Get a Discover Secured Card Credit Limit Increase With the Help of DoNotPay
Most credit card companies allow you a designated limit at the time of sign-up. Over time, they may have various ways you can unlock an increase to that limit. It will raise your amount and give you more to spend at once. A can take months to do on your own.
Why wait? Work with DoNotPay and get an increase sooner. It will help you unlock a higher amount that can help you out when you're in a bind.
About Discover Secured Cards
Discover is a major brand. You may have seen their commercials or heard their name through word of mouth. It was initially introduced by Sears in 1985 and has grown exponentially since.
The company offers a number of card options, all with similar incentives. You may receive:
- Cashback on purchases
- Matching cashback amounts at the end of your first year
- No annual fees
- Low-interest rates
The secured card, in particular, is intended for those struggling with their credit. You may not get approved for a regular credit card due to a low credit score, but you can put a deposit down on a secured version to help yourself get approved. Say you put $200 down to open your card. That will often act as your initial spending limit.
Apply for a card, and your down payment will be based on your current credit, income, and other factors. Some people may start out with a smaller amount than others.
Who Can Request a Higher Credit Limit With Discover?
Not everyone is eligible to request a higher credit limit right away with Discover. If you just signed up for a secured credit card, you cannot immediately demand a new limit. You'll have to prove yourself first to ensure you have the ability to pay on time and aren't using up your full credit limit quickly.
They'll want to see:
- That you've been a customer in good standing for at least seven months and have made on-time payments
- That you have a good status overall on your credit report, with no delinquent accounts or bankruptcies
- That you try your best to stick to the recommended credit utilization of 30% or less
- That you've updated your account profile with additional income
Do I Need to Make a Formal Request for a Credit Limit Increase?
Discover cardholders do not need to make a formal request for credit limit increases. The company handles it automatically on the 7th month after you've opened your account. Discover automatically looks at your account history and overall credit history and makes a determination of whether they should keep your limit the same or give you an increased amount.
After that, they'll take a look every single month to see whether you get additional increases or if they need to lower your limit. This only requires a soft pull of your credit report, which does not affect your score. Requesting the limit yourself requires a hard pull that may affect your score, especially if the request is denied.
Increasing Credit Limit on Secured Card - Discover - On Your Own
Discover allows you to make an increased request in several ways.
- Use the app
- Go online
How to Request an Increase on the App
If you have a Discover card and haven't downloaded the app already, you should. It allows you to see your account details easily. From the app, you can click on the Services icon at the bottom of the screen. Then, click Credit Line Increase. You will either receive a message indicating you are not eligible for an increase or be given steps to follow to make your request.
How to Request an Increase Over the Phone
The app provides the number you can call should you want help to increase your Discover limit despite the warning message. It may still be approved, but you will have to add an additional security deposit amount to make it happen—Call 1-800-347-3085 to discuss your options.
How to Request an Increase Online
You can sign in to your online banking account using your web browser. From there, you'll navigate to the Manage tab and then click on Credit Line Increase. You will receive a message indicating you are not eligible or be given steps to follow to put in your formal request.
Get Your Discover Secured Card Credit Limit Increase With DoNotPay
You don't have to attempt to obtain a on your own. Use DoNotPay to make the inquisition for you. We get it done in six easy steps.
How to Request Higher Credit Limits using DoNotPay:
If you want to request higher credit limits on your Discover secured card but don't know where to start, DoNotPay has you covered in six easy steps:
- Go to the Credit Limit Increase product on DoNotPay.
- Select which type of card you own and your credit provider.
- Tell us more about your card, such as when you first created this card, your current credit limit, what you would like your new limit to be, your card number, and whether you've missed past payments.
- Tell us more about your current income and expenses and why you would like to request a limit increase.
- Indicate whether you want to allow hard inquiries to be made into your credit history. Upload a copy of your ID and provide your e-signature
- Submit your task. DoNotPay will deliver the request letter on your behalf. You should hear back from the card provider with confirmation or a request for more information within a few weeks.
DoNotPay Works Across All Companies
Discover isn't the only company DoNotPay can help you with. Get a credit limit increase from any place that offers them, including:
|Chase||Capital One||American Express||Apple|
|Bank of America||Citi||Wells Fargo||Credit One|
And many more. DoNotPay also assists with bill pay, recalls, tickets, and any other problem you may have that can be tackled online. Work with us and get your problems solved promptly.