout the month and always paid my statement balance within a day or two of the statement cutting. If there are other data points people want let me know, happy to provide. I am very impressed with Discover so far! Seem to reward loyalty.
6 REPLIES 6
Frequent Contributor

Re: Discover Secured Graduation- 6th statement

Some additional info that might be relevant. Initial secured line was $200. About 3 weeks ago I added $200 to increase line to $400. Reading the forum I see a lot of commonality that people who added to their secured line from the initial number got unsecured quicker than those who just kept original amount. Maybe it’s a factor shows “loyalty” to discover or a willingness to grow witg discover.
Message 2 of 7
Established Contributor

Re: Discover Secured Graduation- 6th statement

Congrats!! Nice job!!👍👍

It’s an awesome card!!

😊



Starting FICO 8 Score: EQ 491
Stating FICO 8 Scores 03/17/2018
TU 483 EX 527 EQ 491
Current FICO 8 Score:
EQ 625
Goal Score: 600(within a year)**MET MY GOAL**


Take the myFICO Fitness Challenge














Message 3 of 7
Regular Contributor

Re: Discover Secured Graduation- 6th statement

Congrats. My 6th statement got and tried for the unsecure but told to wait a month. Awesome on your end
Fico 8 Exp 598 Transunion 598 Equifax 596 (7/18/18)
FICO 8 Exp 609 TransUnion 622 Equifax 617 (8/10/18)
FICO 8 Exp 643 Equifax 641 Transunion 655 (9-10-18)
FICO 8 exp 630 Transunion 646 Equifax 627
Fico 8 Exp 646 Transunion 639 Equifax 640 (11/1/18)
Fico 8 Exp 698 Transunion 716 Equifax 690 (1/8/19)
Message 4 of 7
Frequent Contributor

Re: Discover Secured Graduation- 6th statement

Congrats! 🎉👏🎊
BK CH7--Filed September 25, 2018--D/C Jan.4, 2019
{FICO8 Feb.12, 2019--TU 580--EX 600--EQ 626}

Credit One Visa ($500 now $700) Nov. 2018
SelfLender (2 year) Nov. 2018
Capital One Platinum MC ($2000) Jan. 2019
Target RedCard ($500) April 2019
Venus Comenity ($500) May 2019 no HP


FICO 8 SCORES: 06-02-2019616 TU613 EX638 EQ
Message 5 of 7
Frequent Contributor

Re: Discover Secured Graduation- 6th statement

Thanks all! I tried CLI and said not approved. Prob because I just got $1600 increase.
Message 6 of 7
Senior Contributor

Re: Discover Secured Graduation- 6th statement

Congratulations on your card graduating!

Starting Scores FICO 8 (Feb '18):
EX- 519, TU- 530, EQ- 545

Current Scores



Message 7 of 7