MemberSince99 wrote:They are great with rewards and the best CS. They are also the most conservative, stingy lender with limits ever (worse than Cap One's prime cards by far). That's what drives me nuts about them. You will notice your lowest limit is - yep Discover. No surprise there.
But they are great with the rewards and CS.
Discover was my first "real" card and is my highest limit.
They are stingy with people who show low usage. They like to see heavy, frequent usage. So people with 15 cards who buy a pack of gum a month on Discover won't see any CLIs (I'm not saying that's you, but just saying how they work).
So blanket statements about stinginess don't really apply. Like any lender they are stingy towards some and generous with others, depending on usage/file/etc.
You are right - blanket statements don't work. To say that's true about people who already have high limit cards and a great credit history and score, that's VERY true based on both personal experience and reading the results of numerous other people on multiple forums.
They like a certain type of profile, which I personally obviously do not fit. I put a LOT of use on my Discover card until I figured out it was fruitless and that I'd rather give the swipes to lenders who I do more fit the profile they are looking for.
It's simply the truth that they are conservative - I was told that by a CSR who works there on the phone when I called. Are there exceptions? Sure I read about a person on FICO just last week with scores in the 600s and derogs, who got a 13k starting limit from them. THAT seems to be the profile they are looking for (and reward with high limits) not people like me.
Just a fact. I'm glad you got a decent limit out of them, but the facts are what they are. They are REALLY stingy with people that most companies would give higher limits to, and not stingy with people other companies wouldn't give high limits to. They obviously have their own way of doing things, and that way doesn't benefit me personally.