Discover Card Credit Limit Increase

All about Discover & Diners Club – talk about their credit card deals such as the More, Miles, Escape, and others.
28 posts
Mully85
Green Member
Green Member
 
Posts: 18
Joined: Sat Mar 24, 2012 10:13 am
Location: Aurora/CO

Discover Card Credit Limit Increase

Postby Mully85 » Mon Mar 26, 2012 12:01 pm

I was just on Discover's website and asked for a credit limit increase, in just a few seconds they approved my request, but it was a couple of hundred dollars less than what I had asked for.

My main question is how long should I wait to ask Discover for another credit line increase, the standard 6 months? My credit scores are all above 700. Thanks!


User avatar
jumbo
Centurion Member
Centurion Member
 
Posts: 351
Joined: Wed Sep 14, 2011 3:17 am
Location: IA

Postby jumbo » Mon Mar 26, 2012 2:43 pm

I don't know the answer to your question, but here is what my saying is:

I was approved for discover in 2010 for $500 on my second year in college and every three months they increased my limit with $250 automatically. Now its $1500, its been almost 6 months they have not increased my limit automatically.

So, if possible, can you please clarify how long you have the discover account, what your limits are and how much you got your limit increased for. It might help some of the readers of this forum to get a CLI.
Thanks.

DavidNY
Centurion Member
Centurion Member
 
Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Mon Mar 26, 2012 8:07 pm

Discover automatically reassesses accounts every 6 months. If its been at least that long without an increase you can ask for one. When they checked my CR for a CL increase it was a soft pull.

They are known for giving low CLs and don't be surprised if the CL increase is a few hundred.


Mully85
Green Member
Green Member
 
Posts: 18
Joined: Sat Mar 24, 2012 10:13 am
Location: Aurora/CO

Postby Mully85 » Mon Mar 26, 2012 11:35 pm

As long as I've had my Discover which is since about 2001, they've only given me ONE $300 increase. But this afternoon they gave me an almost 40% increase in the amount of $500 ( I was asking for $700) They gave me an option to accept the $500 or proceed on for a Hard Pull to see if I could get the $700. I decided to stick with the $500. Maybe in 6 months I will give it another try.

irvine801
Centurion Member
Centurion Member
 
Posts: 329
Joined: Thu Jan 19, 2012 6:26 pm
Location: Salt lake city, UT

Postby irvine801 » Tue Mar 27, 2012 12:13 am

Call and ask for a credit analyst. And then ask if they can take a look to see If they can approve your request for the slightly higher CLI. Shouldn't be an issue if you are asking for a slightly higher CLI. And when u ask for an analyst, tell the account manager you have already applied for the CLI just so they don't pull credit twice. :)
-American Express Zync.
-Discover IT. 4.5k limit 7.99%
-MC Citi diamond preferred. 1500 limit
-Visa Chase freedom. 2k limit.(23.24%, NOT IN USE)
-Miles by discover 1.5k limit.7.99%
-Best buy store card. 1500 limit
-Mt. America visa 1k limit

CC Deville
Centurion Member
Centurion Member
 
Posts: 998
Joined: Thu Aug 04, 2011 7:07 pm
Location: Phoenix

Postby CC Deville » Thu Mar 29, 2012 4:29 pm

I have heard of people informing Discover that they had planned to process a balance transfer but needed a higher credit line in order to do so and Discover gave a higher credit line.

irvine801
Centurion Member
Centurion Member
 
Posts: 329
Joined: Thu Jan 19, 2012 6:26 pm
Location: Salt lake city, UT

Postby irvine801 » Thu Mar 29, 2012 5:06 pm

LOL that's actually how my credit is my highest line I have. Totally worked. But I was denied at first... So don't lose hope.
-American Express Zync.
-Discover IT. 4.5k limit 7.99%
-MC Citi diamond preferred. 1500 limit
-Visa Chase freedom. 2k limit.(23.24%, NOT IN USE)
-Miles by discover 1.5k limit.7.99%
-Best buy store card. 1500 limit
-Mt. America visa 1k limit


ksy
Platinum Member
Platinum Member
 
Posts: 64
Joined: Sat Oct 20, 2012 11:13 am
Location: PC Al

Postby ksy » Thu Jun 27, 2013 12:00 pm

Applied online in May and was given the call 800 error I did so and was denied after a few questions. This morning at 2am I get an email about my new credit limit they raised it 1000.00 very strange but it is what it is i guess.

rockyrock
Centurion Member
Centurion Member
 
Posts: 637
Joined: Thu Mar 21, 2013 6:06 am
Location: Ventura, CA

Postby rockyrock » Fri Jun 28, 2013 1:48 am

My initial (Nov 11) line was $8k; I only used it until I hit the $1500 spend for the bonus CB and then sock drawered it. Sometime later I noticed I received a auto CLI to $9500. I used it again in Dec 12 to buy a new MacBook and haven't used it since. In May I converted to a IT card and requested a lower APR and was approved.
American Express: (MS 2005) Premier Rewards Gold (2014) Blue Cash Preferred (2013)
Chase: Sapphire Preferred Visa (2013) Marriott Rewards Premier Visa (2010)
USAA: World MC (2011) American Express (2013)
Discover it (2011)
Bank of Hawaii Hawaiian Airlines World Elite MC (2008)
Navy Federal Credit Union Platinum Visa (2013)
Citi Double Cash MC (2015)

User avatar
bisbicos
Centurion Member
Centurion Member
 
Posts: 284
Joined: Sun Jul 17, 2011 12:38 am
Location: Newton, MA

Postby bisbicos » Wed Jul 17, 2013 10:29 am

sweet, I just called Discover and asked for a CLI. They increased me from 4750 to 7500 with no hard pull. I love Discover
Credit Cards
American Express: Fidelity Rewards (2% cash back) 9.5k
Zync NPSL
Discover: Discover More (5% rotating categories) 12k
Mastercard: Chase Freedom (5% rotating categories) 4.6k
Visa: Citi Forward (5x pts on restaurants) 15.7k
Citi Dividend (5% rotating categories) 5.6
Capital One Journey (1.25% cash back) 1.25k
BofA AAA (5% on gas) 2.5k
PenFed Platinum Rewards (5% on gas 3% groceries) 7.5k

Future Cards
US Bank Cash +
Chase Ink



Return to “Discover, Diners Club”

Who is online

Users browsing this forum: No registered users and 0 guests
†Advertiser Disclosure
The credit card offers that appear on this site are from credit card issuers from which CreditCardForum.com receives compensation. This compensation may impact how and where products appear on this site, including the order in which they may appear within listing categories. CreditCardForum.com does not include all credit card offers that might be available to consumers in the marketplace.