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  1. #1
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    Default Average credit limits with Discover?

    What's the average credit limits you guys have with Discover in comparison to other cards? Looking to do a 0% APR intro balance transfer but I can only do it if Discover gives me a decent credit limit. I don't want my balance transfer amount to be more than 30% of my credit limit (because of my score).
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  2. #2
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    I recently opened a Discover and the credit limit wasn't bad but wasn't great either compared to other cards I have. I think it's because I never had a Discover card before. I think they're a good company but when I called to activate and mentioned this to the CSR (and later the credit dept) they wouldn't up it. I've heard different things from other people though who've had great luck with them and high credit limits even when they have bad credit. The reason I opened their card was I think it's good to have cards from all the issuers on your credit reports.
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  3. #3
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    Anyone know the maximum Discover will give you for a credit line?
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    I think most of them offer a max of 25k but don't quote me on that. If you want a high limit card you should go with an American Express that's geared towards travelers. Because it's travelers who typically are high spenders right?
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    Centurion Member Mogul of Pineapples's Avatar
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    I think they go up higher than 25 thou. I would guess 50 or 100. Not saying many people have Discover cards with that high of limits but I don't see why they wouldn't offer them to their top customers.

    FYI here is their current offer.
    Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

    Current Cards:
    American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
    Primary Everyday Card: American Express Blue Cash
    Primary Travel Card: Chase Sapphire Preferred
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    I believe the most I've seen reported on this forum is $16k, I'm sure they go higher but it seems rare. My initial was $8k which they auto-bumped to $9.5k 12 mos later. All that said it still is one of my lowest limit cards...
    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 Executive / AAdvantage World Elite MC (2014)
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  7. #7
    Centurion Member Terry's Avatar
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    Quote Originally Posted by Glasgow View Post
    What's the average credit limits you guys have with Discover in comparison to other cards? Looking to do a 0% APR intro balance transfer but I can only do it if Discover gives me a decent credit limit. I don't want my balance transfer amount to be more than 30% of my credit limit (because of my score).

    My limit with Discover started rather low, but after 18 months and threating to dump their product and use another card exclusively, the credit department raised my limit to $12,000.00.
    AMEX Green Card - NPSL [Member Since 1995]
    AMEX BCE ($18,000) - For Cashback
    AMEX Everyday Card ($14,000) 6/14 Backdated to 1995 - For 20% Extra Points Benefit
    Citi ThankYou Preferred Visa Signature ($16,000) - 2% dining
    Discover IT Humane Society Design ($15,000) - For 5% rotating categories
    Home Depot ($10,000) - For 0% financing
    JCPenney Credit Card ($5,500) - For special discounts
    Sam's Club MasterCard - ($12,000) - 5% off gas at any fuel pump
    Wells Fargo Personal Line of Credit - ($15,000)

    FICO's - 780+ across all three bureaus [09/2014]
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    I got mine earlier this year at its $6k.
    Marriott Rewards Premier $12,000
    American Express Blue Cash Everyday $10,000
    Delta Gold Skymiles $9,900
    Discover IT $8,800
    Chase Sapphire Preferred $6,500
    Chase Freedom $4,500
    USAA Cash Rewards $4,000
    Zales $4,000
    Chase Amazon $1,000
    Target $800
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  9. #9
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    Got mine in June. Started out at 4k. Two weeks ago I was auto bumped to 4.5k. Not bad considering my highest card before that was a $500 cap one card (not including amex prg)
    Credit Scores: Equifax - 736 (October Fico) | Experian 726 (October Fico) | TU - 758 (October Fico)

    Credit Lines: Diners Club 20k | SDFCU 5k | Penfed 7k | Amex BCE - 10.5k | Chase Marriot - 5.2k | CSP - 6.5k |Discover IT - 9k | Sallie Mae 3.8k | Citi TYP - 3.5k | BOA 123 - 4.9k | Total Rewards 3.25k|
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  10. #10
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    My discover credit limit has been competive with my CITI, Chase and Barclay cards over the last 5 years or so. Sometimes Discover has been higher, sometimes lower. But always within a the same ballpark.

    But there are others who report stingy limits with Discover. Some report high limits.

    Its really hard for anyone here to predict if Discover (or another issuer) will give a large enough credit line for you to do the balance transfer and remain at 30% utilization on the new card.

    Also for balance transfers, I think the Citi Simplicity has a generous offer (18 months, but with a 3% fee) and Chase Slate has a nice 0 percent fee (but for 15 months). Though the advantage with Discover would be that since it is a rewards card (and the others are not), it would probably still be valuable after you pay off the transfered balance. But The Slate and Simplicity seem awesome for balance transfers.
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