Discover Is Crazy (CLI related)

All about Discover & Diners Club - talk about their credit card deals such as the More, Miles, Escape, and others.
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Robrus1
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Discover Is Crazy (CLI related)

Postby Robrus1 » Mon Oct 06, 2014 10:50 pm

I've had my Discover IT card for about a year and a half or so and was initially given a $4500 limit. I had several auto increases (up to $5500) early on when I was using it more. I called several months ago and wasted an HP and was denied a CLI request for 15K. One of the denial reasons was that I hadn't used my card in several months. OK, so I continued to not use it for several more months, up until last month.

My spending right now is off the charts because I'm paying for a wedding this month, so last month about 20K reported from various cards. I put one purchase for about $2600 on my Discover just to use it a little. I haven't received a statement or made a payment since then, but I just got an email informing me that I got an auto CLI to $6900, which really surprised me considering the large amounts on other cards I let report last month. I have never really understood how they operate, and this reinforces it. All I can gather from them is to get auto CLIs, use the card frequently for small purchases, or occasionally for large ones, but I got more frequent CLIs when I was using the card daily. It's just so unusual. Anyway, anyone looking for auto CLIs from Discover, this is what I've learned.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K


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Vattené
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Postby Vattené » Tue Oct 07, 2014 9:00 am

I am still relatively new to Discover, and they've been good to me so far while I have been using it for nearly everything. I got a CLI on my request from $4,200 to $6,500 about 5 months in.

Based on anecdotal evidence and speculation on this forum, it would appear Discover wants to be your go-to card you use everyday. They will be generous to people like me starting out, but not so much to others with several other prime lenders in their wallets just looking to add Discover to their portfolio. Of course they have to consider creditworthiness, but the potential they see in you as a customer has a huge impact on how they treat you. Their was a recent post about a promotional cash back offer for someone that hadn't used the card a lot lately. That totally makes sense. They would honestly be wasting money offering something like that to me, but it gets infrequent users spending a lot more.

MAYBE that explains (or helps explain) your CLI? When they saw you weren't using the card they felt no reason to extend you more credit, but the second you put some substantial spending on it they offer a CLI as a carrot in hopes you'll use it. Again, it's speculation, but who knows if Discover's behavior will ever be deciphered?
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

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jumbo
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Postby jumbo » Tue Oct 07, 2014 10:09 am

Discover has given me CLI when ever I stopped using Discover card.
I just received a 1K increase, pushing the limit to 8K, but I haven't used discover in last few months. Looks like they want me to use the card more by luring me to CLI's.
BofA Cash Rewards | CapitalOne QuickSilver | Discover More
Gold Delta AMEX | Citi DoubleCash | Citi Simplicity
Chase Freedom | Kohls Charge Card

popamode72
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Postby popamode72 » Tue Oct 07, 2014 10:38 am

jumbo wrote:Discover has given me CLI when ever I stopped using Discover card.
I just received a 1K increase, pushing the limit to 8K, but I haven't used discover in last few months. Looks like they want me to use the card more by luring me to CLI's.


I'm gonna have to try that. They have been the most conservative with me and I've had the card open for nearly six months and put a lot of usage on it. Cap one has grown with me quicker btw and Amex especially. They increased my spending limit on my NPSL card after just two months.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

notcool
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Postby notcool » Tue Oct 07, 2014 12:15 pm

Its so interesting how everyone has different experiences. Some get an auto CLI when not using the card, I notice getting a CLI when I am using the card...

Michael
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Postby Michael » Tue Oct 07, 2014 12:33 pm

I applied for the Discover Restaurant card in 2005.

I was approved for a $15000 limit.

I still have that limit. It's not really important to me, since I only use the card for category spending.

The Restaurant card which gave 5% is long gone. I now have IT, like everyone else.

I find that my AMEX BCP and Cap One Quicksilver meet 95% of my reward needs, with restaurant quarterlies going on Discover or Freedom.

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Vattené
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Postby Vattené » Tue Oct 07, 2014 1:19 pm

Was the restaurant card simply 5% at restaurants?
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

Michael
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Postby Michael » Tue Oct 07, 2014 3:32 pm

Yes.

5% on restaurants (including Starbucks, Mcdonalds, etc.) all year, no cap.

That went away after 6 months or so . . . too good to last.

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Vattené
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Postby Vattené » Tue Oct 07, 2014 3:59 pm

Wow, 6 months! I would have jumped on that. Can't say I am surprised it went away, but after 6 months? They just must not have been prepared for what they were getting themselves into.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

Berk
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Location: NE Florida

Postby Berk » Thu Oct 09, 2014 6:37 am

I have had my Cashback Bonus for about 6 years. I always PIF. Can't remember the original CI. I have gotten both auto CLIs and requested CLIs with soft pulls once or twice a year. This past March I put about 6 grand on the card due to relocation for work. I had just gotten a requested CLI about two weeks before all the charges. About a week later I received an auto CLI from Discover. No idea why except I'm guessing they wanted me to keep using the card. Who knows how their matrix works for CLIs?
Fico Scores 05/25/2015
Equifax 766
TransUnion 788
Experian 797

Over $140,000 in credit across 12 cards.



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