Discover CL increase

Discussion in 'Credit Talk' started by dzeng, Apr 24, 2002.

  1. dzeng

    dzeng Member

    I get rejected by discover today, own card for 6 months and pay off every months. Ex is 684.
    Would some experts give some suggestions?
    THX
     
  2. GEORGE

    GEORGE Well-Known Member

    I was DENIED for years...so I stopped using it!!!

    I was using it for $300-$500+ "CASH BACK" per year.

    Finally got $3,000 INCREASE.

    I also got a 5.90% BT and a 1.90% BT...
     
  3. QUEEN_BEE

    QUEEN_BEE Well-Known Member

    Looking at it from their standpoint: why should they give you access to more money that they will make nothing off of since you pay no interest? I think this is about profitability, and you presented none to them since you pay it off every month.
     
  4. the other

    the other Well-Known Member

    Love,

    They still make money on the transactions. A higher limit may mean you spend more hence, more transaction revenue.
     
  5. QUEEN_BEE

    QUEEN_BEE Well-Known Member

    Maybe they aren't satisfied unless they get both...
     
  6. the other

    the other Well-Known Member

    I personally have found Discover to be very stingy about credit limits.
     
  7. brad

    brad Well-Known Member

    They also will pull a hard one on you.
     

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