I found out they increase the credit limit of my Private Issue card and they increased from $10,000 to $12,000. It is the highest limit card that I have. Ron.
Karen, Private Issue is type of Discover Platinium Card and it is issued by Discover Bank. I don't know how hard it was and I was approved in the first time. At that time, I already have Discover Platinium Card,Discover Gold, Smithsonian Card (Novus) and Universal Studios Card(Novus). They don't have any on-line approval or on-line application. You have to call 1-800-4-PICARD to apply. The Private Issue Card is used like Discover Card and they accepted wherever the Discovercard is accepted. The APR is 11.9% APR. Cashback Bonus® Award My Discover Private Issue Card has the Cashback Bonus® award financial option. How is my Cashback Bonus award calculated? The accrued amount of a Cashback Bonus award is calculated by multiplying the total qualified purchases at the end of each billing period by: .25% (.0025), if the purchases are part of the first $1,000 in purchases during the anniversary year, or, if the purchases are made at select warehouse clubs or discount stores, and .50% (.0050), if the purchases are part of the second $1,000 in purchases during the anniversary year, and .75% (.0075) if the purchases are part of the third through fourth $1,000 in purchases during the anniversary year, and 1.0% (.01), if the purchases are part of the purchases in excess of $4,000 during the anniversary year. All purchases made at BJ's Wholesale Club and Sam's Club (including Samsclub.com) and, as of March 1, 2002, Wal-Mart (including Walmart.com) will accrue a fixed rate of .25% (.0025). However, purchases made at these warehouse clubs and discount store gas stations will not be subject to this fixed rate and will continue to accrue a Cashback Bonus award of up to 1% based on your annual level and type of purchases. See the Cashback Bonus Terms and Conditions for additional information Ron.
