Userofcards wrote:I don't get it. You opened a Discover two or three years ago with a 5.5k limit - Bigger than your AMEX BCP, your Chase Sapphire Preferred, a barclaycard account you opened and closed, et cetera. You then closed the card within a short period of it being open because they didnt increase your credit limit. Then within you opened another discover account - 4.5k limit - but closed that after not even six full months, again because the limit was too low (though it seems competitive with at least some of your other limits) and within a month or two after closing that account, you open another but only get a 3k limit, and then you instantly close it.
I don't see that Discover is the one behaving oddly here. Perhaps you are getting lower limits because you are consistently opening and closing accounts with Discover (and other issuers: you had a Chase Freedom, USBank Cash+ and an AMEX that you opened and closed in short time). Perhaps Discover thinks you are only interested in sign-up bonuses or 0% APR specials or perhaps people who open and close accounts are seen as riskier (even if their FICO is excellent).
As for your idea that discover doesn't "like" people who Pay In Full: While they may love people who pay interest, I am skeptical that they "dislike" customers who pay their bill fully each month (unless perhaps those customers only buy stuff in the 5% rotating categories). I've had discover for many years, I've always paid in full each month (never paid a penny in interest), and I have had no problem getting a competitive credit limit (Discover was my first card to reach 5k limit), an APR reduction (Thankfully APR isnt relevant to me, but I simply called and they reduced it!) and a credit limit increase when my income and spending increased. Perhaps Discover is more friendly toward people who carry a balance than other issuers and perhaps discover is less likely than other issuers to give 10k+ limits. But it is certainly possible to use discover, pay in full each month, and have a credit limit that is more than sufficient for one's spending level.
But I suspect your troubles getting a bigger CL (and again your first Discover limit was 5.5k, greater than Chase Sapphire and Freedom, Barclays, AMEX BCP so I'm not really sure how discover is different in this regard) have less to do with who they "like" and more with your pattern of opening their card and closing it in less than a year. I suspect that if you had kept your 5.5k More card and used it consistently, Discover would have increased your limit had you called and asked. Maybe they would have pulled a credit report. But as you've opened/closed them three times in the last few years and other issues quite often as well, so you don't seem adverse to credit pulls.
Finally, you say you don't "get" how your profile supports only a 3k limit while some other myfico poster has a 6k limit. Perhaps that poster has a bigger stated income or perhaps Discover's algorithms see that you have around 50k in available credit. Perhaps if your income isn't ultra-high Discover is concerned. Perhaps Discover feels customers with a lot of available credit compared to income are riskier customers.
Despite your endless complaints about low Discover limits, your initial 5.5k limit with them is higher than what several other issuers are giving you. And despite your endless complaints that Discover won't "grow" with you, you have closed their card before giving them much chance to increase your limit.
Anyway so what. Discover didn't "wrong" you in any serious way despite your talk of being "galled" and elsewhere of being "insulted." If you dislike the card, simply use another one of your many cards. No big deal. These incessant and hyperbolic posts about Discover are harder to read than the "gardening" posts that draw so much ire.
Didn't even see this before. Probably just as well.
If Discover treats you great, more power to you. Discover doesn't offer sign up bonuses that I'm aware of. I never got any. As far as the sign up bonus goes, when I closed the Chase Freedom, I left it on the table, and I left 80 bucks worth of rewards on the Cash +. The rewards are nice, but it isn't the main reason I use these cards and I never sign up for a card simply for a sign up bonus.
Discover could have, would have, might have done anything, I mean we can sit here and speculate oh if I'd have done this maybe they would have done that, but you know what it's about as useful as speculating where we'd be today if we would have bought the right stock 30 years ago.
Me I wouldn't expect much out of Discover, which is why I don't carry them anymore.
Again I would say if they've treated you well, great, enjoy your Discover, they have decent rewards great CS and the best online shopping mall. As far as limits for some of us, they suck. It's just a fact no matter how much you hate it that I point that fact out.
And as far as you not liking my posts, if they bother you that much, may I ask WHY THE HELL DO YOU READ THEM? I don't care for Fox News, so do I do like you and go read them anyway just to get annoyed? Nope. No one is forcing you to read. It's like the doctor when you go and say it hurts when I bang my head into the wall - he says why do you keep banging your head against the wall then? Good question.
You are free to ignore me. Have a great day and enjoy your Discover.