Discover Increases?

Discussion in 'Credit Talk' started by Laray, Jun 1, 2002.

  1. Laray

    Laray Well-Known Member

    What are the increases like? Do they usually do them automatically after six months or so or do you have to request one?
     
  2. Ron

    Ron Well-Known Member

    Laray,


    Discover Usually increase your credit limit once a year depends on your usage,credit history and payment history. If you request the limit increase they will pull hard inquiry on your credit report.


    Ron.
     
  3. GEORGE

    GEORGE Well-Known Member

    MINE WASN'T INCREASED FOR YEARS...I had to call to tell them I was "THINKING" about closing it...

    They gave me $3,000 no inquiry and a 5.90% BT...
     
  4. Ron

    Ron Well-Known Member

    George,

    They increased Discover Platinum Card from $5000--> $6500 and Private Issue from $10,000 ---> $12,000. They increased the limit depends on your usage, credit and account history. Last time I requested limit increase for my Discover Platinum Card 2 yrs agoand they pulled hard inquiry on my Equifax report. They denied me because too many inquiries.


    Ron.
     
  5. GEORGE

    GEORGE Well-Known Member

    USAGE????

    Have had $300 to $400 CASH BACK...

    USAGE ENOUGH???
     

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